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Day: July 17, 2024

MTE 2024: VIRTUAL SUMMIT ADVANCING SDGS TO BE HELD IN OCTOBER

KUALA LUMPUR, The Malaysia Technology Expo (MTE) 2024: Sustainable Development Goals International Innovation Awards and Expo (SDG IIAE) will be held virtually from Oct 16 to 18. Organised by PROTEMT Exhibitions and Conferences Sdn Bhd, this prestigious event stands at the forefront of global efforts to foster innovative solutions that advance the United Nations SDGs. ‘Dedicated to recognising and promoting exceptional innovations that contribute to sustainable development across various sectors, including clean energy, water and sanitation, sustainable agriculture and climate action, the expo aims to catalyse partnerships that drive progress towards achieving the SDGs,’ said a statement made available to

HONG LEONG BANK OPENS ICONIC LIGHT STREET BRANCH

GEORGE TOWN, Hong Leong Bank (HLB) celebrated a new chapter with the opening of its iconic Light Street branch, underscoring its commitment to serving customers and communities with a personal touch besides having a robust digital bank platform HLB Connect. HLB personal financial services managing director Andrew Jong said the branch is part of the bank’s strategy to establish a relationship with customers that goes beyond just transactions to include trust and personalised services. ‘We bought it (the building) and have owned it since 2011. We wanted to reinvest in the branch by doing something significant given that it is

GOVT TO ENSURE EFFECTIVE USAGE OF WATER, ELECTRICITY AS DATA CENTRE INVESTMENT GROWS — MITI

KUALA LUMPUR, The government will ensure the effective usage of water and electricity in line with the increase in data centre investments into the country. Deputy Investment, Trade and Industry Minister Liew Chin Tong said the effort was to ensure the security of electricity and water supply was controlled and used effectively. He said the National Investment Council had in June agreed with the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA) that the improvement of data centre investment acceptance policy should be done based on several factors. “Among them is to provide guidelines

MALAYSIA’S PROPERTY SECTOR SHOWS STRONG PERFORMANCE IN 1H 2024

KUALA LUMPUR, Malaysia’s property sector has demonstrated commendable mid-year performance, signalling a promising trajectory for the industry fuelling by strategic developments and growing investor interest, according to Knight Frank Malaysia. Its group managing director Keith Ooi cited the robust economic growth, significant investments and adaptive market trends as key catalysts supporting this growth. ‘Malaysia continues to show promising growth prospects, bolstered by strategic investments, infrastructure improvements and evolving market dynamics,’ he said. The global property consultant released its analysis, titled Real Estate Highlights First Half of 2024 (REH 1H 2024) today, revealing a dynamic and resilient market across residential, office,

MALAYSIA, CHINA TO COOPERATE ON EU DEFORESTATION REGULATION – CHAN

PUTRAJAYA, Malaysia seeks to cooperate with China in establishing a shared consensus during engagements with the European Union, particularly regarding the European Union Deforestation Regulation (EUDR), said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin. Chan affirmed Malaysia’s commitment to supplying China with Malaysian Sustainable Palm Oil (MSPO) certified products, aiming to address the EUDR’s implementation and impact. ‘Malaysia looks forward to cooperating with China’s Ministry of Ecology and Environment (MEE) to promote sustainable development, environmental protection, and address climate change through the MSPO Certification Scheme in the Chinese market,’ Chan said in a statement today. He said these