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?

Japan's cabinet on Friday approved a record US$730 billion (RM3.26 trillion) budget for the fiscal year starting in April, while limiting new bond issuance to the lowest in 17 years on the back of record tax revenue.

Japan's cabinet approves record US$730b budget for next fiscal year

Japanese manufacturing giant Nidec said on Friday it planned to launch a tender offer for Makino Milling Machine at a 42% premium to Thursday's closing share price, with or without the target company's approval.

Nidec announces US$1.6b unsolicited bid for Makino Milling

Core inflation in Japan's capital accelerated in December as price pressures broadened, data showed on Friday, keeping alive market expectations for a near-term interest rate hike.

Inflation in Japan's capital accelerates, keeps rate hike prospects intact

New York cocoa futures fell sharply on Thursday, extending the market's retreat from last week's record high, with profit-taking amid thin trading volumes ahead of the year-end.

NY cocoa plunges after Christmas on profit-taking; sugar also down

MORNING CALL: 27/12/24

Oil edged lower in light holiday trading on soft US jobs data and a retreat in natural gas futures.

Oil prices dip in thin trading on soft US data, natural gas outlook

US soybean futures rose more than 1% on Thursday and soymeal futures touched a two-month high as worries about dry weather in parts of Argentina prompted speculators to exit short positions ahead of the new year, analysts said.

Soybean futures up as weather spurs short-covering; corn at six-month high

MOSCOW (Dec 26): Alexei Miller, the head of Russia's Gazprom said on Thursday the group's natural gas production is set to rise this year by 61 billion cubic metres (bcm) to around 416 bcm.

The increase is from an all-time low production in loss-making 2023, when output plummeted b...

Gazprom's gas output to rise to around 416 bcm in 2024

The US Centers for Disease Control and Prevention said on Thursday its analysis of samples from the first severe case of bird flu in the country last week showed mutations not seen in samples from an infected backyard flock on the patient's property.

Bird flu virus shows mutations in first severe human case in US, CDC says

BEIJING (Dec 27): Chinese battery manufacturer CATL said it plans to seek a listing in Hong Kong, a Shenzhen Stock Exchange filing showed.

CATL plans to issue offshore H-shares and apply for a listing on the main board of the Hong Kong Stock Exchange, it said in the filing.

...

China's CATL to seek Hong Kong listing

Here is a brief recap of the business news and corporate announcements that made the headlines on Thursday.

TNB, Samaiden, Gadang, Aizo, MyMBN, YTL Power, Kawan Renergy, Taghill, BHIC, Teck Guan, CCK, Lebtech, Southern Cable

YTL Power International Bhd (KL:YTLPOWR) said on Thursday that the Employees Provident Fund (EPF) has once again ceased to be a substantial shareholder in the multi-utility owner and operator after offloading 14.93 million shares.&nbsp;

EPF ceases to be substantial shareholder in YTL Power

The legal counsel for Segambut Member of Parliament Hannah Yeoh has filed an appeal in the Court of Appeal on Thursday challenging the High Court's decision to dismiss her defamation suit against former inspector general of police Tan Sri Musa Hassan.

Hannah Yeoh appeals dismissal of defamation suit against ex-IGP

The Taiping High Court has awarded RM1.8 million in damages to a former security guard who sustained a brain injury due to medical negligence during treatment following a motorcycle accident in 2016.

Court awards RM1.8 mil to ex-security guard over medical negligence

Keyfield International Bhd (KL:KEYFIELD) has issued its maiden RM200 million Islamic bonds (sukuk) under its sukuk wakalah programme of RM1 billion.

Keyfield International issues maiden RM200m sukuk

The Malaysian Anti-Corruption Commission (MACC) aims to focus on eradicating corruption in procurement, enforcement and grand corruption to help the country's economy, reduce leakages and return misappropriated national assets and money next year.

MACC sets sights on 'grand corruption', to revamp structure in 2025 — Azam Baki

Wall Street's main indexes drifted lower in light trading volumes on Thursday, as rising yields pressured some shares, while investors looked for a year-end boost from the so-called Santa Claus rally.

Wall Street slips as rising yields pressure some shares 

The US Centers for Disease Control and Prevention said on Thursday its analysis of samples from the first severe case of bird flu in the country last week showed mutations not seen in samples from an infected backyard flock on the patient's property.

Oil edged lower in light holiday trading on soft US jobs data and a retreat in natural gas futures.&nbsp;

US soybean futures rose more than 1% on Thursday and soymeal futures touched a two-month high as worries about dry weather in parts of Argentina prompted speculators to exit short positions ahead of the new year, analysts said.

Recurring applications for US unemployment benefits rose to the highest in more than three years, adding to signs that it is taking longer for out-of-work people to find a job.

US continuing claims rise to highest in more than three years

US crude exports to China plunged by almost half this year as shifts in the nation’s economy weighed on demand and it bought more barrels from other countries including Russia and Iran.

Exports of US oil to China plunged to 81.9 million barrels over the course of the year, down 46% from 150.6 million barrels last year, according to data from Kpler.

US oil exports to China dwindle as demand wanes, buying shifts

Stocks wavered in a quiet post-holiday session as mixed jobless claims data did little to alter bets on the Federal Reserve outlook.

US stock rally stalls in sleepy session

Japanese equities were primed to rise after fresh weakness in the yen, following a lackluster day on Wall Street that saw muted moves in stocks and government bonds.

Japanese stocks to gain after fresh yen weakness

The turmoil that’s threatening to topple Prime Minister Justin Trudeau has members of his political party poring over the rulebook for replacing him.

Trudeau is under mounting pressure from elected lawmakers in his ruling Liberal Party to leave after nine years in power.

Trudeau’s crisis puts spotlight on succession rules for Canada’s Liberals

BEIJING (Dec 27):&nbsp;Chinese battery manufacturer CATL said it plans to seek a listing in Hong Kong, a Shenzhen Stock Exchange filing showed.

CATL plans to issue offshore H-shares and apply for a listing on the main board of the Hong Kong Stock Exchange, it said in the filing.

...

(Dec 27): As Donald Trump prepares to fulfill a lengthy list of campaign promises, the president-elect’s vow to ensure that all remaining Bitcoin is “made in the USA” may prove to be one of the most challenging to keep.

Trump made the pledge in a post on his Truth Social account in June...

Trump’s ‘made in USA’ Bitcoin is promise impossible to keep

(Dec 27): South Korea’s business confidence deteriorated the most since the global outbreak of Covid-19, reflecting mounting concerns about an economy grappling with political turmoil and facing Donald Trump’s tariff threats.

The business outlook for January fell 7.3 points to 82.4 in t...

South Korea’s business confidence tumbles by most since pandemic

MOSCOW (Dec 26): Alexei Miller, the head of Russia's Gazprom&nbsp;said on Thursday the group's natural gas production is set to rise this year by 61 billion cubic metres (bcm) to around 416 bcm.

The increase is from an all-time low production in loss-making 2023, when output plummeted b...

National Digital Blueprint

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National Digital Blueprint

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