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NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024
Police have started investigating GISB overseas - Saifuddin Nasution

Police have started investigating GISB overseas - Saifuddin Nasution

The police (PDRM) have initiated investigations into companies linked to GISB Holdings Sdn Bhd (GISB), which are operating overseas.
Tue Oct 15 2024
Data centre emissions are soaring - it’s AI or the climate

Data centre emissions are soaring - it’s AI or the climate

Three of the biggest tech companies, Microsoft, Google and Meta, have reported ballooning greenhouse gas emissions since 2020.
Sun Oct 06 2024
AWANI Tonight: Social media licensing law receives pushback from industryy

AWANI Tonight: Social media licensing law receives pushback from industryy

The new social media regulation requiring platforms with over 8 million users to obtain licensing, has met with opposition from major tech companies..
Tue Oct 01 2024
AWANI Tonight: GISB: SSM may revoke business registration if any rules violated

AWANI Tonight: GISB: SSM may revoke business registration if any rules violated

The Companies Commission of Malaysia (SSM) may revoke the business registration of GISB companies and its subsidiaries if they are found guilty of violating public interest and current regulations.
Tue Sep 24 2024
Malaysia records RM17.5 mln in Australia's food exhibition

Malaysia records RM17.5 mln in Australia's food exhibition

This international trade exhibition featured five companies from Malaysia and a Melbourne-based Malaysian , KPKM said in a statement.
Fri Sep 06 2024
Most top Malaysian firms expose customers, staff, and stakeholders to email fraud, attacks - Proofpoint

Most top Malaysian firms expose customers, staff, and stakeholders to email fraud, attacks - Proofpoint

Only 11 pct of Malaysian companies in the Fortune Southeast Asia 500 have implemented the recommended top-level email authentication.
Thu Aug 29 2024
AWS  investment in Malaysia shows confidence in MADANI Economy - PM

AWS investment in Malaysia shows confidence in MADANI Economy - PM

PM Datuk Seri Anwar Ibrahim said AWS's investment is among the largest investments made by global technology companies in Malaysia.
Fri Aug 23 2024
Positive response for MyInvois, even from non-mandatory companies - Lim

Positive response for MyInvois, even from non-mandatory companies - Lim

Many companies have already tried the system, although it's initially aimed at those with annual revenue over RM100 million, said Lim Hui Ying.
Mon Aug 12 2024
Thailand SEZ: Malaysia proposes involvement of private, startup companies - PM

Thailand SEZ: Malaysia proposes involvement of private, startup companies - PM

Datuk Seri Anwar Ibrahim said the proposal was presented to Thai Foreign Minister Maris Sangiampongsa during courtesy call on him yesterday.
Wed Aug 07 2024
DPM Zahid urges construction companies to prioritise hiring local skilled workers

DPM Zahid urges construction companies to prioritise hiring local skilled workers

Datuk Seri Dr Ahmad Zahid Hamidi said the govt will incur long-term losses if the construction sector continues to rely on foreign workers.
Tue Aug 06 2024
Malaysia ranks among top 10 crypto-friendly destinations - Gobind

Malaysia ranks among top 10 crypto-friendly destinations - Gobind

Malaysian's multilingual capabilities enable global companies to serve their international customers effectively, said Gobind Singh Deo.
Thu Aug 01 2024
Bursa Malaysia struggles to stay positive, CI Down 0.78 pct at close

Bursa Malaysia struggles to stay positive, CI Down 0.78 pct at close

Investors remained wary of major central bank decisions, key economic data, and earnings announcements from the US mega-cap companies.
Tue Jul 30 2024
AI and energy: Will AI help reduce emissions or increase demand? Here's what to know

AI and energy: Will AI help reduce emissions or increase demand? Here's what to know

Tech companies are reporting increased emissions due to running the data centres that power AI.
Sat Jul 27 2024
Donation misappropriation probe: MACC freezes 20 bank accounts

Donation misappropriation probe: MACC freezes 20 bank accounts

The accounts belong to individuals and companies believed to have received funds from the public through an online fundraising platform.
Mon Jul 15 2024
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024