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Online Scams Cost Malaysians RM1.2 Billion: A Wake-Up Call

In 2023, online scams Malaysia faced a massive hit, with Malaysians losing RM1.218 billion across 34,497 cases, including RM352.9 million from phone scams, per the Royal Malaysia Police (PDRM). Besides that, E-commerce fraud (33.2%) and investment scams (17.5%) led, with over 8,800 falling for fake online sellers by September 2023.

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SILICON VISION MALAYSIA

Join the Prime Minister of Malaysia, YAB Dato’ Seri Anwar Ibrahim, in a historic announcement that will change the country’s technological landscape. 📅 Date: March 5, 2025 ⏱️ Time: 2:00 pm – 5:30 pm 📍 Location: Shangri-La Kuala Lumpur Organized by the Ministry of Economy, the Malaysian Government is forming

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Driving Digital Transformation for SMEs

Today, SME Malaysia had a productive meeting with *YB Tuan Gobind Singh Deo, Minister of Digital*, YBhg. Mr. Fabian Bigar, Secretary General, MDEC CEO En. Anuar Fariz and their team. The discussion focused on *supporting our 13,000 SME members in adopting low-risk, cost-effective digital solutions* that deliver significant impact. Following

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Malaysia Grants E-Invoice Exemption for Small Traders, Phased Rollout for MSMEs

The Malaysian government has announced an e-invoice exemption for small traders with annual sales below RM150,000, benefiting over 700,000 businesses, including hawkers. This initiative aims to ease the compliance burden for micro-businesses. Additionally, the government has postponed the e-invoice implementation for MSMEs with sales between RM150,000 and RM500,000 to Jan

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Maximizing HRD Corp Funds for Workforce Development

Maximizing HRD Corp Funds for Workforce Development

The Human Resource Development Corporation (HRD Corp) is urged to allocate its funds strategically toward industry-focused training that aligns with market demands and emerging workforce trends. Industry leaders emphasize the need for practical, hands-on training to enhance employability, productivity, and career mobility. SME Association president Chin Chee Seong advocates for

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Voice Scam Prevention

The Rising Threat of AI Scams: A Wake-Up Call for Public Awareness

The recent revelation by Thailand’s Prime Minister, Paetongtarn Shinawatra, about almost falling victim to an AI-powered scam is a clear sign of the growing sophistication of cybercriminals. The scam involved advanced AI technology mimicking the voice of a foreign leader, complete with realistic tone and conversational nuances, to request a

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