Day: October 15, 2024

KUALA LUMPUR, The government has been urged to introduce a mechanism under Budget 2025 that allows Malaysians to enjoy tax rebates when spending in the creative arts industry. MyCreative Ventures Sdn Bhd Group chief executive officer Zainariah Johari said this would encourage Malaysians to appreciate and spend in the creative industry, thus creating a demand for local art products. “One of the things we are hoping for under Budget 2025 is something to do with the tax rebate. For example, if someone goes to watch a theatre performance at Istana Budaya or buys a piece of art (work), they can

KUALA LUMPUR, FinbotsAI, an Accel portfolio fintech, has collaborated with Worldline, a global payments leader, to put artificial intelligence (AI) credit modelling in the hands of financial institutions. The collaboration will bring an AI-powered solution to help financial institutions level up their lending business through a no-code software as a service (SaaS) model that puts the ownership of credit modelling in the hands of Worldline’s clients of all sizes globally. In a statement, FinbotsAI Chief Executive Officer (CEO) and Founder, Sanjay Uppal said the company is delighted to partner with Worldline to take its AI innovation to the world. ‘Backed

GEORGE TOWN, One year after development work started, the Silicon Island project here has progressed as scheduled, with the interests of the people of Penang especially fishermen taken care of. The Social Impact Management Plan (SIMP) and the Penang South Island Reclamation Ecology Offset Master Plan (PEOM) are key components of a comprehensive effort to uplift the livelihoods of fishermen while safeguarding the marine ecosystem and advancing the state’s economic and infrastructural growth. As the special purpose vehicle set up by the Penang state government to oversee the Silicon Island development, the Penang Infrastructure Corporation Sdn Bhd (PIC) has always

SEPANG, AirAsia has reaffirmed its commitment to driving ASEAN connectivity and elevating the region’s status as a global transit point, much like how Dubai is recognised for international air travel and trade. In a statement today, the budget carrier said it is dedicated to positioning Kuala Lumpur International Airport (KLIA) as the world’s premier aviation hub. This follows the overwhelming approval at Capital A Bhd’s extraordinary general meeting (EGM) yesterday regarding the proposed disposal of its aviation business to AirAsia X Bhd. Capital A chief executive officer and advisor to AirAsia Aviation Group Tan Sri Tony Fernandes said the EGM

KUALA LUMPUR, The path to a sustainable future is clear, but it requires collective action, effective international partnership and unwavering commitment, said Deputy Prime Minister Datuk Seri Fadillah Yusof today. Fadillah, who is also Minister of Energy Transition and Water Transformation, foresees a world that balances economic prosperity with environmental stewardship by driving energy transition and water sustainability, particularly in rapidly developing regions like Asia. “Southeast Asian nations, including Malaysia, are also making significant progress (in the adoption of renewable energy),” he said in his special luncheon keynote address at the Asia New Economy Summit that was co-organised by KSI