Tag: #TECHNOLOGY

  • Pioneering Sustainability: World’s First Shariah-compliant Greentech Fund by Malaysian Green Technology and Ficus Capital

    Pioneering Sustainability: World’s First Shariah-compliant Greentech Fund by Malaysian Green Technology and Ficus Capital

    Ficus Capital, recognized for its dedication to Environmental, Social, and Governance (ESG) and Islamic investments, joined hands with the Malaysian Green Technology and Climate Change Corporation (MGTC) to introduce the inaugural Shariah-compliant Greentech Fund worldwide. The announcement was made at the prestigious International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2023) held at the Kuala Lumpur Convention Centre, with YB Dato’ Sri Huang Tiong, the Deputy Minister of NRECC, leading the official launch event.

    The primary objective of the Greentech Fund is to channel investments into green technology projects and enterprises that contribute to Malaysia’s ambition of achieving net-zero greenhouse gas emissions as early as 2050. The setup adheres to Securities Commission rules for Sustainable and Responsible Investment, which mandate that the fund incorporate sustainability considerations such as the Sustainable Development Goals (SDGs) or United Nations Global Impact (UNGC) Principles.

    The Greentech Fund is dedicated to promoting green growth in which investors will actively participate in GHG emissions reduction and avoidance as well as carbon offset schemes and reap financial rewards. This demonstrates how closely the fund adheres to ESG guidelines and highlights its potential to investors looking for financial gain and environmental impact.

    The investments are expected to reduce or avoid more than 9 million tons of greenhouse gas emissions through projects across various green industry sectors, such as Renewable Energy, Biofuel and Biomass Conversion, Waste Management and Biogas, Sustainable Agriculture and Forestry, Sustainable Transportation, and other environmental projects which complement several SDG pillars.

    Investing in green projects and companies harmonises perfectly with our ‘Madani Economy: Empowering the People’ framework, aiming to enhance lives and reshape our economic landscape.” said Ts Shamsul Bahar Mohd Nor, Group Chief Executive Officer of MGTC.

    Over the past 25 years, MGTC has led Malaysia’s green industry, bringing in substantial green investments worth over RM50 billion, that have reduced 16.4 million metric tonnes of GHG emissions and creating over 23,000 green jobs. Initiatives such as the Green Technology Financing Scheme (GTFS), MyHIJAU Mark, and Green Tax Incentives have catalysed positive change in the green economy sector.

    GTFS has played a pivotal role in propelling green technology development in Malaysia by providing essential financial backing. Yet, throughout its implementation since 2010, there is a notable financing gap of RM14.5 billion. The demand for green capital and green financing outweighs the supply. Greentech Fund can complement these efforts by providing equity-based financing to green companies and green projects. This approach can encourage innovation, entrepreneurship, and the growth of sustainable businesses in Malaysia, thereby expanding the landscape of sustainable funding options for green companies.

    “A tactical approach to address these financial gaps is establishing the Greentech Fund. This will support innovation, encourage entrepreneurship, and propel the expansion of sustainable enterprises in Malaysia by providing equity-based funding to green projects and businesses. It significantly expands the sustainable finance choices accessible to eco-friendly projects and businesses. This aligns with our goal of decreasing carbon emissions, contributing RM100 billion in green investment, and creating 230,000 green jobs by 2030.” Ts. Shamsul Bahar added.

    Ficus Capital recognises the vast potential within green investments, particularly in Southeast Asia, primarily focusing on Malaysia. “Our fund is strategically designed to offer attractive returns to investors while aligning with their growing interest in climate change mitigation opportunities. Partnership with MGTC is pivotal in advancing the growth of projects and companies in Malaysia while reinforcing our dedication to fostering sustainability and contributing to the nation’s green aspirations,” said Abdullah Hidayat, Co-Managing Partner of Ficus Capital.

    Unlike conventional financing, this fund adheres to Shariah principles, ensuring fair and transparent contracts for its fund’s projects and companies. Fair in this context means that the fund will not impose any interest charges in its investment agreements, and transparency shows that contracts are based on market prices and risk-sharing arrangements.

    The fund is fully aligned with ESG principles, making it a champion of responsible investing. The fund focuses on the Quadruple Bottom Line, encompassing People, Planet, Profit, and Principle. This framework is an integral part of the larger ESG-Islamic framework embraced by the fund, highlighting its dedication to holistic sustainability.

  • The BENQ ALL-NEW W4000I 4LED 4K PROJECTOR RAISES HOME THEATER EXPERIENCE THROUGH ADVANCED HDR VISUAL QUALITY

    The BENQ ALL-NEW W4000I 4LED 4K PROJECTOR RAISES HOME THEATER EXPERIENCE THROUGH ADVANCED HDR VISUAL QUALITY

    The all-new 4LED 4K home projector W4000i, from BenQ, the leading DLP 4K projector brand, is the newest product for audio-visual fans and offers an upgraded and immersive home theater experience with unmatched image quality as filmmakers envisage in any space.

    The W4000i incorporates BenQ’s pioneering HDR-PRO projector-optimised high dynamic range techniques, including Local Contrast Enhancement to reveal fine details in bright or dark scenes. It also delivers consistently balanced brightness well-suited for various environments, from dedicated AV rooms to daytime living rooms. Furthermore, the W4000i offers professional-standard colour gamut performance, meeting the standards of future-generation BT. 2020. In addition, the W4000i features an LED light source that provides long lasting life span and colour accuracy.

    Recreating Genuine Cinema Experiences at Home

    Home theatres have become more popular as consumers demand high- quality video and immersive viewing experiences in recent years, with the new wave of streaming platforms such as Netflix, Disney+ and Amazon Prime becoming widely available. On a global level, video accounts for 65% of all Internet traffic, with a large proportion attributed to streaming platforms such as Netflix and YouTube. 

    “BenQ is delighted to meet the needs of those looking to recreate an immersive cinematic experience at home with the new W4000i,” said Jeffrey Liang, President of BenQ Asia Pacific. “The W4000i delivers an unparalleled cinematic experience through the true 4K resolution combining our cutting-edge HDR-PRO and CinematicColor Technology, presenting images as directors envisioned. The certified Android TV comes with native Netflix and 5000+ other apps, redefining home entertainment for audiences.”

    Meticulous Details from Bright to Dark Scenes with BenQ HDR-PRO

    BenQ-proprietary HDR-PRO technology takes home theatre experiences to the next level by imbuing HDR10+ / HDR10 / HLG content with magnificent depth, revealing previously hidden cinematic details in bright and dark scenes.

    The W4000i is equipped with HDR-PRO technology that enhances the projectors’ overall dynamic range with industry-leading Local Contrast Enhancement and optimal HDR Tone Mapping, enabling perfect details in shadows and highlights for better stereo perception. The Local Contrast Enhancement is a cutting-edge algorithm that divides each scene into 1000+ zones and optimises each zone’s gamma independently. It also preserves fine details in bright regions as well as shadowy areas of the screen, which sets BenQ’s home projectors apart from the competition.

    CinematicColor Presents Authentic Colors as Directors Envision for Optimal Home Theatre Experiences

    The W4000i provides true 4K HDR image quality with CinematicColor technology. It conforms precisely to the 100% Rec.709 HDTV colour space, the wider 100% DCI-P3 digital filmmaking colour spectrum, and even the super-wide BT.2020 ideal-colour future standard. Harnessing a LED light source, the W4000i produces ideally balanced brightness and colour performance in different rooms of the house. In addition, the W4000i comes with CinematicColor Factory Calibration Report to ensure out-of-box colour accuracy.

    Google-Certified Android TV with Netflix and Installation Flexibility Brings Home Entertainment to the Next Level

    The W4000i 4K home cinema projector is equipped with a Google-certified Android TV and a preloaded Netflix app for endless streaming and movie enjoyment, augmented by comprehensive AV connectivity, wireless capabilities, and integrated immersive audio systems to complete your home theatre experience.

    The W4000i also features a 4LED light source, 3200 ANSI-lumen high brightness and the flexibility of projecting 1.3X big zoom on a 100” screen from just 2.5m, 2D lens shift (Vertical 0%-60%; Horizontal ±15%) and 2D keystone, which can fit in any rooms.

    The BenQ W4000i is available for purchase at RM 14,999 on Shopee from 15 August 2023 onwards. For more information about BenQ W4000i 4K home cinema projector visit BenQ Official Page