Intelligent CIO APAC Issue 46 | Page 18

NEWS

Malaysia MGB Sany selects Epicor to digitise invoicing in line with new Government initiative

Epicor has been selected by Malaysian construction and property development solutions provider MGB Sany to support digitising and streamlining the company ’ s e-invoicing process – in line with regulations set by the Malaysian Government to support the growth of the nation ’ s digital economy .

MGB Sany entrusted Stellar Dynamic Stellar Dynamic – an authorised Epicor partner – to help them select Epicor Kinetic as the right solution to alleviate and solve challenges with manual traceability , slow reporting and capability to analyse data .
MGB Sany ’ s Director Datuk Richard Lim Lit Chek , said : “ One of the most important factors was selecting a solution that could adhere to the new Government initiative on e-invoicing and in turn become a smarter manufacturing business . By deploying a Cloud solution , our teams will now be able to have increased visibility and traceability , leading to better decision-making and analysis of data to help speed up the delivery of products and automate basic but still important tasks .”
Vincent Tang , Vice President , Asia , Epicor , said : “ With the introduction of a new Government mandate coming into effect later this year in Malaysia , our teams are on hand to continue to be trusted advisors to ensure that the right Country Specific Functionality ( CSF ) is applied and companies like MGB Sany will be safe in the knowledge that through e-invoicing the likelihood of errors is greatly diminished – his frees up valuable resources to focus on other aspects of business .

Maiden satellite launch marks new era of Mongolian space industry

Mongolia becomes the latest country to enter the global space industry with the launch of its first satellites , ushering in new era of innovation and investment for the nation ’ s burgeoning tech sector .

Two low-earth-orbit nano satellites were successfully launched into space aboard Space-X ’ s Falcon-9 rocket from Vandenberg Space Force Base launch site , California .
The Government of Mongolia has also announced it will establish a ‘ space sandbox ’ to support the continued growth of the domestic space sector , providing regulatory and policy support for companies to conduct testing and R & D in Mongolia while making use of the country ’ s newly enhanced connectivity and competitive talent pool .
The dual satellite network and space sandbox is intended to position Mongolia as a high-value investment and research destination for global companies across the space and technology sectors .
Mongolia Minister of Digital Development and Communications , Uchral Nyam-Osor , said : “ Introducing a regulatory sandbox within a comprehensive legislative framework aimed at facilitating the business landscape for cutting-edge technologies will ensure that the government actively fosters ongoing growth and innovation across key domains such as the space economy , Artificial Intelligence , IoT and other emerging technologies .
“ Leveraging its amicable relations with key stakeholders in the space economy , Mongolia also aims to cultivate its talent pool to strengthen its position in the global landscape .”
Enabling Digital Transformation across Mongolia is one of the central pillars of the Government ’ s Vision 2050 and New Recovery Policy . p
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