Malaysia Blockchain Infrastructure (MBI) Ushers a New Era For Malaysia's Blockchain
The establishment of the MBI stands as a pivotal catalyst for the nation's digital advancement, purposefully developed to foster sustainable digital integration and support the creation of a cohesive, future-ready national digital infrastructure. This initiative is driven by MIMOS in strategic collaboration with its principal partner and key contributor, MyEG, underscoring a shared commitment to accelerating Malaysia's digital transformation and innovation agenda.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malaysian Reserve
3 hours ago
- Malaysian Reserve
BIMB Securities: Malaysia's 2Q GDP likely below 4.5% estimate
MALAYSIA'S economic growth in the second quarter of 2025 (2Q25) is expected to come in slightly below the Department of Statistics Malaysia's (DOSM) advance estimate of 4.5%, at around 4.3%, according to BIMB Securities Research. In its gross domestic product (GDP) preview, BIMB said the moderation reflects softer private consumption and slower export growth amid persistent global headwinds. Retail sales growth eased to 5% year-on-year – the weakest in six quarters – while export growth slowed to 3.5% from 4.4% in the previous quarter. Manufacturing output growth softened to 3.9% from 4.2%, with the sector's PMI staying below the 50-point mark at 48.9 in 2Q. Exports to China contracted by 4.4%, while growth to the US decelerated to 20.2% from 36.4% in 1Q. BIMB said investment momentum remained solid but is likely to moderate given global uncertainties, including potential US tariffs of up to 100% on semiconductor imports and varying levies on other major economies. Despite external risks, domestic demand is expected to provide some buffer, supported by government measures such as a one-off RM100 cash transfer to all Malaysian adults at end-August and the 25-basis-point cut in the overnight policy rate in July. 'While external uncertainties may weigh on the export-oriented sectors, domestic policy measures are expected to help sustain Malaysia's near-term growth momentum,' the research house said. — TMR
Barnama
3 hours ago
- Barnama
Basic Metals, Non-metallic Minerals And Wood Products Drive Foreign Investments In Sabah
KUALA LUMPUR, Aug 12 (Bernama) -- The three main industries in Sabah that recorded the highest foreign investments over the past decade (2015 to 2024) in the manufacturing sector were basic metal products, non-metallic mineral products, and wood products, according to the Ministry of Investment, Trade and Industry (MITI). For the state's services sector, the hotel and tourism sub-sectors, along with support services, were the main contributors. 'In terms of value, basic metal products recorded RM4.3 billion, followed by non-metallic mineral products at RM2.5 billion, and wood products at RM99.1 million. The hotel and tourism sector recorded RM205 million, and support services amounted to RM37.9 million,' the ministry said in a written reply published on the Dewan Rakyat portal today. The ministry was responding to a question from Datuk Jonathan Yasin (GRS-Ranau), who asked about the total foreign investment made in Sabah over the past 10 years and at present.
Barnama
3 hours ago
- Barnama
Dr Zaliha: Malaysia Promotes CHASE City Vision For Sustainable ASEANUrban Development
GENERAL KUALA LUMPUR, Aug 12 (Bernama) -- Malaysia today called on ASEAN nations to adopt an integrated urban planning approach, which balances environmental stewardship, social well-being, and economic competitiveness through the CHASE City framework. Minister in the Prime Minister's Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa said that the framework, introduced in the Federal Territories, envisions cities that are Clean, Healthy, Advanced, Safe and Eco-friendly, offering a flexible model adaptable to the diverse realities of ASEAN cities. 'It is within this context of interconnected challenges that Malaysia has sought to define a guiding vision, one that is practical in implementation, yet adaptable to diverse circumstances across ASEAN. 'This is not a collection of separate agendas, but an integrated philosophy that guides urban policy, design and governance, in a holistic way,' she said. She said this in her speech at the ASEAN Sustainable Urbanisation Forum (ASUF), ASEAN Governors and Mayors Forum (AGMF) and the Meeting of Governors and Mayors of ASEAN Capitals (MGMAC) 2025, at the Kuala Lumpur Convention Centre (KLCC), here, today. Dr Zaliha said that the CHASE City framework aligns with ASEAN's urban priorities, as it enables collaboration between government, business, academia and civil society, to create sustainable, liveable cities. She cited the Kota MADANI development in Putrajaya as a tangible manifestation of the framework, incorporating low-carbon solutions, AI-driven smart technologies, active and safe mobility, green networks and community facilities. The minister also highlighted Malaysia's membership in the Davos Baukultur Alliance, making it the first country outside Europe to join the global coalition. 'This membership reflects our belief that cities are more than functional spaces. They are cultural and social ecosystems whose physical form should strengthen identity, foster inclusion and inspire pride among residents,' she said.
