News Recap: Here's What You Missed On BusinessToday Malaysia
If you have missed some of the top news on BusinessToday, the team has summed some of our most read news to help you catch up.
KDEBWM’s Smart Waste Management Recognised For Transforming Waste Industry
KDEB Waste Management (KDEBWM) has won a special award presented by a local business media company placing KDEB under the Corporate Excellence Category in the Utilities Sector. the prestigious award was presented to KDEBWM for its outstanding performance in transforming the waste industry in the state.
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⦁ MATRADE Inks MoC With JETRO To Explore Halal And Digital Transformation Trade Segments
Malaysia External Trade Development Corporation (MATRADE) has inked a Memorandum of Cooperation (MoC) with Japan External Trade Organization (JETRO) in Tokyo to enhance trade promotion co-operation between Malaysia and Japan. the MoC signalled a strong partnership between the two-nation with particular interest to intensify co-operation in Halal and Digital Transformation areas.
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⦁ BIMB Investment Launches First Wakaf Fund In Malaysia To Drive Economic And Social Development
BIMB Investment Management Berhad (BIMB Investment) a wholly owned subsidiary of Bank Islam Malaysia has launched the Makmur myWakaf Fund that will enable investors to grow their financial assets and channel investment return for Wakaf which will in return uplift underprivileged communities.
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⦁ It Is Time For Malaysia To Aim High
Over the next few years, Malaysia will pass the high-income threshold, calculated in GNI per capita, putting the country on the same bar as the world leading economies. Malaysia has long aspired to become a high-income, developed economy and Malaysia is close to achieving that goal and will likely be reclassified as high-income within the next five years.
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⦁ Achieving Malaysia’s True Clean Energy Potential, A Dream Or Reality?
Solar power’s environmental benefits are not new information to most, though adoption in its early years has been slow due to financial viability. According to Wood Mackenzie, solar is now the cheapest form of new electricity in a host of countries. It also points to the cost of solar already falling by 90% over the last two decades and is forecast to fall by a further 15%-25% by 2030. Which leads us to the government announcing a new clean energy target for the country, to generate 31% renewable energy by 2025 and 40% in 2035.
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⦁ Malaysians Expect Putrajaya To Raise Personal Digital Literacy Levels
With Malaysian consumers becoming more trusting of emerging technologies such as facial recognition (61 percent), artificial intelligence (57 percent) and 5G (64 percent), the time is ripe for Malaysia’s public sector to step up experimentation and innovation, accelerating the digital pivot of Malaysian society towards an increasingly digital future.
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⦁ HRDF Launches Job Placement Centre To Match Businesses With Right Talent
HRDF has launched the HRDF Placement Centre (HPC), a one-stop platform to help more Malaysians gain access to job opportunities. Their aims to provide over 50,000 job placements and income generation opportunities through the platform.
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⦁ On The Road To Become Malaysia’s Sustainable Champion
Previously known as DRB-Hicom Environmental Services, the rebranded Alam Flora Environmental Solutions has come a long way since its first start in 2013. The company now looking to become the champion of sustainability in the country is working alongside corporate giants and businesses in Malaysia to educate them on the importance of being purpose-driven and there is more to being a business than just making profit.
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⦁ Malaysia – Japan Collaboration To Assist SMEs Adopt Smart Manufacturing Enters Second Phase
The Malaysia-Japan partnership to assist local manufacturing SMEs in adopting smart manufacturing technologies has entered its second phase, which includes business matching and the creation of Industry 4.0 showcases. Malaysia, through SIRIM Bhd, together with its Japan counterpart, JETRO Kuala Lumpur, has been collaborating to support the introduction of Japanese smart manufacturing and Industry 4.0-related technologies to local SMEs in the manufacturing sector since 2019.
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