MY EG Services Bhd (MyEG) looks set for another record financial year with a double-digit growth, having delivered a 63% growth in earnings to RM53.9mil for the third quarter ended March 31, 2017.
That raised its nine-month earnings to RM142.03mil, up 55% compared to the same period in the preceding financial year, according to the e-Government service provider’s latest interim financial report to the stock exchange.
Read more: MyEG on track for another record year with strong growth
The Communications And Multimedia Ministry (KKMM) is committed to ensure the development and comprehensive use of the big data in the country to enhance the government's ability to provide best service to the people.
Deputy secretary-general (operations), Datuk Dr Mohd Ali Mohamad Nor said the government''s ability, especially in decision-making based on facts and information, could also be enhanced with the implementation of the big data pilot project.
Read more: MY: KKMM committed to development, comprehensive use of big data in the country
alaysia’s electronic government services provider MyEG is in talks to buy a controlling stake in food review website Eat Drink KL.
According to the report in The Edge on Wednesday, MyEG is close to sealing a deal with the website owned by former Associated Press journalist Sean Yoong. The terms of the deal were not disclosed.
My EG Services Bhd (MyEG) is buying a 67% stake in the EatDrinkKL digital platform that provides reviews and news on the food and beverage businesses.
In a filing with Bursa Malaysia, the e-Government services provider said its unit My EG Capital Sdn Bhd had entered into a shareholders agreement with Essential Reviews Sdn Bhd - the sole owner of the EatDrinkKL’s intellectual property rights - and its only shareholder Sean Cornelius Yoong Wan Yen to purchase the stake.
Read more: MyEG buys controlling stake in restaurant review portal
As we enter the early stages the era of the Internet of Things (IoT), or what has now been coined as the ‘Fourth Industrial Revolution’, it is now more imperative for governments of major economic countries and businesses to catch up or risk falling behind this new evolution sweeping through global markets. The population is shifting, the young generation of tech-savvy Millennials are rapidly moving into their prime spending years.