Latest news with #RM8
Borneo Post
2 days ago
- Business
- Borneo Post
Saudi Arabia invites Malaysia to assist in organising Expo 2030 Riyadh
Fadillah (third left) with Ghazi during his visit to the Saudi Arabia Pavilion at Expo 2025 Osaka on Saturday. OSAKA (June 1): The Kingdom of Saudi Arabia has extended an invitation to Malaysia to assist in organising Expo 2030 in Riyadh. According to Deputy Prime Minister Datuk Seri Fadillah Yusof, this was proposed to him from the Kingdom of Saudi Arabia Ambassador to Japan, Dr Ghazi Faisal Binzagr, during his visit to the Saudi Arabia Pavilion at Expo 2025 Osaka. 'They want to invite Malaysia to be involved together for Expo 2030, which they will host in Riyadh. 'This is an opportunity for us (Malaysia). It means we are recognised. 'So, later I will bring this back to discuss with the Cabinet, to see how we can explore what are the areas that we can work with them on this,' he told reporters during a press conference after attending a dinner with the Malaysian Diaspora in Osaka on Sunday night. Fadillah was here for the launch of the Malaysia Pavilion at Expo 2025 Osaka, where he had the chance to explore the pavilions of other countries including Japan, Indonesia and Saudi Arabia. 'They want to see how we can be involved from the beginning, from the planning stage – and also what else that we can contribute from our country. 'After this, our Malaysian Ambassador to Japan will discuss this further with the Saudi Arabia Ambassador. 'From there, we will start the initial discussions, and they will make a report for us to bring back. The detailing part is, how we can identify the opportunities to be involved together.' Earlier on, the Deputy Prime Minister announced that Malaysia has achieved more than RM8 billion in potential investments through the signing of 20 memoranda of understanding (MOUs) within the first two months of the Malaysia Pavilion at this expo. This makes up 61 per cent of the overall target of RM13 billion in trade and investment through participation in Expo 2025 Osaka. DPM Fadillah Yusof Expo 2025 Osaka Expo 2030
Barnama
3 days ago
- Business
- Barnama
Malaysia Secures RM8 Bln In Potential Investments At Expo 2025 Osaka
BUSINESS Deputy Prime Minister Datuk Seri Fadillah Yusof delivers a speech before officiating the opening of the Malaysia Pavilion at Expo 2025 Osaka today. From Karina Imran OSAKA, May 31 (Bernama) -- Malaysia has successfully secured more than RM8 billion in potential investments and signed 20 memoranda of understanding (MoUs) through its participation at Expo 2025 Osaka, said Deputy Prime Minister Datuk Seri Fadillah Yusof. Fadillah, who is also the Minister of Energy Transition and Water Transformation and chairperson of Malaysia's National Organising Committee for Expo 2025, said this achievement, involving 101 companies, represents 61.54 per cent of the overall RM13 billion target that was previously set. 'I am confident that with our coming initiatives over the next four months, we will not only surpass our target but also unlock new opportunities for Malaysians. The success of our participation will pave the way for job creation while further strengthening bilateral ties with Japan and other global partners. 'So together, we reaffirm Malaysia's role as a trusted global partner in shaping a future built on innovation and collaboration,' he said at the press conference after officiating the opening ceremony of the Malaysia Pavilion at Expo 2025 Osaka, Japan, today. Also present at the official opening ceremony were Deputy Minister of Investment, Trade and Industry Liew Chin Tong, Ambassador of Malaysia to Japan Datuk Shahril Effendi Abd Ghany and Deputy Premier of Sarawak Datuk Amar Awang Tengah Ali Hasan. In addition to the digital economy, Fadillah highlighted the green economy, Japanese technologies, and global participation in Expo 2025 as key opportunities for Malaysia to explore. He noted that these opportunities position Sarawak not only as a hub for energy, particularly green energy, leveraging its hydropower resources, but also as a central player in Malaysia's Hydrogen Economy Roadmap and Energy Transition Roadmap.
Borneo Post
3 days ago
- Business
- Borneo Post
Malaysia secures RM8 bln to date at Expo 2025 Osaka
Fadillah (middle) rings the gong to officiate the launch of the Malaysia Pavilion at the Expo 2025 Osaka on Saturday. OSAKA (May 31): The Malaysia Pavilion has successfully secured more than RM8 billion in potential investments and 20 memoranda of understanding (MOUs) to date at the Expo 2025 Osaka, Japan. This is fast approaching the government's target of RM13 billion in potential trade and investments from this expo. Malaysia's participation vial its own pavilion, which runs from April to October, is supported by the participation from 21 federal ministries and around 70 government departments and agencies. According to Deputy Prime Minister Datuk Seri Fadillah Yusof, this achievement represents 61.54 per cent of Malaysia's target of RM13 billion within just two months of operations, signalling optimism for Malaysia. A total of 101 companies are involved in these investment deals of RM8 billion, with 398 business meetings held so far. 'From our target of 1.5 million visitors over the six-month duration of the Expo, we have surpassed the milestone of 1 million guests at the pavilion this week,' he added during the launch of the Malaysia Pavilion at Expo 2025 Osaka here on Saturday. Also present was Deputy Premier of Sarawak, Datuk Amar Awang Tengah Ali Hasan; Deputy Minister of Investment, Trade and Industry Liew Chin Tong; Ambassador of Malaysia to Japan, Datuk Shahril Effendi Abd Ghany; MITI Deputy Secretary General (Industry) Datuk Hanafi Sakri; and Malaysia Pavilion director Ellyza Mastura Amhad Hanipiah. Fadillah, who is also Minister of Energy Transition and Water Transformation (PETRA), underscored the Expo's role as a strategic and complementary platform not only to showcase Malaysia's capabilities, but also to highlight the collective efforts of the Asean region in shaping a future that is inclusive, equitable, and environmentally responsible. 'Our theme as Chair of Asean this year, 'Inclusivity and Sustainability' aligns seamlessly with Expo 2025's overarching theme, 'Designing Future Society for Our Lives',' he said. 'By being here, we are not only showcasing Malaysia's capabilities and ambitions but also engaging directly with the people of Japan and the wider international community. 'This global stage fosters mutual understanding, encourages meaningful dialogue, and opens new pathways for collaboration across shared areas of interest.' The Deputy Prime Minister recalled that Malaysia had previously participated in the Expo 1970 Osaka 55 years ago — a sign of the staunch camaraderie between Malaysia and Japan. 'From early collaborations in industrial development to contemporary partnerships in technology and education, the connections between our people and our nations are profound. 'The presence of numerous Malaysian students and professionals in Japan, and the reciprocal interest of Japanese in Malaysia's unique heritage, natural beauty and business opportunities, are proofs to this strong affinity.' Expo 2025 Osaka foreign investment Malaysia Pavilion
The Star
3 days ago
- Politics
- The Star
Two former ministers jailed up to 25 years for graft
A court in Colombo sentenced two former ministers from the government of deposed president Gotabaya Rajapaksa on Thursday to decades in prison in a landmark corruption case. Ex-sports minister Mahindananda Aluthgamage and former trade minister Anil Fernando were found guilty by the Colombo High Court of misappropriating 53 million rupees (RM750,572) of state funds. The pair were also fined 170,870 rupees (RM8,481) for using government money to donate board games – including 14,000 carrom boards and 11,000 draughts sets – in an attempt to boost the failed 2015 re-election bid of Gotabaya's elder brother, Mahinda Rajapaksa. Aluthgamage was sentenced to 20 years in jail. Fernando was sentenced to 25 years. Aluthgamage is now the most senior member of a Rajapaksa-led Cabinet to be successfully prosecuted for corruption. The cases against both men were initiated six years ago, when the Rajapaksa brothers were out of power, but the case had been making slow headway until a new government took office last year. Aluthgamage also faces a separate investigation into allegations that he authorised in 2022 a payment of US$6.09mil to a Chinese supplier for a fertiliser shipment that was never delivered. He caused a stir in 2020 when he accused Sri Lanka's national cricket team of rigging the 2011 World Cup final in favour of India, triggering an investigation that ultimately failed to substantiate his claims. Aluthgamage, who served as sports minister from 2010 to 2015, said in June 2020 that he had 'not wanted to disclose' the alleged match-fixing plot at the time. 'In 2011, we were supposed to win, but we sold the match. I feel I can talk about it now. I am not implicating players, but certain sections were involved,' he said. — AFP
New Straits Times
5 days ago
- New Straits Times
Shop assistant claims trial for raping 14-year-old girl
KOTA BARU: A food shop assistant pleaded not guilty in the Sessions Court here today to a charge of raping a Form Three student in a room earlier this year. The accused, Wan Izzuddin Wan Hasim, 21, claimed trial after the charge was read out before Judge Ahmad Bazli Bahruddin. According to the charge, he is accused of raping a 14-year-and-four-month-old girl in a room in Padang Sri Paduka here at about 3am on Jan 24. He was charged under Section 376(1) of the Penal Code, which provides for a jail term of up to 20 years and whipping, upon conviction. Deputy public prosecutor Ahmad Faiz Fitri Mohamad appeared for the prosecution, while the accused was represented by lawyer Ahmad Nurie Abd Rahman. Faiz urged the court not to grant bail, but Nurie appealed for bail to be allowed, citing the accused's financial constraints. He told the court that the accused earned RM1,000 per month as a food shop assistant and that his parents had to borrow money from relatives to raise bail. "Therefore, I respectfully seek the court's consideration and discretion to grant bail," he said. The court then allowed bail of RM8,000 with one surety, and imposed conditions prohibiting the accused from contacting any witnesses. He was also ordered to report to the nearest police station once a month. The court fixed June 30 for mention.
