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ICT And E-Commerce Contribute RM427.7 Bln To GDP In 2023 - DoSM

KUALA LUMPUR, Oct 15 (Bernama) -- The Information and Communication Technology (ICT) industry, including e-commerce, has generated a total of RM427.7 billion to Malaysia’s gross domestic product (GDP) in 2023 compared to RM411.6 billion in 2022, according to the Department of Statistics Malaysia (DoSM). 

 

Capital A Optimistic About Exiting PN17 Status By Year-end -- Tony Fernandes

KUALA LUMPUR, Oct 15 (Bernama) -- Capital A Bhd is poised to be in a positive equity position and optimistic about exiting its Practice Note 17 (PN17) status by the end of December this year, according to chief executive officer Tan Sri Tony Fernandes.

CAI Embraces Industry Advancements With Rebranding Initiative

KUALA LUMPUR, Oct 15 (Bernama) -- CAI, a trailblazer in operational readiness and excellence, has launched a comprehensive rebranding initiative, where attendees can preview CAI's new branding and connect with the team at the ISPE Annual Meeting & Expo at Orlando, Florida.

MIDA Connects Investors With Local Talent Through Innovative Pathways - CEO

KUALA LUMPUR, Oct 15 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is actively crafting innovative and strategic pathways, connecting investors and industry players with local talent to meet the ever-evolving demands of the industry.

Malaysia Elevates Digital Economy Presence At ENS 2024 With Local Tech Leaders

DUBAI, Oct 15 (Bernama) -- Malaysia is making a significant impact at the Expand North Star 2024 (ENS 2024) event in Dubai with a 120-square-foot pavilion featuring 15 local technology companies. 

Bursa Malaysia Opens Higher On Robust US Stock Market

 KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened higher today on the back of robust US stock performance overnight, said an analyst. 

Mavenir Snags Most Innovative Cloud Product At Network X Awards

KUALA LUMPUR, Oct 14 (Bernama) -- Mavenir, a pioneer in cloud-native network infrastructure, has been recognised as a global leader in telecom innovation, winning the esteemed 2024 Network X Award for Most Innovative Cloud Product.

FBM KLCI Pares Gains But Stays In Positive Territory

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia pared gains but stayed in positive territory at the close on Monday, on buying interest in banking, telecommunications and commodity-related stocks. 

ADM Market In APAC Expands Rapidly As Businesses Adopt New Technologies

KUALA LUMPUR, Oct 14 (Bernama) -- Information Services Group (ISG), a global technology research and advisory firm, in its new research report revealed that enterprises in Asia Pacific (APAC) are quickly adopting new application development and maintenance (ADM) technologies as they carry out digital transformations.

Budget 2025 Set To Expand Tax Base With Expected Sugar Tax, HVGT, GloBE -- Economist

KUALA LUMPUR, Oct 14 (Bernama) -- The government is expected to unveil new tax measures in the upcoming Budget 2025, set to be tabled this Friday, as the tax base has shown limited growth since the Goods and Services Tax (GST) was abolished in 2018.

Govt Has Room To Optimise Spending But Revenue Needs To Be Increased -- Rafizi

KUALA LUMPUR, Oct 14 (Bernama) -- The government still has room to optimise its spending although there is a need to increase revenue, said Economy Minister Rafizi Ramli. 

UOB Malaysia Launches RM1 bln Sustainable Financing Programme For OGSE Sector

KUALA LUMPUR, Oct 14 (Bernama) -- United Overseas Bank (Malaysia) Bhd today launched its Sustainable Vendor Financing Programme (SVFP) to support Malaysia's oil and gas services and equipment (OGSE) sector in its decarbonisation and energy transition efforts, offering financing of up to RM1 billion.