Digital Boomerang Singapore 

While Cyber Village, a Malaysian based e-consulting company with MSC status seeks to list in Singapore’s SESDAQ, Commerce Exchange (Comex) is all set to dive into Malaysia’s e-business landscape.

Comex announced that it will invest RM20 million at official opening of its Malaysian Office, MY Comex Sdn Bhd.

The RM$20 million to be invested is a further show of Comex’s commitment to the Malaysian market and will be spread over the next two years. The money will be spent on research & development, investment and the development of original intellectual property.

Speaking at the official launch of MY Comex, Comex’s Chief Operating Officer, Danny Lo expressed Comex’s confidence in the growth forecasted in Malaysia’s e-business sector and the development of IT in Malaysia.

Comex will provide its e-solutions for trade, finance and logistics in Malaysia. Together with partners such as Maybank, Public Bank and RHB, Comex hopes to deliver enriched, end-to-end services for the businesses in Malaysia and help brick-and-mortar companies make the transition to e-business.

MYComex has been awarded with Multimedia-Super Corridor (MSC) status at the ceremony which showcase of a stellar portfolio of clients involved in highly innovative use of IT. On its receipt of the MSC award, Michael reiterated his support for Malaysia’s e-economy initiatives.

“We are excited about Malaysia’s e-economy initiatives. We know that the enterprises in Malaysia are well aware of the increasing global competition and are ready to adopt the latest in technology to compete. We want to play a role in enabling this growth. The award of MSC-status has allowed us to be more effective in fulfilling our ambition.”

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