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Malaysia's Semicon Sector Can Enhance Southeast Asia's Tech Landscape -- IC Design Experts

KUALA LUMPUR, Oct 16 (Bernama) -- Experts from integrated circuit (IC) design industry players Skyechip, Weeroc, and Chipsbank have emphasised the potential of Malaysia’s semiconductor sector to enhance Southeast Asia’s technology landscape at the Selangor Smart City and Digital Economy Convention (SDEC) 2024 today.

Federal Govt's Debt Growth Expected To Decrease To 7.5 Pct At End-2024

KUALA LUMPUR, Oct 16 (Bernama) -- The federal government’s debt growth trend is expected to continue to decrease, ending 2024 at around 7.5 per cent compared to 8.6 per cent in 2023 and 10.2 per cent in 2022, according to the Ministry of Finance (MoF).

Allianz Life Extends Coverage For Critical Illness Riders

KUALA LUMPUR, Oct 16 (Bernama) -- Allianz Life Insurance Malaysia Bhd has launched the Complimentary Multi-Claim Critical Illness (CI) coverage campaign, which provides its customers with a vital safety net not just for their first CI diagnosis but for future diagnoses as well.

AITO Presents Outstanding SUVs Lineup At Paris Motor Show 2024

KUALA LUMPUR, Oct 16 (Bernama) -- AITO, a high-end intelligent electric vehicle brand, has appeared at the Paris Motor Show 2024, displaying an outstanding lineup of three luxury Range Extended Electric Vehicles (REEVs).

MIDA, MTUN Deal To Boost Highly-skilled Workforce

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Malaysian Technical Universities Network (MTUN) today formalised a collaboration to bolster Malaysia’s high-skilled workforce through the signing of a Memorandum of Understanding (MoU).

Xsolla Partners IT Park Uzbekistan To Unlock New Level In Game Development

KUALA LUMPUR, Oct 16 (Bernama) -- Global video game commerce company, Xsolla has signed a memorandum of understanding (MoU) with IT Park Uzbekistan to advance the gaming industry in Uzbekistan.

FBM KLCI Futures Lower In Early Trade

KUALA LUMPUR, Oct 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were lower in the early trade today, tracking the underlying cash market. 

Govt Only Borrows To Fund Fiscal Deficit, Maturing Debt - Amir Hamzah

 KUALA LUMPUR, Oct 15 (Bernama) -- The Ministry of Finance (MoF) only borrows to finance the fiscal deficit and maturing debt to always ensure that it does not borrow excessively. 

Astronautic Not Profit-based Company, But Was Strategic For Satellite Development - MoF

KUALA LUMPUR, Oct 15 (Bernama) -- Astronautic Technology Sdn Bhd (ATSB), a company previously owned by the Minister of Finance (Incorporated), was not a profit-based company but was strategic for the development of satellites.

Govt Recovers RM27.17 Bln Linked To 1MDB As Of September 2024 - Yeoh

KUALA LUMPUR, Oct 15 (Bernama) -- The government has recovered a total of RM27.17 billion related to 1Malaysia Development Bhd (1MDB) as of Sept 30, 2024. 

Sarawak Signs MoU With MEASAT To Support Space Industry Development

KUCHING, Oct 15 (Bernama) -- The Sarawak Multimedia Authority (SMA) has signed a memorandum of understanding (MoU) with Malaysia’s premier satellite solutions provider, MEASAT Global Bhd (MEASAT), to enhance Sarawak’s space industry development.

Budget 2025: Introduce Tax Rebate Mechanism To Encourage Public To Appreciate Creative Arts

KUALA LUMPUR, Oct 15 (Bernama) -- The government has been urged to introduce a mechanism under Budget 2025 that allows Malaysians to enjoy tax rebates when spending in the creative arts industry.