Export Duty Rates For CPO Revised To Ensure Domestic Supply - MOF
KUALA LUMPUR, Oct 18 (Bernama) -- The export duty rates for crude palm oil (CPO) have been revised to ensure an adequate domestic supply of the commodity.
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Tax Break Proposed For Labuan Takaful, Islamic Finance - MoF
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption for Labuan commercial entities conducting Islamic financial activities, including Labuan takaful and eligible related businesses, according to the Ministry of Finance (MoF).
Budget 2025 Puts Forth Clear Call To Action For Board Directors -- ICDM
KUALA LUMPUR, Oct 18 (Bernama) -- The MADANI government's Budget 2025 has put forth a clear call to action for board directors, namely to proactively step up, lead with purpose, exercise risk leadership, embrace diversity and innovation and prioritise people and talent to champion the national agenda.
Budget 2025 : Microsoft Says Committed To Partnering With Govt To Drive Responsible AI Innovation In Malaysia
KUALA LUMPUR, Oct 18 (Bernama) -- Microsoft is committed to partnering with the government to drive responsible artificial intelligence (AI) innovation in Malaysia, enabling a future where digital transformation benefits everyone.
e-Invoice: Govt Proposing To Expedite Capital Allowance Claim For ICT Expenditure
KUALA LUMPUR, Oct 18 (Bernama) -- The government has proposed to shorten the full claim period for capital allowances on the purchase of information and communication technology (ICT) equipment, computer software packages, and consultancy fees from three years to two years.
Govt Proposes 60 Pct Tax Exemption For Smart Logistic Companies - MoF
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption equivalent to an investment tax allowance of 60 per cent on eligible capital expenditure for five years, to be offered to Smart Logistic Complex (SLC) companies, according to the Ministry of Finance (MoF).
Almost RM1 Billion Allocated For Five Seasons In Two Years Paddy Cultivation Initiative
KUALA LUMPUR, Oct 18 (Bernama) -- Almost RM1 billion has been allocated to kickstart the five-season paddy planting project within two years, under Phase 1 of the Muda Agricultural Development Authority (MADA), covering nearly 11,000 hectares, said Prime Minister Datuk Seri Anwar Ibrahim.
Govt To Introduce New Investment Incentive Framework, RM1 Bln Strategic Investment Fund - Anwar
KUALA LUMPUR, Oct 18 (Bernama) -- A new Investment Incentive Framework will be introduced, including a strategic investment fund worth RM1 billion aimed at enhancing the capacity of local talent and encouraging high-value activities to be carried out in the country.
Duck Creek Technologies Named Leader In P&C Insurance Technology Space By Gartner
KUALA LUMPUR, Oct 18 (Bernama) -- Duck Creek Technologies, an intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry, has been positioned by Gartner as a Leader in the 2024 Gartner “Magic Quadrant for SaaS P&C Core Platforms, North America”.
SME Bank Launches FundFest To Empower Entrepreneurs, Bridging The Financing Gap
KUALA LUMPUR, Oct 18 (Bernama) -- SME Bank Malaysia Bhd has launched the SME Bank FundFest 2024, aimed at providing budding entrepreneurs, innovative startups, and growing businesses with opportunities to access funding facilities and participate in knowledge exchange sessions.
Veea, Indonesia’s ICT To Provide Advanced Wireless Connectivity, Asset Tracking In Southeast Asia
KUALA LUMPUR, Oct 18 (Bernama) -- Veea has partnered with Inti Cakrawala Teknologi (ICT), a next-gen digital connectivity solutions provider, to bring advanced connectivity solutions and asset tracking for ICT’s mining and energy clients in Indonesia and throughout Southeast Asia.
H2O.ai Unveils Compact, Cost Efficient Multimodal Foundation Models for Document AI
KUALA LUMPUR, Oct 18 (Bernama) -- H2O.ai, the leader in open-source generative artificial intelligence (GenAI), announced H2OVL Mississippi 2B and 0.8B, two powerful new multimodal foundation models designed specifically for optical character recognition (OCR) and Document AI use cases.