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The Star
10 hours ago
- Business
- The Star
Malaysia garnered over RM8bil in potential investments at Expo 2025 Osaka, says Fadillah
OSAKA: Malaysia has garnered more than RM8bil in potential investments and signed 20 memoranda of understanding (MOU) through its participation at Expo 2025 Osaka, says Deputy Prime Minister Datuk Seri Fadillah Yusof. Fadillah, who is also the Energy Transition and Water Transformation Minister and Malaysia's National Organising Committee for Expo 2025 chairman, said this achievement involved 101 companies, representing 61.54% of the overall RM13bil target. "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, on Saturday (May 31). Also present at the official opening ceremony were Deputy Investment, Trade and Industry Minister 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. Regarding the signing of the 20 MOU, Fadillah said the Malaysian Pavilion has facilitated several high-impact MOU and strategic partnerships that reflect the country's forward-looking approach to regional collaboration, sustainable development and technological advancement. "This agreement has covered a wide range of sectors, including renewable energy, digital, property services, biotechnology, caregiving innovation and infrastructure development. "The key focus areas have included efforts to support decarbonisation, advance green hydrogen solutions, strengthen dementia care capabilities and promote smart facility systems and sustainable materials," he explained. Collectively, the partnerships underscored the Malaysia Pavilion's role as a hub for generating tangible economic outcomes, also encouraging cross-border knowledge sharing and reinforcing Malaysia's position as a regional leader in clean technology, inclusive innovation and future-ready industries, said Fadillah. Earlier, in his opening speech, Fadillah also shared that the Malaysia Pavilion at Expo 2025 had surpassed the remarkable milestone of one million guests this week. Fadillah said Malaysia and Japan's longstanding relations and strong ties extend beyond economic relations, encompassing a shared commitment to regional stability and cultural understanding. He said the camaraderie between both countries has been carefully nurtured and strengthened over many decades, evolving into a truly comprehensive and robust partnership. "From early collaborations in industrial development to contemporary partnerships in technology and education, the connections between our people and our nations are profound. "Thus, major international events such as this provide an invaluable opportunity to deepen longstanding ties. 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," he said. Fadillah added that the global stage fosters mutual understanding, encourages meaningful dialogue and opens new pathways for collaboration across shared areas of interest. In line with the launch, the Malaysia Pavilion also unveiled its official mascot, "Lina", a Malaysian girl who embarked on a journey of discovery and balance, guided by her older self through a future-inspired realm. Her evolving batik "selempang", which transformed into songket, symbolised transformation, identity and hope. "Lina" is a reflection of the next generation of Malaysians who are thoughtful, empowered and rooted in heritage while embracing global sustainability ideals. Malaysia's participation in Expo 2025 Osaka is led by the Investment, Trade and Industry Ministry, supported by a whole-of-government effort involving 21 ministries and approximately 70 agencies. It centred on seven strategic sectors, namely sustainable agriculture, renewable energy, smart living, green manufacturing, industrial reform, environmental management and the halal industry. The Malaysia Pavilion at Expo 2025 Osaka spanned 2,654.52sq m across three floors, reflecting the nation's diverse culture and dynamic economy. With the theme "Weaving a Future in Harmony", the Pavilion highlighted Malaysia's commitment to a sustainable, inclusive and forward-looking future. The Pavilion also served as a hub for international collaboration and dialogue, as well as pocket talks, product launches, MOU signings and business matching sessions. It would also host forums, summits, and networking events that would position Malaysia as a dynamic global partner. – Bernama
Time of India
a day ago
- General
- Time of India
Goa is now a 100 pc literate state: Chief Minister Pramod Sawant
Goa Chief Minister Pramod Sawant on Friday said that the state has attained 100 per cent literacy under the ULLAS Nav Bharat Literacy Programme . The ULLAS (Understanding for Lifelong Learning for All in Society) Nav Bharat Saaksharta Karyakram, also known as New India Literacy Programme (NILP), is a Central Government sponsored initiative that aligns with National Education Policy 2020 and aims to empower those above the age of 15 who missed formal schooling. It focuses on imparting functional literacy, including reading, writing and numeracy skills to achieve the target of 100 per cent literacy nationwide by 2030. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 모공각화증, 이제야 찾아낸 해결방법 (+전후사진) 현명한소비자 "Goa is now a fully literate state under the ULLAS Nav Bharat Programme. Our sustained collective efforts to strengthen the education sector with new advancements, NEP 2020 have yielded this result," Sawant said at an event to mark Goa's 39th statehood day. "With the motto "Jan-Jan Sakshar", the initiative was instrumental in bringing lifelong learning to every citizen aged 15 years and above, by mobilizing a vast network of volunteers that included retired teachers, NSS units, students from teacher training colleges, and field-level education professionals. Live Events "The state government honours Goa's rich heritage and celebrates the spirit of Parshuram Bhoomi, a land of courage, culture, and progress. From liberation in 1961 to statehood in 1987, Goa's journey has been one of resilience and pride. Goa has also given importance to Happiness Index of its citizens," he added.
Scoop
2 days ago
- Business
- Scoop
Is This The Lowest Rates Rise In The Country? Whanganui Council Holds Firm On 2.2 Percent
Article – Moana Ellis – Local Democracy Reporter The council is holding firm on an increase of 2.2 District Council is sticking to an average rates increase of 2.2 percent following deliberations on its draft Annual Plan. Mayor Andrew Tripe believes it's the lowest rise in the country for the year ahead. The plan for 2025/26 will go before the council in June to be adopted. Tripe said the council has focused on doing the basics well, investing in core infrastructure, and involving the community in decision-making. The big topics thrashed out by the council in this week's deliberations were creating a standalone housing entity to grow housing stock, adopting a new strategy for Whanganui, changes to fees and charges, and increasing loan repayments. In each case, community feedback aligned with the council's preferred options. On Thursday, the council confirmed it would: Continue to consider a standalone housing entity Consider all submissions and feedback to inform any minor changes ahead of adopting the draft Strategy for Whanganui Proceed with proposed changes to fees and charges for the year ahead Pay off an additional $590,000 of debt. Operational budget changes have also been made since the council opened its draft Annual Plan 2025/26 for consultation. This includes water levies set by water services authority Taumata Arowai to recover the cost of regulatory functions. These levies will take effect from 1 July, 2025 and are expected to cost around $16 per household. Tripe said it was 'incredibly frustrating' to receive news of the levies just as the council was about to adopt its budgets for the year ahead. 'It is yet another example of central government shifting costs to local councils and communities – when it should be administered and funded at a national level.' These levies, along with proposed Commerce Commission levies, would be incorporated into the Annual Plan budget for 2025/26 and would affect three waters rates for connected households. To ensure full transparency, the levies would be identified on rates notices. However, they would not increase overall rates due to additional income from other council revenue streams. The Annual Plan will be adopted on 26 June, with the plan taking effect from 1 July.
Business Standard
2 days ago
- Business
- Business Standard
India to remain fastest-growing large economy in world for next 30 years
India to remain fastest-growing large economy in the world for next 30 years, said Union Minister for Commerce & Industry Piyush Goyal at CII Annual Business Summit 2025 today in New Delhi. Goyal stated that the country has maintained sustained growth of 6-7% and hopes to push it to 8% at constant prices. "Even amidst international upheavals, we are among the better-performing emerging markets. Today, India holds the 4th largest foreign exchange reserves in the world at about 690 billion dollars. Our inflation has remained below 4% for the last three months. The Reserve Bank has done a commendable job balancing liquidity and currency management," he said.
Scoop
2 days ago
- Business
- Scoop
Is This The Lowest Rates Rise In The Country? Whanganui Council Holds Firm On 2.2 Percent
Whanganui District Council is sticking to an average rates increase of 2.2 percent following deliberations on its draft Annual Plan. Mayor Andrew Tripe believes it's the lowest rise in the country for the year ahead. The plan for 2025/26 will go before the council in June to be adopted. Tripe said the council has focused on doing the basics well, investing in core infrastructure, and involving the community in decision-making. The big topics thrashed out by the council in this week's deliberations were creating a standalone housing entity to grow housing stock, adopting a new strategy for Whanganui, changes to fees and charges, and increasing loan repayments. In each case, community feedback aligned with the council's preferred options. On Thursday, the council confirmed it would: Continue to consider a standalone housing entity Consider all submissions and feedback to inform any minor changes ahead of adopting the draft Strategy for Whanganui Proceed with proposed changes to fees and charges for the year ahead Pay off an additional $590,000 of debt. Operational budget changes have also been made since the council opened its draft Annual Plan 2025/26 for consultation. This includes water levies set by water services authority Taumata Arowai to recover the cost of regulatory functions. These levies will take effect from 1 July, 2025 and are expected to cost around $16 per household. Tripe said it was "incredibly frustrating" to receive news of the levies just as the council was about to adopt its budgets for the year ahead. "It is yet another example of central government shifting costs to local councils and communities - when it should be administered and funded at a national level." These levies, along with proposed Commerce Commission levies, would be incorporated into the Annual Plan budget for 2025/26 and would affect three waters rates for connected households. To ensure full transparency, the levies would be identified on rates notices. However, they would not increase overall rates due to additional income from other council revenue streams. The Annual Plan will be adopted on 26 June, with the plan taking effect from 1 July.
