KUALA LUMPUR: Khazanah Nasional Bhd and CGC Digital Sdn Bhd are investing in Southeast Asia’s largest unified small and medium enterprise digital finance platform, Funding Societies | Modalku, to broaden financing access for micro, small and medium enterprises (MSMEs). In a joint statement today, the companies said that following the …

KUALA LUMPUR: The newly launched Central Database Hub (Padu) system in Malaysia marks a significant milestone in the government’s pursuit of efficiency and inclusivity, with nobody left behind, said information technology experts. Freddy Loo, who specialises in data and artificial intelligence (AI) technology, said that he is glad that someone …

KUALA LUMPUR: A former Sessions Court judge who was convicted of corruption had his jail sentence reduced from six months to a day’s imprisonment after the Shah Alam High Court allowed his appeal. Azmil Muntapha Abas, 50, also had his fine reduced from RM25,000 to RM12,000 for the offence. The …

Signs are growing that China is trying to contain the damage from harsh new gaming regulations that triggered an US$80bil (RM370.60bil) rout in Tencent Holdings Ltd and its peers. Feng Shixin lost his job as head of the publishing unit of the Publicity Department, which runs the country’s gaming regulator, …

SYDNEY: Asian shares extended a global sell-off on Wednesday, while the dollar held gains, as market optimism about early and aggressive U.S. interest rate cuts ebbed ahead of the release of Fed minutes and jobs data. Europe is set to open lower, with EUROSTOXX 50 futures down 0.4% and FTSE …

JERTIH: Residents of 11 villages in Mukim Keluang near Kampung Raja are making every effort to get clean water due to the water supply disruption that began last Thursday and is expected to last until Jan 21. Apart from the water supply from the relevant authorities, including Syarikat Air Terengganu …

KOTA KINABALU: The top two management of ailing Sabah Electricity Sdn Bhd (SESB) came into the spotlight during debates at the special State Assembly sitting on Wednesday. Datuk Junz Wong of Warisan (Tanjung Aru) named the newly appointed chairman of the utility company and the top executive officer of the …

A little boy who gave gold bars worth US$15,000 (RM69,507) to a girl in his nursery school class as an “engagement” gift, has amused mainland social media. On December 22, in Guang’an, Sichuan province, southwestern China, the little girl was thrilled to receive the extraordinary gift – two 100-gram gold …

KOTA KINABALU: The Sabah government must find out ways to get Tenaga Nasional Berhad (TNB) to absorb the debts in Sabah Electricity Sdn Bhd (SESB) and resolve other financial matters before taking over its operations, said Datuk Seri Mohd Shafie Apdal. The Senallang assemblyman said from what he knew, utility …

PETALING JAYA: The newly-launched Central Database Hub (Padu) should be suspended for now until or unless all flaws surrounding the database hub are resolved, said former deputy international trade minister Ong Kian Ming. The former Bangi MP pointed out that one major flaw of Padu is the way it collects …