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Malaysia, South Korea Aim To Enhance ICT MoU, Focus On AI Tech

October 1, 2024

SEOUL, Malaysia and South Korea aim to enhance the Memorandum of Understanding (MoU) on bilateral cooperation in the field of Information and Communication Technology (ICT), which was signed in 2019, by November this year.

The matter was raised duri…

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Petronas inks Five-year Gas Sales Agreement To Ensure Secure Energy Supply For Sabah And Labuan

October 1, 2024

KUALA LUMPUR, Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), will supply gas to Sabah Electricity Sdn Bhd (SESB) for power generation in Sabah and Labuan.

In a statement today, the national oil and gas (OandG) compan…

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BNM Penalises Agrobank For Development Financial Institutions Act Non-compliance

October 1, 2024

KUALA LUMPUR, Bank Negara Malaysia (BNM) had imposed an Administrative Monetary Penalty (AMP) of RM660,000 on Bank Pertanian Malaysia Berhad (Agrobank) for non-compliance with the Development Financial Institutions Act 2002 (DFIA).

In a statement to…

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Malaysia Aims To Complete AI Technology Action Plan Within 12 Months – PM

October 1, 2024

KUALA LUMPUR, Malaysia aims to complete its Artificial Intelligence (AI) Technology Action Plan within the next 12 months, Prime Minister Datuk Seri Anwar Ibrahim said today.

He said this was one of several key technology-related goals targeted for …

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AKPK Reports 53,000 Under-30s Owe RM1.9 Bln – Amir Hamzah

October 1, 2024

KUALA LUMPUR, The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly RM1.9 billion in cumulative debt.

Finance Minister II Datuk Seri Amir Hamzah Azizan said AKPK also found that 28 p…

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