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Century Software: Driving business solutions

By Philippe Le Saux
- Jun 26, 2013
Credit : GMI Post

censof Group Managing Director Datuk Samsul Husin

A member of the fast-growing censof Group of Companies, censof was set up in 1997 by a former government accountant who saw an opportunity to improve accountancy via innovative technology.

“My partners and I decided to develop a financial management system that specifically catered to the government as a way to create a niche market. We are now only starting to look at other markets. We know that we are capable of competing with anyone globally,” explained group managing director Datuk Samsul Husin.

Through the years, censof has had success with several landmark projects of the Malaysian government. Currently, censof is working with the ministry of finance on the Outcome—Based Budgeting (OBB) project, which involves twenty— seven government ministries. The OBB project streamlines planning and performance monitoring, and comes with a result framework and a budget portal.

censof is also participating in the development of the Malaysian Social Security System’s core system.

“We are part of the e-RAS (Electronic Revenue Accounting System) project with the Inland Revenue Board of Malaysia. We are very proud of this project. The Web-based payment system reduced total processing time for payments from more than a month to just a few days,” said Samsul.

Following a successful IPO in 2011, censof is looking for opportunities to expand overseas. It now has offices in Atlanta, Sydney, and Jakarta. censof has shown huge interest in developing its business in the United States, where it worked on analytic reporting for organizations such as the New York Times.

“In terms of our products, we have our own, which are technically on par with any other product in the world. Our solutions provide value for money compared to other products in the market. We own these products, which gives us the flexibility required to specifically help our clients in reducing their costs and improving their efficiency,” he said.

PENANG: Hub of SEA cruise destinations

Jun 26, 2013
Credit : GMI Post

The Swettenham Pier Cruise Terminal in Georgetown, Penang

Fondly called the Pearl of the Orient, the island of Penang is located on the northwest coast of peninsular Malaysia by the Strait of Malacca, the main shipping channel that has linked Europe and Asia since the spice trade centuries ago.

That history gave Penang a unique heritage and culture that fused East and West. The capital, George Town, boasts a large number of well-preserved colonial-era buildings, for which it was given World Heritage status by UNESCO.

Penang is connected to an integrated network of cruise destinations via Swettenham Pier Cruise Terminal (SPCT), which is the only entry point for tourists arriving on the island by cruise ship.

The 400-meter long, T-shaped terminal and two 80-meter inner berths can accommodate some of the world’s largest vessels. Ships and cruise lines that have docked in SPCT include Star Cruises, Royal Caribbean International, Aidacara, Seabourn, P&O, Princess, Silversea, Costa Crociere, Cunard, RMS Queen Mary, and Queen Elizabeth 2.

Located within George Town, SPCT is a port city that provides passengers with easily available ways to explore Penang: bicycles, trishaws, taxis, and executive coaches. Visitors can also explore the city on foot, as many sites are found nearby.

In charge of managing SPCT, the Penang Port Commission has plans to further expand the facilities and promote the island in key markets such as Miami, Barcelona, Istanbul, Singapore, and Hong Kong.

The Penang Port Commission is also seeking partners in Asia, Europe, and United States to develop the island as the best cruise hub in Malaysia and a top cruise destination.

Note: This Special Report on Malaysia originally appeared in Foreign Affairs in July 2013 (Credit: Philippe Le Saux

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Malaysia 2013 was prepared for and originally printed in Foreign Affairs magazine.

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