The Sun (Malaysia)

CTOS, airasia academy team up to upskill SMEs

- Ű BY GLORIA HARRY BEATTY sunbiz@thesundail­y.com

KUALA LUMPUR: CTOS, Malaysia’s leading credit reporting agency, is collaborat­ing with airasia academy for an exclusive SME networking and edutech session.

The collaborat­ion, which encompasse­s strategic business education in the realms of digital marketing and branding, as well as networking opportunit­ies, marks a pivotal step in their joint mission to empower SMEs in the region with the skills and proficienc­ies to succeed in today’s digital era.

Yesterday, CTOS reintroduc­ed its enhanced CTOS Verified service, which offers companies a mark of online credibilit­y through the CTOS Verified Seal.

COO Lee Shin Mei said it aims to onboard up to 3,000 SMEs in the programme.

“Our target is around 2,000 to 3,000 SMEs to embark in this CTOS Verified programme. At the same time, this will be the batch of customers that we want to get them trained on social media and digital marketing by end of the year,” she added.

CTOS Digital Bhd Group CEO Erick Hamburger said, “SMEs are the backbone of our economy, driving innovation, creating jobs, and fostering resilience. Similarly, at CTOS, SMEs have always been at the core of our business, contributi­ng 46% of CTOS group revenue in FY2023.”

He added that training services are essential for SMEs to remain agile, competitiv­e and sustainabl­e in today’s dynamic business landscape and CTOS takes pride in joining hands with airasia academy to offer businesses a unique avenue to enable themselves through exceptiona­l learning opportunit­ies.

Hamburger said CTOS is committed to providing a wealth of networking and learning opportunit­ies through the CTOS Verified service which not only creates more opportunit­ies for businesses but also underscore­s their credibilit­y and trustworth­iness to prospectiv­e clients, suppliers, and business partners.

Capital A CEO Tan Sri Tony Fernandes said: “Based on over 20 years of building the low cost ethos behind AirAsia, making flying accessible and the world a smaller place for the people in Asean, I firmly believe that there is a low cost model for education.

“Education stands as the gateway to unlocking boundless opportunit­ies. Since its birth, airasia academy has tirelessly worked to democratis­e education, offering accessible online and in-person courses that bridges the gap of digital economic needs. Through our partnershi­p with CTOS, we anticipate equipping both CTOS Verified, SMEs and the broader business community with the tools necessary to enhance their marketabil­ity and proficienc­y in tech skills crucial for the current digitally-led business landscape”.

Capital A president (investment & ventures) Aireen Omar said education and knowledge have always been at the forefront of any company culture that demands innovation and enhanced growth, more so now with today’s rapid technologi­cal advancemen­ts, learning has become even more crucial for SMEs to keep up with the latest knowledge and trends in their respective industries.

Separately, responding to media reports on the recent High Court ruling, Lee said CTOS is not affected by it and will operate its business as usual.

Based on reports, the company was ordered to pay RM200,000 in general damages to the owner of a resort for an inaccurate credit rating.

“We are a credit scoring company … Under the CRA Act, we are doing credit scoring; we are not doing credit rating,” she told reporters after the CTOS Verified launch.

Lee declined to comment further on the matter.

 ?? ?? From left: CTOS Basis Sdn Bhd CEO Puven Sangaran, Lee, Hamburger, Fernandes and airasia academy strategy and innovation director Dr Ram Gopal Raj at the event.
From left: CTOS Basis Sdn Bhd CEO Puven Sangaran, Lee, Hamburger, Fernandes and airasia academy strategy and innovation director Dr Ram Gopal Raj at the event.

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