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Melaka Poised To Become EV Manufacturing Hub

MELAKA, Oct 14 (Bernama) -- The Melaka state government is committed to positioning the state as a leading hub for electric vehicle (EV) production in Malaysia, in line with Sustainable Development Goal 13 (SDG13), which emphasises urgent action to combat climate change and its impacts.

MDEC Targets Tech Collaborations, Smart City Opportunities At GITEX Global 2024

From Nurunnasihah Ahmad Rashid

DUBAI, Oct 14 (Bernama) — The Malaysia Digital Economy Corporation (MDEC) has engaged with the Advanced Technology Research Council (ATRC) of Abu Dhabi, exploring collaborations in education and technology development at the Gulf Information Technology Exhibition (GITEX) Global 2024.

Malaysia To Continuously Assess BRICS Engagement For Economic Benefits 

KUALA LUMPUR, Oct 14 (Bernama) --The government will continuously assess the development of the BRICS bloc to ensure that Malaysia’s involvement brings significant benefits to the country, in line with the economic policies such as the MADANI Economic Aspirations and the New Industrial Master Plan 2030.

Avaland Celebrates Avenue25, Redefines Sustainable Living

KUALA LUMPUR, Oct 14 (Bernama) -- Property developer Avaland Bhd aims to set a new benchmark with the Avenue25 project in Subang Jaya, with all phases targeted to achieve GreenRE Gold certification.

 

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.

EBC Financial Group Improves Liquidity, Reduces Trading Costs On Major Stock Indices

KUALA LUMPUR, Oct 14 (Bernama) -- Amidst a global stock market resurgence, EBC Financial Group (EBC) has enhanced liquidity for five major stock indices, namely the United States (US) Dow Jones, Nasdaq, S&P 500, the A50 (China), and the Hang Seng Index (Hong Kong).

DAT Will Accelerate Malaysia's High-income Nation Target - World Bank

KUALA LUMPUR, Oct 14 (Bernama) -- Widespread adoption and scaling of digital agriculture technologies (DATs) will accelerate Malaysia’s journey to achieving high-income nation status, according to a report from the World Bank.

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.

PMB Investment Announces Total Gross Distribution Of RM2.88 Mln For Dana Bestari

KUALA LUMPUR, Oct 14 (Bernama) -- PMB Investment Bhd today announced a total gross distribution of RM2.88 million for PMB Dana Bestari for the financial year ended Sept 30, 2024, with unitholders receiving an income distribution of 2.93 sen per unit.

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. 

FBM KLCI Stays Marginally Up At Midday; Market Breadth Negative

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia’s barometer index was marginally higher at midday as traders awaited the upcoming United States (US) Producer Price Index data for cues to gauge the Federal Reserve’s future interest rate moves, analysts said.