Malaysian Business

    Development of IP node between Telekom Malaysia Bhd and Verizon Business 

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    malaysia
    Published on 15-05-2010 10:51 AM
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    Collaboration between Telekom Malaysia Bhd ™ and Verizon Business to build up a new Internet protocol (IP) will enhance Malaysia’s agenda as a regional hub for Internet networking and peering. Verizon Business is wholly owned by a US based Verizon Communication Inc.


    According to TM group chief executive officer Datuk Zamzamzairani Mohd Isa, the collaboration is a stepping stone for Malaysia to expand its agenda as a regional transit hub for global Internet service providers routing traffic. Zamzamzairani representing Telekom Malaysia Bhd ™ and John Doherty, vice-president of strategy and finance from Verizon Business has signed a memorandum of agreement.

    The new IP with competitive prices throughout the nation which is set to launch in the second quarter of 2009 enables TM to offer a high-end network services to the local and also multinational corporations in Malaysia.
    When asked how much profits TM could make from the IP mode, Zamzamzairani declined to answer it. He added that Malaysia has one of the highest Internet traffic in the region and expected it to increase robustly. He said, “In 2007, connectivity from Malaysia to the world was a little more than 40 gigabit per second (Gbps). This year, this figure is expected to be 140 Gbps and in 2011, it would grow even further to 213 Gbps.”
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    Conducting business in Malaysia 

    by
    malaysia
    Published on 15-05-2010 10:31 AM

    Malaysia, one of the fastest growing countries in Asia provides huge market for entrepreneurs to expand their business within the country. Malaysia offers a gateway into other ASEAN market. To begin your business plan in Malaysia, it is a good move to pick up some knowledge on the language used – Bahasa Melayu. But generally, since Malaysia is a multiracial country, you can communicate in English. In certain companies, you can even use Mandarin to communicate with business associates.

    However, considering Malaysia as a multiracial nation, the business etiquette is rather complex with a mixture of various cultures. Generally, here are few tips for entrepreneurs to venture into Malaysian market – cultural customs, appropriate dressing, and rules on gift giving.

    But perhaps, you need to take note on ‘keeping face’. Malaysians, regardless of their races, they prioritize on ‘keeping faces’. It simply means, you are not supposed to create a situation that embarrasses your business counterparts. Malaysians are well-known to be personal and direct with questions and also ‘pushy’ for better bargains. So do not be surprised if they continue to bargain even after the deal is completed.
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