Energy transformation should be a top priority for Asean as it tackles climate change, and the key strategies should be the development of connected infrastructure and capitalising on the artificial intelligence (AI) revolution.

Jeffrey Sachs, president of the United Nations Sustainable Development Solutions and Research (UN-SDSN), said during his presentation at the Asean Workshop on Sustainable Development that regional integration has become a strategic necessity for every nation in the world, and Asean must have diplomatic unity to have influence in the world.

Sustainable Asean-wide policies with connected infrastructure and AI

The rise of generative artificial intelligence (Gen AI), a technology touted to be as transformative as electricity or the internet, is capturing the imagination the world over.

Governments and businesses, wary of being left behind in the AI race, are scrambling to stake their claim in ...

Cover Story: Building the AI playbook

One of the most popular New Year’s resolutions people make is to travel more. Whether it’s exploring new destinations, immersing oneself in a different culture or building memories that serve as a testament to a life well-lived, travelling resonates deeply as a meaningful and enriching goal for t...

Listicle: Own our trip

It’s common for people to financially plan for their deaths, with wills and trusts stating instructions for next of kin on how to manage and disperse assets. But in this day and age, where data is an increasingly important commodity, the posthumous management of one's data is overlooked, putting ...

Digital Legacies: Till death do us part? Not for your online data

Last year was marked by a significant uptick in cybersecurity regulations globally, particularly targeting generative artificial intelligence (Gen AI) and third-party risks. As organisations rushed to tackle these new challenges, many neglected to establish essential cybersecurity measures to pro...

Rise Of Machines: A cyber wake-up call

When ChatGPT was launched, Harsha Purasinghe, CEO and founder of Malaysian digital HR platform provider MiHCM, immediately saw the potential of generative artificial intelligence (Gen AI) in the HR space. The technology could be used to solve gaps identified by his team.

This potential ...

Solutions: A copilot AI built for HR

Cryptocurrencies and the blockchain have sparked global intrigue and debate, moving beyond niche concepts to revolutionise finance. Much like the creation of money and the rise of the internet, blockchain technology and digital assets are reshaping how we value and invest in assets.

How...

Crypto Revolution: Beyond the hype

Here’s a nerdy story for the new year: A group of engineers are working on a groundbreaking new gadget. “I’ve designed a circuit that will never fail,” the electrical engineer says. “I’ve built a prototype that’s indestructible,” the mechanical engineer adds. “I’ve written code that’s completely ...

Econ 4.0: Top 10 tech tips for 2025

Traditionally, plants rely on water, soil and sunlight to thrive. But local start-up Airgro Sdn Bhd is exploring a cutting-edge approach to farming: growing crops out of thin air.

To tackle the needs of a growing population and Sarawak’s rising reliance on imports, Airgro — founded by K...

Growing Life: Growing crops out of thin air

NEWS

From saving to growing wealth

Trading app Moomoo is partnering with GXBank to enable the latter’s customers to make instant transfers or deposits to their Moomoo account and start investing.

As part of the launch, GXBank c...

Bits + Bytes: A Miscellany Of Technology

Malaysia has long depended on low-skilled foreign labour to fill low-wage jobs that many locals avoid. These roles are often highly routine, and as the country seeks to reduce its reliance on foreign labour, automation is increasingly being seen as the key solution.

In 2022, the Interna...

Automation: Shifting to intelligent manufacturing

Solutions like Internet of Things (IoT) and artificial intelligence (AI) are key to transforming Malaysia’s agriculture, boosting productivity and ensuring food security. However, reliance on imports and limited research and development leave the sector vulnerable to price fluctuations and supply...

Digital Fields: Tech-tilling the soil

Malaysia is doubling down on technology to drive economic growth and establish itself as a regional tech hub. Through strategic investments in digital infrastructure and forward-looking policies, the government aims to enhance digital capabilities and secure the nation’s position in the competiti...

Cover Story: Building tomorrow, today

What the AI landscape will be like in 2025

The next frontier in the AI race: Scaling for impact

EVENING 5: Five things you need to know today

EVENING 5: Gamuda gets first package for long overdue Penang LRT worth over RM8 bil

An earthquake with a preliminary magnitude of 6.9 struck the Kyushu region of southern Japan on Monday, the Japan Meteorological Agency said.

Tsunami advisories for waves of a maximum height of one metre were issued for the southern prefectures of Miyazaki and Kochi.

Magnitude 6.9 earthquake hits southern Japan

The Semiconductor Industry Association (SIA) and Nvidia Corp, two prominent voices in the global chip industry, have criticised the US government’s new export curbs on artificial intelligence (AI) chips.

Semiconductor Industry Association and Nvidia slam Biden administration’ new export controls on AI chips

The Malaysia Digital Economy Corporation (MDEC) has embarked on an initiative to accelerate small and medium-sized enterprises' (SMEs) digital transformation nationwide, starting with the northern state of Penang.

MDEC launches initiative to speed up SME digital transformation across Malaysia

Malaysia is keen to position Pakistan as a strategic distribution hub for palm oil exports to Central Asia, capitalising on the country's strategic location and its proximity to emerging high-growth markets, the Malaysian Palm Oil Board (MPOB) said.

Malaysia to position Pakistan as palm oil hub for Central Asia — MPOB

Minister in the Prime Minister’s Department (Religious Affairs) Datuk Dr Mohd Na’im Mokhtar has instructed the Department of Islamic Development Malaysia (Jakim) to collaborate with the Ministry of Domestic Trade and Cost of Living (KPDN) to enforce actions and prosecute those misusing the halal logo.

Jakim directed to collaborate with KPDN to take action against misuse of halal logo

Selgate Corp Sdn Bhd, through its healthcare arm, Selgate Healthcare Sdn Bhd, has signed a Memorandum of Understanding (MOU) with MTT Properties and Development Sdn Bhd to build a private specialist hospital in Balik Pulau, Penang.

Selgate Corp group chief executive officer Datuk Noor Hisham Mohd Ghouth said the Selgate Specialist Hospital Pulau Pinang is targeted to be ready by 2028 and would add about 172 beds and offer 31 specialities to its healthcare operations.

Selgate, MTT to develop Balik Pulau's maiden private specialist hospital

Cheeding Holdings Bhd, the utilities engineering solutions provider, is looking to raise capital from a planned initial public offering (IPO) on the ACE Market of Bursa Malaysia to repay bank borrowings, raise capital for capital expenditure and to be used for performance bonds for future projects.

Cheeding Holdings files draft prospectus for ACE Market listing

Logistics service provider Xin Hwa Holdings Bhd's (KL:XINHWA) cargo transport unit has resumed normal operations after the suspension of its goods vehicle operator licence, which was in place for over two months since November last year, was lifted.  

The company’s wholly owned Xin Hwa Trading & Transport Sdn Bhd (XHTT) is now fully operational under its reinstated licence, Xin Hwa said in a filing with Bursa Malaysia on Monday.

Xin Hwa’s cargo transport unit resumes ops after two-month suspension

Prospect Medical Holdings Inc, once an active buyer of cash-strapped hospitals, filed for bankruptcy after struggling with debt piles and soaring costs.

Private hospital owner Prospect Medical files for bankruptcy

Gamuda Bhd (KL:GAMUDA) said its consortium has been appointed as the main contractor to deliver the first civil works package worth over RM8 billion for the Penang Light Rail Transit (LRT) project.

Gamuda gets first package worth over RM8 bil of Penang LRT project

Malaysian stocks were broadly lower on Monday led by construction and property companies, while the country’s benchmark index fell to a five-month low.

Investors in Asia reacted poorly to the latest jobs data in the US that pointed to a robust economy, threatening the prospects of rate cuts by the Federal Reserve. The ringgit also depreciated along with other emerging Asian currencies under pressure from a strengthening US dollar.

Malaysian stocks broadly lower as KLCI falls to five-month low, ringgit weakens

City Motors Group has officially opened its 42-storey Alfa Bangsar mixed-use development located at the intersection of Jalan Maarof and Jalan Tandok in Bangsar, Kuala Lumpur, last Friday (Jan 10).

City Motors Group officially opens Alfa Bangsar and Holiday Inn Kuala Lumpur Bangsar

The government on Monday wants to apply for a gag and prohibitive order to refrain the public from discussing issues pertaining to a purported addendum allowing former prime minister Datuk Seri Najib Razak to serve the remainder of his prison sentence under house arrest, as it involves sensitive matters.

Govt wants gag order on addendum

CAPE EMS Bhd (KL:CEB), which started its Bursa Malaysia journey on a high note in 2023, has found itself in the midst of a corporate storm this year.

A sequence of financial missteps, margin calls and declining investor confidence has left the electronics manufacturing services (EMS) pr...

Turkeys Of The Year: Cape EMS’ dramatic fall from grace

The Joe Biden administration's plans to introduce new export restrictions on artificial intelligence (AI) chips under a three-tiered system by country have sparked concerns in Malaysia.

How will restricted AI chip access impact Malaysia?

YTL Power International Bhd (KL:YTLPOWR), which is in the midst of setting up its own artificial intelligence (AI) data centres using the latest chips by US chip giant Nvidia Corp, does not expect to be impacted by the proposed US rules on advanced chip&nbsp;exports into countries like Malaysia.

YTL Power ‘confident’ not affected by potential US chip export curbs amid Nvidia partnership

Europe’s largest pension fund sold its entire €571 million (US$585 million or RM2.63 billion) stake in Tesla Inc&nbsp;in the third quarter, partly due to disagreement with Elon Musk’s remuneration package.

Europe’s largest pension fund sold Tesla stake over Musk’s pay

Allianz Malaysia Bhd’s (KL:ALLIANZ) earnings outlook is clouded by uncertainties over future premium increases, Maybank Investment Bank said and downgraded the country’s largest general insurer.

Allianz Malaysia's earnings outlook clouded by premium uncertainties, Maybank says in downgrade to 'hold'

Bursa Malaysia Bhd (KL:BURSA) has introduced a new renewable energy (RE) subsector within its energy and utilities sector classification. This move aims to provide more focused classification for public listed companies (PLCs) operating in the RE space.

The new RE classification includes PLCs involved in providing equipment and services for RE production, as well as those producing or distributing electricity through RE sources.&nbsp;

Bursa reclassifies 13 companies as it introduces new renewable energy subsector

KUALA LUMPUR (Jan 13): Rising production and delays in implementing biodiesel mandates in Indonesia may weaken palm oil prices beyond the first quarter of 2025, even as latest data show a 19-month low stockpile, analysts say.

Rising production, Indonesia’s biodiesel delays likely to weaken CPO prices — analysts

Energy infrastructure firm Yinson Holdings Bhd (KL:YINSON)&nbsp;is close to signing up investors for a funding round in its unit that makes equipment used by the offshore oil and gas industry, according to people with knowledge of the matter.

Yinson close to deal with investors including Abu Dhabi for US$1b funding — Bloomberg

Former 1Malaysia Development Bhd (1MDB) president Arul Kanda Kandasamy told the High Court on Monday that there was no merit to the allegations made by his former company, that he had failed to inquire, investigate or ascertain, and recover the investments the company had lost.

Testifying in his defence to 1MDB’s US$6.59 billion suit against him and former Treasury secretary-general and former 1MDB board of advisors chairman Tan Sri Mohd Irwan Serigar Abdullah, before judge Datuk Raja Ahmad Mohzanuddin Raja Mohzan, Arul Kanda also disagreed that he had acted against 1MDB’s interests.

Arul Kanda: 1MDB loss inquiry was not my job

Local institutions supported Bursa Malaysia for the 12th consecutive week, with net purchases of RM281.9 million, according to MIDF Amanah Investment Bank Bhd.

MIDF: Local institutions back Bursa Malaysia for 12th straight week

Eden Inc Bhd (KL:EDEN) said on Monday that it has been selected to develop a 29.99-megawatt (MW) large-scale solar photovoltaic plant in Gebeng, Kuantan.

Eden picked to develop 29.99MW solar plant in Kuantan

KUALA LUMPUR (Jan 13): Former prime minister Datuk Seri Najib Razak said that he returned the purported Arab donation, because the 13th general elections were over and he didn’t need a large sum of money.

1MDB-Tanore: Najib says GE13 over, no need for such large sum, returned monies

Malaysia’s wholesale and retail trade growth decelerated to 4.7% year-on-year in November, largely driven by sales in non-specialised and specialised stores, official data on Monday showed.

Malaysia's wholesale and retail trade growth slows in November, official data show

The Malaysian ringgit could face downward pressure due to the possibility of new US tariffs on China and uncertainties over the direction of the US Federal Reserve's (Fed) terminal rate, economists cautioned.

US interest rate cut uncertainty, China tariffs pose risks to ringgit — economists

The Islamic digital bank consortium led by KAF Investment Bank Bhd (KAF IB) has received approval from Bank Negara Malaysia (BNM) and the Ministry of Finance (MOF) to commence operations, effective from Dec 20, 2024.

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