Labuan IBFC Embraces Blockchain, AI To Boost Fintech Growth
LABUAN, Oct 9 (Bernama) -- The increasing interest in digital assets and alternative financial instruments is driving innovation and growth within Labuan's financial sector.
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Malaysia’s Strategy As ASEAN Chair In 2025 Is For Grouping To Bolster Regional Value Chains
From Sharifah Hunaini Syed Ismail
VIENTIANE, Oct 9 (Bernama) -- Malaysia has outlined three strategies for ASEAN when it takes over the grouping’s chairmanship in 2025, including bolstering regional value chains and regulatory cooperation.
Asia Must Address Climate Change And Rising Energy Demand -- Mitsubishi Power
KUALA LUMPUR, Oct 8 (Bernama) -- Asian countries must address both climate change and rising energy demand to meet their economic ambitions, said Mitsubishi Power executive vice-president Takao Tsukui.
Provide Tax Exemptions To Enhance ESG Ratings Of Rubber Gloves Sector - MARGMA
KUALA LUMPUR, Oct 2 (Bernama) -- The Malaysian Rubber Gloves Manufacturers Association (MARGMA) hopes the government will provide better tax exemptions for them in Budget 2025 to enhance the sector’s environment, social, and governance (ESG) ratings.
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.
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)
Budget 2025: Mycron Steel Calls For Public-Private Partnerships To Help Malaysia Achieve Carbon Neutrality
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 29 (Bernama) – Steel manufacturer Mycron Steel Bhd, which just signed a memorandum of understanding (MoU) with Japan’s JFE Steel Corporation to drive green solutions in Malaysia, has called for public-private partnerships to be prioritised in Budget 2025 to help Malaysia achieve carbon neutrality by 2050.
Northeast Aims To Raise RM84.5 Mln From ACE Market IPO
GEORGE TOWN, Sept 26 (Bernama) — Northeast Group Bhd aims to raise about RM84.5 million from its initial public offering (IPO) ahead of its ACE Market listing on October 15.
Sulaiman Mahbob: Steering MIDA Through Economic Crossroads
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 20 (Bernama) -- As Tan Sri Sulaiman Mahbob concludes his tenure as chairman of the Malaysia Investment Development Authority (MIDA) on Sept 2, 2024, his leadership has left an indelible mark on Malaysia’s investment landscape.
MIDA, Alliance Bank Host CBAM Workshop To Explore Sustainable Industrial Practices
KUALA LUMPUR, Sept 18 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Alliance Bank Malaysia Bhd hosted the inaugural Carbon Border Adjustment Mechanism (CBAM) workshop to explore the potential of CBAM in revolutionising sustainable industrial practices.
National Single Window Initiative Will Boost Malaysia-China Trade -- MITI
KUALA LUMPUR, Sept 17 (Bernama) — The Investment, Trade and Industry Ministry (MITI) is confident that Malaysia's single window trade initiative, to harmonise with China's customs system, will facilitate business and trade operations by reducing red tape, coordinate and launch Malaysia-China cross border trade processes.
Jingxi City Enhances Processing Industry To Spur Local Economic Growth
KUALA LUMPUR, Sept 17 (Bernama) -- The first shipment of locally processed salt-baked cashews from Jingxi City, Guangxi, was exported to Kazakhstan recently, marking a new breakthrough for the city's processing industry.