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Showing posts from September, 2024

DALIA 2024 turbocharges MSMEs for next-level productivity

  The Malaysia Productivity Corporation (MPC) proudly introduced the AI for Productivity – DALIA Turbocharge All'Spark 2024 Program, a transformative initiative aimed at empowering Micro, Small, and Medium Enterprises (MSMEs) with AI technology solutions.  This Bootcamp, held on 24th September, marks a significant milestone in a three-month program designed to help 12 MSMEs embrace AI technology to enhance productivity and drive sustainable growth.  This initiative builds upon the success of last year's Digital Acceleration for Learning and Industry Adoption (DALIA) program, which focused on accelerating digital adoption among MSMEs.   The AI for Productivity initiative seeks to advance productivity and technological innovation among businesses, particularly MSMEs, enabling them to thrive in the digital era.  Through the Digital Productivity Nexus (DPN) and collaboration with Brand Geeks Inc., MPC is equipping participants with the knowledge to select technology...

Metro inks underwriting agreement with MIDF Amanah

  From left: Mr. Lim Wai Khong (Managing Director of Metro Healthcare Berhad), Dr. Tee Swi Peng (Executive Vice-Chairman of Metro Healthcare Berhad), Datuk (Dr.) Joseph Dominic Silva (CEO of MIDF Amanah Investment Bank Berhad), Encik Azizi Mustafa (CEO of MIDF Berhad) Petaling Jaya, 27th September 2024 – Metro Healthcare Berhad has signed an underwriting agreement with MIDF Amanah Investment Bank for the latter to underwrite a total of 34,261,800 ordinary shares in conjunction with the transfer of Metro’s listing from the LEAP Market to the ACE Market of Bursa Malaysia Securities Berhad. Metro’s initial public offering (IPO) on the ACE Market of Bursa Malaysia entails a public issuance of 156,625,000 new ordinary shares, representing 16.0% of the Group’s enlarged share capital of 978,905,000 shares.  Of the 156,625,000 new shares, 3.5% of the enlarged share capital are made open for application to the Malaysian public and pink form and 12.5% of the enlarged share capital to Bu...

Malaysian's financial well-being improves - RMFLS 2024

  RinggitPlus released the results of the 2024 Malaysian Financial Literacy Survey (RMFLS) yesterday , an annual study examining Malaysians’ financial habits, challenges and outlook.  This year’s results found improvements across multiple key indicators, with signs of upward swings for financial security and well-being – but also underscored a continuous growing need for enhanced digital financial literacy nationwide. Fewer Scam Attempts, but Vigilance Remains a Priority In 2024, more than one-third of Malaysians (38%) reported encountering fewer financial fraud or scam attempts compared to last year, with the overall number of those who experienced such attempts dropping to 86% from the whopping 94% reported in 2023.  This marks a significant improvement, proving that the anti-scam awareness efforts driven by Malaysia’s governing bodies are bearing fruit. Indeed, 56% of respondents credited the nationwide Jangan Kena Scam awareness campaign for helping them avoid falling...

Volvo EX30: Big on tech, big on safety

  Volvo EX30 The Volvo EX30 – Volvo’s newest electric car made for every moment in life – can be yours to own today.  The EX30 is big on technology and safety and is the latest embodiment of Volvo’s vision to give people the freedom to move in a personal, sustainable and safe way. Featuring the fastest acceleration of any Volvo car to date, the EX30 comes equipped with the latest technology that powers a new automatic parking feature, a contextual user interface with Google Built-in, upgraded semi-autonomous Pilot Assist functionality, and 360° environmental awareness from its multiple cameras, sensors and radars. Three variants will be offered in Malaysia – two single-motor extended-range Plus and Ultra versions and the dual-motor Ultra Twin Performance.   Volvo EX30 Price 3 Power (PS) Torque (Nm) 0-100 km/h Range (WLTP) Plus RM188,888 272 343 5.3 sec ...

Digital Lean PoC initiative enhances Malaysia's tech infrastructure & competitiveness - MPC

  The Malaysia Productivity Corporation (MPC) is committed to advancing the transformation of the nation’s technology infrastructure and organisational excellence through its latest initiative, the Digital Lean Proof of Concept (PoC).  This initiative is expected to significantly enhance Malaysia’s standing in the World Competitiveness Ranking (WCR) by improving operational efficiency through the integration of digital technology and lean principles.  It aligns with Malaysia’s efforts to strengthen its position in the IMD World Competitiveness Ranking, particularly in the area of technology infrastructure. The Digital Lean Proof of Concept combines user-friendly digital technology with lean principles to drive efficiency and innovation in operations.  The project is designed to optimise processes by replacing manual tasks with advanced automation systems, thereby increasing efficiency, reducing costs, and enabling more strategic decision-making.  This initiative...

The ringgit strengthens, thanks to effective Madani policies

  Illustrative image: Peggy Anke / Pexels Today, the ringgit reached an exchange rate of RM4.14 against the US dollar, reflecting the strengthening economy of the country and the recent decrease in interest rates in the United States. This encouraging development indicates a positive trend in the nation's economy, closely linked to the effectiveness of the economic policies implemented by the Madani Government under the leadership of Prime Minister and Minister of Finance I, Datuk Seri Anwar Ibrahim. The Madani Government has outlined various strategies to strengthen the national economy, including enhancing competitiveness and credit ratings. These efforts not only instill confidence in foreign investors but also boost the trust of the public in the stability of the country’s economy. With a more prudent fiscal policy and an emphasis on innovation, the ringgit is seen as capable of solidifying its relative position against major global currencies. Another important factor is the i...

Khairuddin’s exit: J-Kom DG's seat really that hot?

  Mohd Khairuddin Othman Looks like the role of Director-General at the Department of Community Communication (J-Kom) is pretty unstable! In less than a year, it’s set to change hands once again. Today, reports surfaced that Dr. Mohd Khairuddin Othman has been let go, although the reasons behind this move are still a mystery.  The Secretary of Selangor PKR didn’t want to comment and suggested that reporters reach out to the Ministry of Communications for answers. Khairuddin took over the position on March 1, 2024, following Datuk Dr Mohammad Agus Yusoff, who stepped down in November 2023 after a scandal involving a viral video allegedly featuring him and a former J-Kom officer. Now, with Khairuddin’s departure, people are wondering what’s really going on at J-Kom, which is tasked with spreading government messages.  Was his performance not up to par? It certainly seems like J-Kom has been struggling lately. To add to the mystery, the J-Kom Facebook page has gone dark sinc...

SFZ will boost Johor's economy - IIB

  Idzham Mohd Hashim Iskandar Investment Berhad (IIB) views the establishment of the Forest City Special Financial Zone (SFZ) as a landmark development that will significantly boost Johor’s economy.  The SFZ’s introduction comes at a crucial time, when the state is poised to capitalise on its strategic location and growing infrastructure, cementing its role as a vital financial and economic hub in Southeast Asia. President/Chief Executive Officer of IIB, Datuk Idzham Mohd Hashim expressed his enthusiasm about the upcoming Johor’s SFZ and its potential to propel the region’s growth and strengthen its connection with Singapore. “We are incredibly excited about the launch of the Forest City SFZ, which is set to attract high-value investments through enticing incentives like a concessionary corporate tax rate of 0% to 5%, a flat 15% income tax rate for knowledge workers, and fast-tracked immigration processes.  "We anticipate that these benefits will make Johor a highly appea...

Soldier killed in random shooting during training

  The Public Relations Cell of the Malaysian Army Headquarters has confirmed that a soldier died from random gunfire while undergoing training in the Song area of Sarawak early yesterday morning. According to the statement, the victim was from the 9th Brigade formation in Sibu and was scheduled for training from September 21 to 29. The incident occurred at approximately 2:45 AM while the platoon was resting. "The soldiers heard the sound of a motorcycle on an unpaved road near their location, followed by the sudden sound of gunfire. "Immediate action was taken to check the perimeter, and it was found that one soldier had sustained injuries from the gunfire," the statement said last night. It added that the injured soldier received initial treatment at the scene before being rushed to the Song Health Clinic at 4 AM, and then referred to Kapit Hospital for further treatment at 5 AM. However, the soldier was confirmed dead at 7:43 AM at the hospital due to the injuries sust...