Latest news with #TMOne
The Sun
3 days ago
- Business
- The Sun
TM One, Agrobank forge five-year tie-up to accelerate digital transformation in agriculture sector
PETALING JAYA: TM One, the enterprise and public sector business solutions arm of Telekom Malaysia Bhd (TM), has formalised a five-year strategic collaboration with Agrobank to accelerate the digital transformation of Malaysia's agriculture and agro-based MSME sectors. The partnership underscores a shared commitment to modernise the nation's agro financial ecosystem through secure, resilient and forward-looking digital infrastructure. Agrobank said that as a leading financial institution focused on rural and agro-based development, it plays a critical role in empowering farmers, cooperatives and MSMEs. The collaboration with TM One strengthens this mandate through the deployment of advanced connectivity, cloud, cybersecurity and managed ICT services across Agrobank's nationwide network. TM One executive vice-president Shazurawati Abd Karim said, 'This partnership represents a strategic, co-creative alliance to digitally empower Malaysia's agro community. It aligns with key national priorities such as the National Agrofood Policy and Shared Prosperity Vision 2030, advancing goals around rural digital inclusion, food security, and sustainable agricultural innovation.' She added that they are proud to work alongside Agrobank to unlock the long-term impact to this critical industry, leveraging digital solutions that enable financial inclusion, operational resilience and sustainable growth. 'This is a pivotal part of TM's Digital Powerhouse 2030 commitment to pioneer digital growth through technology leadership, shaping future-ready industries and creating inclusive digital progress for all Malaysians,' she said. According to Agrobank group president and CEO Datuk Tengku Ahmad Badli Shah Raja Hussin, 'We are honoured to collaborate with TM One in driving the digital transformation of Malaysia's agro and rural sectors. This strategic partnership reflects Agrobank's unwavering commitment to embracing innovation and technology as key enablers in enhancing the efficiency, accessibility and inclusivity of our financial services. With TM One's proven capabilities, we are confident that this collaboration will strengthen our service delivery and empower agropreneurs nationwide through advanced digital infrastructure.' He added that the agriculture sector, once regarded as traditional, is now evolving rapidly in tandem with digital progress. 'The integration of digital solutions demonstrates that agro-based industries are no longer left behind. As a key financier for sectors contributing to national food security, Agrobank is committed to empowering all key players in the industry including farmers and agropreneurs to thrive in a technology-driven economy. This partnership not only reaffirms our role as a development-focused institution but also reflects our readiness to support a future-proof agro ecosystem,' he said. The partnership will include the delivery of a comprehensive suite of TM One's managed secured Software-Defined Wide Area Network services to Agrobank nationwide. These initiatives will enhance Agrobank's operational resilience, network performance, and cybersecurity posture. Broadly, the collaboration will focus on leveraging TM One's capabilities to provide secure, robust and scalable connectivity, especially in urban, rural and semi-urban areas to serve Agrobank and its customer base. Through the collaboration, TM One and Agrobank are enabling financial services, agriculture and digital infrastructure to converge seamlessly, shaping a more inclusive, secure and sustainable future for Malaysia's agro-economy.
New Straits Times
5 days ago
- Business
- New Straits Times
TM One, Agrobank ink five-year deal to drive digital push in agriculture
KUALA LUMPUR: TM One, the enterprise and public sector solutions arm of Telekom Malaysia Bhd, has signed a five-year partnership with Agrobank to accelerate the digital transformation in the agriculture and agro-based sectors. The collaboration aims to modernise the nation's agro-financial ecosystem through secure, resilient and future-ready digital infrastructure, including advanced connectivity, cloud, cybersecurity and managed ICT services. TM One executive vice president Shazurawati Abd Karim said the agreement represents a strategic, co-creative alliance to digitally empower the local agro community. "This is a pivotal part of our commitment to pioneer digital growth through technology leadership, shaping future-ready industries and creating inclusive digital progress for all Malaysians," she said in a statement. Agrobank group president and chief executive officer Datuk Tengku Ahmad Badli Shah Raja Hussin said the partnership will strengthen service delivery and empower agropreneurs nationwide through advanced digital infrastructure. "The agriculture sector, once regarded as traditional, is now evolving rapidly in tandem with digital progress. The integration of digital solutions demonstrates that agro-based industries are no longer left behind," he said. Under the agreement, TM One will deliver a comprehensive suite of Managed Secured SD-WAN services to Agrobank's nationwide operations, enhancing operational resilience, network performance and cybersecurity. The initiatives will leverage TM One's capabilities to provide secure, robust and scalable connectivity, particularly in urban, rural and semi-urban areas, to better serve Agrobank and its customers.
Daily Express
02-08-2025
- Business
- Daily Express
RM200 million Agrofood Financing Fund launched
Published on: Saturday, August 02, 2025 Published on: Sat, Aug 02, 2025 Text Size: Arthur witnessing the exchange of strategic cooperation agreement documents between Agrobank represented by Agrobank Group Chief Operating Officer, Zahid Ahmad Zawawi (right), and TM One represented by TM One's Vice President of Enterprise Business, Megawati Norhashim (second, left). Kota Kinabalu: The Agrofood Financing Fund (DPA) 2025, involving RM200 million, was launched Friday with Agrobank appointed as the implementing agency to further strengthen Malaysia's agrofood sector. Deputy Minister of Agriculture and Food Security Datuk Seri Arthur Joseph Kurup said the fund is designed to enhance national food security and support the long-term sustainability of the country's agricultural and agrofood industries by providing financing facilities to agro-entrepreneurs. 'This programme aims to support entrepreneurs involved in agricultural and agrofood production, covering activities across the entire value chain — from upstream to downstream — including support services. I believe this will greatly benefit grassroots-level entrepreneurs. 'The fund provides financing for both fixed capital, such as asset acquisition and development costs, and working capital, to meet the operational needs of agro-industry players,' he told reporters after launching the fund in conjunction with the National Farmers, Stockbreeders and Fishermen's Day 2025, here, Friday. Also present were the Ministry of Agriculture and Food Security Secretary-General Datuk Seri Isham Ishak, Agrobank Chairman Datuk Yunos Abd Ghani and Agrobank Group President/Chief Executive Officer Datuk Tengku Ahmad Badli Shah Raja Hussin. Arthur said Agrobank will carefully assess each application to determine eligibility, based on pre-established conditions and project scopes. 'At this stage, we do not yet have the number of recipients, as Agrobank will first evaluate all submitted applications. Only then will we determine who qualifies and how many applicants are eligible for the fund,' he said. The DPA fund offers financing ranging from RM50,000 to RM5 million for eligible agro-entrepreneurs, with a profit rate of three per cent per annum. Meanwhile, Arthur said Agrobank and TM One have entered into a strategic collaboration to enhance the bank's digital infrastructure. The partnership aims to improve the efficiency and reliability of Agrobank's financial services, including ATMs, CDMs and online banking, through improved internet connectivity and digital solutions. 'This is a strategic move to accelerate Agrobank's digitalisation and provide a more seamless customer experience, especially for rural communities and farmers who rely on its services,' Arthur said. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
