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An informative post about Penang.
A subsidiary of Razer Fintech, the Razer Merchant Services (RMS) has recently announced that it is now able to help merchants adopt all three DuitNow payment channels. The company claimed that RMS is the first merchant acquirer in the industry that is able to do this which was made possible via its partnership with PayNet.
In case you are not familiar with the term, merchant acquirer is essentially the company that allows merchants to accept payments via credit or debit cards and digital wallets. In other words, a merchant acquirer provides the tools and solutions such as card terminals, payment gateways and API integration that enable merchants to process payments made by their customers.
As mentioned earlier, DuitNow (also known as the Real-time Retail Payments Platform) has three main payment channels including the DuitNow QR which is the national standard for QR payment. Its establishment has enabled interoperability between participating banks as well as e-wallets which means merchants just need to display one QR code in order to accept payments from multiple banks and e-wallets.
Other than that, there is also the DuitNow Online Banking/Wallets which is meant to facilitate payments for the e-commerce and m-commerce merchants. Not to forget, RMS also said that it can also deliver the support for the DuitNow QR cross-border payment which has just been enabled between Malaysia and Thailand earlier this year with Indonesia and Singapore to follow in the near future.
Meanwhile, the company is already aiming to have 3,000 physical locations and 1,000 online merchants to adopt the full DuitNow payment suite via its solutions in 2022. In many ways, it seems that RMS is working to position itself as the one-stop provider for merchants out there that are looking to quickly implement payment processing solutions for their business regardless of they have physical outlets, online stores, or a mix of both.
(Source: Razer.)
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Some news about Penang Malaysia.
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An informative post on Malaysia.
As we’re soon closing in on another year, one occasion that we all anticipate is none other than the Mid-Autumn Festival. It is one of the many festivities after Chinese New Year that symbolizes a sense of reunion among family members. If you’re looking for traditional handmade mooncakes to enjoy this year, then you need to check out Ng Kee, a 120-year-old biscuit shop right here in Penang.
We all know that the Mid-Autumn Festival falls on the 15th day of the 8th Chinese calendar month. But, did you know it is said that the moon is brightest and roundest on this day and families would gather round to admire the moon’s beauty? Since then, Mid-Autumn Festival is closely connected to a family reunion. Of course, there is also the legend of the Chang’e.
Photo: @PenangFoodie
This year, having a reunion comes as no easy feat due to the battle with the pandemic. Thus, we should all practise the culture of mooncake gifting to our loved ones. After all, if we can’t physically be with our family, then the thought is what matters right?
Photo: @PenangFoodie
Ng Kee is probably one of the last few biscuit shops in Penang that still offers handmade mooncakes. Not only that but till this day, Loh Mun Loong, the third generation currently handling Ng Kee still uses his father’s passed-down recipe to perfect the mooncakes.
Every single step right from the preparation of fillings and yolk, to the making of the crust and all the way to baking, Ng Kee does them by hand. Among the signature mooncake flavours at Ng Kee are the Coconut, Lotus, Tau Sar and Red Bean.
Photo: @PenangFoodie
Photo: @PenangFoodie
“The mooncakes are made with the help of my wife and daughter and it gives me a great sense of joy to be able to pass the same sense of unity to other families”, said Loh.
This year, Ng Kee is offering their mooncakes and various biscuits nationwide as well as to Singapore. So if you’re looking for that perfect mooncake to gift your family who is afar this year, look no further than Ng Kee.
Photo: @PenangFoodie
Photo: @PenangFoodie
Nothing like a couple of traditional handmade mooncakes to tell them they’re on your mind. Happy Mid-Autumn Festival, everyone.
Address: 61, Lebuh Cintra, George Town, 10100 George Town, Pulau Pinang
Operating Hours: 9 AM-6 PM (Monday-Saturday) | 9 AM-4 PM (Sunday)
Status: Pork-free and alcohol-free
Link(s): Facebook | Instagram
To order mooncakes and biscuits from Ng Kee, click here: WhatsApp | Shopee | Lazada
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A really good article on Malaysia.
Mate Rimac, the founder and namesake of Rimac Automobili, is not one to play it safe. It’s only been a couple of months since they signed the deal to acquire a majority stake in Bugatti, but the soon-to-be CEO has already told the press that he already has big plans to do “something crazy” with the French brand.
And now, we finally have some more information on Bugatti’s future plans, coming right from the main man Rimac himself.
Speaking to Manny Khoshbin at the Monterey Car Week, Rimac told the YouTube personality and real estate mogul that the company has already started working on a new model “from the ground up” since about a year ago, with a launch scheduled in about three years time.
For loyal Bugatti customers such as Khoshbin himself, the company will start sharing more in under a year’s time – so we’ll likely hear about these developments not long after that. But the fact that Rimac emphasised on “from the ground up” seems to suggest that it won’t be a traditional Bugatti, i.e. not a Chiron successor.
Bugatti has just opened its first SEA showroom in Singapore, with a Chiron Pur Sport as its centrepiece! Check it out here.
As for the “something crazy”? In a recent interview with MotorTrend, Mate Rimac told the publication that there’s so much he can do with the brand. “Maybe an SUV or long hood coupe or something absolutely insane that no one thinks about,” he added.
MotorTrend reports that both Bugatti and Rimac hypercars will utilise Rimac’s high-performance electric powertrains in the future, with two new Bugatti models already planned for launch before 2030: the first a petrol-electric hybrid, followed by an EV afterwards.
The last Bugatti Divo still looks just as stunning as the first. Check out the final production model here.
While it won’t be easy to see Bugatti parting ways with the iconic W16 engine, it’s high time for Bugatti to actually keep up with technological advancements. If anything, at least it’ll be an exciting next few years for the French brand – and we can’t wait to see it unfold.
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An informative article on Malaysia.
The government is to resume the Malaysia My Second Home programme (MM2H) in October, after suspending it a year ago.
Home Ministry secretary-general Wan Ahmad Dahlan Abdul Aziz said the Cabinet decided on this at its meetings on July 14 and 30.
This was part of decisions made to improve policies under the national recovery plan (NRP) to kick-start the economy.
The MM2H programme was suspended for a review by the tourism, arts and culture ministry and related agencies following the Covid-19 pandemic.
“New applications will be processed and coordinated by the immigration department (JIM), beginning October 2021, after all related legal processes are completed,” Dahlan said at a press conference at the ministry today.
He said the government understood the concerns involving any influx of foreign nationals into the country through this programme.
“The government has agreed to set a ceiling for the number of participants (the principal and their dependents) at any one time. They would not be more than 1% of the population of Malaysia.
“The home ministry guarantees that only qualified participants, without past criminal records, will be allowed to take part in the MM2H programme,” he said.
He said 10 new criteria will be introduced under the MM2H.
Among them is a duration of stay of at least 90 days (cumulative) in a year, with an offshore income of at least RM40,000 a month, compared with RM10,000 before this.
Aside from that, they must have permanent savings of at least RM1 million, from which a maximum 50% can be used to purchase property, and take care of the health and education of their children.
He said the social visa pass will be valid for five years. This can be extended by another five years and beyond, so long as participants abide by the set criteria.
“Among the other criteria is a declaration of liquid assets of at least RM1.5 million.
“The pass fees will be raised to RM500 a year (from RM90). The processing fee will be set at RM5,000 for the principal participant and RM2,500 for each dependent.
“Pass renewals and any changes to the nationality of participants and their dependents will also be vetted for safety.”
Participants must also present a letter of good conduct for themselves and their dependents, Dahlan added.
He said, so far the top 10 countries with the highest number of applications for the MM2H programme are China (with 1,000 applicants), Japan (more than 200), the United Kingdom, Bangladesh, Korea, Singapore, the US, Australia, Taiwan and Indonesia.
However, Dahlan said people from certain countries were on the banned list due to the ongoing Covid-19 pandemic.
Source: FreeMalaysiaToday.com
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