Harmonising carbon market governance across Asean
With mounting pressure to decarbonise amid diverse economic realities, the Asean Common Carbon Framework (ACCF) offers a timely and strategic opportunity to align our collective efforts. It is more than a technical framework; it is a platform for climate collaboration, economic integration, and environmental integrity.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
an hour ago
- The Star
Govt considers increasing I-BAP allocation following overwhelming response, says Ramanan
KUALA LUMPUR, 7 Ogos -- Timbalan Menteri Pembangunan Usahawan dan Koperasi Datuk Seri R Ramanan menyampaikan ucapan pada Penyerahan Surat Tawaran Kepada Penerima I-BAP di SME Corp hari ini. --fotoBERNAMA (2025) HAK CIPTA TERPELIHARA KUALA LUMPUR: The government has decided to consider increasing the allocation for the Business Accelerator Programme for Indian-owned companies (I-BAP) to RM10mil in the upcoming Budget, following an overwhelming response since its launch in October last year, says Datuk Seri R. Ramanan. The Deputy Entrepreneur Development and Cooperatives Minister said that RM5.13mil from this year's RM6mil allocation had been approved and would be channelled to recipients. Meanwhile, the remaining RM800,000 is being processed for distribution. New applications have reached RM2mil, pushing total applications beyond RM8mil. "Based on discussions with Minister Datuk Ewon Benedick and SME Corporation Malaysia (SME Corp) chief executive Rizal Nainy, we will propose raising allocations to RM10mil in the upcoming Budget. "If applications rise to RM14mil or RM15mil next year, the government will suggest an additional allocation of RM20mil the following year," he told reporters after attending the handing-over of offer letters to I-BAP recipients here on Thursday (Aug 7), where 31 companies received grant offers ranging from RM7,000 to RM100,000. He also shared the latest proposal of raising the rate of matching grants from 50:50 to 70:30, and expanding the scope of use for the grants to include purchasing raw materials and premises rental payments. "This was suggested by Rizal and will help reduce operational costs for small entrepreneurs, giving them room to focus on growth and innovation," Ramanan said. Meanwhile, I-BAP recipient Chocofac (Malaysia) Sdn Bhd's chief executive officer (CEO) A Micheal Dass said that it was the second time his company had applied for the grants and praised the improvements made to the application process, which he described as being simpler and more inclusive. "Previously it was rather complicated; now it's very easy to apply. The aid will help us improve our product and increase sales. SME Corp has also helped us significantly, including providing shipping subsidies for cross-border business transactions," he said. Fellow recipient, MindAppz E-Tuition CEO K. Thinesh Kumar, stated that I-BAP not only helped strengthen small and medium enterprises but also had a significant impact on education technology companies that introduce artificial intelligence (AI)-based learning systems. Finally, Rizal, during his speech, shared that SME Corp would be organising SME Venture@Asean 2025 in conjunction with Malaysia being the Asean Chair, from Oct 16 to 18 at the Malaysian International Trade and Exhibition Centre (MITEC), which will be officiated by Prime Minister Datuk Seri Anwar Ibrahim. – Bernama
The Sun
2 hours ago
- The Sun
ASEAN Tech Summit 2025 to boost regional innovation
THE ASEAN Technology Cooperation & Development Summit 2025 was officially unveiled at The Exchange 106 in Kuala Lumpur on August 6, 2025. Hosted by Intrinsic SEA, the summit is a strategic side event of WE2025: Future in Motion and is designed to advance cross-border technology cooperation and support the WE2025 mission of promoting inclusive innovation, sustainable development, and regional economic leadership. The two-day event will take place from November 25–26, 2025, at MITEC in Kuala Lumpur. The soft launch was officiated by Datuk Mohammad Yusof Apdal, the Deputy Minister of Science, Technology and Innovation. Other notable figures present included Ravenna Chen, CEO of Intrinsic SEA; Dr. Zhao Xiangdong, Counsellor for Science and Technology, Embassy of the People's Republic of China; Richard Teo, Executive Chairman of Qube Integrated Malaysia; and Mr. Hafiidz Amer, CSO of Exchange 106. The summit is expected to bring together over 100 companies, more than 50 global investors, and 2,000 innovators and ecosystem leaders from various countries, including ASEAN nations, China, Canada, Australia, the Middle East, Europe, and Japan. The event aims to position Malaysia as a regional innovation hub and a key enabler for ASEAN-wide collaboration in science, technology, and innovation. The summit will feature a technology exhibition with over 100 booths highlighting cutting-edge innovations. The event will also focus on five strategic pillars: Future Mobility & Smart Transportation, Future Healthcare & Digital Medicine, Future Consumer & Digital Commerce, Future Building & Safety Emergency Response, and Future Employment & Entrepreneurship. The programme will include a visionary opening ceremony, leadership keynotes, ministerial roundtables, and an ASEAN startup and investor showcase. Yusof highlighted that the summit aligns with Malaysia's ambition to lead regional innovation and supports the Ministry of Science, Technology and Innovation's (MOSTI) mission to transform the country into a global technology developer by 2030. He also emphasised the importance of gender-inclusive innovation ecosystems, noting that platforms like this summit are vital for closing the gender gap in STEM. Teo added that while the summit is open to all, it ensures women have meaningful opportunities to lead in tech innovation. In her statement, Chen, emphasised that the summit is not just about building connections but about 'delivering outcomes'. She added, 'By aligning regional strengths in technology and industry, we aim to catalyse real collaboration: accelerating project implementation, integrating technology into key value chains, and fostering a globally competitive ecosystem that empowers ASEAN's next wave of growth and innovation'. Chen also noted that the summit is a 'strategic commitment' aligned with Malaysia's fifth ASEAN Chairmanship, the 10th anniversary of the ASEAN Community, and the shared aspirations of ASEAN Vision 2045. The ASEAN Technology Cooperation & Development Summit 2025 is a flagship forum co-hosted with WE2025: Future in Motion, which is Malaysia's premier platform for advancing women in trade, investment, and leadership. WE2025 is organised by Qube Integrated Malaysia in collaboration with the Ministry of Women, Family and Community Development and the Department of Women Development
Malay Mail
2 hours ago
- Malay Mail
Tengku Zafrul: Neglect workers and SEA risks extreme political backlash like in West
KUALA LUMPUR, Aug 7 — Senator Datuk Seri Tengku Zafrul Tengku Abdul Aziz today urged Southeast Asian companies to learn from the rise of trade protectionism in Western countries, calling on them to take proactive steps to ensure their growth is fair and benefits all levels of society. Speaking at the PRAXIS public policy conference at KLCC, the minister of trade, investment and industry said companies in the region must do their part to avoid the trend seen in developed countries, where years of declining living standards for workers have fuelled support for far-right movements. 'I fear the long-term trend where more and more people are challenging the current world economic order,' Zafrul said, in response to a question from a forum moderator. 'We're now seeing governments questioning the current global economic model and calling for a new one. People are increasingly turning to the far right or left. If Malaysians end up worse off, we too may become inward-looking,' he added. He said companies must be ready for such changes and should make sure their growth is inclusive. Asean members are among some of the worst hit by President Donald Trump's aggressive trade policy, a move that has been described as an attempt to redraw the global trade order and bring back manufacturing jobs to the US. Creating jobs was a key election promise of Trump's campaign platform that helped the right-wing tycoon get re-elected for a second term.
