Cloud adoption pivotal to Malaysia’s digital leadership goals

While reading the Malaysia Digital Economy Blueprint may give you some idea of where the nation plans to head in terms of technology, many will not be able to relate to the words or picture of what the future will look like when technologies such as artificial intelligence (AI), the Internet of T...

Movies to get you into the digital mood

The data initiatives and policies within the Malaysian Digital Economy Blueprint deserve a second look because they are the bedrock on which other digital initiatives will be built upon.

According to PricewaterhouseCoopers (PwC) Malaysia’s chief digital officer Michael Graham, about hal...

Experts call for data initiatives to be prioritised 

The recently launched MyDIGITAL initiative has as its fourth thrust the development of an agile and competent digital talent pool. According to the blueprint, Thrust 4 seeks to address long-standing challenges to the education ecosystem, starting at the primary level and all the way up to working...

Addressing the digital talent conundrum

The Malaysia Digital Economy Blueprint sets out the digital ambitions of the country, but those in the digital content industry were disappointed to find a lack of initiatives relating to them in particular.

Although there were ambitions set out — such as creating 200 new IPs (intellect...

Review the PDPA sooner

In recent years, the financial services sector has been one of the most impacted by the digital revolution taking place across the globe. Domestically, the industry has been shaken and stirred by the rapid pace of digitalisation and the emergence of new technologies.

With the government...

Financial services players have to rethink their playbook

With the surge in online transactions last year due to the Covid-19 pandemic, the knee-jerk reaction has been to strengthen digital governance as well as make online transactions more secure.

Consequently, the government has included the implementation of the national digital identity (...

Adoption of national digital identity more timely than ever

“We would like to congratulate the government for this milestone MyDIGITAL initiative. We are especially honoured to be the only Malaysian-owned ...

Ahmad Taufek Omar, Executive Vice-President and CEO of TM ONE

We are delighted with the recent launch of MyDIGITAL initiative and we would like to congratulate the Prime Minister Tan Sri Muhyiddin Ya...

Datuk Dr Ir Mohd Abdul Karim Abdullah, Group Managing Director and CEO of Serba Dinamik

The objectives for digitalisation in the Malaysia Digital Economy Blueprint cover a wide scope, ranging from a digitalisation guide for companies to reviews on intellectual property (IP) and tax frameworks. 

Overall, it aims to create digital companies that can succeed globally by ...

Government should enable a conducive environment for digitalisation

Connectivity is undeniably the foundation of the Malaysia Digital Economy Blueprint as the majority of the initiatives will not be able to take off if communications coverage is not spread evenly throughout the country.

In the blueprint, connectivity initiatives include heightening rura...

Connectivity, the foundation of MyDIGITAL

The next generation of wireless technology — 5G — will be a game changer for the global economy. It is the foundational technology that is instrumental for the development of other revolutionary applications, such as self-driving cars, massive Internet of Things (IoT), smart cities, augmented and...

What’s the buzz about 5G?

Here is a brief recap of some corporate announcements that made the news on Wednesday.

Petronas Chem, Sime Darby Property, SD Guthrie, Perdana Petroleum, Sports Toto, Hap Seng Plant, RCE Capital, MyEG Services, Pos, UOA Devt, Amway, Formosa, Hextar Ind, Thong Guan, Kawan Food, RHB Bank, IFCA, Sapura Energy, Reservoir Link, Velesto, Zelan

An AeroDarat Services (ADS) staff member, who allegedly mistreated a passenger issued with a Not to Land (NTL) notice at Kuala Lumpur International Airport Terminal 1 (KLIA1), has been given a show-cause letter and suspended from duty, said Transport Minister Anthony Loke.

He said that the decision was made to allow ADS, the ground handling service provider, to conduct a thorough investigation into the incident.

KLIA 1 altercation: AeroDarat worker suspended from duty

Ideas, initiatives and innovation form the basis of any effort to actualise goals and targets. Ideally, sustainability is embedded into the business case of every investment decision made by the company.

10 steps to frame your business case

When primary school English teacher Khuzaimah Zaaim dreamed up the Green Recycle House, her focus was not just on sustainability, but also on addressing the trash and food waste generated in her school canteen.

To secure funding for her project, Khuzaimah joined the Green Wira pilot edu...

Waste: Zero waste starts from schools

Part of Malaysia’s climate action plan is to introduce a Climate Change Act to enhance Malaysia’s climate change governance at the international and domestic levels. However, the consultation paper for the proposed climate change bill (Ruupin), issued on Oct 4, has been criticised for being too v...

Policy: Not a people-centric climate change bill

Donald Trump’s re-election as US president on Nov 5 has reignited concerns about how it could impede the progress of climate action and the low-carbon transition.

During his previous term, he infamously pulled the US out of the Paris Agreement. He also claimed that climate change is a “...

Politics: What Trump’s re-election means for the climate

This International Men’s Day, let’s take a moment to reflect on men’s unique challenges: societal expectations, the myth of unyielding masculinity and the pressure to always have a plan (or at least pretend that there is one). Men, we see you.

Although the day centres on men’s well-bein...

Views: International Men’s Day reflections: What Kamala Harris’ leadership teaches us about equity in the corporate world

The short answer: Yes, it can be. The long answer: Yes, but it doesn’t have to be.

Diversity, equity and inclusion (DEI) often parallels sustainability in corporate discourse. After all, it is the “S” in ESG (environmental, social and governance). As with sustainability, there is increa...

Views: Diversity-washing — is DEI the new corporate greenwashing?

The National Baseline Assessment on Business and Human Rights in Malaysia (NBA), which was published in August, highlighted the state of human rights in the country and what should be done to address the challenges.

One solution highlighted by Edmund Bon Tai Soon, the head of chambers (...

Human Rights: National report calls for a ministry of human rights and justice

Palm oil farmers who are independent smallholders (ISHs) have a lot to worry about. From monkeys and elephants that intrude into their farms and destroy their crops to weather conditions that are unfavourable, these farmers have their hands full.

ISHs have another thing to worry about a...

Palm Oil: Regenerative farming can benefit independent smallholders

KUALA LUMPUR (Nov 20): Petronas Chemicals Group Bhd (KL:PCHEM) was sent into the red for the first time ever since its listing more than a decade ago&nbsp;on paper losses in the third quarter.&nbsp;

Petronas Chemicals reports first-ever quarterly loss since listing

Malaysia will launch a new generation of identity cards as part of efforts to combat identity fraud, Deputy Home Minister Datuk Seri Shamsul Anuar Nasarah said.

Malaysia to launch new-gen identity card with enhanced security features

The Kuala Lumpur High Court has sided with Tokio Marine Life Insurance Malaysia Bhd in its dispute with RHB Bank Bhd (KL:RHBBANK) over their bancassurance business, but also ordered it to respond to the best offer that RHB Bank receives within 14 days after receiving it from the bank.

Court orders Tokio Marine to respond to RHB's best offer within 14 days

There is a need to overhaul the entire implementation process of Phase 2 of the National Digital Network (Jendela) initiative to ensure effectiveness of the programme, according to Communications Minister Fahmi Fadzil.

Fahmi wants ‘overhaul’ of Jendela Phase 2, lambasts telcos over non-operational towers

The United States could impose nearly 40% tariffs on imports from China early next year, a Reuters poll of economists showed, potentially slicing growth in the world's second-biggest economy by up to one percentage point.

Poll: Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth 

BMW Group Malaysia is currently engaging with the government and local partners on its plan to locally assemble its electric vehicle (EV) units, aligning with the tax exemption for EV owners until the end of 2025.

BMW Group Malaysia to discuss with govt entities and local partners on EV assembly

Bursa Malaysia has filed an application to the High Court seeking clarifications on the legal implications of the court's appointment of an interim judicial manager for Sarawak Cable Bhd (KL:SCABLE), whose shares it suspended from trading on Tuesday but has now allowed to resume on Thursday.

In a bourse filing on Monday, Sarawak Cable announced it had received a letter from Cheang and Ariff, the solicitors acting on behalf of Bursa, on the bourse operator's application.

Bursa lifts suspension of Sarawak Cable shares as it seeks clarification from court regarding interim judicial manager's appointment

KUALA LUMPUR (Nov 20): SRC International Sdn Bhd has settled a suit against Parti Bumiputera Perkasa Malaysia president Datuk Ibrahim Ali, while the company and Umno continue to negotiate towards a settlement.

SRC settles suit with Ibrahim Ali, inches towards settlement with Umno

Bank Negara Malaysia (BNM) said on Wednesday it is prepared to deal with currency volatility while ensuring the orderly functioning of the foreign exchange market.

BNM stands ready to deal with currency volatility, ensure orderly forex market

Speculative fever in Chinese stocks is running red hot and catching the attention of some global funds, who figure local money is worth following into market segments sheltered from tariffs and likely to ride an eventual economic recovery.

China's cashed-up crowd is back in the stock market

Hap Seng Plantations Holdings Bhd (KL:HSPLANT) logged its highest quarterly net profit in nearly three years boosted by strong palm oil prices and lower operating expenses but flagged rising costs ahead.

Hap Seng Plantations logs highest quarterly profits in nearly three years on strong prices, lower expenses

KUALA LUMPUR (Nov 20): The Ministry of Transport may impose a fee on those who require a physical copy of their driving licence some time next year.

Transport Ministry may impose fee on physical driving licences next year

IFCA MSC Bhd (KL:IFCAMSC) said it is targeting RM440 million in new sales over the next three years mainly through new customers arising from its property management system solutions, optimising pricing and growing its distributors programme.

IFCA MSC targets RM440m in new sales for next three years

Lawyer Tan Sri Muhammad Shafee Abdullah on Tuesday claimed the media had failed to do its job during its reporting of former prime minister Datuk Seri Najib Razak's SRC International Sdn Bhd trial — for which Najib was found guilty of abuse of power, criminal breach of trust, and money laundering involving RM42 million of SRC's money — and alleged that the press had left out certain facts of the case.

Shafee claims media failed to do its duty in Najib's SRC trial

KUALA LUMPUR (Nov 20): Bagan Member of Parliament Lim Guan Eng has called for an explanation from Education Minister Fadhlina Sidek regarding the hosting of officials from the Taliban-led Afghanistan government.

Lim said that the ministry's decision to host the Taliban has raised many c...

Guan Eng demands explanation from education minister for hosting Taliban delegates

MyEG Services Bhd (KL:MYEG) posted its highest-ever quarterly net profit of RM195.05 million in the third quarter ended Sept 30, 2024 (3QFY2024), a 62.55% increase from RM120 million in the same quarter last year.

MyEG posts highest-ever quarterly net profit of RM195m in 3Q

Pos Malaysia Bhd (KL:POS) continued its quarterly streak in the red, posting a wider net loss for the third quarter on lower postal and freight volume, and higher other and tax expenses.

Pos Malaysia's 3QFY2024 net loss widens on lower postal and freight volume

Indonesian assets were steady on Wednesday after the country's central bank stayed pat on monetary policy as expected, while investors across emerging Asia exercised caution ahead of artificial intelligence major Nvidia's quarterly results.

Indonesian rupiah, stocks steady after cenbank holds rates; other Asian assets muted

With Nvidia Corp due to report an unusually complex quarter as the world’s most valuable company, traders are preparing for a potentially mammoth stock swing.

The options-implied move for Nvidia shares the day after earnings is about 8% in either direction, according to data compiled by Bloomberg.

Nvidia traders brace for potential US$300 bil earnings move

SD Guthrie Bhd (KL:SDG), formerly known as Sime Darby Plantation Bhd, reported a 36.75% drop in net profit for the third quarter on Wednesday due to the absence of a gain on land disposal, despite higher crude palm oil (CPO) prices.

Net profit for the three months ended Sept 30, 2024 (3QFY2024) was RM766 million or 11.1 sen per share, compared with RM1.21 billion or 17.5 sen per share a year earlier, the world's largest palm oil producer by acreage said in an exchange filing.

National Digital Blueprint

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National Digital Blueprint

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