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Budget 2025 To Accelerate Malaysia's Digitalisation, Adoption Of AI

KUALA LUMPUR, Oct 20 (Bernama) -- The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage the adoption of artificial intelligence (AI) and drive inclusive growth, said the Malaysia Digital Economy Corporation (MDEC).

Budget 2025 Initiatives On AI, Digital Monitoring Systems Can Enhance Transportation Efficiency - Experts

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 20 (Bernama) -- Experts say that key initiatives in Budget 2025 focusing on integrating artificial intelligence (AI) and digital monitoring systems can enhance transportation infrastructure and improve its overall efficiency.

The Father Of Malaysian Islamic Banking, Abdul Halim Ismail Passes Away

KUALA LUMPUR, Oct 20 (Bernama) -- The Father of Malaysian Islamic Banking, Datuk Dr Abdul Halim Ismail, passed away at the age of 85 this morning.

Budget 2025: RM2.184 Bln Allocation For MITI Recognition Of NIMP 2030 Effectiveness

KUALA LUMPUR, Oct 19 (Bernama) --  The allocation of RM2.184 billion for the Ministry of Investment, Trade and Industry (MITI) in Budget 2025 is seen as a recognition of the effectiveness of the New Industrial Master Plan (NIMP) 2030 as a driver of Malaysian industry.

Budget 2025 Aligns With Global Real Estate Trends - Knight Frank

KUALA LUMPUR, Oct 19 (Bernama) -- Budget 2025 emphasised people-centric infrastructure and sustainability that aligned with global real estate trends such as green building practices and transit-oriented developments, said Knight Frank Malaysia.

CGS Malaysia: Budget 2025 To Position Malaysia Competitively, Reinforce Its Global Leadership In Islamic Finance

KUALA LUMPUR, Oct 19 (Bernama) -- The government’s measures and incentives under Budget 2025 prioritise the nation’s competitiveness, especially in positioning Malaysia as an investment and business destination and a strong trading partner, said CGS Malaysia.

Budget 2025 Puts Forth Clear Call To Action For Board Directors -- ICDM

KUALA LUMPUR, Oct 18 (Bernama) -- The MADANI government's Budget 2025 has put forth a clear call to action for board directors, namely to proactively step up, lead with purpose, exercise risk leadership, embrace diversity and innovation and prioritise people and talent to champion the national agenda.

Budget 2025 : Microsoft Says Committed To Partnering With Govt To Drive Responsible AI Innovation In Malaysia

KUALA LUMPUR, Oct 18 (Bernama) -- Microsoft is committed to partnering with the government to drive responsible artificial intelligence (AI) innovation in Malaysia, enabling a future where digital transformation benefits everyone.

Govt Proposes 60 Pct Tax Exemption For Smart Logistic Companies - MoF

KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption equivalent to an investment tax allowance of 60 per cent on eligible capital expenditure for five years, to be offered to Smart Logistic Complex (SLC) companies, according to the Ministry of Finance (MoF).

Highlights From Budget 2025

KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.

H2O.ai Unveils Compact, Cost Efficient Multimodal Foundation Models for Document AI

KUALA LUMPUR, Oct 18 (Bernama) -- H2O.ai, the leader in open-source generative artificial intelligence (GenAI), announced H2OVL Mississippi 2B and 0.8B, two powerful new multimodal foundation models designed specifically for optical character recognition (OCR) and Document AI use cases.

Imminent Surge In US Power Demand Challenges Utilities Companies - Wood Mackenzie 

KUALA LUMPUR, Oct 18 (Bernama) -- Wood Mackenzie in its latest Horizons report revealed that the United States (US) power demand is set to soar for the first time in decades, with growth between four per cent and 15 per cent through 2029, depending on the region.