Some interesting news clips on Malaysia.
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A really good article about Malaysia.
A customer in Thailand has set a new benchmark in cashless payment with the purchase of an all-new Lamborghini via cryptocurrency.
According to a release by Zipmex, Jo Chirawat used Zipmex’s mobile app to put a downpayment in Bitcoin on a 2021 Huracán EVO RWD at Renazzo Motor Co. Ltd. in Bangkok, Thailand. The balance of the THB 20 million car is expected to be paid in Bitcoin as well. As of trading today, one Bitcoin is valued at THB 1.7 million.
This transaction with Zipmex is also the first recorded in Asia.
Zipmex is one of the leading digital assets exchange platforms in South East Asia and the fastest growing with a focus on providing retail and institutional investors with the tools and convenience to trade digital assets securely. It currently operates in Singapore, Thailand, Australia and Indonesia.
The partnership between Zipmex and Renazzo Motor allows the usage of Bitcoin (BTC), Tether USD (USDT), and Zipmex Token (ZMT). The ability to accept cryptocurrencies also expands potential in untapped customer segments for the supercar distributor.
As for the Lamborghini Huracán EVO RWD, the 5.2-litre V10 engine delivers 610 hp at 8,000 rpm and 560 Nm of torque. Drive to the rear wheels is via a seven-speed dual-clutch transmission and sends the Huracan EVO from standstill to 100 km/h in 3.3 seconds, taking another six seconds to reach 200 km/h.
Renazzo Motor has been the official sole importer, dealer and after-sales service provider for Lamborghini automobiles in Thailand since 2018. Meanwhile, in Malaysia, recently-appointed SunAgata Supercars is handling all sales and after-sales aspects of the brand.
GALLERY
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videos on Penang.
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A great post on Penang Malaysia.
Thailand, the largest automotive market in the ASEAN region with Indonesia a very close second, is setting up an ambitious plan to only offer electric vehicles (EV) as new vehicles from 2035, completely phasing out the internal combustion engine, five years earlier than Singapore!
The report from Bloomberg highlights now that the country has set a target for phasing out vehicles with combustion engines, the next step for the government will be to facilitate the transition.
Kawin Thangsupanich, an adviser to Energy Ministry’s national policy committee, said the government must press hard on the development of strategies to build more charging infrastructure, implement favourable tax incentives, regulations as well as promote manufacturing of EVs.
The target, that is only 14 over years away, is incredibly ambitious for the nation that registers over 1 million units of new vehicles annually, of which, half are commercial vehicles such as pick-up trucks powered by diesel engines.
Battery EVs currently make up less than 1% of cars in Thailand, with just 2,202 units sold last year. Hybrid vehicles, both self-charging and plug-in charging, fare much better, registering over 178,000 units in 2020, a growth in sales given the disruption following the global pandemic.
By the end of 2025, Thailand hopes to have 25% of new vehicles sold are zero local emissions, with the figure increasing to 50% by the end of this decade, up from 30% previously proposed.
In a separate report by the Bangkok Post, total production of EVs consisting of both cars and pick-up trucks is estimated to be 400,000 units by 2025, and see an exponential jump to under 3 million units in just five years, supporting the plan to have 50% of new cars to be EV in 2030.
With the idea of 100% of new vehicles sold being an EV, the automotive industry in Thailand expects to have produced a cumulative of 8.6 million cars and pick-ups by 2035.
As the supply of many components and sub-assemblies of vehicles come from Thailand, this bold plan will surely affect us all in the ASEAN region. Could this also mean the first electric-powered pick-up truck could be released as soon as 2025?
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A really good post about Malaysia.
Pine Labs, an Indian merchant commerce platform, has bought Malaysian startup Fave for RM185 million (~US$45 million). If you’re unfamiliar with Fave, then you may remember its previous iteration, Groupon Malaysia.
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As part of the acquisition deal, Fave now able to expand its reach to India. Expected to be available later this year, the Fave app can then be used at 500,000 merchant network points powered by Pine Labs across 3,700 cities throughout the country.
“India has the digital advantage with young demography, growing aspirational middle class with rising disposable income and increasing digital savviness,” said Fave CEO and co-founder Joel Neoh.
At the moment, Fave offers a familiar mix of discounts, cashback, and other rewards, while also facilitating payments through FavePay – though it’s not an e-wallet. The company currently operates in 35 cities across Malaysia, Singapore, and Indonesia.
It also claims to have enabled six million consumers in Southeast Asia to save over US$400 million (~RM1.7 billion) across 40,000 retailers since 2016. Fave stated that consumers in Malaysia alone have managed to save around RM369 million to date.
Despite the acquisition, Fave’s leadership structure remains intact according to the company. However, its founders will have much larger roles now as they will soon lead the overall platform for the group across Asia.
At the same time, the company has also planned to hire over 100 new employees in Southeast Asia and India as part of its effort to put the app into the hands of more consumers in both regions.
(Source: Pine Labs / Fave. Image: Fave.)
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A great post about Malaysia.
How much do you love desserts? If you’re a true foodie, then you probably have an entire stomach dedicated to savour desserts only. Well, here’s the tea. Châteraisé Patisserie has officially opened its 2nd outlet at Queensbay Mall Penang today!
Just last year, Châteraisé has opened its very first outlet in Penang over at Gurney Plaza and the queue was nothing less than an insane snaking line. So if you’ve yet to try the one at Gurney Plaza, then you can now even try out their line of Japan-imported desserts at Queensbay Mall.
At Châteraisé, you can expect to find over 200 types of imported Japanese desserts here! Châteraisé is a dessert outlet from Japan that has signature pastries loaded with fruits. Aside from that, they also have matcha pastries, Taiyaki ice cream, macarons, cream puff and more.
Here in Malaysia, the very first Châteraisé outlet opened at Isetan KLCC in March 2016. That isn’t all, Châteraisé even has international outlets in Taiwan, Singapore, China, Indonesia, Thailand, as well as Hong Kong.
So what are you guys planning to do this weekend? How about filling it up with an array of beautiful and lip-smacking desserts at Châteraisé Queensbay Mall? Be sure to abide by the SOPs when you’re there!
Address: GF-98, Queensbay Mall, 100 Persiaran Bayan Indah, 11900 Bayan Lepas, Pulau Pinang
Operating Hours: 10:00 AM – 10:00 PM (Opens Daily)
Read More: Perfect Ice: Korea’s Famous Milkshake And Ice Cream Joint Opens First Outlet In Penang
Check Out: Starbucks At Home In Queensbay Mall Has Free Coffee, Personalised Notebooks & More
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Click on the button below and hunt good food with us today!
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videos on Penang Malaysia.
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An interesting article on Penang Malaysia.
Hello, there! It is always a good idea to leave the hustle and bustle of George Town for a minute, and be in tune with nature’s great offerings. Here’s the best method, and you don’t even have to leave Penang. It is time to take a drive to the serene Batu Ferringhi. Indeed, it is an underrated spot among locals. Hang tight, as we are about to take you on a calming adventure – with cocktails, barbecue, and mesmerising sunset view by the beach.
Introducing the well-regarded PARKROYAL Penang Resort. Once you have stepped in, be ready to be transported to paradise. Not only this beautiful resort offers gorgeous hotel rooms, but it also has amazing restaurants and bars to tickle our tastebuds. This time around, we will be highlighting Sunset Bar & BBQ by the Beach. Are you ready for some sea, and seafood?
The resort’s Sunset Bar is strategically located just a stone’s throw away from the public beach. Beautifully designed, this spot is definitely a cheat spot to transport yourself to Bali, Indonesia. Take a seat closer to the beach, and hear the soothing sounds of the ocean while you’re sipping on handcrafted cocktails. Don’t miss out on the island’s best cocktails and happy hour with the best stunning view. Pst, you can enjoy cocktail of the month with 20% savings upon order when you quote ‘PGFOODIE20’ (except for Happy Hour)
Apart from cocktails, indulge in the freshest seafood in Penang. PARKROYAL Penang Resort offers BBQ by the Beach, premium quality ala carte items grilled upon order with stunning views. Some of the seafood choices are rock lobster, whole squid, tiger prawns, seabass, and golden pomfret. Not a fan of seafood? Fret not! Ribeye steak, lamb skewers, beef skewers, chicken skewers, and chicken wings are also available for the barbecue!
The professional chefs will be barbecuing all dishes right in front of your eyes, with the beach as a backdrop. It is truly a delight to watch the blazing fire. Served freshly from the grill, these barbecue treats are accompanied with well-curated homemade sauces to bring out the flavours. On top of this, at Sunset Bar, some of the food and beverages are served with a bicycle! It’s a skill!
Apart from the grills, ala carte items are also available on the menu at the Sunset Bar. Check out Fish and Chips, cooked to perfection with sides of salad, tartare sauce, and brown vinegar. Of course, Malaysian Grilled Satay is a crowd favourite, too! Other choices include different types of pasta including Spaghetti Ai Frutti Di Mare, and Rigatoni Alla Bolognese.
There’s no time like the present to treat yourself and your loved ones! PARKROYAL Penang Resort is a must-visit for beautiful sunsets, signature cocktails, and barbecue with fresh seafood. To learn more, feel free to check out PARKROYAL Penang Resort’s official website, and use ‘PGFOODIE20’ upon reservations to get 20% off from any eateries within the resort, except for Happy Hour. Relax, friends!
Address: PARKROYAL Penang Resort Batu Ferringhi Beach, 11100 Batu Ferringhi, Pulau Pinang
Link(s): Facebook | Instagram | Website
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Some news clips on Malaysia.
The above video post was provided on this site.
We trust you found the above useful. You can find similar content on our main site:
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Let me have your feedback in the comments section below.
Let us know which topics we should write about for you next.