KUALA LUMPUR (May 5): CIMB Bank Bhd and CIMB Islamic Bank Bhd will increase their respective standardised base rates, base rates and fixed deposit/fixed return income Account-i board rates&nbsp;by 25 basis points effective from May 9.

In a statement on Friday (May 5), the banking group said&nbsp;the increase is in line with the increase in the overnight policy rate by 25 basis points by Bank Negara Malaysia to 3% on Wednesday.

Similarly, all financing facilities based on the base lending rate and base financing rate will be increased by 0.25%.

<h1>CIMB to raise base rates by 0.25% from May 9</h1>KUALA LUMPUR (May 5): CIMB Bank Bhd and CIMB Islamic Bank Bhd will increase their respective standardised base rates, base rates and fixed deposit/fixed return income Account-i board rates&nbsp;by 25 basis points effective from May 9.In a statement on Friday (May 5), the banking group said&nbsp;the increase is in line with the increase in the overnight policy rate by 25 basis points by Bank Negara Malaysia to 3% on Wednesday.Similarly, all financing facilities based on the base lending rate and base financing rate will be increased by 0.25%.

Banks / Credit unions

CIMB to raise base rates by 0.25% from May 9

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The grand finale of Malaysia's first and largest official padel tournament recently concluded at ASCARO Padel & Social Club. The Volvo Padel Open represented a significant milestone in the rapid growth of this exhilarating sport in the country.

Malaysia’s Largest Padel Tournament Concludes with Grand Finale at ASCARO: Volvo Padel Open Breaks New Ground

Tanabe Consulting Co., Ltd., a leading management consulting firm in Japan (Head office: Chiyoda-ku, Tokyo, and Yodogawa-ku, Osaka; President: Takahiko Wakamatsu, hereafter Tanabe Consulting), announces the results of the "Corporate Survey on Overseas Businesses." This survey was conducted among corporate managers, executives, senior management, and those in charge of corporate planning departments throughout Japan. The survey results are as follows.

High Interest in Overseas Expansion: Approximately 80% of Japanese companies responded positively that they are either currently developing overseas business or would like to do so in the future. This indicates a strong interest in ongoing or future overseas business development.

Popular Regions for Expansion: ASEAN accounted for the largest number of countries and regions where Japanese companies are considering or expanding their overseas operations, making up approximately half of the total. About 40% of respondents cited "market growth potential and future prospects" as the reason for selecting a particular country or region for expansion.

Positive Business Outlook: About half of the Japanese companies expect their overseas businesses to see "increased sales and profits" over the next three years. Specifically, 49.4% of companies anticipate increased sales and profits, while only 3.1% foresee a decrease. This suggests that overseas business is currently the mainstay of growth for Japanese companies.

Importance of Market Potential: More than 40% of the respondents place importance on "market growth potential and future prospects" when entering or expanding their overseas business. The most common reason for selecting countries and regions for expansion was "market growth potential/future prospects" at 41.8%, highlighting the importance of promising markets in decision-making.

These findings highlight the growing focus and optimism of Japanese companies regarding international markets, particularly in the ASEAN region, and their expectations of positive business outcomes in the near future.

Insights from Tanabe Consulting's expert consultants

About half of the companies engaged in overseas business anticipate "revenue and profit growth" over the next three years and have prioritized the development of new markets. However, securing and training global and specialized human resources, essential for business promotion, remains a significant challenge regardless of industry or company size.

According to the Bank of Japan's “Short-Term Economic Survey of Enterprises in Japan” released in December 2023, approximately 70% of all Japanese companies reported a "not so good" outlook. In contrast, about half of the companies in our survey view their overseas business prospects as favorable over the next three years, with only 3.1% expecting a decline in sales and profits. This indicates that overseas business can be a catalyst for further growth in Japanese companies.

Strategy &amp; Domain Consulting Division and Global Consulting　 Koichi Murakami

Strategy Research Institute Segment &amp; Region Marketing Chief Tang Tang Huang (Creation Support)

The survey received 203 responses from corporate managers, executives, senior management, and individuals responsible for corporate planning departments across Japan. Conducted between January 15, 2024, and February 2, 2024, the study encompassed participants from all over Japan, including those based in overseas offices.

Services offered by Tanabe Consulting

With a population of approximately 130 million people, Japan is a safe, cutting-edge Asian country that offers a very attractive business environment. On the other hand, for foreign companies looking to enter the Japanese market, Japan is an unknown market, with unique business customs and business practices. In order to smoothly launch a business in Japan and penetrate the Japanese market, it is important to build an entry and market expansion strategy based on a clear understanding of the market size and future potential of your product, the competitive landscape and differentiation from competitors, and your supply chain model.

Tanabe Consulting is a pioneer in management consulting in Japan, with over 65 years of history and experience. Tanabe Consulting, with its thorough knowledge of the Japanese business environment, provides total support for expansion and development in the Japanese market.

Tanabe Consulting, which operates in 10 regions throughout Japan, can provide highly accurate market research and information through consultants who are familiar with the relevant areas.

After market analysis, we will prioritize your expansion into the Japanese market based on your goals and your company's strengths and core competencies. We determine the direction of entry, create a roadmap, and provide support for the materialization of your strategy.

（３）	Marketing Implementation Support

Based on market analysis and entry strategies, we support your business in Japan by identifying potential partners and implementing effective website development and marketing initiatives in Japan, drawing on over 65 years of nationwide management consulting experience and network.

Based on our contacts and networks with companies throughout Japan, cultivated through more than 65 years of management consulting, we support capital alliances with companies that are suitable for gaining a position in the Japanese market.

About Tanabe Consulting Group (TCG)

Founded in 1957, TCG is a leading management consulting firm in Japan with over 65 years of history and achievements.  Based on the management philosophy of “we love companies walk together with companies and work for company prosperity,” aiming to create values for the future society.

TCG primarily serves top management (executives and leaders) of large and medium-sized companies, as well as government and public organizations, having supported more than 17,000 companies since its founding. In the area of management consulting, TCG has developed a comprehensive consulting model that provides support for corporate management from strategy formulation (upstream) to the implementation and execution of management operations, such as DX in the field (midstream to downstream), with close ties to local communities throughout Japan.

Adhering to a client-centered philosophy of “All for Client Success,” TCG offers “team consulting,” where multiple professional consultants are selected to form a team tailored to address the specific management challenges of each company.

Survey report

Foreign companies

•	ASEAN is the most targeted region for expansion; nearly half expect "increased revenue and profit" in overseas business over the next three years
•	Results of the "corporate survey on overseas business by Japanese companies" released

Tanabe Consulting Reveals: Approximately 80% of Japanese Companies Expanding or Intending to Expand Overseas Operations

Selangor, Malaysia, April 15, 2024 – PT. OCHABAWEZ DINAMIKA PERSADA (ODP), a leading IT solutions provider in Indonesia, and INSPUR SOFTWARE TECHNOLOGY CO., LTD, an IT conglomerate from China, are proud to announce the signing of a strategic Memorandum of Understanding (MOU) to propel Indonesia's digital transformation. This partnership aims to enhance the nation's IT landscape by combining ODP's expertise in system integration, e-government, and cybersecurity with INSPUR's innovative cloud computing, big data, and AI solutions.

Under this comprehensive agreement, both companies will explore collaborative research and development initiatives, share market insights, and develop cutting-edge business models to support Indonesia's growing digital infrastructure needs. The strategic alliance will focus on joint projects to bolster cybersecurity frameworks, develop digital infrastructure, and ensure that Indonesia remains at the forefront of technological advancements.

Joint Development Both parties will collaborate to research new business projects and share vital information and procedures to unlock the potential of these initiatives.

Market Research and Analysis ODP and INSPUR will conduct market research to understand the digital infrastructure requirements of Indonesia's private and governmental sectors.

Technical and Economic Feasibility The partnership will identify and assess the technical and economic feasibility of potential IT services, business models, and operational strategies to ensure tailored solutions for Indonesia's unique market.

Strategic Support INSPUR will provide ODP with essential technical advice, market planning, and resources to optimize the latter's strategic and sales operations.

Confidentiality and Compliance Both parties will maintain strict confidentiality of shared information and ensure compliance with international and national laws, including anti-corruption and export control.

Edi Prabowo, Director of ODP, stated, "This collaboration with INSPUR aligns perfectly with our vision to advance Indonesia's digital infrastructure. By joining forces, we will bring innovative solutions that will transform the IT landscape of our nation."

INSPUR CEO Zhang Feng emphasized, "Partnering with ODP allows us to extend our expertise into Southeast Asia and participate in the digital transformation initiatives shaping Indonesia."

This alliance promises to redefine IT services across Indonesia, empowering businesses and governments alike through secure, scalable, and innovative digital infrastructure.

For more information about this partnership and future initiatives, please visit <a href="https://veroeco.ai/">https://veroeco.ai/</a> and <a href="https://www.inspur.com/">https://www.inspur.com/</a>.

Listed companies

Government offices / organizations

SMEs

Hardware / Electronics / Peripherals

In a strategic move to drive innovation and deliver enhanced value to the people in Indonesia, PT. OCHABAWEZ DINAMIKA PERSADA (ODP), a leader in National IT Solutions & Ecosystem Builder, and INSPUR SOFTWARE TECHNOLOGY CO., LTD, renowned for its leading data center and cloud computing solutions provider, have announced a new business partnership. This collaboration aims to jointly explore business projects, conduct market research, and establish innovative business models to enhance the country's digital infrastructure.

ODP and INSPUR Forge Strategic Partnership to Enhance IT and Digital Infrastructure in Indonesia

Amidst the dynamic backdrop of Star of the Sea at Keppel Bay, Simplyfi™ proudly unveiled <a href="http://simplyfi.co/">simplyfi.co</a>, marking a major milestone in the company's history. Previously operating under <a href="http://simplyfi.sg/">simplyfi.sg</a>, the new domain marks a strategic enhancement designed to amplify our services across the entire ASEAN region. The event, attended by a select group of friends, partners, and investors, not only showcased the platform's capabilities but also symbolized our official commitment to empowering small and medium-sized enterprises (SMEs) throughout Southeast Asia.

Simplyfi™: Your Financial Journey, We G.A.O.D.I.M for You!

Simplyfi™ is dedicated to guiding SMEs through their financial journeys with our innovative G.A.O.D.I.M framework, specifically tailored for the ASEAN market. This strategy encapsulates the resilience and spirit of ASEAN entrepreneurs and provides a structured approach to overcoming regional business challenges:

Gather: Collect essential data to understand your business landscape thoroughly. Analyze: Derive actionable insights to inform strategic decisions. Obstacles &amp; Objectives: Identify challenges and set achievable goals. Develop: Create custom strategies and solutions. Implement: Execute these solutions within your operations effectively. Monitor: Provide ongoing support to ensure continuous optimization and success.

In a region ripe with growth potential, <a href="http://simplyfi.co/">simplyfi.co</a> emerges at a pivotal moment. Headquartered in Singapore, the financial epicenter of Southeast Asia, the platform offers an extensive suite of services tailored for SMEs. From advanced R&amp;D consultancy and specialized business advisory to transformative digital solutions and strategic regional branding, <a href="http://simplyfi.co/">simplyfi.co</a> is designed to navigate and simplify the complexities of regional and global expansion. Our goal is to foster significant growth and success for SMEs throughout ASEAN.

Celebrating New Beginnings and Strategic Partnerships

The launch event also celebrated the formation of Simplyfi's new Malaysia subsidiary and the announcement of a strategic partnership with Digital Centre Indonesia, a prominent digital transformation agency. This collaboration underscores our theme for the evening, "Empowering Our Asia through Digital Finance and Digital Transformation." Together with leaders from across Asia, we are united in our mission to craft a brighter, more innovative future for ASEAN businesses.

Simplyfi™ Hub: Empowering ASEAN Businesses Through Four Key Spokes

In tandem with the launch, Simplyfi™ is excited to announce the development of Simplyfi™ Hub. Simplyfi™ Hub is structured around four core spokes—Ask, Learn, Match, and Solutions—each designed to address distinct aspects of business scaling and development in the ASEAN region. This year, we are excited to introduce early-access to two innovative modules under the Solutions spoke:

Simplyfi™ Forecast: Provides businesses with advanced tools for financial forecasting, helping them plan their financial future with greater accuracy and confidence.

Simplyfi™ Financing: Connects businesses with a range of financing options tailored to their specific needs, facilitating smoother access to capital for growth and expansion.

These solutions are part of a comprehensive suite designed to tackle the unique financing challenges faced by businesses in ASEAN. Simplyfi™ Hub aims to transform the financial management landscape by providing targeted, efficient, and scalable tools that enable businesses to thrive in a competitive market. The waitlist is now open! Secure your spot soon to take advantage of these innovative solutions.

Startups

Cloud service

Simplyfi™ proudly announces the launch of www.simplyfi.co, marking a strategic shift to enhance our outreach across the ASEAN region. Based in Singapore, the epicenter of regional finance, Simplyfi.co focuses on streamlining business financial health checks through our proprietary drag-and-drop financial forecasting tool, Simplyfi™ Forecast. With clear financial control provided by Simplyfi™ Forecast, we empower ambitious companies to develop their Exit plans and match them with financiers, facilitating regional growth and expansion.

Simplyfi™ Launches New Platform www.simplyfi.co, Expanding Its Reach to Empower ASEAN SMEs

Kuala Lumpur, 6 May 2024 – <a href="https://www.vritimes.com/id">VRITIMES</a>, a pioneering media technology startup based in Tokyo, is thrilled to announce a new strategic partnership with <a href="https://worldsdoor.com/">WorldsDoor.com</a>, a leading online platform known for its expansive coverage of global news and events. This collaboration aims to enhance content distribution and reach a broader audience through synergistic media efforts.

WorldsDoor.com has established itself as a reputable source for comprehensive and insightful global news, making it an ideal partner for VRITIMES. Together, the two companies will leverage their technological and editorial strengths to provide enhanced news delivery and create more value for their respective audiences.

"This partnership with WorldsDoor.com represents a significant step forward in our mission to innovate how news is distributed and consumed," said Ferry, CEO of VRITIMES. "By collaborating with WorldsDoor.com, we are poised to reach more viewers and offer more diverse content that meets the growing demand for reliable and dynamic news media."

The partnership promising to deliver comprehensive and multi-dimensional perspectives to a global audience.

VRITIMES Announces Strategic Media Partnership with WorldsDoor.com

The best way to improve one's own health is through bodywork, both in terms of long-term attendance and relaxation. This time, we are concentrating on how the Seitai affects the connections among training, the Seitai, and muscle rubbing.

Exercise and self-care are two things that can have a big impact on the body. To improve flexibility and release tension in the muscles, a bodywork session can come before an exercise session. Physical therapy is used to realign the bones to their natural positions prior to exercise. The range of motion will be limited, the full effect of exercise won't be felt, and normal movement won't be possible if the muscles are just relaxed but the bones are not in their original positions. This raises the likelihood of being able to work out more while training. Bodywork can also improve the body's balance by treating these. Aligning your bones might help you perform exercises with proper form and lower your risk of injury if you have postural problems, muscle imbalances, or a change in your pelvic position. Sessions of bodywork are soothing and can help release tension and stress. You might be able to train more efficiently if you approach your workout with relaxation.

Moreover, Seitai is more beneficial for health conditions when done after training. After working out, getting bodywork can help reduce tension and weariness in the muscles while accelerating healing. The body will benefit from this as it gets ready for the upcoming workout. It might also increase the effectiveness of your instruction. Seitai may help the body heal more rapidly and efficiently by releasing tension in the muscles and joints. It's critical to maintain relaxed, loose muscles.

There are many health advantages to receiving bodywork, and KAMI's methods won't disappoint.

Bodywork, particularly Seitai, can significantly improve one's health by enhancing flexibility, releasing muscle tension, and promoting balance. It can be done before and after exercise, reducing muscle tension and weariness, and accelerating healing. This can help the body prepare for upcoming workouts and enhance the effectiveness of instruction. It is crucial to maintain relaxed, loose muscles to ensure optimal performance. KAMI's methods offer numerous health advantages, including improved flexibility, reduced range of motion, and increased effectiveness in training. Overall, bodywork is a valuable tool for overall health.