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MBAM Calls For Lower Taxes And Duties On Construction Machinery

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 2 (Bernama) – Lower taxes and duties on construction machinery, along with improved access to financing and reasonable interest rates for industry players and builders, were among the proposals put forward by the Master Builders Association Malaysia (MBAM) for Budget 2025.

Oracle to Invest More Than US$6.5 Bln in AI and Cloud Computing In Malaysia

KUALA LUMPUR, Oct 2 (Bernama) -- Oracle today announced that it plans to invest more than US$6.5 billion (US$1 = RM4.15) to open a public cloud region in Malaysia to meet the rapidly growing demand for its artificial intelligence (AI) and cloud services here.

Third Sector In Islamic Finance Can Play Significant Role In Sutainable, Equitable Development - Fadillah

PUTRAJAYA, Oct 1 (Bernama) -- The government views third sector organisations in Islamic finance, including zakat (tithe), waqf, and infaq institutions, as having a significant role in ensuring sustainable and equitable economic development in the country, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

MITI Commits To Sustainable Markets And Net-zero Pathway

KUALA LUMPUR, Oct 1 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will ensure industry access to sustainable markets, while improving resource efficiency, strengthening governance and supporting the country's net-zero target.

UMC, Ngee Ann Polytechnic Team Up To Amplify Semiconductor Talent Pipeline

KUALA LUMPUR, Oct 1 (Bernama) -- United Microelectronics Corporation (UMC), a global semiconductor foundry, has signed a memorandum of understanding (MoU) with Ngee Ann Polytechnic (NP) to enhance training for engineering talents and expand the workforce for the growing semiconductor industry.

Budget 2025 Set To See Substantial Increase In Allocations On Solid Economic Growth - Economist

PUTRAJAYA, Oct 1 (Bernama) – Budget 2025 is set to see a substantial increase in allocations, driven by Malaysia's solid economic growth and rising government revenues, according to the deputy president of the Malaysian Economic Association, Professor Dr Yeah Kim Leng. 

Neoteric Engineering Is Grand Champion In SME Bank's Sandbox Swiss Innovation Challenge 2024

KUALA LUMPUR, Oct 1 (Bernama) -- Neoteric Engineering Sdn Bhd is the grand champion in SME Bank Bhd’s Sandbox Swiss Innovation Challenge (SSSIC) 2024 open category and won RM30,000.

China-ASEAN Industrial Chain And Supply Chain Conference Injects Impetus For Cooperation

KUALA LUMPUR, Oct 1 (Bernama) -- The China-ASEAN (Baise-Cao Bang) Industrial Chain and Supply Chain Cooperation and Innovative Development Conference, held in Nanning, China, witnessed the signing of 19 projects valued at 20.663 billion Chinese yuan. (100 Chinese yuan = RM59.24)

Malaysia, South Korea Aim To Enhance ICT MoU, Focus On AI Tech

From Hasnah Jusid

SEOUL, Oct 1 (Bernama) -- Malaysia and South Korea aim to enhance the Memorandum of Understanding (MoU) on bilateral cooperation in the field of Information and Communication Technology (ICT), which was signed in 2019, by November this year.

Softer Economy, Rate Cuts To Boost Preferred Securities In Utilities, Regional Banks - Manulife

KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.

SC Unveils Regulatory Sandbox To Boost Tokenisation Innovation

KUALA LUMPUR, Oct 1 (Bernama) -- The Securities Commission Malaysia (SC) will introduce a regulatory sandbox framework that provides a controlled environment for testing innovative products and services while ensuring investor protection.

Prai Power Plant: A Symbol Of Excellence And Innovation

KUALA LUMPUR, Oct 1 (Bernama) -- Malakoff Corporation Bhd’s Prai Power Plant stands as a symbol of excellence and innovation in Malaysia’s energy sector.