Income From Crypto Activities Subject To Income Tax Act 1967 -- MOF

KUALA LUMPUR, Aug 29 (Bernama) -- Income derived from digital cryptocurrency activities such as trading, mining, and exchange in Malaysia is subject to income tax under Section 4 of the Income Tax Act 1967 because digital currencies are classified as commodities that can be considered business income.

MITI Confident ASEAN Will Reach Substantial Agreement On DEFA By Year-End

KUALA LUMPUR, Aug 28 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz is confident ASEAN will reach a full agreement on the ASEAN Digital Economy Framework Agreement (DEFA) by the end of this year.

Sarawak Intensifies Collaboration With Penang In Semiconductor Industry

GEORGE TOWN, Aug 28 (Bernama) -- Sarawak is intensifying strategic cooperation with Penang in an effort to strengthen the country's semiconductor industry supply chain and ecosystem, particularly in the electrical and electronics (E&E) sector.

NACC 2025 Focuses On Govt Commitment To Turn Malaysia Into Cargo Aviation Hub

KUALA LUMPUR, Aug 27 (Bernama) – The government’s initiatives and commitment to develop four airports in the country into cargo aviation hubs were the focus of the National Aviation Consultative Council (NACC) 2025 meeting, according to the Transport Ministry.

EdgeconneX Doubles Down With Second 150MW Data Centre In Greater Osaka

KUALA LUMPUR, Aug 27 (Bernama) -- EdgeConneX has announced the acquisition of its second data centre site in the Greater Osaka and Yawata areas of Japan, bringing its total data centre platform capacity to 350 megawatts (MW) of utility power, further highlighting the region's significant scalability potential.

China’s Guigang Gears Up For 2025 EV Conference, Marks 10 Years Of Industry Growth

KUALA LUMPUR, Aug 27 (Bernama) -- Guigang City is accelerating its momentum in the global electric vehicle (EV) race, as officials announced the Fifth (2025) New Energy Electric Vehicle Industry Development Conference will be held in Nanning on Aug 28.

Federal Govt To Develop Policy, Guidelines, And Explore Creation Of Blue Carbon Credit Trading Platform

KUALA LUMPUR, Aug 27 (Bernama) -- The Federal Government will develop policies or guidelines and explore the creation of a platform for trading blue carbon credits, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

USABC Drives Forward Malaysia's Efforts On ASEAN DEFA

KUALA LUMPUR, Aug 26 (Bernama) -- The US-ASEAN Business Council (USABC), in collaboration with the Ministry of Investment, Trade and Industry (MITI), organised an in-country workshop on Monday, serving as a strategic platform to support Malaysia’s role as a regional digital leader. 

Clear Objectives Vital For Regional Economic Progress -- IDEAS

KUALA LUMPUR, Aug 26 (Bernama) -- Asian countries can continue to advance regional economic interests and strengthen their collective resilience by maintaining clarity on their objectives and not succumbing to external uncertainties.

Senegal Calls On Malaysian Companies To Invest And Use It As Gateway To Africa

By Rosemarie Khoo

KUALA LUMPUR, Aug 26 (Bernama) -- Senegal is inviting Malaysian companies to invest and form strategic partnerships in the West African nation as part of its ambition to become Malaysia’s gateway to Africa, which has a huge consumer base.

Calabrio To Merge With Verint In US$2 Bln Deal Backed By Thoma Bravo

KUALA LUMPUR, Aug 26 (Bernama) -- Calabrio, a leader in customer experience (CX) automation, announced that it will merge with Verint Systems Inc (Verint) in a US$2 billion all-cash transaction led by software investment firm Thoma Bravo. (US$1=RM4.20)

Khazanah's Role In Venture Capital Ecosystem Remains Vital, Fund Should Widen Focus On Higher Economic Multipliers Like Agri-Food Business

By Saraswathi Muniappan

KUALA LUMPUR, Aug 26 (Bernama) -- Sovereign wealth fund Khazanah Nasional Bhd still has an effective role to play in the venture capital ecosystem, especially in promoting entrepreneurship and fuelling future economic growth engines, despite recent setbacks such as the losses incurred from its investment in FashionValet Sdn Bhd.