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Daily Express
3 days ago
- Business
- Daily Express
Fahmi says Meta, X not doing enough to curb online harm
Published on: Tuesday, June 03, 2025 Published on: Tue, Jun 03, 2025 By: Minderjeet Kaur, FMT Text Size: Communications minister Fahmi Fadzil and CMCF chairman Rafiq Razali launching guidelines for the reporting and sharing of suicide-related content at Cybertorium Star Tower, Petaling Jaya. PETALING JAYA: Communications minister Fahmi Fadzil took social media giants Meta and X to task today for not doing enough to tackle cyberbullying, scams, and harmful content online. He said only TikTok had shown real commitment by voluntarily joining the Communications and Multimedia Content Forum of Malaysia (CMCF). 'We cannot have these social media platforms washing their hands of content that could also create online harm, particularly related to suicide,' he said when launching CMCF's guidelines for the reporting and sharing of suicide-related content here today. Fahmi said he had asked CMCF to engage with Meta, X, and other major players, but that none came forward to participate. He said TikTok, on the other hand, took the initiative 'very early on, even before we came up with the licensing regime for social media and online messaging systems'. 'I wholeheartedly applaud TikTok's approach to voluntarily becoming a member of Content Forum,' he said, contrasting this with the 'far from satisfactory' response from Meta and X. 'Facebook, for example, said that they are going to be licensed. But they must understand that Content Forum is not government-led. It's industry-led. It's actually in their interest to participate so they can help develop best practices and codes of conduct.' Malaysians lost RM53.88 billion to online scams in 2024 – around 3% of the gross domestic product. From 2021 to April 2024, online scams claimed over US$708 million (RM3.18 billion) with more than 95,800 victims, according to the State of Scam Report 2024. Suicide rates have also risen sharply. In 2022, Malaysia recorded 1,068 suicide deaths – up 66.6% from 641 cases in 2020. Selangor had the highest number of cases (305), followed by Kuala Lumpur (135), Johor and Penang (123 each). Fahmi also called on vernacular media to support suicide prevention efforts, saying that mental health resources should be made available in all major languages. 'We need to reach out to the vernacular press. A lot of the content is in English, but our efforts must be understood in all languages,' he said. He urged journalists to adhere to CMCF's guidelines when reporting on suicides, particularly by protecting victims' identities and families' privacy to avoid 'copycat' incidents. 'Reporting about suicide is most sensitive and most harrowing for any journalist (covering the tragedy). We should not divulge the location or the personality in such tragedies,' he said. He said the CMCF guidelines also covered the broader digital ecosystem, providing practical advice on how to safely share lived experiences, avoid trauma-triggering content, and guide people towards available support services. 'This comprehensive approach reflects an understanding that every individual plays a role in creating a safer and more empathetic content environment,' he said. He said Malaysia's leadership in this initiative had also gained international recognition, with the guidelines selected for presentation at the International Association for Suicide Prevention. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
New Straits Times
01-05-2025
- Business
- New Straits Times
AmanahRaya REIT embarks on transformation for long-term growth
KUALA LUMPUR: AmanahRaya Real Estate Investment Trust (ARREIT) is undergoing a comprehensive strategic transformation process to strengthen the foundation for the company's long-term and sustainable growth. In a statement, the company said this reflects its continuous emphasis on strong financial governance, precision in reporting, and alignment with regulatory best practices. It added that over the past year, AmanahRaya-Kenedix REIT Manager Sdn Bhd (AKRM), the manager of ARREIT, has embarked on a strategic transformation journey aimed at building a stronger foundation for sustainable growth. This transformation is guided by five key initiatives focused on enhancing governance, sustainable business growth, people, systems and financial management. ARREIT said while these efforts are already beginning to reshape the organisation positively, the interim transition phase has had an impact on its financial performance for 2024 (FY24) — a necessary step in delivering long-term value to stakeholders. AKRM managing director Mohd Iskandar Dzulkarnain said the company remains focused on enhancing asset performance and driving operational productivity across our portfolio. "Our commitment is to continuously improve value creation for our unitholders through proactive asset management, sustainable initiatives, and operational excellence," he noted. He added that ARREIT remains financially resilient, supported by a diversified portfolio, proactive tenant engagement, and ongoing asset enhancement initiatives aimed at ensuring sustainable returns for its stakeholders. In pursuance of paragraph 9.19(35) of the Main Market Listing Requirements of Bursa Malaysia, the board of directors of AKRM has issued this clarification following a variance of more than 10 per cent between the unaudited and audited profit after tax figures. The deviation arose as part of the audit finalisation process. For the financial year ended Dec 31, 2024, ARREIT reported a profit after tax of RM1.80 million in the audited financial statements, compared to RM4.98 million in the unaudited results announced on Feb 28, 2025. The variance of RM3.18 million arose from technical adjustments identified and applied during the audit finalisation, in keeping with Malaysian Financial Reporting Standards.
Malay Mail
30-04-2025
- Business
- Malay Mail
No changes in fuel prices: RON97, RON95 and diesel rates fixed till May 7
KUALA LUMPUR, April 30 — The retail prices of RON97 and RON95 petrol nationwide remain unchanged, at RM3.18 per litre and RM2.05 per litre, respectively, for the period from May 1 to 7. The Ministry of Finance, in a statement today, announced that there is also no change in the retail price of diesel in Peninsular Malaysia, at RM2.88 per litre, while in Sabah, Sarawak and Labuan it remains at RM2.15 per litre. According to the statement, the price is set based on the weekly retail price of petroleum products using the Automatic Price Mechanism formula. 'The government will also continue to monitor the impact of changes in world crude oil prices and take appropriate measures to ensure that the welfare and well-being of the people are maintained,' it said. — Bernama
The Sun
30-04-2025
- Business
- The Sun
No change in petrol, diesel price until May 7
KUALA LUMPUR: The retail prices of RON97 and RON95 petrol nationwide remain unchanged, at RM3.18 per litre and RM2.05 per litre, respectively, for the period from May 1 to 7. The Ministry of Finance, in a statement today, announced that there is also no change in the retail price of diesel in Peninsular Malaysia, at RM2.88 per litre, while in Sabah, Sarawak and Labuan it remains at RM2.15 per litre. According to the statement, the price is set based on the weekly retail price of petroleum products using the Automatic Price Mechanism formula. 'The government will also continue to monitor the impact of changes in world crude oil prices and take appropriate measures to ensure that the welfare and well-being of the people are maintained,' it said.
The Star
30-04-2025
- Business
- The Star
No change in petrol, diesel price until May 7
KUALA LUMPUR: The retail prices of RON97 and RON95 petrol nationwide remain unchanged, at RM3.18 per litre and RM2.05 per litre, respectively, for the period from May 1 to 7. The Finance Ministry, in a statement on Wednesday (April 30), announced that there is also no change in the retail price of diesel in Peninsular Malaysia, at RM2.88 per litre, while in Sabah, Sarawak and Labuan it remains at RM2.15 per litre. According to the statement, the price is set based on the weekly retail price of petroleum products using the Automatic Price Mechanism formula. "The government will also continue to monitor the impact of changes in world crude oil prices and take appropriate measures to ensure that the welfare and well-being of the people are maintained,' it said. - Bernama
