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News

Gamuda JV Wins RM1.8 Billion Road Upgrade Contract In Western Sydney

Gamuda Bhd and Australian construction group BMD Constructions Pty Ltd have secured a A$624 million (approximately RM1.8 billion) contract to upgrade two major roads in Western Sydney, strengthening the Malaysian construction group’s presence in Australia’s infrastructure market. In a bourse filing on Monday, Gamuda said Transport for New South Wales had awarded the Elizabeth Drive Upgrade-Mamre Road Upgrade Stage 2 project to the Gamuda-BMD Joint Venture (GBJV), which is equally owned by both companies. Under the agreement, Gamuda’s 50% share of the contract is worth A$312 million, equivalent to approximately RM908 million in potential revenue. The project commenced on Monday and is scheduled for completion in 2030. It involves the design and construction of civil and structural works to upgrade existing sections of Elizabeth Drive and Mamre Road in Kemps Creek, Western Sydney. The construction scope covers approximately 4.5 kilometres of Elizabeth Drive and three kilometres of Mamre Road. The works will also include supporting civil and structural infrastructure, as well as the relocation of utilities required to facilitate the road upgrades. The improvements are intended to support transport infrastructure in Western Sydney, where continued development has increased the need for road capacity and connectivity. The contract forms part of a wider infrastructure programme valued at approximately A$2 billion, jointly funded by the Australian Government and the New South Wales Government. For Gamuda, the latest award adds to its growing portfolio of infrastructure projects in Australia, a market where the group has been expanding its construction and engineering capabilities. Gamuda said the contract would further strengthen its position in Australia’s road infrastructure sector and demonstrate the joint venture’s ability to deliver major transport projects. “The award represents a significant achievement for the joint venture and demonstrates Transport for New South Wales’ confidence in GBJV’s project-delivery capabilities,” the company said in its filing. “This project is significant for GE Australia and will further deepen design and construction capability in Australia’s road sector,” it added. The latest contract follows several major project developments for Gamuda’s Australian operations in recent weeks. Earlier in October, the group completed and handed over its first road transport project in Australia, the A$1.03 billion (approximately RM3.03 billion) M1 Pacific Motorway extension between Black Hill and Tomago. The motorway extension was delivered ahead of schedule, marking a milestone for Gamuda as it continues to establish its track record in the Australian transport infrastructure market. The group also secured the A$880 million (approximately RM2.54 billion) Sydney Metro West-Parramatta Integrated Station Development project earlier this month. Gamuda holds an 80% effective participation in the project. The development involves the design and construction of the future Parramatta metro station and associated infrastructure. It will be the sixth station along the Sydney Metro West alignment to be delivered by Gamuda’s Australian operations. These projects reflect the group’s broader strategy of expanding its international construction portfolio through major transport and infrastructure developments. By securing projects across roads and urban rail networks, Gamuda is building its exposure to Australia’s infrastructure investment programme while strengthening its engineering, design and project delivery capabilities. The latest road upgrade contract is also expected to contribute to the group’s financial performance over the duration of the project. For the third quarter ended April 30, 2026, Gamuda reported a 4.5% increase in net profit to RM257.98 million, compared with RM246.84 million in the corresponding period a year earlier. Revenue rose 43.6% to RM4.44 billion from RM3.09 billion over the same period, reflecting stronger business activity. Gamuda said the newly awarded contract was expected to contribute positively to the group’s revenue and earnings as construction progresses. The long-term nature of the project, which is scheduled to run until 2030, will also add to the group’s order book and provide further visibility for its Australian construction operations. Gamuda’s growing project portfolio comes as governments continue to invest in transport infrastructure to support population growth, improve connectivity and accommodate expanding urban areas. In Western Sydney, upgrades to key roads are expected to support transport movements and improve access across developing communities and commercial areas. The award further positions Gamuda and BMD to participate in Australia’s infrastructure development, while giving the Malaysian group another opportunity to demonstrate its capabilities in delivering large-scale civil engineering projects. At noon on Monday, Gamuda shares rose eight sen, or 1.7%, to RM4.86, valuing the group at approximately RM29.4 billion.

Energy & Technology

Razorpay Curlec Introduces DuitNow Pay For Online Payments

Malaysian businesses can now offer DuitNow Pay through Razorpay Curlec’s online checkout platform, providing customers with a simpler and more convenient way to complete online transactions. The Bank Negara Malaysia-licensed payment gateway is among the first few participants in Payments Network Malaysia’s (PayNet) network to introduce the service to local businesses, supporting efforts to improve Malaysia’s digital payment ecosystem. DuitNow Pay brings participating banks and e-wallets together under a single checkout option, allowing customers to choose their preferred payment method without having to navigate multiple payment options. Through the service, customers can search for their preferred bank or e-wallet and authorise payments directly through their financial institution’s platform or mobile application. Once the transaction is completed, customers are redirected to the merchant’s website without needing to enter their card details during checkout. The simplified process is designed to reduce unnecessary steps, improve payment convenience and provide a smoother online shopping experience for consumers. For businesses, the integration offers an additional payment solution that can help streamline transactions and potentially reduce checkout abandonment, particularly as more Malaysians turn to digital payment methods for everyday purchases. Razorpay Curlec said the integration also positions its merchants to benefit from future enhancements introduced by PayNet without requiring major changes to their existing payment systems. Among the planned features are saved payments and recurring payment capabilities, which would allow customers to manage subscriptions, instalment payments and scheduled bills more conveniently. These additional services are expected to become available to Razorpay Curlec merchants through their existing integration once PayNet officially introduces the features. Kevin Lee, Country Head and Chief Executive Officer of Razorpay Curlec, said the payment experience has become an increasingly important factor in helping businesses attract and retain customers. “Payments have become a competitive advantage, not just the last step of a transaction. Every unnecessary click at checkout is an opportunity lost with a customer,” he said. Lee explained that DuitNow Pay aims to remove unnecessary steps in the checkout process while allowing businesses to benefit from new payment capabilities as they become available. “DuitNow Pay removes that friction, and because we have built directly on PayNet’s payment infrastructure rather than around it, our merchants will be able to pick up new capabilities as PayNet brings them to market, with zero extra work,” he added. Meanwhile, PayNet Chief Executive Officer Praveen Rajan said the collaboration demonstrates how Malaysia’s shared national payment infrastructure can support innovation and improve payment experiences for both merchants and consumers. “Razorpay Curlec’s integration with DuitNow Pay demonstrates how participants can build on shared national infrastructure to deliver better payment experiences for businesses and consumers, allowing innovation to scale across the ecosystem,” he said. Rajan added that improving the online checkout experience could create more opportunities for digital commerce while maintaining the security standards expected by Malaysian consumers. “By improving the online checkout journey, DuitNow Pay helps unlock new digital commerce use cases while maintaining the security and trust Malaysians expect from their financial institutions,” he said. The introduction of DuitNow Pay comes as Malaysia continues to experience strong growth in digital payment adoption, supported by increasing consumer preference for cashless transactions and the expansion of online commerce. According to PayNet, its network processed 8.44 billion transactions in 2025, while non-bank transactions recorded a 71.7% increase compared with the previous year. Bank Negara Malaysia also reported that electronic payment transactions reached 18.4 billion in 2025, representing a 25% increase from 2024. The figures highlight the growing importance of digital payment infrastructure in supporting Malaysia’s increasingly cashless economy. As businesses continue to expand their online presence, payment providers are focusing on solutions that offer greater convenience, security and flexibility for consumers. For Razorpay Curlec, the DuitNow Pay integration strengthens its payment offerings for Malaysian merchants while supporting wider adoption of digital transactions. The collaboration with PayNet also reflects ongoing efforts to create a more connected payment ecosystem, where businesses can access multiple payment methods through a simplified checkout experience. With additional features such as recurring payments and saved payment options planned for future implementation, DuitNow Pay is expected to provide businesses with more ways to manage customer transactions. The latest development marks another step towards improving online payment accessibility in Malaysia, helping merchants offer a more seamless checkout experience while supporting the country’s continued growth in digital commerce.

Investment & Market Trends

dtcpay Raises US$25 Million To Grow Stablecoin Payment Services

Singapore-based payment technology company dtcpay has raised US$25 million in a Series A funding round led by Japan’s SBI Group, as it looks to expand its stablecoin payment services and strengthen its merchant network. The funding will support the company’s next phase of growth, including the development of new payment solutions, improvements to its digital infrastructure and expansion of its services for businesses and consumers throughout 2026. SBI Group participated in the investment through SBI Ventures Asset Pte Ltd and the SBI-NTU-Kyobo Digital Innovation Fund. The funding round also attracted participation from Genedant Capital and existing investor Kwee Liong Tek. The company did not disclose its valuation following the funding round or the equity stake acquired by SBI Group. Founded by Alice Liu and Band Zhao, dtcpay provides payment infrastructure that enables businesses and individuals to accept, store and transact using stablecoins and traditional fiat currencies. Stablecoins are digital currencies designed to maintain a relatively stable value, usually by being linked to conventional assets such as the US dollar. Their growing use in financial transactions has created opportunities for payment providers seeking to connect digital assets with traditional financial systems. dtcpay has positioned itself in this market by developing solutions that allow merchants and consumers to use stablecoins for everyday transactions while maintaining access to conventional currencies. Its platform includes a real-time currency swap engine that supports transactions between stablecoins and fiat currencies, helping users manage different payment methods through a connected system. With the latest investment, the company plans to strengthen its technology capabilities and introduce additional services to meet the needs of businesses adopting digital currency payments. Among its priorities is the launch of a revamped business portal designed for enterprise customers, alongside improvements to its consumer application. The company also intends to expand its merchant network, allowing more businesses to accept stablecoin payments through its infrastructure. The expansion comes as digital payment providers increasingly explore ways to make stablecoins more practical for commercial transactions, particularly in areas such as cross-border payments and merchant settlements. Headquartered in Singapore, dtcpay operates as a regulated payment services provider. It holds a Major Payment Institution licence from the Monetary Authority of Singapore and an Electronic Money Institution licence in Luxembourg, supporting its ability to offer payment services in regulated markets. The company has also developed several partnerships and products aimed at encouraging wider adoption of stablecoin transactions. Its point-of-sale solution enables merchants to accept payments in stablecoins, while an integration with WalletConnect provides compatibility with more than 700 digital wallets. In addition, dtcpay has partnered with Visa on a stablecoin-to-fiat payment card that allows users to spend at more than 150 million merchant locations worldwide. The company has also made progress in Singapore’s retail market, with department store Metro becoming the first department store in the country to accept stablecoin payments through dtcpay. These developments reflect dtcpay’s efforts to move stablecoin payments beyond digital asset platforms and into mainstream commercial activities. As businesses seek more flexible payment options, the company aims to provide infrastructure that connects digital currencies with established financial networks, allowing merchants to offer additional payment methods without relying entirely on conventional banking transactions. The participation of SBI Group, a Japanese financial services company with investments in digital assets and blockchain technology, also brings an established financial industry investor into dtcpay’s next stage of development. The latest funding is expected to help dtcpay strengthen its position in the evolving digital payments industry, where competition is increasing as financial institutions and technology companies explore the commercial potential of stablecoins. Looking ahead, dtcpay plans to focus on expanding its merchant network, improving its enterprise payment solutions and enhancing the user experience across its platforms. Through continued investment in technology and partnerships, the company aims to make stablecoin transactions more accessible to businesses and consumers while supporting broader adoption of digital payment services across regional and international markets.

Investment & Market Trends

Affin Bank Gets US$400 Million From IFC To Support MSMEs

Affin Bank has secured a US$400 million (approximately RM1.7 billion) long-term financing package from the International Finance Corporation (IFC) to expand financial support for micro, small and medium enterprises (MSMEs) across Malaysia. The partnership aims to improve access to financing for businesses seeking to expand their operations, invest in new opportunities and strengthen their long-term growth. Particular attention will be given to women-owned enterprises and businesses operating in underserved regions, including Sabah and Sarawak, where access to funding can be more challenging. Under the agreement, Affin Bank will channel the financing to eligible MSMEs, helping businesses obtain the capital needed to support daily operations, business expansion and future investments. The initiative is expected to contribute to Malaysia’s economic development by supporting entrepreneurship, encouraging business growth and creating more employment opportunities. IFC estimates that the partnership could help generate at least 42,000 jobs across Malaysia over the next five years, while improving financial access for businesses outside major urban centres. Allen Forlemu, IFC Regional Industry Director for the Financial Institutions Group in Asia Pacific, highlighted the importance of providing greater financial opportunities to underserved communities. “We estimate that this partnership could create at least 42,000 jobs across Malaysia over the next five years, while expanding access to finance for women entrepreneurs and enterprises operating outside major urban centers, especially the ones where the financing gaps are wider,” he said. Forlemu also welcomed the collaboration with Affin Bank, recognising its commitment to supporting Malaysian MSMEs and promoting greater financial inclusion. “We welcome working with a partner of AFFIN BANK’s focus, experience, and expertise and appreciate their visionary leadership in supporting the growth of Malaysian MSMEs, including those owned by women, and uplifting underserved communities in places like Sarawak and Sabah,” he added. Meanwhile, Affin Group President and Group Chief Executive Officer Datuk Wan Razly Abdullah said the partnership would strengthen the bank’s ability to provide financing solutions to businesses with strong growth potential. “Through this collaboration with IFC, we are expanding our ability to support businesses that have the potential to grow, particularly women-owned enterprises and businesses in regions where access to financing remains more limited,” he said. Wan Razly emphasised that access to capital plays an important role in helping smaller businesses become more competitive and contribute to the country’s economic progress. “We believe greater access to capital is essential to advancing socio-economic development, strengthening local economies and creating opportunities for more Malaysians to participate in the nation’s growth,” he added. Beyond providing financing, the collaboration will also give Affin Bank greater access to international capital markets, IFC’s global investor network and its expertise in development finance. These resources are expected to support the bank’s efforts to strengthen its MSME financing capabilities and broaden its reach to businesses that may face difficulties obtaining traditional financing. Affin Bank has been expanding its SME banking business through financial products and services designed for startups, women entrepreneurs and growing companies. The latest financing package builds on these efforts by providing additional resources to support businesses at different stages of development. MSMEs play an important role in Malaysia’s economy, contributing to employment, business activity and economic development across various industries. However, access to suitable financing remains a challenge for some smaller enterprises, particularly those with limited financial resources or operating outside established commercial centres. By improving access to funding, the Affin Bank-IFC partnership seeks to help more businesses invest in equipment, increase production capacity, improve operations and explore new markets. The focus on women-owned businesses also reflects a broader effort to encourage inclusive economic participation and provide entrepreneurs with more opportunities to develop sustainable businesses. For businesses in Sabah, Sarawak and other underserved areas, greater financing availability could help address existing funding gaps and support local economic activity. The US$400 million financing package represents a significant step in Affin Bank’s efforts to strengthen its MSME banking portfolio while supporting Malaysia’s wider financial inclusion and economic growth objectives. Through the partnership, Affin Bank and IFC aim to help more Malaysian businesses access the financial resources needed to grow, create jobs and contribute to the country’s long-term economic development.

ESG

A Good Recipe Is Only The Beginning

A food entrepreneur may know exactly how a dish should taste. Turning that recipe into a packaged product that can be produced consistently, stored safely and sold commercially requires a different set of capabilities. The distance between a successful kitchen trial and a market-ready meal can be considerable.  Founder & GM of Ezypak Sdn Bhd – KH Lee. Ezypak Sdn Bhd has built its business around helping food companies navigate that transition. The Malaysian provider combines retort pouches with technical support, product development, food safety guidance and commercialisation services, focusing on SMEs and manufacturers entering the ready-to-eat market.  Its proposition addresses a practical problem: entrepreneurs often have the product idea but lack the knowledge or support needed to develop a safe, shelf-stable offering. Packaging is one part of that process. Understanding how the product, production requirements and packaging work together is equally important.  Ezypak positions itself as a partner across those stages, helping customers move from an initial concept towards commercial readiness with greater confidence.    Bringing the Pieces Together  The company identified an early gap in the fragmented support available to food businesses. Customers had to coordinate with multiple suppliers, often without a single point of technical guidance.  That created an opportunity to bring packaging and related expertise into a more connected service. Ezypak’s approach combines consultation, technical advice, training and continuing support, giving customers access to assistance as their requirements develop.  The relationship is intended to continue as customers move into production and seek to expand. Questions about quality, efficiency and product development do not end with the first packaging order.  This understanding shapes Ezypak’s ambition to build a complete ready-to-eat ecosystem. Its role is to connect the products, knowledge and commercial support that food businesses need at different stages of growth.  For smaller operators, that continuity can be particularly valuable. Access to guidance helps them identify gaps in their capabilities and approach product development with a clearer understanding of what commercial production requires.    Making Quality Repeatable  As Ezypak expands, maintaining consistency has become a greater organisational challenge. Supporting more customers requires dependable processes and a team capable of delivering advice and service without relying excessively on one individual.  The company has responded by strengthening its systems, clarifying procedures and developing leadership responsibilities. Its objective is to build an organisation in which quality can be maintained as activity increases.  Investment decisions follow a similar principle. Products, people, systems and customer support receive attention according to their potential to create lasting customer value and strengthen the business.  Ezypak also sets a clear commercial boundary: it does not intend to compete primarily on the lowest price. Its emphasis is on quality, support and the longer-term results customers can achieve.  That approach makes customer progress central to its definition of growth. Higher sales matter, but so do stronger partnerships, improved food safety practices and systems that allow both supplier and customer to operate more effectively.    Building Regional Reach  Over the past year, Ezypak says it has invested in quality systems, food safety standards and customer education. These efforts reflect its view that responsible growth includes helping businesses reduce mistakes and improve efficiency.  The focus is operational: equipping customers to make better decisions and develop more dependable production practices.  Its next ambition is regional. Ezypak aims to become Southeast Asia’s leading ready-to-eat ecosystem platform, supported by further investment in digital systems, talent, partnerships and innovation.  Achieving that position will require the company to make its support model accessible and consistent across a wider customer base. The systems being developed internally will therefore be as important as the products it supplies.  The opportunity rests on a familiar entrepreneurial challenge: having something worth selling before possessing all the capabilities required to sell it successfully. Ezypak’s business is to help close that gap, giving food companies the packaging, guidance and organisational support to take their recipes into the market.   

ESG

What It Takes to Get A Product Shelf-Ready

A product can be carefully formulated, competitively priced and supported by strong branding, yet still face difficulties getting to market if its packaging falls short. Materials, structure, printing and production schedules all influence whether it arrives protected, looks right and is ready when customers need it.  Dan Qing Pack (M) Sdn. Bhd. works at that intersection of manufacturing and commercial readiness. The Malaysian flexible packaging solutions provider combines local customer support with its own manufacturing facilities and a global supply network, serving businesses across Malaysia and Southeast Asia.  Its customers span food, beverages, health supplements, personal care, pet food and consumer goods. Across these categories, packaging must fulfil several responsibilities simultaneously: protect the contents, communicate the brand and perform consistently through production, distribution and use.  For Dan Qing Pack, the opportunity lies in helping customers manage those competing requirements from the outset.    Getting the Structure Right  The company’s capabilities cover packaging consultation, structural design, gravure printing, lamination, converting and final delivery. Connecting these stages allows decisions made during development to carry through into production.  That matters particularly for smaller businesses, which may have a clear product idea but need technical guidance on materials, packaging formats and manufacturing requirements.  Dan Qing Pack identifies this need as an early gap in the market. Customers wanted a partner that could provide expertise, flexibility and consistent quality alongside production capacity.  Its approach involves working with customers from concept development, recommending suitable materials and refining packaging structures to support product protection and manufacturing efficiency. The objective is to reduce unnecessary costs while helping brands bring products to market with greater confidence.  As customer expectations have evolved, the brief has become more demanding. Shorter lead times, greater customisation and environmental considerations now sit alongside quality and presentation.  Meeting those expectations requires coordination between customer-facing teams and manufacturing operations. Dan Qing Pack regards the integration of its Malaysian operations with its manufacturing network as a central strength, combining responsive service with technical and production capabilities.    Standards That Support Confidence  The company states that its manufacturing facilities hold HALAL certification, BRCGS Global Standard for Packaging Materials certification at Grade A, and ISO 9001:2015 certification.  These credentials support its emphasis on quality management and packaging safety, particularly when serving customers whose products carry specific handling and compliance requirements.  Maintaining consistency becomes more complex as the business expands across customers and markets. Dan Qing Pack has responded by strengthening governance, standardising processes and giving teams clearer responsibilities and accountability.  Investment priorities include advanced manufacturing technology, automation, digitalisation and process improvement. Developing employees receives similar attention, reflecting the need for people who can manage both technical requirements and customer relationships.  The company also sets boundaries around expansion. It says it would decline projects that compromise quality or service standards, placing established customer trust ahead of additional volume.    A Regional Ambition  Dan Qing Pack’s next objective is to become one of Southeast Asia’s most trusted packaging solutions partners. Achieving that will require closer collaboration across its supply and manufacturing network, alongside continued investment in technology and talent.  Environmental responsibility forms part of that development. Over the past 12 to 18 months, the company says it has worked to improve production efficiency, reduce material waste and optimise resource use. It also advises customers on balancing packaging performance, product protection and environmental considerations.  Its emphasis is on cumulative operational improvements rather than a single initiative.  For the brands it serves, the value of these efforts ultimately appears in a finished product that is protected, presented effectively and delivered on schedule. Dan Qing Pack’s regional ambitions rest on making that outcome dependable, from the first design discussion to the final delivery.   

Lifestyle

The Recipe Is Traditional. The Business Is Changing.

The promise of a good spice mix is deceptively simple: open a packet, shorten the preparation and still produce a meal that tastes familiar. Delivering that promise repeatedly, across thousands of packs and different kitchens, is a more demanding manufacturing task.  For one Malaysian curry powder manufacturer, the business rests on translating three generations of family recipes into products suited to contemporary routines. Its range covers retail spice packs, bulk blends for commercial kitchens and food manufacturers, and custom formulations for individual brands.  Managing Director of AKS Nivaas Sdn Bhd – Datuk Muralidaran Ragunathan. The customer base stretches from home cooks to restaurants, caterers, hotels and industrial food producers. Each buys convenience, but their expectations extend to flavour, ingredient transparency and confidence that the next batch will perform like the last.  The company’s proposition is rooted in traditional cooking. Alongside curry powders, it produces mixes for familiar foods such as thosai, vadai, idli and briyani, seeking to make inherited recipes accessible to younger generations.  Convenience, in this context, serves a cultural purpose. Reducing preparation makes it easier for households to continue cooking dishes that might otherwise feel too time-consuming for an ordinary weekday.    Consistency Is the Hard Part  The company initially identified demand for authentic flavours without the work of pounding and measuring multiple spices. It now sees ingredient traceability, clear labelling and quality control becoming increasingly important to customer trust.  Those expectations become harder to meet as output rises. The manufacturer describes the difference between producing 500 packs a week and 10,000: incoming chilli, turmeric and coriander vary, while customers expect the finished blend to remain familiar.  Its response includes strict raw-material grading, checks on incoming ingredient lots and standardised blending procedures. Much of that work remains invisible to the consumer, whose judgement begins when the packet is opened.  Maintaining those standards also has a financial dimension. The company reports ingredient and packaging cost increases of between 20% and 30%, placing pressure on production economics.  Its investment decisions therefore begin with profitability per pack. Opportunities must draw on established strengths in recipes, consistency and customer confidence while contributing to the business’s longer-term position.  That means declining some sales. Management does not intend to compete on the lowest price or accept wholesale volume indiscriminately. Larger orders can require substantial raw-material purchases while retailer payment terms delay cash collection. More revenue does not necessarily translate into stronger finances.    Keeping Growth Manageable  Expansion has also exposed the limits of founder-led decision-making. Production, marketing and sales cannot all depend on one person’s approval without slowing the organisation.  Building a team capable of taking responsibility is therefore part of the scaling challenge, alongside maintaining product quality and managing working capital.  On the factory floor, practical improvements connect employee welfare with resource management. A dust collector installed in the bean-processing section helps control airborne husks, while workers receive protective equipment and process training.  Bean husks also have a second use. The company grinds them into powder and sells the material to farmers as livestock feed, diverting a production by-product into another productive activity.  Its wider approach includes encouraging responsible electricity and water use as production grows.    From Shelf Presence to Customer Relationships  The next ambition is to build a more direct relationship with Malaysian households, supported by online sales, social media and live commerce. Supermarket distribution remains part of the business, but direct channels offer opportunities to understand customers and encourage repeat purchases.  Product development could include a move from powders into pastes, while social platforms are also expected to support international expansion.  These plans bring new demands on margins, fulfilment and customer service. The company recognises that online volume alone is insufficient.  Its strongest asset remains the original promise: familiar food made easier. Turning that promise into a larger business will depend on protecting the recipes while strengthening everything around them, from purchasing and production to the relationship with the cook. 

Energy & Technology

Before AI Can Work, The Business Has To

An approval sits in an inbox. A sales update remains in a spreadsheet. Another department holds the information needed to move a customer’s request forward. For organisations pursuing artificial intelligence, these everyday disconnects present a more immediate challenge: getting the underlying business processes to work together.  Managing Director of Infra Mobile Digital Sdn Bhd (IMD) – Tina Leon. Infra Mobile Digital Sdn Bhd (IMD) has built its proposition around that problem. Established in 2015, the Malaysian property technology and AI digital transformation company helps organisations connect workflows, data and people, creating the operational foundations on which automation and AI can deliver useful results.  Its principal market is property development, where a single customer journey involves numerous departments and handovers. Lead generation, booking, approvals, billing, construction, vacant possession and defect management each produce information that other teams need. When those functions operate separately, delays and duplicated work can accumulate.  IMD’s ProSales platform, commercialised in 2019, was developed to address this fragmentation within the Malaysian property lifecycle. Together with SERO-AI®, its ecosystem supports connected operations, business intelligence and AI-assisted workflows.  The company’s approach starts with examining how work actually happens. Teams identify where information originates, who authorises decisions and where progress stalls. Workflows are then standardised and relevant data connected before automation is introduced.  That sequence reflects a central conviction: AI cannot compensate for unclear responsibilities, unreliable data or employees who lack confidence in a system.    The Work Behind the Software  For IMD, implementation involves close engagement with sales, administration, finance, project and customer care teams, as well as management. Understanding their interdependencies helps determine how a system should be configured and how its results should be assessed.  The work continues after launch through training, customer support and workflow refinement. This ongoing involvement is central to the company’s definition of responsible growth: ensuring that a technology investment remains useful once the initial deployment is complete.  It also explains why workforce readiness has become a strategic priority. Installing technology can happen relatively quickly; changing established habits and improving data discipline require sustained attention.  IMD established its Practical Lab to give employees hands-on experience with operational use cases. The environment allows participants to practise connected workflows and develop capabilities in automation, data and AI, linking learning directly to the tasks they perform.  Internally, the company has strengthened responsibilities across product development, implementation, training and customer success to maintain service quality as it expands.    Making Transformation Repeatable  IMD evaluates investment opportunities against three considerations: whether they address a recurring operational problem, can produce measurable improvement and can be scaled across multiple clients.  That directs resources towards research and development, integration, governance and implementation capability. Priority applications include faster customer responses, workflow automation, connected data and better management visibility.  Its growth ambitions extend to SMEs and other businesses with complex operational requirements. The opportunity is to apply methods developed in property technology to organisations facing similar problems of fragmented information and manual coordination.  Doing so requires IMD to make its own delivery model more repeatable. Sector-specific programmes, consistent implementation standards and stronger impact measurement will be necessary as the company moves from individual projects towards broader adoption of its ecosystem.  The commercial objective includes reliable recurring revenue and stronger Malaysian-developed intellectual property. Client outcomes remain the intended measure of progress: employees using systems effectively, management gaining clearer information and operations becoming more productive.  For IMD, the case for AI begins with a practical question about the working day. Where does a task slow down, and what would help it move? Its next phase rests on answering that question consistently, then giving organisations the systems and skills to act on it.

Lifestyle

Ombak Kitchen Eyes Scale Without Losing The Recipe That Built Its Success

For a restaurant built around getting your hands messy, Ombak Kitchen is remarkably disciplined about the details.  The Malaysian seafood brand has made its name through Pakai Tangan Jer — its hands-on approach to Cajun seafood dining, where crabs, prawns, lobsters and other seafood arrive at the table drenched in proprietary sauces and are meant to be shared without much ceremony.  But behind the informality is a business that has deliberately resisted one of the restaurant industry’s most familiar temptations: expanding faster than its operations can support.  Co-Founder and Group CEO of Ombak Kitchen – Sharita Loo. Operated by Arena International Services Sdn Bhd, Ombak Kitchen opened its first restaurant in Bukit Jelutong in June 2018. It now has four outlets across Bukit Jelutong, Bangsar, IOI City Mall Putrajaya and Setapak, serving premium halal seafood ranging from Alaskan King Crab and lobster to oysters, accompanied by sauces developed in-house using Louisiana-inspired spices and the company’s own blends.  The proposition was relatively straightforward when it entered the market.  At the time, premium seafood dining in Malaysia tended to sit at opposite ends of the spectrum. Consumers could pay fine-dining prices at hotels and upscale restaurants, or travel to traditional seafood restaurants, often outside central urban locations.  Ombak Kitchen saw room between the two.  It wanted to give urban families access to fresh, premium seafood in convenient locations without turning every meal into a major financial occasion. Its blue crab identity became a recognisable marker of that proposition.  Eight years later, however, access is no longer the principal competitive battleground.  The proliferation of dining concepts and seafood operators means consumers have considerably more choice. For Ombak Kitchen, the challenge has consequently shifted from filling a market gap to maintaining something harder to replicate: consistency.  “The genuine search is for a place diners can return to and rely on: same freshness, same flavour, same warmth of service, every single time,” the company says.  That emphasis helps explain its measured expansion.  Ombak Kitchen argues that restaurant growth cannot simply be read through outlet numbers, revenue or customer volumes. Its preferred indicator is whether customers return, celebrate important occasions at its restaurants, recommend the brand and voluntarily become part of its community.  The commercial results, it believes, follow.  This philosophy is connected to the company’s broader purpose of “enriching life and living”, influenced by the principles of Friends to Mankind and its belief that commercial success should ultimately contribute to a wider human good.  There is also a practical business case behind the philosophy.  Ombak Kitchen’s hands-on dining model leaves unusually little room for operational shortcuts. A plated dish can sometimes disguise inconsistencies through presentation. Seafood eaten directly by hand is far less forgiving.  The resistance of a lobster, tenderness of squid, freshness of a tiger prawn and temperature of the food are immediately apparent. So too are inconsistencies in sauces or preparation.  “Every flaw shows. Every compromise is felt, before it is tasted,” the company says.  As a result, much of Ombak Kitchen’s competitive advantage sits out of customers’ sight.  Daily sourcing, kitchen protocols, sauce standardisation across four locations and staff training form the infrastructure behind what is intended to feel like an effortless meal. The company says it sources fresh rather than frozen seafood and, where possible, absorbs cost pressures instead of quietly compromising the experience or its pricing promise.  Service is treated with similar precision. Employees are trained and retrained not simply in serving food but in creating an atmosphere in which diners feel comfortable lingering over a messy meal. Small gestures — including helping crack a crab claw — form part of a service culture that the business considers difficult to reproduce consistently.  That operating discipline will now face a larger test.  Ombak Kitchen plans to open three additional outlets by 2027, including two in the Klang Valley and one in Johor Bahru. But the more consequential change may be taking place behind the scenes.  Its founders are preparing, figuratively and operationally, to “exit the kitchen”.  The next phase involves converting years of founder knowledge and instinct into repeatable systems, workflows and standards, while developing a new generation of leaders capable of running the organisation without constant founder intervention.  It is a familiar transition for founder-led businesses. What works across a handful of locations because the founders remain close to daily operations can become increasingly fragile as the organisation grows. Scaling therefore requires more than replicating outlets; it requires institutionalising the judgement that made the original business successful.  For Ombak Kitchen, that means codifying not only how seafood is sourced and prepared, but also what the brand should feel like.  Its underlying proposition has, after all, become broader than Cajun seafood.  The company believes it is competing for something increasingly scarce among urban Malaysians: uninterrupted time together. In an era of hurried meals and screens at the table, Pakai Tangan Jer is intended to encourage participation. Eating becomes slower, communal and difficult to do absent-mindedly.  A regular weeknight dinner can become a small celebration; birthdays, office milestones and marriage proposals become experiences built around a shared table. In that sense, Ombak Kitchen is selling more than seafood. It is creating a reason for people to reconnect.  That may ultimately be its more defensible proposition.  The next three outlets will increase Ombak Kitchen’s footprint. The harder task will be ensuring that customers do not notice the business has become bigger at all.  For a brand that believes trust is built one consistent meal at a time, preserving the recipe that earned that trust may be the most important ingredient in its next stage of growth.   

News

Sarawak Government Officially Takes Over Bintulu Port

The Sarawak Government has officially taken ownership of Bintulu Port following the completion of its transfer from the Federal Government on 16 September 2026. The handover ceremony was held at the VVIP Terminal of Kuching International Airport and witnessed by Prime Minister Datuk Seri Anwar Ibrahim and Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. Transport Minister Anthony Loke Siew Fook formally handed over the relevant documents to Sarawak Deputy Premier and Minister for Infrastructure and Port Development Datuk Amar Douglas Uggah Embas. The documents included several legal orders and amendments required to complete the transfer of Bintulu Port from federal to state administration. Among them were the Ports (Privatisation) (Amendment to Schedule) Order 2026 and the Bintulu Port Authority (Dissolution) (Vesting Date) Order 2026. The handover also involved the implementation of the Declaration of an Area in the Bintulu District to be a Federal Port (Repeal) Act 2024 and the Bintulu Port Authority (Dissolution) Act 2024. Although the official ceremony took place on 16 September, the transfer had already taken effect on 1 September 2026. With the change, Bintulu Port is now classified as a state port instead of a federal port, placing its administration and management under the Sarawak Government. All assets, rights, interests and obligations previously held by the Bintulu Port Authority have also been transferred to the state government. As part of the restructuring, the former Bintulu Port Authority was dissolved, with its responsibilities taken over by the Bintulu Port Authority (Sarawak). The new authority is a state statutory body established on 1 September 2024 under the Port Authorities Ordinance 1961. The takeover marks the completion of a process that began more than three years ago. Sarawak first announced its intention to take over Bintulu Port on 30 January 2023, before receiving approval from the Sarawak Cabinet on 23 February 2023. The Federal Government later agreed to the proposal, with Anwar announcing its approval during the tabling of Budget 2024 on 13 October 2023. Both governments subsequently signed a Memorandum of Understanding on 22 March 2024 to move forward with the transfer process. On 4 February 2026, the Federal and Sarawak governments agreed on a takeover value of RM1.8 billion for the Bintulu Port Authority. A Completion Agreement was later signed on 21 June 2026, with compensation arrangements finalised as part of the transaction. The transfer represents an important development in Sarawak’s efforts to strengthen its control over strategic infrastructure and manage its own port operations. It also supports the state’s broader development plans and reflects ongoing efforts to implement provisions associated with the Malaysia Agreement 1963 (MA63). Bintulu Port is one of Sarawak’s major maritime facilities and plays an important role in supporting the state’s industrial and energy sectors. The deep-water port serves industries in Bintulu and is a key export facility for liquefied natural gas (LNG), contributing significantly to Malaysia’s energy trade. It also supports regional shipping and trade activities, including connections within the Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area (BIMP-EAGA). With Bintulu Port now under state administration, the Sarawak Government will have greater responsibility for overseeing its operations, infrastructure development and future planning. The takeover is expected to support better coordination between port development and Sarawak’s wider economic priorities, particularly in industrial growth, logistics and international trade. The official handover coincided with the national Malaysia Day 2026 celebrations in Kuching, which were held at the Borneo Convention Centre Kuching later that evening. Anwar arrived at Kuching International Airport at approximately 5.35pm and was welcomed by the Sarawak Premier before attending the ceremony. Also present were Sarawak Deputy Premiers Datuk Amar Awang Tengah Ali Hasan and Datuk Amar Prof Dr Sim Kui Hian, as well as Sarawak Legislative Assembly Speaker Tan Sri Datuk Amar Mohamad Asfia Awang Nasar. Federal and state cabinet members, deputy ministers, senior government officials and other dignitaries also attended the event. The completion of the transfer marks a significant milestone for Sarawak, giving the state direct responsibility for one of its most important ports while strengthening its role in Malaysia’s maritime, logistics and energy industries. Tighten the article for news readersStrengthen the opening with key details

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