by Ferry Bayu | Aug 11, 2023 | Business
Mastering the New Media Landscape: TAPRO’s Freda Liu Shares Insights on Elevating Brand Presence at MGCC Event
TAPRO’s media trainer, Freda Liu grazed MGCC’s Tuesday Club with her sharing on how and what businesses can do to stay relevant in the digital age.
KUALA LUMPUR — In a rapidly evolving digital age, the role of media in shaping businesses’ brand presence has undergone a transformative shift. Recognizing the significance of adapting to these changes, the Malaysia German Chamber of Commerce and Industry (MGCC) hosted an insightful event on August 8 featuring esteemed speaker and TAPRO media trainer, Freda Liu. With a focus on illuminating the path towards brand elevation, the event shed light on the crucial relationship between modern media and business success.
As the media landscape continues to undergo unprecedented changes, businesses are confronted with the imperative to embrace these shifts to remain competitive. The recent event held at MGCC, headlined by renowned speaker Freda Liu, provided an in-depth exploration of the ways in which media can significantly impact a business’s visibility, reach, credibility, and trust. In an era where digital platforms dominate communication channels, understanding how to leverage media effectively is no longer a choice but a necessity for sustained growth.
Freda Liu, a distinguished voice in the realm of business and media, delved into the intricate facets of brand strategy during her engaging session. Attendees were presented with actionable insights aimed at refining their brand strategy across various dimensions. Liu underscored the pivotal role that strategic marketing, compelling content, an engaging website, and a robust social media presence play in shaping a brand’s identity. By aligning these elements cohesively, businesses can create a powerful and resonating brand narrative that captures the essence of their offerings.
One of the event’s standout highlights was Liu’s exploration of emerging trends in media and their profound implications for brand development. The digital revolution has fundamentally altered the way content is consumed and shared across diverse platforms. Liu emphasized that achieving brand differentiation now hinges not only on reach but also on cultivating an engaged and attentive audience. The dynamics of digital transformation necessitate businesses to meticulously evaluate their content dissemination strategies across platforms and consider the nuanced impact on their brand perception.
In her closing remarks, Freda Liu emphasized the escalating significance of thought leadership in the evolving media landscape. With an astute eye on the future, Liu urged attendees to proactively anticipate the needs of both current and prospective clients. She urged businesses to embrace a visionary approach that positions them as industry authorities, guiding the conversation and shaping perceptions. Liu’s insights echoed the profound truth that in a world brimming with information, brands that offer valuable insights and steer conversations are poised to thrive.
Attendees left the event equipped with a renewed understanding of media’s transformative potential and armed with actionable strategies to propel their brands to new heights.
Based in Petaling Jaya, Selangor, TAPRO is a specialised talent acquisition and training firm with a focus in the education, healthcare, banking & finance and IT industries for Malaysia and the region. Its services include talent acquisition, learning and development, business and marketing consulting and event management.
Name: Tania Perera
Email: tr******@*******om.my
Website: tapro.com.my
by Ferry Bayu | Aug 11, 2023 | Business
MiiTel can now recognize voice emotions with AI
Jakarta, August 11, 2023 — RevComm is pleased to announce the latest breakthrough in the world of business communication. By combining artificial intelligence (AI) with voice emotion recognition capabilities, RevComm introduces an innovative feature that enables users to identify human emotions in phone conversations and online meetings using MiiTel.
Speech emotion recognition is a technology that allows users to recognize and visualize the level of positive and negative emotions in verbal conversations online. Through this feature, users can more easily monitor and evaluate the quality of their conversations.
The sophistication of the voice emotion recognition feature can be experienced in phone conversations using MiiTel, RevComm’s innovative AI-based smart telephone system that can automatically record, transcribe, and analyze voice. Most recently, MiiTel also supports the automatic generation of conversation summaries with ChatGPT. This technology can support the improvement of sales, call center, and business performance.
Furthermore, voice emotion recognition is also available for MiiTel Meetings, an AI-based online meeting analytics tool that can support business communication in Zoom, Microsoft Teams, and Google Meet platforms.
This feature utilizes colors to depict the levels of emotions in conversations. Darkening shades of green indicate higher levels of happiness, whereas deepening shades of orange indicate higher levels of negativity. Grey represents a neutral emotional state, while white signifies the absence of conversation.
Furthermore, the emotional identification within the speech emotion recognition feature can be observed from two distinct perspectives: that of MiiTel users and that of customers. The user’s facet enabling the monitoring of the quality of conducted conversations. Conversely, from the customer’s standpoint, this can serve as a evaluative guide and provide insights into the types of conversations that elicit positive or negative reactions from clients.
This breakthrough signifies RevComm’s commitment to provide cutting-edge technological solutions to meet the evolving needs of its customers. MiiTel is currently accessible in Japan, the United States, and Indonesia. Visit miitel.id to get a free demo.
MiiTel is an innovation from RevComm, one of Japan’s fastest-growing technology companies. Within five years, RevComm became a unicorn and won numerous awards: Forbes Japan’s Startup of the Year, Google for Startups, AWS Summit, Mizuho Innovation Award, Japan Venture Awards, BOXIL SaaS Award, Deloitte Technology Fast 50, and Forbes AI 50.
Nadira
na****@********co.jp
by Ferry Bayu | Aug 11, 2023 | Business
BSP says may hike rates if…
MANILA — Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the central bank would only raise rates if there were new supply shocks on inflation.
Remolona made the statement in an interview with Nomura economist Euben Paracuelles
“If we have new supply shocks on inflation, which are unusually large, and if El Niño turns out to be very severe and combined with a confluence of other factors, we would have to tighten again,” the BSP governor said when asked what would trigger a resumption of the hiking cycle.
“Headline inflation is at 4.7 percent year-on-year, and we want to get to the target of 2 to 4 percent. But we also want to be comfortable that inflation is staying within that range and inflation expectations remain anchored,” he noted.
“If we don’t tighten when those shocks materialize, then expectations could get out of hand, inflation will feed on itself, and it gets much harder for us,” he explained.
Asked if policy settings would be kept stable if no supply shocks happen, Remolona said, “The pause means the signals from the data are still mixed and not consistent. Some indicators show the economy is holding up, some show it is weakening.”
“If this continues, then it’s likely prudent for us to still pause,” he said.
Remolona said the BSP would be cautious about cutting rates.
“If there’s a chance that we might have to raise rates again after we start cutting, we don’t want to take the risk from these quick reversals. I think the exit has to be a smooth process and this is what central banks have learned over the years. Sudden reversals are bad,” he said.
Inflation further eased for a sixth consecutive month in July. The BSP has said it remained ready to adjust the monetary policy stance if necessary to ease price pressures.
Easing inflation has allowed the BSP to keep rates steady at 6.25 percent during its last policy-setting meeting. The next meeting is on August 17.
by Ferry Bayu | Aug 11, 2023 | Business
Al-Ikhsan Sports DEPLOYS CUTTING-EDGE TECHNOLOGY TO SHAPE THE FUTURE OF THE IN-STORE RETAIL
Al-Ikhsan Sports, a leading sports retailer in Malaysia, has partnered with ComeBy, a retail analytics platform, to revolutionize customer experiences and enhance store performance. The partnership aims to tailor products and services to meet customer-specific needs, enabling Al-Ikhsan Sports to tap into data and improve store performance. The platform will track return on investment, staff performance, and upsell and cross-selling capabilities, allowing Al-Ikhsan Sports to make informed decisions and maintain its competitive edge. The collaboration aims to provide personalized shopper experiences and enhance store performance across 51 outlets in Malaysia.
Kuala Lumpur, 9 August 2023 – Al-Ikhsan
Sports, the Malaysian premier sports retailer in Malaysia, has recently
embarked on a comprehensive research initiative to identify innovative
technology providers as part of their commitment to delivering exceptional
shopping experiences to their customers. After careful evaluation, Al-Ikhsan
Sports is proud to announce its strategic partnership with ComeBy, a prominent
retail analytics platform, to revolutionize the customer’s experience and
enhance store performances across the nation.
With a strong focus on staying at the
forefront of technological advancements in retail, Al-Ikhsan Sports aims to
tailor its products and services to meet customer-specific advance needs. This
collaboration will enable Al-Ikhsan Sports to tap into a wealth of data,
improving the way they understand their customers, optimize their stores, and
drive revenue growth.
“At Al-Ikhsan Sports, we are always
looking at ways to improve the overall customer journey within our stores”
said Mr. Vach Pillutla, Chief Executive Officer of Al-Ikhsan Sports.
“Through our partnership with
ComeBy, we can really leverage on technology to understand the key metrics of
Traffic, capture and conversion at the stores and can improve individual store
performance by putting in place initiatives to drive traffic, enhance front end
look and feel to bring in higher footfalls or ensure stronger visual
merchandising or even bring in the most appropriate merchandise for the
catchment. The combination of our industry-leading expertise with cutting-edge
solutions from Comeby which surely allow us to deliver a future-ready retail
experience.”
As part of their proactive approach to data-driven
decision-making, Al-Ikhsan Sports will leverage a robust platform to track
their return on investment in real time, ensuring efficient resource
allocation. The platform will also empower Al-Ikhsan Sports stores to measure
staff performance, including visitor-to-customer conversion rates as well as
average transaction values to upsell and obtain cross-selling capabilities.
Armed with valuable insights on shopper browsing, best-selling products, and
emerging trends, Al-Ikhsan Sports will be able to make informed decisions to
eliminate blind spots and sustain its competitive edge.
According to Barry Ooi, Chief Executive
Officer/Co-Founder of Comeby,”The goal is to stitch all these ‘offline cookie’
datapoints and provide Al-Ikhsan full insights into each of its stores, so they
can understand exactly what their shoppers are interested in and exactly why
they leave, and provide a more personalized shopper experience.”
This collaborative effort highlights
Al-Ikhsan Sports and ComeBy’s shared vision to shape in-store retail’s future
by integrating advanced technology with exceptional service, setting new
industry standards.
Al-Ikhsan Sports is set to roll out the
solution across 51 outlets across Malaysia, with further expansion planned
soon.
For more latest
information about Al-Ikhsan Sports please visit Al-Ikhsan Sports official
social media accounts on Instagram, Facebook, TikTok, Twitter and LinkeLeft 

Right : Mr. Barry Ooi (Co-Founder/CEO of ComeBy)
Al-Ikhsan Sports (Al-Ikhsan) was established in 1993 with a single store of 150 sq ft in Holiday Plaza, Johor Bahru by Tuan Haji Ali Hassan and has grown to now 180+ stores throughout Peninsular Malaysia. Al-Ikhsan Sports aims to provide an affordable alternative to Malaysians living a healthy and sporty life as well as giving local football fans a wide choice. In 2016, Ekuiti Nasional Berhad (Ekuinas) invested a 35% stake in Al-Ikhsan Sports and since then, Al Ikhsan’s momentum has strengthened in terms of branding and recorded stronger development. Al-Ikhsan has also received various recognitions and awards from international as well local bodies following its encouraging achievements.
Head, Corporate COmmunication & Public Relations
Ryn Khiradin
(khairina.khiradin@al-Ikhsan Sports.com.my / +601 33568039)
by Ferry Bayu | Aug 10, 2023 | Business
Wealth Of The Philippines’ 50 Richest On Forbes List Rises 11% To US$80 Billion
SINGAPORE (August 10, 2023) – The combined wealth of tycoons on the 2023 Forbes list of Philippines’ 50 Richest rose 11% to US$80 billion from $72 billion last year. The complete list can be found here and in the August issue of Forbes Asia.
The Philippine economy logged 6.4% growth in the first quarter of 2023, marking two years of continuous expansion since its recovery from the pandemic. Although the economy must now deal with inflation and higher interest rates, the country’s benchmark stock index rose 6% from a year ago when fortunes were last measured.
More than half of those on the list are wealthier this year, led by the top three. The Sy siblings, heirs to the group built by the late Henry Sy Sr., retain the top spot, adding $1.8 billion to their net worth, which now stands at $14.4 billion. Shares of their flagship SM Investments, a conglomerate with interests in banking, property and retail, jumped 19% from a year ago amid a rebound in consumer spending.
Property tycoon Manuel Villar continues to hold second place with a fortune of $9.7 billion, up $1.9 billion, on the back of a resilient housing market. Villar also listed his power business, Premiere Island Power REIT, in December 2022. Rounding out the top 3 is this year’s biggest dollar gainer, ports tycoon Enrique Razon Jr., who saw his fortune rise $2.5 billion to $8.1 billion. Shares in his company International Container Terminal Services jumped 24% from a year ago, thanks to sustained improvement in supply chains.
Another notable gainer is Ramon Ang, president and CEO of listed conglomerate San Miguel Corp., who moves up five spots to No. 4. His wealth was up nearly 40% to $3.4 billion following the acquisition of his majority owned Eagle Cement, one of the archipelago’s largest cement makers, by San Miguel. Taking the fifth spot on the list is Tony Tan Caktiong of Jollibee Foods, who saw his net worth rise $600 million to $3.2 billion.
Featured on the cover of the August issue of Forbes Asia is Sabin Aboitiz, a fourth-generation member of the Aboitiz family (No. 6, $3.15 billion). Aboitiz is spearheading a $7 billion transformation of Aboitiz Equity Ventures, Philippines’ second largest electricity producer, into a banking, infrastructure and technology powerhouse.
The three new newcomers to the list are all inheritors. The Gotianun family, at No. 22 with $850 million, inherited stakes in conglomerate Filinvest Development from matriarch Mercedes Gotianun, who died last December. The Yuchengco family, heirs of Alfonso Yuchengco and the biggest shareholder of Rizal Commercial Banking Corp., one of the country’s largest lenders, also joins the ranks at No. 33 with $420 million. Federico Lopez debuts on the list at No. 42 with $300 million, shared with his family, after taking over the media, property and power empire from his father, Oscar, who died in April at age 93.
The minimum net worth to make the list was $180 million, slightly down from $185 million last year.
The top 10 richest in the Philippines are:
- Sy siblings; US$14.4 billion
- Manuel Villar; $9.7 billion
- EnriqueRazon Jr.; $8.1 billion
- RamonAng; $3.4 billion
- Tony Tan Caktiong; $3.2 billion
6.Aboitiz Family; $3.15 billion
7.Lance Gokongwei & siblings; $3 billion
8.Isidro Consunji & siblings; $2.9 billion
- Jaime Zobel de Ayala; $2.8 billion
- Lucio Tan; $2.6 billion
The list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, analysts and other sources. Unlike the Forbes Billionaires’ rankings, this list includes family fortunes, including those shared among extended families. Net worths are based on stock prices and exchange rates as of the close of markets on July 21, 2023. Private companies were valued based on similar companies that are publicly traded. The list can also include foreign citizens with business, residential or other ties to the country, or citizens who don’t reside in the country but have significant business or other ties to the country.
For more information, visit www.forbes.com/philippines
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