Three million Chinese tourists in Malaysia to benefit from WeChat app KUALA LUMPUR (Sept 19): Three million tourists from mainland China are expected to benefit from the WeChat Go Malaysia Mini Program, an interactive app, to search for any information and attraction in Malaysia from today. Head of WeChat Global Marketing Ma Feng Ming said the programme served as a key platform to attract inbound visitors from mainland China through a partnership with Tourism Malaysia for the Visit Malaysia 2020 campaign. “Via the interactive guide in Chinese, the Mini Program enables a digital travel experience on Malaysian attractionss, food, culture and shopping venues,” he said during the launch of the WeChat Go Malaysia Mini Program here, today. He said it also enabled the travellers to pay using their home currency, the Renminbi, for services provided such as at Pos Malaysia, the Kuala Lumpur International Airprot (KLIA) Express, TripCarte and CatchThatBus. “Visitors can select from a list of postcards and Pos Malaysia will print and deliver it to any address in mainland China. For the KLIA Express, tourists can book and pay for tickets ahead of the airport transfer train ride. “Meanwhile, tourists can also book and pay for tickets to tourist attractions in Malaysia using TripCarte. CatchThatBus allows them to book and pay for bus tickets ahead of the ride,” Ma added. Besides this programme, telco provider U Mobile, has partnered WeChat to launch the Pavilion KL Mini Program which begins on Oct 1. Chief executive officer (retail) Pavilion KL, Datuk Joyce Yap said it is aimed at enhancing the dining and shopping experience for tourists. “They can make reservations, order and pay for meals, at over 30 participating food and beverage merchants. “At retail and fashion stores, they can order and pay for their choice of merchandise via the Mini Program and simply collect purchases when ready,” she said in her speech at the WeChat Go Malaysia Mini Program. Last year, there were 2.9 million visitors from mainland China to Malaysia. Currently there are 1.1 billion active WeChat users.
Malaysia a step closer to going cashless, says Visa KUALA LUMPUR (Sept 20): Digital payments are becoming the preferred payment method in Malaysia, with 70% of consumers preferring to visit merchant sites that accept digital payments compared to those that only accept cash, according to the Visa Consumer Payment Attitudes Study 2018. In a statement today, Visa Inc said among the merchant categories that consumers expect higher usage of digital payments are large shopping malls (65%), supermarkets (60%) and bill payments (57%). "Over half of the respondents expect their use of digital payments to increase over the next year," it said. Visa said the respondents believe the digital payments are convenient, hassle free and accepted widely. They also believe that going cashless offers better payment security and allow them to track their expenditure better, it said. However, for small transactions, the respondents still prefer paying with cash. Visa country manager for Malaysia Ng Kong Boon said the financial services corporation sees a similar trend based on its VisaNet data, where the total value of consumer spending on Visa and number of transactions have shown double-digit percentage increase year-on-year. "There are, however, continued opportunities for growth as cash still accounts for more than 60% of consumer spending in Malaysia," he said. Ng said Visa has been focusing its efforts on expanding merchant contactless acceptance in Malaysia, adding that the nation is now one of the fastest growing countries in Asia Pacific in terms of contactless payment usage. "To date, we have enabled contactless payments acceptance in major merchant categories such as petrol stations, supermarkets, quick service restaurants and laundromats. "We are confident that our goal of becoming a cashless nation is moving a step closer because merchants and consumers appreciate the frictionless payments experience brought about by digital payments," he said.
Relax...the uptrend still intact...dont panic...im accumulate slowly,..play it safe..this counter is lack of volume..standby means wait for the buy vol to kick in..
We just follow the trend,that y dont chase the stock..buy low maaaaa.... 1st resistant is 1.60...break that can go further more...if not..can sell around 1.58 - 1.60 or sell at any price that u profit..
What make trading is so dificult is...u dont know the trend,u dont know the resistant and support...go study this basic 1st...and u surely got no headache
Very simple, everyone wants to earn money, if a shares is overvalued, then definitely will call for sell, including directors. Who in earth is so stupid to sell a share when it has potential to raise further.
Hallo....let see tomorrow...if weekly candle can close green..really need holding power lah...support at 1.47..as long as above 1.50 still ok..u can see this stock previously up slowly before boom..if u see weekly chart,still on uptrend.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
RainT
8,448 posts
Posted by RainT > 2019-09-16 19:08 | Report Abuse
PE too high
still buy more
haha