One of the main tasks in tax administration is debt management. The main goal of this function is tax due collection. Statements are processed in order to select strategies to use in the debt management process to optimise the debt collection process. This work proposes to carry out a data mining process to predict debts of taxpayers with high probability of non-payment. The data mining process identifies high-risk debts using a survival analysis on a dataset from a tax administration. Three groups of tax debtors with similar payment behaviour were identified and a success rate of up to 90% was reached in estimating the payment time of taxpayers. The concordance index (C-index) was used to determine the performance of the constructed model. The highest prediction rate reached was 90.37% corresponding to the third group.

In Italy, the reimbursement provided to healthcare organisations for medical and surgical procedures is based on the diagnosis related group weight (DRGW), which is an increasing function of the complexity of the procedures. This makes the reimbursement an upper unlimited function. This model does not include the relation of the volume with the complexity. The paper proposes a mathematical model for the optimisation of the reimbursement by determining the optimal mix of volume/procedure, considering the relation volume/complexity and DRGW/complexity. The decreasing, linear, and increasing returns to scale have been defined, and the optimal solution found. The comparison of the model with the traditional approach shows that the proposed model helps the healthcare system to discern the quantity of the reimbursement to provide to health organisations, while the traditional approach, neglecting the relation between the volume and the complexity, can result in an overestimation of the reimbursement.

In my knowledge graph class yesterday we talked about the SPARQL query language and I illustrated it with DBpedia queries, including an example getting data about the movie Double Indemnity. I had brought a google assistant device and used it to compare its answers to those from DBpedia. When I asked the Google assistant “Who […]

The post Why does Google think Raymond Chandler starred in Double Indemnity? appeared first on UMBC ebiquity.

What is Display & Video 360? Display & Video 360 (DV360) is Google’s advanced programmatic advertising platform that enables marketers to purchase and manage digital ads efficiently. Leveraging real-time bidding and precise targeting features, DV360 facilitates the execution of impactful display and video campaigns across the internet. This article walks you through the [...]

This study looks at what happens to the collection of relationships (network) of service professionals during a role transition (promotion to a management role). Our setting is three professional service firms where we examine changes in relations of recently promoted service professionals (auditors, consultants, and lawyers). We take a comprehensive look at the drivers of two forms of network changes - tie loss and tie gain. Looking backward we examine the characteristics of the contact, the relationship, and social structure and identify which forces are at play in losing ties, revealing an overarching tendency for both cohesion and efficiency forces to play a role. Looking forward, we identify the effect of previous network structures that act as a "shadow of the past" and impact the quality of newly gained relations during the role transitions. Findings demonstrate that role transitions are not only influenced by a few key contacts but that the entire (extant) network of professional relationships shapes the way people reconfigure their workplace relations during a role transition.

This paper examines when firms pursue structural realignment through the recombination of business units. Our results refine and extend contingency theory and studies of organization design by drawing on theories of decision avoidance and delay to describe conditions when firms pursue or postpone structural realignment. Our empirical analysis of 46 firms from 1978 to 1997 operating within the U.S. medical device and pharmaceutical sectors demonstrates that while decision makers initiate structural recombination during periods of industry growth (i.e., munificence), they reduce their recombination efforts during periods of industry turbulence (i.e., dynamism) and managerial turbulence (i.e., growth in top management team size). We also find evidence that firms delay realignment and bide their time for better environmental conditions of declining turbulence and industry growth before pursuing more structural realignment. Together, these findings suggest that decision makers often delay initiating structural recombination until they can effectively process information and assess how structural changes will help them realign the organization to the environment.

Potplayer is a smooth media player with a great looking, minimalist user interface. It has an extensive range of configurable options to choose from and lots of functionality. The application supports Blu-ray, DVD, Audio CD, and countless othe...

BBC Sport takes a look at the players interim boss Lee Carsley has fast-tracked into the England squad for the upcoming Nations League matches.

Trump, should immediately remove Dettelbach from office, fire every ATF employee and disband the entire rouge department. @ATFHQ

Can we at least have some time for public input on something that can profoundly affect us all before sneaking this through?

SAMSUNG MALAYSIA ELECTRONICS recently announced a new initiative – “A Rising Star” – to inspire and unite Malaysian youth, our rising stars, through a memorable one-of-a-kind experience. As a global leader in mobile technologies, A Rising Star demonstrates Samsung Malaysia’s commitment to enhancing the local art and music industry by providing an avenue for today’s youth to truly enjoy art and music – leveraging the unique features of the Galaxy A32, Galaxy A52 and Galaxy A72.

Arts and music, in particular, is at the core of youth culture and plays an important role in advancing their socialisation and creative self-expression. Not only does this campaign aim to bring together young people in Malaysia through their shared passion and appreciation for local art and music, it also draws forth youth’s potential and unite people from all walks of life.

“Youth today are influencing trends we are seeing in culture and those trends are ideated, inspired and created with their smartphones. Their drive to create never stops and Samsung’s innovative technologies are the perfect companion for young people in Malaysia and around the world, encouraging them to channel their creativity and pursue their passions and dreams,” said Elaine Soh, Chief Marketing Officer of Samsung Malaysia Electronics.

Through this initiative, Samsung will mobilise a range of activities that will happen in efforts to allow youths to capture and experience exceptional moments.

Encouraging local music with Universal Music Malaysia

Universal Music Malaysia and Samsung are ecstatic to announce the launch of a music video (MV) by an up-and-coming local artist – Raya-themed MV titled Raya Raya Raya by Malaysian heartthrob girl group DOLLA.

Raya Raya Raya MV touches on the contrast of traditional and modern styles celebrating Hari Raya Aidilfitri where the rapid technology innovations of today have shaped how the important day is celebrated, especially the significance of social media tools and platforms in influencing interactions between family and friends. With that spirit in mind, Samsung also launched a DOLLA TikTok Challenge – to participate, simply dance to DOLLA’s new Raya song and stand a chance to win total of nine units of the brand new Galaxy A32 Samsung is giving away!

Additionally, Samsung and Universal Music will also be working together on activations that will empower youth in achieving their dreams in the music industry, one involving another rising local artistes, Jeii Pong and Gaston Pong, also known as “PongPong”.

KL City takeover powered by Samsung Galaxy A

As part of Samsung’s effort to brighten up the city, Samsung partnered with talented mural artists to, quite literally, paint the town.

Several iconic buildings across KL City have gone through a massively fun makeover. Murals painted on buildings such as the REX KL building in Chinatown no longer sport old and dull grey paint. It is now covered in bright murals featuring fun characters and colors that accurately represent the culture of Malaysia from renowned artist, Orkibal. As for the magical transformation of Drop Inn Lodge at Jalan Tun HS Lee, it is the brainchild of an outstanding graffiti whiz, Lowkey.

Another iconic architecture, the Zhongshan Art Building will also go through the same beautification by well-known mural artist, Bono Stellar and is scheduled to be completed by end of May 2021.

CARLSBERG MALAYSIA unveils limited-edition CHEERS TO FOOTBALL packaging in its third CELEBRATE theme series, tribute to football fans who bring the sport to life with passion and soul!

For a limited time only, Carlsberg Danish Pilsner and Carlsberg Smooth Draught cans and bottles comes in collectible football-themed packaging coined “By Appointment To The Football Fans of Malaysia”. The campaign pays homage to Carlsberg’s longstanding support of football and appreciation towards football fans as they put their club allegiances aside, uniting to be the biggest football family in the world!

In addition to its CHEERS TO FOOTBALL packaging to laud passionate football fans of Malaysia, Carlsberg will be rewarding consumers with limited-edition Carlsberg football jerseys, football tees, RM200 Touch ‘n Go eWallet credit; including a chance to take home the

Grand Prize of RM10,000 cash to 30 lucky winners! Enjoy football matches at home over a cold beer and check out Carlsberg’s ongoing promotion running from June onwards at participating retailers.

Caroline Moreau, Marketing Director of Carlsberg Malaysia said: “The football sport brings families, friends, colleagues and communities together as they cheer for their teams. Carlsberg focuses in bringing unique experiences to beer lovers and fans alike while watching the game with their mates together or apart. Carlsberg has been supporting football fans across the globe to celebrate the unity and passion that brings us together, the same over the love for great beers.”

“In our pursuit of better to lift their spirits during these challenging times, Carlsberg launches its CHEERS TO FOOTBALL packaging series to celebrate dedicated football fans for their unwavering passion for the sport while apart. Our limited-edition Carlsberg tees were curated

with the thought of keeping the excitement and frenzy for football where they can continue to cheer for their favourite teams. We want to encourage their celebratory football moments at home whilst sombre, yet imbue excitement with our limited-edition series and exclusive merchandise,” she added.

CLOSE to one million youths have successfully claimed their eBelia credit via ShopeePay. As of June 7, the programme has succeeded in generating sales amounting to 120% of the total amount disbursed by the Ministry of Finance (MOF) through ShopeePay. Additionally, some 140,000 sellers and traders that accept ShopeePay have already benefited from the eBelia programme.

Head of ShopeePay Malaysia Alain Yee said: ”As one of the newest mobile wallets to enter a crowded space, it is indeed humbling to receive the resounding support from eligible eBelia participants. When compared against MOF’s announcement, the bulk of the 1.7 million successful applicants have chosen ShopeePay. This is possibly because our e-wallet can be used both online and offline nationwide, with a reach as far and wide as Semporna, Sabah; Miri, Sarawak; Kemaman and Gong Badak in Terengganu and Bachok, Kelantan.”

Yee added that based on the preliminary data from June 1 till 7, user behaviour amongst eBelia recipients suggest that the programme has driven adoption of e-wallets and is likely going to lead to long term usage.

“Of the total successful eBelia applicants via our mobile wallet, about 40% are new ShopeePay users that activated their e-wallet just for eBelia. Additionally, we are positive that customer retention rate amongst these new users will be high as over 20% have already topped up their e-wallet at least once within the first week of using ShopeePay,” he explained.

On what the recipients have been spending on, Yee shared that many were seen to be using the eBelia credit on very practical purchases: daily necessities, food and beverages, books, as well as home and living items, among others. A closer look into the spending pattern of these eBelia youths for the past week reveals the following (Observations are made based on top 100 merchants by transactions recorded offline, online (merchants’ webstores and Apps), and on Shopee.

STARBUCKS is once again collaborating with Stacey Bendet, CEO and Creative Director of top fashion house alice + olivia to offer a stylish designer merchandise collection, available for a limited time at select Starbucks stores across Malaysia.

With Stacey’s fun and sophisticated eye for design, the highly anticipated Starbucks X alice + olivia collection showcases two whimsical designs, including the iconic Stace Face, and a modern interpretation of the Stace Face with a colourful twist.

“Starbucks and Stacey Bendet are united by their aspiration to create unique and delightful experiences,” said Erin Silvoy, vice president, Product and Marketing, Starbucks Asia Pacific.

“Since our very first collaboration with alice + olivia, our customers have kept asking for more. Now, we’re excited to launch a new Starbucks X alice + olivia collection with bold, yet chic designs fit for everyday occasions, to encourage our customers to embrace self-expression and give them the confidence to live a life in style.”

Bendet herself added: “Both Starbucks and alice + olivia love creating unique and empowering experiences.

“With our rainbow Stace Face designs we hope to bring some colourful fun to the world!”

The exclusive collection will bring fashion and style to life once more, with a unique lineup that includes mugs and waterbottles, such as:

► Small Tote – The timeless look of the humble tote bag is reimagined with a modern interpretation of the ‘Stace Face’ with a colorful and stunning twist. Featuring an interior pocket that is lightweight, this bag is great for on the go.

► Bearista Bear – A soft and fluffy reinterpretation of the Bearista Bear wearing a custom sweater designed in the renowned alice + olivia style, which is matched only by the embroidered alice + olivia shoes.

► 12oz Ceramic Mug – The glossy clear-glazed stoneware gives this mug its special character. The handle is painted by hand with the mug body available in two different designs, one with the colorful spectrum of the Rainbow Stace Squad, and one of the Iconic Stace Face.

► 16oz Stainless Steel Tumbler – This tumbler is sure to keep your beverage at a perfect temperature whether it’s hot or cold with the innovative thermo 3D Double Wall vacuum insulation technology, as well as the medical-grade stainless steel so that there is not transfer of flavours or metal after taste. Available in two designs, the Rainbow Stace Squad and Iconic Stace Face.

► 16oz Ceramic Double Wall Traveler – Insulated with a double-wall construction with flat-white paint and an opaque black lid, which uses a slide open/close function for convenient use. Available in two designs, the Rainbow Stace Squad and Iconic Stace Face.

The limited-edition designer collaboration will be available beginning Sept 28, and priced from RM98 onwards, at select Starbucks stores across Malaysia, while supplies last.

MALAYSIAN consumer associations have been around since the 1960s. However, today we have few that are active and serve consumer interest.

They should continue to fight for consumer rights nationwide and address issues that require better consumer education, stronger laws and enhanced regulatory frameworks, especially in commerce.

Many of these associations face several challenges when it comes to consumer protection, despite existing legal frameworks such as the Consumer Protection Act 1999. The main issues stem from a combination of factors, including:

Limited awareness: Many consumers are not fully aware of their rights under consumer protection laws. This lack of awareness leads to consumers not filing complaints or pursuing justice when their rights are violated.

Weak enforcement: While there are laws in place, the enforcement of these laws can be inconsistent. Regulatory agencies sometimes lack the resources or the will to take effective action against businesses that violate consumer rights.

Online transactions: With the rise of e-commerce, there have been increasing complaints about fraud, counterfeit goods and scams. Consumer protection laws are still catching up to fully address issues arising from online transactions, leaving many consumers vulnerable.

Delayed resolutions: Consumers often face long wait-times when filing complaints or seeking compensation. Dispute resolution mechanisms can be slow, which discourages consumers from pursuing complaints.

Misleading advertisements: There have been cases of misleading or false advertising where consumers end up buying products or services that do not meet expectations. The penalties for businesses engaging in such practices are not always strong enough to act as a deterrent.

Price gouging: In certain industries, especially during times of crisis, for example, the Covid-19 pandemic, price gouging can be a significant issue, with some businesses exploiting consumers by drastically raising prices on essential goods.

The government also has a duty to see that consumer associations function as they should and continue to stay active, and that they are fully supported.

Consumers should take action to defend their rights and ensure they are not violated while pursuing consumer protection.

Bulbir is a former president of the Negeri Sembilan Consumers Association. Comments: letters@thesundaily.com

I WRITE this letter with a heavy heart. After nearly three decades of loyalty to Malaysia Airlines (MAS), it pains me to say that our national carrier, once a symbol of pride and prestige, is rapidly losing its appeal.

As a frequent traveller since my 30s and 40s – flying MAS monthly for work across the globe – my commitment to our national airline has remained steadfast. Even in the face of criticisms, I stood by MAS, altering flights and routes just to support it.

Today, in my late 50s, I still travel monthly to Sarawak and take an annual trip abroad to Mecca. However, I now find myself questioning whether this loyalty is justified.

Sarawak is a gem waiting to be discovered, with immense tourism potential. However, with the current airfares, especially on MAS, many potential travellers are priced out, severely hampering the state’s tourism growth.

The recent prices to Kuching are, to put it plainly, shocking. Last-minute bookings are unavoidable at times, but I was appalled to be charged nearly RM4,700 for a return business ticket to Kuching. Even my staff, flying economy, paid close to RM3,000 for the same route.

Planning ahead does not seem to help much either; even when booked a month in advance, return tickets are close to RM3,000 for business class and over RM1,300 for economy. This level of pricing is absurd, especially for a domestic route.

I believe, as many do, that with premium prices should come a premium experience. Unfortunately, MAS no longer delivers on this. The business lounge, once a place to relax before flights, has deteriorated.

As I write this on Oct 30, the restrooms in the lounge are still under renovation – a situation I encountered throughout September as well.

The dining experience in the lounge has lost its lustre.

Recently, while attempting to enjoy a simple nasi lemak, I was served boiled eggs still in their shell. When I requested help to remove the shell, the response from the staff was, “we don’t do that”, which was disappointing and telling of how far standards have dropped.

Onboard, the situation does not improve. In business class, we now deal with seats that do not recline properly.

The food, an essential part of any long-haul experience, has worsened. On two recent occasions, the in-flight meals were barely edible, bordering on “off”. In one instance, the lack of quality even made me hesitate to eat.

The lack of comfort in facilities and amenities makes each flight less enjoyable than the last. Even my annual long-haul flights to Mecca on MAS, which I look forward to each year, have not been immune to these setbacks.

Travelling such distances should bring an experience that feels seamless and comfortable, but MAS has started to fall short even here.

Adding to this is the cumbersome process of booking tickets online. With ticket sales exclusively digital, resolving booking issues becomes frustratingly difficult.

Customer service, once a proud element of MAS’s offering, is increasingly subpar, with representatives often unable to assist adequately.

The only saving grace, as many loyal customers like myself would agree, are the cabin crew. Their friendliness and dedication are a testament to the heart and spirit MAS was once known for – they are MAS’s real assets.

If MAS continues along this trajectory, it will lose the loyalty of not only long-standing customers like myself but also the new generation of travellers.

Competing airlines like Emirates and Saudi Airlines are waiting in the wings, ready to welcome disillusioned MAS customers with open arms.

As I reluctantly contemplate flying with them, I realise how close MAS is to losing the competitive edge it once had. My hope is that MAS’s management and its owners take heed of these issues
and recognise the urgent need for improvement.

This is not just about ticket prices or outdated lounges; it is about restoring pride in our national airline and ensuring it represents Malaysia as it once did – with quality, excellence and care.

MAS has a legacy worth fighting
for, but only if the commitment to improvement is genuine. For the sake of all who continue to fly MAS out of loyalty and pride, I urge the airline’s leadership to act swiftly and decisively to bring MAS back to its roots as a serious and reliable airline worthy of our national identity.

Prof (Haji) Said Bani CM Din

Loyal (but concerned)
MAS traveller

MALAYSIA, like many Southeast Asian countries, faces the challenge of balancing sustainability, reliability and affordability in its energy goals. Is the country ready for renewables?

The country has set ambitious targets: net-zero emissions by 2050 and increasing the share of renewable energy in its power mix. These goals are impressive and align with the global push towards sustainable energy. However, achieving them requires more than ambition. We need strategic planning, significant investment and innovative technologies.

Prime Minister Datuk Seri Anwar Ibrahim’s visit to Berlin in March was not just ceremonial; it highlighted the importance of international collaboration and technology transfer in supporting Malaysia’s renewable energy goals. Global partnerships are essential for advancing the nation’s energy future.

Malaysia’s Renewable Energy Roadmap aims for 31% of the country’s power capacity to come from renewable sources by 2025 and for carbon emissions to be reduced by 45% by 2030. As of 2022, renewable energy capacity has grown to over 9,000 megawatts – a 50% increase since 2013.

However, renewable sources only produced 3.1 terawatt-hours of electricity, compared with 77.3 terawatt-hours from coal. Clearly, there is room for growth.

Imagine a seamless flow of electrons from renewable sources such as solar and wind into the national grid. These sources are often in remote areas, far from the high-demand city centres. The challenge is transporting this energy efficiently and ensuring a stable supply despite the variable nature of renewables.

Intermittency, the fluctuation in energy production from sources like solar and wind, can cause instability in the power grid, which traditionally relies on consistent output from fossil fuels. If the grid is not ready to handle these fluctuations, it could lead to blackouts or energy shortages.

To avoid stranding existing assets, Malaysia can repurpose peaker plants or retired thermal power plants using the Rotating Grid Stabiliser solution. This cost-effective solution ensures a reliable energy supply during the transition.

Stabilising voltage and frequency with synchronous condensers enhances the grid’s reliability, making it easier to integrate renewable energy. This approach supports the grid and maximises existing infrastructure, making the transition more practical and economically viable.

As mentioned, some sources of energy are far from high-demand city centres. This is not just a challenge for Malaysia but for the entire Southeast Asia. Efficient energy transport would ensure secure energy for Malaysia and nearby countries, making the region more resilient.

The Asean Grid ambition aims to create an interconnected electricity system among member states. By developing this integrated network, we can enhance energy security, promote renewable energy use and ensure a more reliable power supply across borders.

Long-distance power transmission requires a strong grid infrastructure. High-Voltage Direct Current (HVDC) technology can efficiently transmit large amounts of power over long distances with minimal energy loss.

Think of HVDC as a superhighway for electricity. This technology will allow Malaysia to export surplus renewable energy to neighbouring countries like Singapore, fostering regional cooperation and energy security.

Modernising the grid with HVDC will enhance Malaysia’s energy system, allowing it to accommodate more renewable energy and reduce environmental impact. This interconnected grid will support Malaysia’s renewable energy goals and set a precedent for sustainable development in the region.

However, these goals come with challenges. The energy sector is still developing and needs substantial investments – up to US$10.8 billion (RM47.33 billion) for solar PV alone. There is also a lack of awareness about the financial returns on these investments, which can hinder progress.

Public-private partnerships, supported by a strong regulatory framework, can help overcome these obstacles. Key actions include improving the financing landscape, reducing project approval times and ensuring policy transparency.

We recognise the complexities of this transition. With every step, we can make progress.

Malaysia’s journey will involve expanding renewable energy use, transforming conventional power, strengthening electrical grids, securing the supply chain and driving industrial decarbonisation. Each action contributes to a greener Malaysia.

Thorbjorn Fors is the group senior
vice president and managing director of
Asia Pacific Siemens Energy.
Comments: letters@thesundaily.com

MOSCOW: Former Russian President Dmitry Medvedev accused European leaders on Tuesday of seeking to dangerously escalate the Ukraine conflict following the re-election of former U.S. President Donald Trump.

Medvedev, a senior security official, wrote on Telegram that European politicians were aiming to “push the conflict with Russia into an irreversible phase” while they could and warned against allowing Kyiv to use Western long-range missiles to fire at targets inside Russia.

Medvedev dismissed what he called “ultimatums” issued by German opposition leader and possible next chancellor Friedrich Merz about Ukraine’s use of such weapons as “electioneering in nature”.

“It is clear that these missiles are not capable of changing anything significantly in the course of military operations”, he said.

French President Emmanuel Macron and British Prime Minister Keir Starmer reaffirmed their support for Kyiv during talks in Paris on Monday, while France’s foreign minister urged Ukraine’s allies not to prejudge how Trump will handle the conflict.

“Generally speaking, it is surprising to what extent the current generation of European politicians wants to drag the war into their territory”, Medvedev said.

Medvedev previously said that Trump’s win would likely be bad news for Ukraine. Trump, a Republican, has repeatedly criticised the scale of Western aid to Kyiv and has promised to end the conflict swiftly, without explaining how.

The Kremlin dismissed on Monday reports that Trump had spoken to Russian President Vladimir Putin in recent days as “pure fiction.”

BERLIN: German Chancellor Olaf Scholz will hold a vote of confidence in parliament on Dec. 16, a source told Reuters on Tuesday, a move that would pave the way for snap elections following the collapse of his three-way governing coalition.

More to follow

NEW YORK: The judge overseeing Donald Trump’s criminal hush money case has put off ruling on whether the president-elect’s conviction should be thrown out on immunity grounds, enabling prosecutors to weigh next steps following his Nov. 5 election victory.

Justice Juan Merchan had been due to rule on Tuesday on Trump’s argument that the U.S. Supreme Court’s decision in July that presidents are immune from prosecution involving their official acts meant the New York state case should be dismissed.

Instead, Merchan granted a request by Manhattan District Attorney Alvin Bragg’s office to have until Nov. 19 to consider how to approach the case in light of Trump’s looming inauguration in January 2025, email correspondence made public on Tuesday showed.

Trump’s scheduled Nov. 26 sentencing is now widely expected to be postponed.

Trump in May became the first U.S. president - former or sitting - convicted of a crime when a jury in Manhattan found him guilty on 34 felony counts of falsifying business records to cover up a potential sex scandal shortly before his first election win in 2016. Trump, who pleaded not guilty, has vowed to appeal the verdict after sentencing.

Prosecutor Matthew Colangelo wrote there were “competing interests” between ensuring a criminal case proceeds as usual and protecting the office of the president.

“The People agree that these are unprecedented circumstances,“ Colangelo wrote.

Trump is set to be the first felon inaugurated as president after his victory over Vice President Kamala Harris.

At issue in the six-week Manhattan trial was a $130,000 payment made by Trump’s then-lawyer Michael Cohen to adult film actress Stormy Daniels to keep quiet about a sexual encounter she said she had with him in 2006 but which he has denied.

Trump’s defense lawyer Emil Bove wrote that the case ultimately needed to be dismissed to avoid interfering with Trump’s presidential duties.

“The stay, and dismissal, are necessary to avoid unconstitutional impediments to President Trump’s ability to govern,“ Bove wrote.

TRUMP FACED FOUR CRIMINAL CASES

Trump, 78, is hoping to enter office unencumbered by any of four criminal cases he has faced and which once were thought to have threatened to derail his 2024 candidacy to return to the White House after having served from 2017-2021.

The Republican Trump has portrayed the hush money case brought by Bragg, a Democrat, and the three other state and federal criminal indictments brought in 2023 as politically motivated attempts to harm his presidential campaign. He pleaded not guilty in all four cases.

“It is now abundantly clear that Americans want an immediate end to the weaponization of our justice system,“ Trump campaign spokesperson Steven Cheung said in a statement on Tuesday.

Special Counsel Jack Smith brought two of the cases against Trump, one involving classified documents he kept after leaving office and the other involving his efforts to overturn his 2020 election loss. A Florida-based federal judge in July dismissed the documents case. The Justice Department is now evaluating how to wind down Smith’s election-related case.

Trump also faces state criminal charges in Georgia over his bid to reverse his 2020 loss in that state, but the case remains in limbo.

The Supreme Court, in a decision arising from one of Smith’s two cases against Trump, decided that presidents are immune from prosecution involving their official acts and that juries cannot be presented evidence of official acts in trials over personal conduct. It marked the first time that the court recognized any degree of presidential immunity from prosecution.

In making the case for immunity, Trump’s lawyers said the jury that convicted Trump in the hush money case was shown evidence by prosecutors of his social media posts as president and heard testimony from his former aides about conversations that occurred in the White House during his 2017-2021 term.

Bragg’s office countered that the Supreme Court’s ruling has no bearing on the case, which they said concerned “wholly unofficial conduct.” The Supreme Court in its ruling found no immunity for a president’s unofficial acts.

WASHINGTON: A federal jury on Tuesday ordered a US defense contractor to pay $42 million in damages to three Iraqi men who were tortured at Abu Ghraib prison, their lawyers said.

CACI Premier Technology Inc was found liable at the conclusion of a long-running trial for its role in the torture of the three men at the notorious prison in 2003 and 2004, the Center for Constitutional Rights said.

Suhail Al Shimari, a middle school principal, Asa’ad Zuba’e, a fruit vendor, and Salah Al-Ejaili, a journalist, were each awarded $14 million in damages, the center said in a statement.

The three men filed suit against CACI, a private company based in Arlington, Virginia, in 2008.

Abu Ghraib prison, west of Baghdad, became a potent negative symbol of the US occupation of Iraq after evidence emerged of detainee abuse by American soldiers at the facility.

Most of the abuse took place at the end of 2003, when CACI employees were working in the prison, according to the suit.

The company’s civilian employees were accused of having encouraged US soldiers to abuse the prisoners to prepare them for interrogation.

Criminal charges were brought against 11 low-ranking guards, including former army reserve specialist Lynndie England, who was shown smiling in photographs while posing next to naked prisoners.

The case against CACI was brought under a section of the US Code called the Alien Tort Statute, which allows non-US citizens to file suit in US courts for human rights violations for incidents that took place outside the United States.

CACI claimed that most of the alleged abuse was approved by the then-US defense secretary, Donald Rumsfeld, and incorporated into rules of engagement by military commanders at the prison.

“Today is a big day for me and for justice,“ Al-Ejaili said in a statement.

“This victory is a shining light for everyone who has been oppressed and a strong warning to any company or contractor practicing different forms of torture and abuse.”

Katherine Gallagher, an attorney at the Center for Constitutional Rights, welcomed the jury’s verdict saying it “makes clear CACI’s role in this shameful part of our history.”

“Private military and security contractors are put on notice that they can and will be held accountable when they breach the most fundamental international law protections -- like the prohibition against torture,“ Gallagher said.

“For 20 years, CACI has refused to take responsibility for its role in torture at Abu Ghraib.”

WASHINGTON: U.S. President-elect Donald Trump said on Tuesday he has picked Fox News Channel host Pete Hegseth to be secretary of defense, tapping an outsider who has railed against diversity in the military.

“Pete is tough, smart and a true believer in America First,“ Trump said in a statement. “With Pete at the helm, America’s enemies are on notice - Our Military will be Great Again, and America will Never Back Down.”

Hegseth is an Army National Guard veteran and according to his website served in Afghanistan, Iraq, and Guantanamo Bay, Cuba.

Hegseth has said he left the Army in 2021 after being deemed an extremist by an Army that didn't want him anymore.

“The feeling was mutual -- I didn’t want this Army anymore either,“ Hegseth said in his book “The War on Warriors: Behind the Betrayal of the Men Who Keep Us Free.”

There is already anxiety in the Pentagon that Trump aims to root out military officers and career civil servants he perceives to be disloyal.

Culture war issues could be one trigger for firings. Trump was asked by Fox News in June whether he would fire generals described as “woke,“ a term for those focused on racial and social justice but which is used by conservatives to disparage progressive policies.

“At a basic level, do we really want only the woke ‘diverse’ recruits that the Biden administration is curating to be the ones with the guns and the guidons?” Hegseth wrote in “The War on Warriors,“ which was published in June.

“We want those diverse recruits -- pumped full of vaccines and even more poisonous ideologies -- to be sharing a basic training bunk with sane Americans,“ he said.

Trump's former U.S. generals and defense secretaries are among his fiercest critics, with some declaring him unfit for office. Angered, Trump has suggested that his former chairman of the Joint Chiefs of Staff, Mark Milley, could be executed for treason.

MANILA: Former Philippine President Rodrigo Duterte said the International Criminal Court (ICC) should ‘hurry up’ with its probe of his war on drugs, remaining firm in his defence of the brutal campaign as he said the investigation should start immediately.

“I’m asking the ICC to hurry up, and if possible, they can come here and start the investigation tomorrow,“ Duterte said in a congressional inquiry on his war on drugs.

“If I am found guilty, I will go to prison.”

According to police data, more than 6,200 people died in anti-drug operations under Duterte’s presidency, during which police typically said they had killed suspects in self-defence.

Human rights groups believe the real toll to be far greater, with thousands more users and small-time peddlers killed in mysterious circumstances by unknown assailants.

“I assume full responsibility for whatever happened in the actions taken by law enforcement agencies of this country to... stop the serious problem of drugs affecting our people,“ Duterte said.

The ICC last year cleared the way for an investigation to into the thousands of deaths and other suspected rights abuses.

The Philippines withdrew from the ICC in March 2019, when Duterte was president. Appeals judges at the ICC subsequently ruled prosecutors still had jurisdiction over the alleged crimes because they occurred when the Philippines was an ICC member.

KUALA LUMPUR: The man who allegedly murdered a woman believed to be his mother and stuffed her body in a freezer about three years ago at a house in Taman OUG, Jalan Klang Lama here has been remanded for seven days starting today.

Kuala Lumpur police chief Datuk Rusdi Mohd Isa said the 53-year-old unemployed suspect will be remanded until Nov 19.

He said the suspect has no prior criminal record, and the police are still awaiting a health report from the hospital as well as the autopsy report on the victim’s body.

“The suspect himself contacted the police to surrender, and his actions are still under investigation,” he said in a statement today.

At about 8.45 am yesterday, police were alerted about the discovery of a woman’s body at a house in Taman OUG, leading to the arrest of the suspect.

The victim’s body was sent to the University Malaya Medical Centre for a post-mortem and the case is being investigated under Section 302 of the Penal Code.

PUTRAJAYA: The founding couple of FashionValet Sdn Bhd, linked to the investment loss of Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB), continued giving their statement to the Malaysian Anti-Corruption Commission (MACC).

The vehicle carrying the couple arrived at MACC headquarters here at 2.50 pm.

Today marks the sixth day of their statements being recorded after the MACC detected several suspicious account transactions in its probe into investment losses totalling RM43.9 million.

MACC Chief Commissioner Tan Sri Azam Baki was reported to have said that the commission was reviewing and investigating the cash flow received by the e-commerce business platform founders.

MACC is also reported to have frozen several of the couple’s private and company bank accounts worth about RM1.1 million through Op Favish on Nov 6.

SINGAPORE: Royal Malaysian Navy (RMN) chief Admiral Datuk Zulhelmy Ithnain called on Singapore Defence Minister Dr Ng Eng Hen on Wednesday as part of his three-day introductory visit to the island republic.

The Singapore Defence Ministry (Mindef) said during the meeting at Mindef, both leaders reaffirmed the importance of maintaining strong ties between the navies of the two countries and discussed regional security developments.

“Zulhelmy’s visit underscores the warm and long-standing bilateral defence relations between Singapore and Malaysia,” Mindef said in a statement.

The Malaysian navy chief also called on the Republic of Singapore Navy (RSN) chief Rear-Admiral Sean Wat where they discussed opportunities to strengthen the relationship between the two navies.

Meanwhile, Zulhelmy will visit RSS Singapura – Changi Naval Base on Thursday as part of his programme here.

He will also visit the Information Fusion Centre, a regional Maritime Security centre situated at the Changi Command and Control Centre (CC2C), which is hosted by the RSN.

Zulhelmy, together with Wat, will also attend the opening ceremony of Exercise Malapura 2024 to commemorate the 40th anniversary of the flagship bilateral exercise between the RSN and RMN.

Exercise Malapura 2024 will be conducted from Nov 13 to 24.

The RSN and RMN interact regularly through bilateral exercises, visits and professional exchanges.

Beyond collaborative efforts to safeguard regional maritime security through the Malacca Straits Patrol, the two navies also engage through exercises held under multilateral platforms such as the Five Power Defence Arrangements, the ASEAN Defence Ministers’ Meeting (ADMM), and the ADMM-Plus.

Mindef said these interactions have enhanced the mutual understanding and professional ties between the two navies.

PETALING JAYA: TM Global, the wholesale business arm of Telekom Malaysia Bhd (TM), will expand its Klang Valley Data Centre (KVDC) in Cyberjaya and Iskandar Puteri Data Centre (IPDC) in Johor, addressing the growing demand for domestic and international data hosting services.

This is the next phase in TM’s strategic roadmap to grow its infrastructure ecosystem and position Malaysia as a preferred digital hub in Southeast Asia, aligning with its aspiration to become a digital powerhouse by 2030.

These expansions and TM’s partnership with Nxera to develop a hyperconnected, artificial intelligence-ready data centre, lays the foundation for digital services such as cloud, advanced analytics, AI and the Internet of Things.

Scheduled to begin commercial operations in 2025, the second phase of both KVDC and IPDC will deliver a combined IT load of about 20MW. The expansion will meet Uptime Institute’s Tier-III standards, and the Leadership in Energy and Environmental Design Silver Rating for long-term sustainability, a globally recognised green building certification.

TM Global executive vice-president Khairul Liza Ibrahim said, “KVDC and IPDC are integral infrastructures in Malaysia’s digital ecosystem, serving as international gateways and interconnected points to support 5G networks. This second phase of our data centre expansion will feature sustainable designs, boosting our capacity to support hyperscalers,

OTT players, cloud and next generation AI providers, as well as enterprises.”

TM Global’s data centres are complemented by seven regional Edge Facilities located throughout the country. These support high-performance computing and co-location services to bring content closer to end-users with minimal latency.

“We have enhanced our data hosting services with a recent acquisition of the Facilities-Based Operator licence in Singapore, allowing us to provide seamless, secure data centre-to-data centre connectivity through our extensive domestic fibre optics network and international submarine cable systems. This enables us to meet the growing connectivity demands across the region, linking data centres from Thailand to Malaysia, Singapore, and Batam in Indonesia,” Khairul Liza said.

TM Global offers a comprehensive suite of platform-based services, including multi-edge computing and content delivery, to elevate data hosting solutions. These services are tailored to optimise performance and efficiency, ensuring a robust and reliable data-driven network for customers. Leveraging its extensive network infrastructure, TM Global equips carriers, enterprises, hyperscalers, over-the-top services, and next-generation AI application providers with the tools necessary to drive innovation and seamless digital integration.

KUALA LUMPUR: Malaysia’s government is monitoring developments in the United States for potential changes in policies as a new administration prepares to take office in Washington, said Economy Minister Rafizi Ramli.

He said that given the influence the US has on the global economy, any country in the world would conduct some level of due diligence on the impacts a change in the US administration might bring.

“That is part and parcel of planning. While we await the next few announcements, we will observe how the Trump administration will impact the global economy and ours,” he told reporters after the Sesi Libat Urus Industri Rancangan Malaysia Ke-13 today.

Rafizi said Malaysia must be nimble and agile to react and respond to any geopolitical and international developments that may arise from a change in administration, not only in the US but in any of its large trading partners. “And the US is a very large trading partner for us,” he pointed out.

However, Rafizi noted that many of Malaysia’s plans concerning semiconductors and energy transition are driven by domestic needs and are largely structural. “That means it’s something we have to go through to prepare our industry and economy to be more robust. So in that sense, I think all the key reforms that need to be done still have to be done.”

Additionally, he said, Malaysia’s 13th Malaysia Plan will include initiatives to position the country as a global provider of a comprehensive artificial intelligence-driven data centre ecosystem. “The government’s focus has always been to tap into the opportunities presented by the data centre boom.”

Rafizi emphasised that Malaysia aims to avoid simply attracting data centre without integrating into the data centre value chain and supply chain. “We have been working on a few catalytic interventions to create the ecosystem.”

Rafizi said that by the end of this decade, Malaysia aims to participate in the entire data centre value chain, first benefiting from existing and future data centers in the country. “But more importantly, for us to begin exporting our own data centers around the world.”

For the 13th Malaysia Plan that is being prepared, Rafizi said, the Ministry of Economy is not only holding engagement sessions with state governments but also ensuring that it includes input from key strategic industries.

The sessions focus on the electronics, aerospace and automotive industries, and the process will continue to align government and industry planning. “The main goal is to transition our industries from assembly-based to innovation and creation-based industries,” Rafizi said.

KUALA LUMPUR: Sabah-based infrastructure construction player Azam Jaya Bhd (AJB) aims to bid for more projects by capitalising on the state’s substantial growth in the construction industry, especially in regions where infrastructure development is much needed.

Executive director Datuk Jessica Lo Vun Che said the company plans to enhance its construction capabilities, strengthening its capacity to take on larger projects as part of its long-term strategies.

“We are committed to raising construction standards in Sabah to meet the region’s growing infrastructure demands.

“We are particularly encouraged by the federal government’s commitment to advancing development in Sabah, notably through the Budget 2025 allocations, in which Sabah received the highest development funding among the states.

“Azam Jaya welcomes the recent allocation of RM10 billion under Budget 2025 to complete the Sabah portion of the Pan-Borneo Highway, alongside the additional RM6.7 billion for development in Sabah,“ she said at the company listing on the main market of Bursa Malaysia yesterday.

This robust debut follows an IPO oversubscription of 23.00 times, reflecting strong confidence in Azam Jaya’s business operations and growth potential.

At the opening bell, Azam Jaya’s share price debuted at RM1.00, representing a premium of 28.21% over the issue price of RM0.78, with an opening volume of 5,126,000 shares.

The rose as much as 48.72% to touch its intra-day high of RM1.16 and closed at RM1.09.

“With the proceeds from our IPO totalling RM61.5 million, we are poised to accelerate our growth strategies in exciting ways.

“We are committed to enhancing our construction capabilities by expanding our fleet of machinery and equipment, ensuring we have the tools necessary to meet the demands of our expanding projects,“ Lo said.

Azam Jaya specialises in constructing large-scale road infrastructure in Sabah, including roads, highways, bridges, flyovers, and tunnels.

With over 30 years of experience in the industry, the group has a proven track record, having completed over 50 construction projects in the region.

“The listing of Azam Jaya is a testament to over 30 years of industry expertise navigating the complexities of road construction in Sabah.

“With fresh capital, we are well-positioned to accelerate our growth and seize new opportunities,“ Lo said.

On the financial front, Azam Jaya’s revenue grew from RM231.5 million in the financial year ended December 31, 2021 (FY21) to RM280.8 million in FY23, representing a 2-year compound annual growth rate (CAGR) of 10.1%.

Regarding dividend policy, Azam Jaya aims to distribute at least 30% of its net profit to shareholders.

From the proceeds raised, RM8.0 million (13.0%) will be allocated to boost construction capabilities and operational efficiencies by acquiring new machinery, equipment, and technological upgrades.

RM28.4 million (46.2%) has been set aside for working capital purposes, RM20.0 million (32.5%) is earmarked for repayment of bank borrowings, and RM5.1 million (8.2%) will be used to defray listing expenses.

Inter-Pacific Securities Sdn Bhd is the principal adviser, sole underwriter and sole placement agent for the IPO exercise.

KUALA LUMPUR: Bursa Malaysia Bhd is experiencing a resurgence in IPOs as 2024 draws to a close, reflecting renewed investor confidence in the local bourse.

With 44 initial public offerings to date, Bursa Malaysia has outpaced other markets in Southeast Asia, emerging as an attractive IPO destination amid a stable economic and political landscape.

According to Mohd Sedek Jantan, UOB Kay Hian Wealth Advisors’ head of investment research, several factors have contributed to this surge. “The risk of doing business in the fourth quarter has subsided as major economic and political uncertainties have passed, such as the US presidential election while Malaysia’s active role in international forums has bolstered the country’s global standing,” he told Bernama.

He reckons that Malaysia’s stable economic indicators, including positive trade figures, healthy employment rates and steady industrial production have fostered a predictable business environment that encourages IPO activity. “Political stability and a clear government policy framework further enhance investor confidence,” he said.

The surge in IPOs on Bursa Malaysia underscores the local bourse’s resilience compared to other regional markets.

Mohd Sedek noted that Malaysia has recorded 36 IPOs so far this year, raising about US$450 million in the first half alone, which accounts for 33% of Southeast Asia’s total IPO proceeds.

“This stands in contrast to a subdued IPO market across the Asia-Pacific, where proceeds have dropped by 63%, largely due to challenges in China and Hong Kong.

“Malaysia has outperformed both Indonesia and Singapore in IPO activity this year,” he pointed out, highlighting that Indonesia faces political uncertainty following its recent presidential election, while Singapore has seen a slowdown in activity due to high regulatory costs and weak investor demand.

In contrast, he said Malaysia’s IPO market benefits from a stable macroeconomic backdrop, business-friendly regulations, and the supportive Madani Economy Framework.

Mohd Sedek said the growth in IPOs reflects optimism in key Malaysian sectors, with recent listings from the construction, manufacturing, and healthcare industries.

He said in the construction sector, which expanded by 22.9% in the third quarter, private and public investments in residential, non-residential, and large-scale infrastructure projects are expected to drive further growth. “Key government initiatives, such as RM9 billion for private finance initiatives and RM25.5 billion from government-linked investment companies are expected to sustain this momentum,” he added.

In the manufacturing sector, Malaysia’s transformation under the New Industrial Master Plan 2030 aims to drive growth in high-value, technology-driven industries. “The government’s focus on digitalisation, green technology, and advanced manufacturing techniques is expected to attract further investments, solidifying Malaysia’s position as a competitive manufacturing hub in Asean,” he said.

Malaysia’s healthcare sector is also expanding due to demographic shifts and rising health awareness. The integration of technology, such as telemedicine and digital health solutions, is anticipated to boost the sector’s growth by improving care accessibility and efficiency. “This trend, coupled with government support for medical tourism, positions Malaysia as a key player in the healthcare industry in the region,” Mohd Sedek said.

Bursa Malaysia CEO Datuk Muhamad Umar Swift expressed satisfaction with the IPO momentum, noting that three Main Market IPOs were listed this week alone.

“This surge reflects a thriving capital market with strong regulatory support and a diverse investor pool. Malaysia has experienced a bull run, making us the Asean exchange with the highest number of IPOs to date this year,” he said.

Echoing this sentiment, the exchange regulator’s chairman Tan Sri Abdul Wahid Omar highlighted the significance of Monday’s listings, which took place on the auspicious date of 11.11. (Nov 11)

“Both companies chose that date for its auspicious nature, marking a rare occasion of two listings on the same day. The last time Bursa hosted two listings on a single day was in November 2017, following the demerger of Sime Darby Group, which saw both Sime Darby Plantation Bhd and Sime Darby Property Bhd debut together,” he said.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that the strong IPO pipeline signals positive prospects for the Malaysian economy, as stable policies and a clear path towards becoming a high-income nation attract investor interest.

“Malaysia’s equities are undervalued, offering upside potential. The economic and policy stability enhances investor confidence, while companies’ growth trajectories inspire optimism for the market’s future,” he said.

Mohd Afzanizam said that as Bursa Malaysia continues to attract IPOs, he expects the exchange’s momentum to inspire small and medium enterprises to pursue similar growth opportunities. “The record-setting IPO activity underscores Malaysia’s resilience and strong capital market position in Asean, providing a positive outlook for 2025,” he added. – Bernama

KUALA LUMPUR: The shift towards subscription-based services is gaining traction in Malaysia, aligning with a broader global trend that redefines how consumers access products.

This model provides an appealing option for many Malaysians, particularly young families and newlyweds, who face rising living costs.

Offering high-quality appliances on a subscription basis eases the financial burden of ownership, allowing consumers to enjoy premium products without the pressure of a large upfront investment.

One notable brand offering subscription-based home appliance services is the South Korean brand, LG.

LG Malaysia product director of subscription business Hojin Jung said the introduction of the LG Rent Up Subscription in Malaysia is a natural progression of the company’s commitment to providing innovative and accessible solutions tailored to the evolving needs of modern consumers.

“LG Rent Up Subscription is inspired by our success with subscription models in South Korea, where we saw significant growth, driven by increasing demand for convenience and affordability.

“Recognising similar trends here, we noticed a growing interest in flexible ownership models in Malaysia, spurred by the need for more cost-effective solutions amidst rising living expenses and fuelled by shifting consumer preferences.

“Since its launch in March 2024, the market response has been encouraging. We have seen growing inquiries from customers who have signed up for our water purifier subscription model and are now exploring subscriptions for other high-demand appliances such as refrigerators, washing machines and TVs.

“This shift highlights a changing mindset in how Malaysians approach home appliance ownership – especially among younger, urban consumers who prioritise access over ownership, seeking premium products without the upfront financial commitment,” Hojin told SunBiz.

He said urbanisation and the desire for more sustainable, convenience-focused living have made subscription services an attractive option.

“By offering top-tier technology on a subscription basis, we make high-end living more accessible while emphasising affordability and environmental responsibility. LG’s Rent Up Subscription model meets Malaysians’ evolving needs, allowing them to enjoy premium technology without the burden of ownership,” he said.

Hojin said the subscription model is gaining popularity among young Malaysians, especially urban professionals and families facing high living costs and limited space.

This trend, he said, reflects a growing shift toward a ‘sharing economy,‘ where access to energy-efficient appliances without the financial strain of ownership is valued.

LG Rent Up Subscription’s launch saw a strong uptake in Kuala Lumpur and major cities, where 40% of tech-savvy millennials prefer renting to stay updated with technology affordably.

Elaborating on the model further, Hojin said that although subscription services share similarities across markets, the Malaysian context has distinct differences.

“In South Korea, for example, the rental model for water purifiers is well-established, with over 70% market penetration. Malaysia, meanwhile, is still in its early phase, but consumer awareness is rising quickly. Moreover, this trend is not isolated to Malaysia. LG is actively preparing to introduce the subscription model in other markets, including Taiwan and Thailand, by year-end.”

Touching on the vision for LG Rent Up in Malaysia, Hojin said the LG Rent Up Subscription is just the beginning of a transformative journey in how it engages with consumers in Malaysia.

“As we look ahead, we plan to expand our subscription offerings to include a wider array of smart home appliances and electronics, reflecting the growing demand for connected living solutions.

“Our vision for LG Rent Up Subscription is to enhance the customer experience by offering seamless integration with our LG ThinQ technology, which already empowers our appliances to be more intuitive and user-friendly. This will allow our customers to enjoy a smart, responsive lifestyle, further elevating the convenience and efficiency of their homes,” he explained.

Hojin said that as the subscription economy continues to evolve, particularly among tech-savvy and environmentally conscious consumers, LG Rent Up Subscription aims to play a pivotal role in making premium technology more accessible.

“Our ultimate goal is to foster a circular economy model in which subscribing to high-quality appliances reduces the financial burden on consumers and contributes to sustainability by extending product lifecycles and minimising waste.

“The more we enhance our subscription model, the more committed we are to making innovative technology more attainable. We ultimately aim to enrich the lives of our customers while promoting responsible consumption and environmental stewardship,” Hojin said.

KUALA LUMPUR: Malaysia’s cross-border renewable energy auction for Singapore’s energy importer, under Energy Exchange Malaysia (ENEGEM), will begin by year-end, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

He explained that, through efforts to integrate regional power grids, the country aims to strengthen energy security across ASEAN member states.

“Further to the regional integrated grid, it can also serve as an economic catalyst in fostering regional cooperation through cross-border renewable energy trade.

“By sharing excess energy, the country can reduce reliance on fossil fuels while building an integrated ASEAN energy infrastructure,” he said in his opening address at the 2nd Sustainability Environment Asia (SEA) 2024.

Fadillah, who is also the Energy Transition and Water Transformation (PETRA) Minister, confirmed that coal-fired generation will be gradually phased out, with no new coal power plants to be established.

He cited the International Energy Agency’s clear stance that reducing coal dependency is crucial to limiting global warming and stressed Malaysia’s commitment to this objective.

“We will continue to enhance grid flexibility by investing in and developing smart grids, digitising the power system, and expanding energy storage systems.

“By 2035, we aim to increase grid flexibility by 20%, enabling greater integration of renewable energy sources,” he added.

Under the National Energy Transition Roadmap, the government aims to raise renewable energy’s contribution to Malaysia’s installed power capacity to 70% by 2050, up from the current 28%.

Meanwhile, he outlined plans to restructure Malaysia’s water services over the next decade in collaboration with the National Water Services Commission (SPAN) and the Malaysian Water Association.

“As of 2023, 97.1% of urban and rural areas had access to water supply, while sewerage services covered 86.9% of major cities.

“Malaysia aims for 98% rural clean water coverage and a 31% non-revenue water rate by 2025 through Integrated Water Resource Management (IWRM),” he said.

Malaysia remains committed to fostering a healthy environment, driving economic prosperity, and improving the quality of life for its people and future generations.

As the country strives toward its net zero carbon goal by 2050, it is vital to capitalise on every opportunity to navigate a sustainable transformation and embrace a circular economy.

“I invite businesses to partner with the government and explore all options for collaboration,” he added.

PETALING JAYA: The latest AHK World Business Outlook Fall 2024 Survey conducted among German companies in Malaysia reveals an optimistic forecast for 2025, with positive sentiment about both current conditions and prospects.

The survey highlights key insights reflecting the resilience and growth expectations of German businesses operating in Malaysia.

When asked to assess the current performance of their company, 92% of German businesses in Malaysia report conditions as “good or satisfactory”, which marks a significant increase of 10% compared to the same period last year.

Strong economic development and confidence among German businesses in Malaysia are expected to continue into next year, with 97% of respondents describing the outlook for 2025 as “favourable or stable”.

While Malaysia has always been recognised for its strong economic foundation, this year’s survey results demonstrate a significant boost in confidence, surpassing expectations from last year’s outlook and highlighting the continued resilience of Malaysia’s economy.

Reflecting this confidence, more than 63% of companies expect positive business development over the next 12 months, while 35% anticipate the current stability will be maintained. Only 1.8% predict a decline in performance, showcasing a predominantly positive outlook for the year ahead.

Additionally, four in 10 companies intend to increase investments in the coming year, suggesting a commitment to further growth within the business community.

Employment plans also appear to be promising, with almost half of the German companies in Malaysia indicating plans to ramp up hiring. An equal percentage (47%) intend to retain their current workforce, emphasising a dual approach to growth and stability in human resources.

While the survey paints a generally encouraging outlook for businesses in Malaysia, respondents identified several challenges that could potentially impact their economic development in the coming years.

Survey participants view demand, economic policy conditions, and lack of skilled workers as potential challenges. These insights underscore the need for ongoing vigilance and strategic planning as companies navigate both opportunities and uncertainties in a highly competitive and volatile global market.

Overall, the findings of the survey illustrate a strong confidence among companies in Malaysia, highlighting a positive trajectory for business development and economic growth in the coming year.

Malaysian-German Chamber of Commerce and Industry (MGCC) executive director Jan Noether said, “The results of the AHK World Business Outlook Fall 2024 Survey align perfectly with our expectations for the future of German business in Malaysia. The strong sentiment and optimism reflected in the survey highlight the positive situation we are experiencing here and underscore our confidence in Malaysia’s economic stability and growth prospects. German companies are comfortable and committed to the Malaysian market, with a clear outlook for continued success and expansion in the year ahead. Moreover, Malaysia’s stable economic environment and supportive policies play a key role in stimulating further investment, reinforcing our belief in the country as a reliable and attractive hub for business growth.”

In Malaysia, the survey was conducted between Sept 23 and Oct 16, with 111 respondents from MGCC member companies, comprising mostly German companies with branches or subsidiaries in Malaysia, primarily from the manufacturing, trade, and services sectors.

The survey is part of the broader AHK World Business Outlook, a biannual global research initiative conducted by the German Chamber of Commerce and Industry. It surveys member companies from the network of German chambers of commerce abroad (AHK), which represent more than 40,000 companies in 93 countries.

PETALING JAYA: The Cisco 2024 AI Readiness Index revealed that only 14% of organisations in Malaysia are fully prepared to deploy and leverage artificial intelligence-powered technologies, up slightly from 13% a year ago.

This underscores the challenges companies face in adopting, deploying, and fully leveraging AI. Given the rapid market evolution and the significant impact AI is anticipated to have on business operations, this readiness gap is especially critical.

The Index is based on a double-blind survey of 3,660 senior business leaders from organisations with 500 or more employees across 14 markets in Asia-Pacific, Japan, and China (APJC). These leaders are responsible for AI integration and deployment within their organisations. The AI readiness index is measured across six pillars – strategy, infrastructure, data, governance, talent, and culture.

AI has become a cornerstone for business strategy, and there is increasing urgency among companies to adopt and deploy AI technologies. In Malaysia, 98% of companies report an increased urgency to deploy AI in the past year, driven primarily by the CEO and leadership team. Additionally, companies are committing a significant amount of resources towards AI, with 55% reporting that as much as 10% to 30% of their information technology (IT) budget is being allocated to AI deployment.

Despite significant AI investments in strategic areas such as cybersecurity, IT infrastructure, and data analytics and management, many companies report that returns on these investments are not meeting their expectations.

“As companies accelerate their AI journeys, it’s critical they adopt a comprehensive approach to implementation and connect the dots to link AI ambition with readiness,” said Cisco Malaysia managing director Hana Raja.

“This year's AI Readiness Index reveals that to fully leverage the potential of AI, companies need a modern digital infrastructure capable of meeting evolving power needs and network latency requirements from growing AI workloads. This must be supported with the right visibility to achieve their business objectives.”

Anupam Trehan, vice-president, people and communities APJC, at Cisco, said: “As the race to adopt AI picks up pace, talent will be a key differentiator for companies. There is already a shortage of skilled talent across various aspects of AI. This means companies will need to invest in their existing talent pool to meet the growing demand. At the same time, it is crucial that all stakeholders – the private and public sectors, educational institutions, and governments – work together to develop local talent so that the entire ecosystem can benefit from the immense potential that AI offers.”

KUALA LUMPUR: Sabah-based beverage manufacturer Life Water Bhd’s new manufacturing plant in Keningau, set to begin operations by December, is projected to increase the company’s annual production capacity to 448 million litres of drinking water, with plans to double this output by 2027.

Managing director Liaw Hen Kong said, in addition, the Kota Kinabalu Industrial Zone 8 Plant 2, planned for completion in 2027, will support the company’s transition to more advanced manufacturing processes, including relocating existing lines and expanding plastic packaging capabilities.

“These investments and expansion reflect our confidence in the market and our ambition to meet future demand. We are not just expanding capacity. We are laying the foundation for a sustainable future by integrating advanced warehousing systems and leveraging modern technologies.

“Beyond manufacturing, we are also exploring new market opportunities in Sarawak and Brunei. Our goal is to replicate our success in Sabah by bringing the same commitment to quality and customer service to new markets,” he said at Life Water’s listing on Bursa Malaysia’s Main Market today.

He said Life Water has strong logistics and distribution capabilities, with a fleet of 75 trucks, ensuring that beverages are delivered efficiently to over 3,250 retail outlets, 520 food service outlets, 150 wholesalers and 100 hotels across Sabah.

“Additionally, with distribution centres in Sandakan, Lahad Datu, Kota Kinabalu and soon in Tawau, we are well-positioned to expand our reach and serve our growing customer base.

“This strategic network supports our goal of making our products accessible to consumers everywhere,” he said.

Liaw said over the past three years, Life Water achieved a compounded annual growth rate of 17.2%, with total revenue rising from RM103.5 million in 2021 to RM166.5 million in 2024.

Similarly, Life Water’s customer base grew from 2,815 to 3,460 customers, highlighting the steady expansion of the company’s footprint in the region.

Liaw said the implementation of the sugar tax announced in Budget 2025 will not affect the carbonated beverages manufactured by Life Water.

He explained that the sugar content in Life Water’s carbonated drinks is below 5g per 100 millilitres (ml). “Our recipe (for the carbonated drinks) is below the threshold of 5g per 100 ml. So we are not affected by the sugar tax.”

Life Water opened at 77 sen in its market debut, a 12 sen or 18.5% premium from the initial public offering price (IPO) of 65 sen. It closed at 94 sen, 29 sen or 44.6% above the IPO price on volume of 233.4 million shares.

The company raised RM63.42 million through a public issuance of 97.56 million new ordinary shares, priced at RM0.65 each.

From the total proceeds, Life Water has allocated 30.0% or RM19 million to set-up an additional drinking water production line at its Sandakan Sibuga Plant 1, 18.9% or RM12.0 million for purchasing a new drinking water manufacturing line at Sandakan Sibuga Plant 2, and 19.9% or RM12.6 million will go toward setting up a second distribution centre in Sandakan.

Furthermore, 15.2% or RM9.6 million is designated for expanding the existing plastic packaging facilities in Kota Kinabalu.

The remaining proceeds of 6.6% and 9.5% or RM4.2 million and RM6 million, respectively, are allocated for working capital and to defray listing expenses.

Holding an 11% share of Malaysia’s bottled water market, the company is also putting focus on automating key manufacturing processes to boost efficiency, reduce wastage, and ensure quality consistency.

The company’s shares are classified as syariah-compliant by the Shariah Advisory Council of the Securities Commission Malaysia.

The company’s public issue portion, made available to the Malaysian public via balloting, was oversubscribed by 32.2 times.

MIDF Amanah Investment Bank Bhd is the principal adviser, underwriter and placement agent for Life Water Bhd’s IPO exercise.

BOLT, Europe’s leading mobility company, is launching its ride-hailing service in Malaysia’s Klang Valley, aiming to provide a fast, convenient, and eco-friendly way for residents to navigate the city. The new service allows users to request rides through the Bolt app, while also offering flexible income opportunities for local drivers, who can set their schedules independently. By increasing transportation options, Bolt’s entry is expected to help alleviate public transport demand, making shared mobility more accessible and offering an alternative to existing ride-hailing services.

Bolt’s mission emphasises reducing reliance on privately owned vehicles and addressing urban challenges such as congestion, air pollution, and limited public spaces. The company envisions integrating its platform into the urban transit network, encouraging the shift to shared mobility solutions that support a more sustainable urban environment.

Afzan Lutfi, General Manager of Bolt Malaysia, highlighted the company’s goal of building cities centred around people rather than cars. “In Malaysia, we’re committed to reducing traffic congestion and transforming public spaces by shifting from private car ownership to shared mobility,” he explained. “By providing affordable and low-emission mobility options, Bolt is not only supporting Malaysia’s urban mobility goals but also enhancing the quality of life in Klang Valley and beyond.”

As the demand for ride-hailing grows in Malaysia, Bolt’s app includes safety features and robust customer support to foster trust between riders and drivers, reinforcing a safe and reliable travel experience. Bolt’s launch marks a step towards shaping a more connected, accessible, and liveable future for Malaysia’s cities.

Alongside the AMG models that were introduced, Mercedes-Benz Malaysia also unveiled the Mercedes-Benz GLC 350 e 4MATIC Coupe.

The Mercedes-Benz GLC 350 e 4MATIC Coupe is a plug-in hybrid model that emphasises both luxury and practicality. The GLC 350 e offers an impressive all-electric range of over 100km (WLTP) and supports speeds up to 140km/h on electric power alone, making it a versatile choice for urban and longer-distance driving.

Design and Exterior Features

The GLC Coupe’s sporty silhouette is complemented by an AMG Line exterior, highlighted with 20-inch AMG multi-spoke alloy wheels, a panoramic sliding sunroof, and aluminium-look running boards with rubber studs. Polished aluminium roof rails enhance its premium profile, while the Digital Light technology with Adaptive Highbeam Assist Plus ensures high visibility across various driving conditions.

Interior and Technology

Inside, the GLC Coupé continues the AMG Line’s sporty aesthetic, with Artico man-made leather upholstery crafted to play with layered surfaces for a premium feel. The instrument panel and beltlines feature Artico leather in a nappa look, paired with a metal structure trim element. Adding to the luxury is a multifunction sports steering wheel in nappa leather and a high-quality Burmester 3D surround sound system.

Safety and Assistance Features

Equipped with the Driving Assistance Plus package, the GLC 350 e offers Active Distance Assist Distronic, Active Lane Keeping Assist, and Pre-Safe Impulse Side, delivering enhanced safety and driver support.

This new GLC 350 e 4MATIC Coupe is priced at RM425,888.

Mercedes-Benz Malaysia has introduced a few new AMG models to their lineup here which are the Mercedes-AMG G63, AMG SL 63 4MATIC+, AMG GLE 63 S 4MATIC+ Coupe and the AMG GLC 43 4MATIC Coupe.

G63 AMG

The all-new Mercedes-AMG G63 made waves when it was introduced to the world earlier this year. It marks the continuation of an icon and is now powered by the tried-and-tested AMG 4.0-litre V8 Bi-Turbo engine. It puts out 585hp and 850Nm of torque.

One of the key new features is the combination of the 48-volt technology and an integrated starter generator (ISG). This lets the new G63 put out an additional 20hp and 200Nm for a short burst.

In terms of performance, the AMG G63 accelerates to 100km/h in just 4.4 seconds as the AMG Speedshift TCT 9G transmission providing ultra quick shifts, while top speed is rated at 220km/h. The top speed goes up to 240km/h with the optional AMG Performance Package.

All that bulk is kept in check with the AMG Active Ride Control suspension with active, hydraulic roll stabilisation and adaptive adjustable damping.

In terms of design, the new G63 is distinguished by the new AMG-specific radiator shell and large air inlet grille in the front bumper. The AMG Night Package on the other hand adds sporty, expressive design elements in black or dark chrome.

Red-painted AMG brake callipers with perforated brake discs are a silent hint at what the car is capable of while 22-inch AMG cross-spoke forged wheels round off the exterior.

For the interior, the Superior Line interior transforms the inside into a luxurious lounge. Highlights include a sliding sunroof, instrument panel in nappa leather, diamond design elements and active multi-contour seats including massage seats and seat climate control which are part of the Energizing Package. The interior is further enhanced with AMG Carbon-Fibre and Nappa leather upholstery.

Entertainment is provided by the Burmester 3D surround sound system which provides an immersive experience through the Dolby Atmos feature. Entertainment and other features such as navigation can be accessed through the 12.3-inch infotainment system that offers the MBUX Augmented Reality Navigation which superimposes graphic navigation and traffic information on line imagine on the infotainment screen.

The new Mercedes-AMG G63 is priced from RM1,948,888 without insurance and individualisation.

SAIC MOTOR MALAYSIA recently celebrated a major milestone for the MG5 sedan at the MG5 Car Delivery Event at MG Motor Glenmarie (Mega Galeri Sdn Bhd), where over 20 new owners gathered to receive their cars. The event, attended by SAIC Motor Malaysia’s management, fostered a strong community atmosphere, uniting MG fans and showcasing the brand’s commitment to its customers.

The success of the MG5 is largely due to efficient coordination among 18 strategically placed MG Motor Authorized Dealerships, allowing prompt vehicle deliveries across Malaysia. This dealer network is key to SAIC Motor Malaysia’s mission to meet the demands of Malaysia’s style-conscious market.

Lee Wen Hsiang, Chief Operating Officer of SAIC Motor Malaysia, noted, “The MG5 has truly resonated with a segment of buyers who prioritise style and individuality. We’re thrilled to celebrate this milestone alongside our customers.” He highlighted that these events strengthen connections with customers, offering valuable feedback that helps improve service and build a vibrant MG community.

The MG5 stands out as the largest sedan in its class, with a sporty design, spacious interior, and impressive warranties. Owners enjoy a 5-year Unlimited Mileage Warranty and a best-in-segment 7-year Unlimited Mileage Powertrain Warranty. Celebrating MG’s 100th anniversary, SAIC is also offering an RM7,000 introductory rebate, bringing the price to RM86,900, making it an attractive option for new buyers.

THE Malaysian government has set an ambitious target for electric vehicles (EVs) to account for 20% of annual new vehicle sales by 2030, encompassing both passenger and commercial categories. As of September 2024, EV sales have reached 5.11% of the total annual volume, a notable increase from 4.12% recorded for the entirety of 2023.

The Ministry of Investment, Trade and Industry (MITI) reported that the adoption of battery electric vehicles (BEVs) has grown significantly in recent years. Total BEV sales stood at 15,876 units in 2024 and 13,513 units in 2023, a sharp rise compared to 3,146 units sold in 2020.

Efforts to Build a Strong EV Ecosystem

MITI credited the improved numbers to the collaborative efforts between government ministries, agencies, and industry players. Before 2018, the EV market in Malaysia was minimal, with limited adoption and infrastructure.

To support the sector’s growth, the government has rolled out a series of initiatives, including:

- Tax exemptions for imported completely built-up (CBU) EVs until the end of 2025.

- Full exemptions on import duty, excise, and sales tax for locally assembled EVs until December 2027.

- A commitment to establish 10,000 EV charging stations nationwide by 2025.

- Full tax relief for BEVs from 2022 to 2025.

Engaging Stakeholders for Infrastructure Expansion

To accelerate EV infrastructure development, MITI has engaged with various stakeholders, including:

- Highway concessionaires

- Hypermarket chains

- The Shopping Complex Management Association

- The Hotel Association and Hotel Owners Association of Malaysia

These sessions aim to encourage the deployment of public EV charging services at key locations such as highways, shopping malls, and hotels to meet the growing needs of EV users.

Five-Year Strategy for EV Growth

In response to a question from Wangsa Maju MP Zahir Hassan, MITI outlined its strategy for EV adoption over the next five years. This includes:

- Strengthening the EV industry ecosystem through public and private sector collaboration.

- Increasing public awareness and accessibility to EVs.

- Expanding EV charging infrastructure to meet the 2025 target of 10,000 public charging points.

MITI expressed optimism about meeting its targets, citing the combined efforts of government initiatives and industry commitment. “With continuous efforts at various levels and support from industry players, the number of public EV charging stations will increase significantly and help achieve the desired goals by 2025,” the ministry stated.

Looking Ahead

As Malaysia pushes toward its 20% EV sales target by 2030, the government’s efforts to incentivize EV adoption and develop the necessary infrastructure are expected to drive significant progress. With rising sales and increasing public acceptance, the country is steadily building a robust foundation for its EV future.

A couple of years ago (I think just after the initial acquisition and when Flickr was being expanded) they offered an "automatic uploader" that scoured your computer and uploaded all images automatically. This sounded great - until I realised you had no control on what was uploaded. My Flickr account has so much junk in it that it would be really hard to clear out - as I have my photos PLUS images I've purchased PLUS images I've downloaded and even scans and stuff like that which I'd never wanted uploaded. These aren't even in albums - so I can't delete them except one-by-one. Fortunately I have my privacy settings set - but not everybody did, and Flickr is a great source for competitive intelligence as a result. Some of the stuff you can find is in the category of "how stupid can you get" (and is a real lesson in the importance of privacy settings). I found a table for a major manufacturer giving volume sales per month 2016 vs. volume sales per month 2015 and YTD value sales. When I was doing the work it was actually current data - invaluable to my client as it was the sort of stuff you cannot ever expect to find but proves there is such as thing as serendipity.

I do recall some colleagues and friends saying that one of the mobile apps that did exactly that by default. Thankfully I have never used any of automatic uploaders. All photos are added manually one by one. Not exactly high tech but a lot safer.

Digital lender Maya Bank, in partnership with Landers Superstore, has issued over 50,000 credit cards in just three months, making it one of the fastest growing credit cards in the country.

The Philippines is pursuing a partnership with Norway to unlock the potential of natural gas in sectors beyond power generation, including logistics and aviation.

Celebrity couple Tom Holland and Zendaya are the highlight names in the cast for Academy Award-winning director Christopher Nolan's next movie.

La Salle star Kevin Quiambao will play for Gilas Pilipinas in the second window of the 2025 FIBA Asia Cup Qualifiers despite his ongoing UAAP Season 87 stint.

Jared Bahay hit timely shots down the stretch to help the Ateneo Blue Eagles deal the free-falling University of the East Red Warriors their fourth straight loss in the UAAP Season 87 men’s basketball tournament, 71-67, Wednesday at the UST Quadricentennial Pavilion in Manila.

Search Engine Roundtable reports today that Google is advising against using the link operator in search. It seems that there have been complaints on Twitter and elsewhere that it is returning some odd results. I have never been a fan of the command; it only ever returned a small sample of pages that link to … Continue reading Google link command gone – never much good anyway! →

So the wait is over. When it was announced that Verizon was to buy Yahoo! there was concern as to what was going to happen to Flickr. Yahoo! never did much in terms of developing Flickr and what it did do was rubbish. Trying to add the location of your photo is an interesting experience … Continue reading SmugMug buys Flickr – should we stay or should we go? →