Apple’s iPhone 16 heralds age of the AI-powered phone – Asia Times

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I helped set up one of the first smartphones again in late 2007 on live TV, so I was excited to see the start of the first iteration of Apple’s cellphone. A smiling Steve Jobs happily held up that early system to the evident delight of Apple supporters at the release in June of that year.

Did the overdue Apple leader finally realize that he would forever alter portable communication? That discovery system was revolution, transforming the way individuals communicate with each other.

Apple revealed information about its new phone 16 at a press event on September 9th, along with a number of other exciting new products, including the Apple Watch Series 10 and AirPods 4. The release of the iPhone 16 might mark a turning place in Apple’s device company history.

Again in 2007, there were no other players in the market. There is a new factor in the mix that has the potential to shake up the smartphone market over the long term: artificial intelligence ( AI ). Today, competition is fierce and there is a new factor in the mix.

The highly praised new AI-based features are being promoted under the name” Apple Intelligence” ( ). These include features for editing photos and videos, something that other businesses have done a lot of when releasing new smartphones this time, like Google’s Pixel 9, as well as features to enable word processing and AI image generation.

There have been a lot of adjustments at Apple since the launch of the first phone. Jobs died in 2011 but his son as CEO, Tim Cook, has provided a solid strategic path for the business. Jony Ive, the professional design blogger behind many of Apple’s most popular products left the company in 2019 to set up his own style business, LoveFrom.

There have been more than 40 versions of the phone, with varieties that include the standard type, the Plus, Pro and Pro Max types. Over 50 % of Apple’s entire revenue is generated by income of the system.

As like, it also forms the cornerstone of the bank’s business, which today includes associated items such as the above AirPods and watches. There’s also the Apple Vision Pro, a “mixed reality” helmet which layers modern parts over a perspective of the real world. Along with TV and film, different lines of Apple’s business are now covered by cloud store.

Image: Xeniia X / Shutterstock via The Talk

But, Samsung, Google, OnePlus, Xiaomi and an abundance of other people in the laptop industry are all vying to find a spot in your pocket for their handset. Apple and those other companies have originally focused on enhancements to the features they now offer in light of the fierce competitors in the smartphone market.

That means faster processors, longer battery life with faster cost times, increased camera systems, larger storage capacity, better WiFi and Bluetooth, immediate payment technology and more solid, titanium cases with near-indestructible screens.

Nevertheless, there is now a scramble to add AI into telephones and, indeed, into various Apple devices. Although Apple has just started significantly trailing its Apple Intelligence features, this is not a feature that has been particularly emphasised to consumers before.

Both Google and Samsung have used AI features extensively in smartphone debuts this time. Had AI change the game in a marketplace that has historically focused solely on progressive improvements?

As a scientist into Artificial, I spent this summertime researching the characteristics of this technology, which has, of course, been around for a long time. We have reached a point where AI will unquestionably alter how we conduct our daily lives and work.

Apple Intelligence-based tools will be available on the new phone 16 to improve the customer experience. This will include editing, rewriting, and summarising word, an enhanced ability to detect things in images and videos, such as eyes and information.

Additionally, it will have the ability to create personalized emojis, image editing tools, and the ability to make personalized emojis by describing what you want to make in a text or voice fast.

One interesting AI-enabled have is called Visual Intelligence. With the aid of a new lens control button on the side of the phone 16, you can search for information on anything you can see through your telephone.

One of the examples provided at Apple’s Monday start event was the ability to quickly access starting time, a list, and scores without having to manually enter that information into a search engine.

Users may even get a photo of a banner for a street event. The phone 16 will add it to their calendar along with additional information, such as the time and location.

There will also be significant AI-based enhancements to Apple’s digital assistant systems, Siri. The assistant will be able to execute actions within apps more effectively, better realize content from applications, and provide more up-to-date information.

Moreover, Siri is expected to have a better understanding of consumer behavior, be able to make suggestions, provide intelligent responses as options in communications, and report and transcribe telephone calls.

These brand-new capabilities will be fascinating additions to the AI capabilities that are already available on different phones. For instance, Samsung’s caller-interactive speech language feature can give people translators a run for their money.

Lewis Endlar is programme director of MSc Project Management and professor in Business, Keele Business School, Keele University

This content was republished from The Conversation under a Creative Commons license. Read the original content.

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Platform worker protections: MPs concerned about costs of higher CPF contributions, discrimination by platforms

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WHO WILL Keep Expenses QUESTION ABOUT LAWMASTERS

On Monday, MPs voiced their support for the costs while also worrying about the effects of the higher efforts.

Who was the first to worry about having to bear the costs of higher Pension contributions and labor injury compensation?

Starting in 2025, system operators, who now contribute no to a worker’s net earnings, will start contributing 3.5 % of that worker’s gross income.

In accordance with the proposed legislation, system operator and worker CPF contributions will gradually increase to meet those of both employers and employees.

In his launching address, Dr. Koh made it clear that the modifications would raise firm costs and that consumers should be willing to pay more to help pay for software workers ‘ protection.

However, many MPs expressed concern that platform operators may end up taking CPF efforts and work injury insurance from employees ‘ wages instead.

Additionally, they questioned how the government may manage prices so that software providers, workers, and customers are evenly distributed.

Pritam Singh, the WP-Aljunied head, questioned the possibility of software companies “profiteering in the name of governmental compliance.” He claimed the WP supported the expenses.

He inquired about the planned price increases for platform apps and whether platform companies may be specific about the potential impact of price increases on the heels of stronger worker protections.

TRUST, TRANSPARENCY IN PLATFORM APPS

Some of these issues, according to Mr. Singh and other MPs, are related to a lack of transparency regarding work allocation and worker compensation.

Nominated MP Jean See attributed the low confidence of software users to the fact that many system operators appear to be merely making “half-hearted attempts” at issuing rate sheets and statements for jobs and earnings, and protocols for job allocation are frequently vague. &nbsp,

This lower level of trust is also exacerbated by glitches that frequently disrupt operators ‘ applications for extended periods. &nbsp,

System workers are forced to double up as system operators ‘ helpdesk when confronting irate customers and retailers while trying but frequently failing to get support from operators, according to Ms See, who directs the Freelancers and Self-Employed Component of NTUC.

System workers also worry about electric problems undermining their incomes, she added. &nbsp,

Ms. See advocated for system operators to be held responsible for the accuracy of apps transactions and the effects of apps disruptions on platform workers ‘ lives.

She suggested that system operators be required to protect income from engaged system workers, who lose out on long-term earnings from extended platform app outages. &nbsp,

Prejudice, Security AGAINST ABUSE

Another issue that many MPs raised was prejudice against employees who are required to pay more than they can afford to.

Mr. Singh expressed concern that platforms will launch granting more jobs to those who do not choose to participate in higher Pension contributions in order to lower business costs.

Similar to how platform companies may change their algorithms to prioritize jobs to those who are contributing more to CPF or to “blatantly reduce” the salaries of those who opt in, according to Associate Professor Jamus Lim ( WP-Sengkang ). &nbsp,

He acknowledged that starting to save for their retirement first may be the biggest benefit for younger software staff from the higher Pension efforts. &nbsp,

However, due to how much more expensive they are now, this may unintentionally cause bias against choosing, according to Assoc Prof. Lim. &nbsp,

Leong Mun Wai, a non-constituency member for Progress Singapore Party, claimed that there are n’t enough safeguards to stop discrimination against platform workers who choose to receive higher CPF contributions. &nbsp,

Additionally, some MPs advocated for program employees to be kept safe from abuse. &nbsp,

The verbal abuse platform workers have to deal with, according to Ms. Joan Pereira ( PAP-Tanjong Pagar ) said, can have an emotional or even financial impact on them. &nbsp,

“( They ) may be given bad reviews even though they are not at fault or for situations beyond their control”, she said.

On Tuesday, the app workers bill debate will continue.

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Pakistanis in tech sector struggle to work amid unreliable internet connectivity

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I must let my clients know that I wo n’t be able to enter. They are living in the First World, he continued, citing very developed and industrialized nations, and it is very difficult for them to comprehend this.

However, common data speeds at offshoring company Mars BPO, where employees ‘ daily work depends on quick and reliable connectivity, are now at only 40 per cent of normal capacity.

This is threatening its business life, said head operations director Shah Sultan. &nbsp,

He added that when the company has to explain to clients that the internet is in use, it can become uncomfortable.

” The amount of foreign payments which the IT sector is bringing into the state may be hard impacted”, he said, adding that for payments is Pakistan’s “backbone”.

BURGEONING Business

In an economy with minimal job opportunities, the service and IT field alone accounts for more than half of the country’s employment.

The value of Pakistan’s systems imports has increased from US$ 1 billion in 2018 to almost US$ 2.6 billion in 2023- a 143 per cent climb. &nbsp,

While the nation’s expanding economy is a reflection of its growing standing in the world’s tech market, subjective and repeated internet problems could stop this from happening.

The Pakistan Software Houses Association, which represents IT organizations, estimated that the latest problems may value the national economy US$ 300 million. &nbsp,

Analysts added that the government’s plans to transform Islamabad into a vibrant electronic gateway could be in jeopardized in the long run.

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Singapore passes law to ration power during emergencies, set up energy fund

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WHAT IT IS ABOUT

The law made recommendations regarding the development and planning of equipment, the development of new market mechanisms, and energy security.

Tan Discover Leng, the second secretary for trade and industry, claimed that energy rationing might be necessary to maintain power balance in the event of a severe and long disruption to all of Singapore’s fuel imports.

People will have access to electricity for their daily needs, as well as receiving objective for services like medical and communications, and will be given as much advance notice as feasible. &nbsp,

Businesses will not be held responsible if they do not fulfill their obligations by following EMA’s recommendations for power rationing.

Once the situation improves, the rationing measures will be lifted. &nbsp,

” Power rationing is only a last resort. Dr. Tan, who noted that the UK has also implemented power rationing as part of its energy resilience strategy, said it is one part of Singapore’s preparation for an increasingly uncertain world.” I hope we will never have to use it.” &nbsp,

The law establishes the Future Energy Fund for investments in clean energy projects that may involve significant commercial, technological, and geopolitical risks in addition to power rationing. &nbsp,

The initial injection will be S$ 5 billion ( US$ 3.8 billion ) in FY2024, with further top-ups in the years to come.

Other proposals include:

  • Owners and occupants of important energy infrastructure can be directed by EMA to grant electricity and gas licensees access to the infrastructure, which may include waterfront jetties and transmission cables.
  • Requiring EMA’s approval when repurposing energy and gas assets
  • allowing EMA to recover costs incurred as a result of initiatives it takes in order to promote energy security, market growth, and decarbonization. MTI stated that EMA will only take action when necessary and that the ministry must approve proposed new rates. EMA further stated that EMA will not attempt to turn a profit.
  • Unless otherwise permitted, requiring prescribed power generation companies to only purchase gas from a central gas company, known as Gasco for the moment. By the end of the current fiscal year, Gasco is anticipated to be established as a government-owned business, which will purchase and supply gas to the power sector, increasing the scale of the operation. Singapore had stated that it would establish Gasco to reduce the volatility of electricity prices.

WHY IT MATTERS&nbsp,

Dr Tan said that the proposals will strengthen Singapore’s ability to “plan for and develop a decarbonised, secure, and cost-competitive energy system” against the backdrop of geopolitical, commercial and technological uncertainties which can threaten the country’s energy security. &nbsp,

Given that Singapore still relies primarily on imported natural gas for its energy needs and lacks alternative energy sources, the proposals, particularly those aimed at centralizing gas procurement and power rationing, are intended to ensure energy stability.

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FAQ: What you need to know about Singapore’s proposed law to protect platform workers

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CPF Achievements

Why is the state lowering the contributions made by software workers and operators to CPF?

To assist software workers in achieving the same levels of cover and appropriateness as employees who make the same amount, the CPF contribution rates may gradually increase over the next five years. &nbsp,

Workers may also notice a general increase in their entire earnings as a result of the CPF efforts from system operators.

The increased efforts are required for those born on or after January 1, 1995 because younger software workers need them more because of housing requirements and because they are more likely to benefit from the compound interest, according to MOM.

Will platform workers continue to receive the operator’s share of the contributions if they do n’t choose to receive the higher CPF contributions? &nbsp,

No, they will not. The operator will only deduct the necessary MediSave contributions from platform workers ‘ wages and send them to the CPF Board each month for those who do not opt in. &nbsp,

Is there a cut-off time for software workers born before Jan 1, 1995, to settle in to the increased Pension efforts?

There is no timeframe, older platform workers may settle in at any time. &nbsp,

However, older workers are advised to opt in early to receive the Platform Workers ‘ CPF Transition Support (PCTS ) if they are eligible. This program aims to lower the influence on take-home pay for employees.

Starting the following month, program workers who choose to participate on or before the 15th of the month will receive the higher contributions. Then, it will begin a month later. &nbsp,

For instance, if a program employee chooses to participate on April 15, the higher contributions will begin on May 1. If he or she chooses to participate on April 16, the higher achievements will begin on Jun 1.

Is employees change their minds after opting in?

It would not be “practical” for program providers to help opt-outs, the Manpower Ministry said.

Because employers would have to monitor the status of employees and compare the CPF contributions that are due when employees choose to settle in and out of work several days.

” This may incur significant business expenses for software workers”, MOM added. &nbsp,

Therefore, software workers are advised to carefully consider their choice based on their individual circumstances before opting in. &nbsp,

Program workers will have enough time to make their decisions before CPF contributions are implemented by the opt-in website. &nbsp,

What about lower-income software personnel who might be affected by the increased Pension efforts? &nbsp,

Lower-income platform workers who earn S$ 3, 000 ( US$ 2, 300 ) or less per month– after the deduction of expenses, including income from platform work and other employment sources – will qualify for the updated PCTS scheme.

In 2025, the government will cover 100 % of lower-income workers ‘ CPF contributions. This means that their take-home pay wo n’t decrease in 2025. &nbsp,

Starting in 2026, the offset proportion will eventually decrease, ending in 2029.

Starting in 2025, all platform workers who are eligible for the Workfare Income Supplement ( WIS ) scheme will start receiving monthly payments instead of annually. To aid them in saving for retirement, this program tops the earnings of lower-income workers.

Moreover, from 2029, program workers whose Pension efforts are aligned with those of employees may receive higher WIS payments. Additionally, there will be a higher Neb percentage in dollars. &nbsp,

Are there any safeguards in place to protect software operators from discrimination against program workers who need or choose to contribute more money to the CPF? &nbsp,

If the Bill is passed, this will ultimately protect an increasing proportion of workers because it will be required for all system staff born in 1995 or later to contribute to the increased CPF. &nbsp,

Therefore, it may be “more useful” for software providers in the long term to treat workers pretty, regardless of whether they opt in or are subject to mandatory Pension contributions, MOM said.

Software employees also have the choice of switching software operators. Therefore, it is “in the attention” of operators to handle all workers quite so as to keep them, the ministry added. &nbsp,

Additionally, now that system work associations is now represent platform workers, they can collaborate with the operators to protect against unfair practices.

Additional guidelines will also be included in the Tripartite Guidelines on Fair Employment Practices to make it clearer that platform operators and intermediaries should n’t discriminate against people based on traits that are n’t related to the job.

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Madhabi Puri Buch: Allegations mount against India market regulator Sebi amid bull run

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Reuters Madhabi Puri Buch, Chairperson of the Securities and Exchange Board of India speaks at the Global Fintech Fest in Mumbai, India, August 29, 2024.Reuters

Following a wave of allegations against its chief, best fund managers, and the BBC, India’s market regulation is facing a danger to its reliability.

Over the past month, allegations of conflict of interest against Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India ( Sebi), have been made from at least four different angles. She has denied the majority of them and has not responded to some in public.

This comes amid a bull run in India’s capital markets, which are among the country’s best performing this time.

In a flurry of mutual funds and initial public offerings ( IPO ) frenzy, millions of new mom-and-pop investors have opened electronic accounts to invest in more than$ 6 billion ( £4.5 billion ).

Trouble for Ms Buch began in August when US-based short-seller Hindenburg Research accused her and her husband of holding investments in an offshore fund used by the Adani Group, implying it was why Sebi was dragging its feet on an investigation against Adani over allegations of accounting fraud and market manipulation.

A number of other complaints have since been brought to the forefront.

The main opposition group, the Congress Party, claims that Ms. Buch has rented from a business she was looking into. It has also been claimed that she continued to work for one of India’s largest private lenders, ICICI Bank, by maintaining an “office of profit” through Employee Stock Ownership Plans ( Esops ) long after her time with them was over.

Reuters A man stands in front of a logo of the Securities and Exchange Board of India (SEBI) headquarters in Mumbai, India, September 6, 2024.Reuters

Subhash Chandra Goyal, the chairman emeritus of internet large Zee Entertainment Enterprises, blamed her for the decline of a merger between his business and Sony Enterprises, stating” I am convinced that the Sebi chairman is corrupt” and calling her “vindictive” in a press conference. He is now facing charges of fund diversion, governmental action, and a ban on holding important positions in listed companies.

But perhaps the most harmful of all is Sebi’s growing domestic discord, which has now spread into the pubic area.

On 5 September, angry staff people staged a uncommon rally outside the bank’s office demanding Ms Buch’s departure. Local media reported that around 1, 000 people had previously reportedly complained of a toxic work environment in a text to the banking department. They complained of “immense force” and” shouting, scolding and public shame” becoming a standard in discussions.

Sebi has formally rejected the promises as “misplaced”, adding that” young officers have been misguided, perhaps by physical elements”.

But, protesters on Thursday called for an immediate contraction of this speech.

” This is unprecedented”, says Hemindra Hazari, an independent business analyst. ” Up until yesterday, internal issues were allegations from the outside, then internal issues have become common. Everything is really wrong”.

Ms. Buch has vigorously defended herself, defying any claims made in the Hindenburg situation regarding conflict of interest, while ICICI Bank has denied receiving her earnings or Esops and claimed she only received her pension benefits after leaving the lender. The Sebi main has so far never made a public statement about the criticisms Mr. Chandra has made of her or the protesting workers.

Sebi did n’t respond to the BBC’s request for comment.

Getty Images Congress party worker and supporters the Congress party on Thursday protested at Jantar Mantar on the issues of the demand for a JPC probe into the Hindenburg case, the removal of the SEBI chief, unemployment and corruption during the Dharna/Demonstration against unemployment, on August 22, 2024 in New Delhi India.Getty Images

An student of India’s top management college, Indian Institute of Management Ahmedabad, Ms Buch is a pioneer in many ways. She became the first key to possess come from a personal business background, becoming the youngest and first female chairman to direct Sebi.

Experts claim that Sebi has been credited with changing the organization by introducing stricter insider trading standards and accounting standards, but claims of a lack of accountability in her own financial affairs raise serious questions about whether or not Sebi adheres to the same standards it expects from public figures.

” The crux of the issue is about disclosure laws governing the senior-most leaders at regulatory systems, given their access to unreleased price-sensitive data. In a paragraph for Moneylife newspaper, Sucheta Dalal, a senior financial journalist, writes that their orders and decisions can have a significant impact on stock prices, raising the bar for strict reporting and compliance standards.

According to Ms. Dalal, the requirements for head of regulators in developed nations are much more stringent, with some discrepancies in the ICICI Bank statement regarding its Esop policy complicating matters more than making them clear. For instance, they are required to “divest from direct holdings in entities that could post conflict of interest.”

Regulators like Sebi typically employ lateral hires and political appointees from the private sector. The finance ministry, the central bank, and other government nominees are all members of a board that oversees SBI.

According to Shriram Subramanian of the proxy advisory firm InGovern Research, the Buch episode is a “learning” not just for Sebi but also for other Indian regulators, such as the insurance watchdog or the Competition Commission, to implement more stringent disclosure standards.

” It will bring more transparency”, Mr Subramanian adds.

AFP A man walks past a digital display inside the Bombay Stock Exchange (BSE) building in Mumbai on January 23, 2024. India's stock market has edged out Hong Kong to become the world's fourth-largest, a milestone that underscores growing global investor optimism about New Delhi's economic prospects, Bloomberg said on January 23. (PAFP

Investors seem unconcerned by the recent events of the month at this time.

Global investors already pay a regulatory risk premium when they make investments in India, and they will disregard this, according to a veteran trader.

However, if the controversy escalates, Mr. Hazari predicts that things could turn the tables.

If internal warnings are issued regarding compliance issues, institutional money can flee. He continues,” And then retail investors will start gradually resuming their positions in the market.”

Some claim that Ms Buch is now facing the very real question of leaving her post as a result of mounting pressure both from outside and inside Sebi.

Her position was “untenable” a few weeks ago, but has become increasingly “unsustainable” now, Subhash Garg, a former finance secretary, told journalist Barkha Dutt on Mojo Story, a digital outlet.

Both Ms Buch and the government would prefer a resignation or suspension as proof of guilt.

At least three market experts the BBC spoke with said the most likely outcome of the controversy will be that Ms Buch’s appointment won’t be renewed. Her current three-year tenure as chairperson ends in February 2025.

What’s most amazing to me is how the government has been completely silent. They must intervene right away. The only higher authorities that can formally authorize a credible investigation are the judiciary or the government, according to Mr. Hazari, when serious allegations are made against the regulator’s head.

Others have also demanded that Sebi’s board intervene and address the allegations in front of the media.

Global investors will watch the way the government handles the situation, and how quickly it acts, according to an executive at a foreign fund house who spoke to the BBC on the condition of anonymity.

” This will affect investor sentiment going forward”, he said.

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Amid police probe, DAP MP Teresa Kok defends call for Malaysia to drop proposed mandatory halal certification for certain eateries

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A top Malaysian politician who is facing police investigation for urging the government to refrain from imposing proposed halal food qualifications on some eateries has argued that her earlier statements did not raise questions about kosher certification or disrespected Islam. &nbsp,

This is in response to the police’s confirmation on Monday ( Sep 9 ) that Teresa Kok, a member of the parliament for Seputeh and Democratic Action Party ( DAP ) vice-chairman, will be called in to give a statement on Tuesday morning over her earlier call.

Over the weekend, DAP main Anthony Loke and prime minister Anwar Ibrahim had also voiced their opinions on the matter. The ruling party, Pakatan Harapan ( PH), is a part of DAP.

In a press statement last Friday, Ms Kok had asked the government to review a proposal by Minister in the Prime Minister’s Department ( Religious Affairs ), Dr Mohd Na’im Mokhtar, requiring restaurants that do not sell pork and alcohol to obtain halal certification.

He was quoted by the New Straits Times as saying during a press conference at the International Conference on Sep 5 that” there are no existing laws that require restaurants or food companies to obtain kosher certification.” &nbsp,

He added that more consumers might be urging businesses to apply for the documentation.

His remarks came shortly after the Islamic Development Department ( JAKIM ) of Malaysia revealed that six halal-certified restaurants were available there. The governmental agency in charge of managing Malaysia’s Muslim politics is called JAKIM.

In reply, Mdm Kok said that kosher documentation should be deliberate, allowing businesses to choose based on market need, rather than making it necessary.

She claimed that small businesses would be burdened and would have more functional difficulties if kosher certification was required for restaurants and food companies.

The statement sparked a police investigation under Section 233 of the Malaysian Communications and Multimedia Act, which relate to public mischief, and offensive online content, as defined in Section 298 of the Penal Code, Section 505 ( b ) of the Penal Code, and Section 233 of the Malaysian Communications and Multimedia Act. &nbsp,

” The 3R ( Religion, Monarchy, and Race ) standard operating procedures will be followed, and all witnesses will be called to complete the investigation”, said police General-Inspector Razarudin Husain on Sunday, as quoted in local media, adding that five police reports had been lodged. &nbsp,

On Monday, Mr Razarudin said these witnesses may include JAKIM members. &nbsp,

In a Facebook post on Sunday ( Sep 8 ), Ms Kok had sought to defend herself, saying that she supports the government’s efforts, especially those of JAKIM, to promote halal certification in the food and beverage industry.

I am in charge of voicing the concerns and opinions of people of all races as a Member of Parliament. That is why I asked the government to examine this proposal”, said Mdm Kok.

She continued, “JAKIM uses one of the highest standards in the world when it certifies muslim.”

Madam Kok’s earlier request for a federal review even attracted censure from different political figures and parties. &nbsp,

Prime Minister Anwar Ibrahim made it clear on Sep 8 that Madam Kok’s remarks did not represent PH’s standard position.

Mr. Anwar, who was quoted by Malaysian advertising as saying that Mdm Kok should have “gone through the appropriate channels” and that her statements were unimportant and only had exacerbated the situation, was quoted as saying.

In her Facebook post, Mdm Kok said she took note of the prime minister’s response but added:” I cannot raise my views through internal channels, because the minister in the prime minister’s department ( Religious Affairs ) had raised this proposal through an open forum”.

She added he had done so without engaging with “representatives ( of ) people” first.

The same day as Mr Anwar’s notes, DAP secretary-general Anthony Loke called on all quarters to prevent politicising comment regarding the issue. &nbsp,

Mr. Loke claimed in a New Straits Times article that Mdm Kok had a commitment to show her views on issues that affect the general public.

” As an MP, she has the duty to voice her opinions, and what was raised is a problem, especially from non-Muslim franchises, which may also be affected or required to obtain kosher certification”, he added. &nbsp,

Zaid Ibrahim, a former law minister, added that he was in favor of Mdm Kok, who was viewed as a troublemaker and should n’t be subject to police investigation. &nbsp,

” Just put, Teresa is now thrown under the bus”, Mr Zaid said, as quoted in Free Malaysia Now. &nbsp,

He urged Muslim leaders to get mental when a non-Muslim head raises a problem like halal food documentation in an online blog.

From 2018 to 2020, Mdm Kok served as the PH administration’s secretary of major companies under former prime minister Mahathir Mohamad.

She was charged with insurrection in 2014 at the Sessions Court in connection with a YouTube video she allegedly uploaded in February. &nbsp,

The film reportedly made fun of various issues, including the previous year’s Sulu criminal intrusion in Lahad Datu, Sabah, and the education program.

The cost was eventually dropped. &nbsp,

In her home’s box, Mdm Kok discovered two guns and a disturbing letter in May of this year, according to local media. &nbsp,

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MyDigital, Bursa Malaysia pen Memorandum of Collaboration to drive ESG innovations through digital transformation

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  • signed MoUs with 5 PLCs in Malaysia
  • MoC helps govt’s push for companies to promote ESG goals through online transition

Left to Right: Gobind Singh Deo, minister of Digital; Adrian Marcellus, CEO of MyDIGITAL Corporation; Muhamad Umar Swift, CEO of Bursa Malaysia; and Abdul Farid Alias, senior independent non-executive director of Bursa Malaysia at the Memorandum of Collaboration Signing Ceremony Between MyDIGITAL Corporation and Bursa Malaysia.

MyDigital Corporation and Bursa Malaysia Berhad have entered into a Memorandum of Collaboration ( MoC ) to empower Public Listed Companies ( PLCs ) in Malaysia to achieve their Environmental, Social, and Governance ( ESG) goals through the adoption of digital technologies. Through the Malaysia Centre4IR ESG Innovation Challenge, which was announced last month, the MoC formalizes the two factions ‘ previous engagement.

The MoC was signed by Umar Swift, CEO of Bursa Malaysia, and Adrian Marcellus, CEO of MyDIGITAL Corporation and head of the Malaysia Centre for the Fourth Industrial Revolution ( MYCentre4IR ). The filing meeting was witnessed by Gobind Singh Deo, Minister of Digital Malaysia, and Abdul Farid al Alias, Senior Independent Non-Executive Director of Bursa Malaysia.

The MoC supports companies in accelerating their ESG excursion through online transformation by working with the government through the Ministry of Digital. In particular, there is an emphasis on the need for Fourth Industrial Revolution ( 4IR ) technologies to be at the forefront of this transformation, enabling corporates to address pressing challenges, the parties stated in a statement.

Under the context of the MoC, MyDigital Corporation and Bursa Malaysia did examine a range of activities, including:

    Co-Authoring Thought Leadership Publications: Leveraging the Malaysia Centre for the Fourth Industrial Revolution ( MYCentre4IR ) network, in affiliation with the World Economic Forum ( The Forum ), to produce content on sustainability, green supply chain management, digital transformation, and other related fields.

  1. Best Practices Exchange: Facilitating information exchange between Bursa Malaysia, MYCentre4IR, and The Forum on important matters related to conservation and natural activities.
  2. Hosting the Malaysia Centre4IR ESG Innovation Challenge: An development issue that connects Malaysian PLCs with vivid imaginations and promising companies and entrepreneurs from all over the world. The objective is to find creative solutions that address business issues, which might lead to an increase in business competitiveness and benefiting businesses and the atmosphere.

Gobind commented,” This event is testament to our government’s continued digital conversion trip. Additionally, it demonstrates the government’s strong desire to place ecology at the center of our growth plans.

He added,” I was pleased to read that the article addressed Bursa Malaysia’s requirement for publicly-listed companies to disclose their sustainability practices in their annual reports. In truth, the article also highlighted the Malaysia Centre4IR ESG Innovation Challenge. The initiative exemplifies how partnerships and innovation can contribute to important environmental progress, the organization continued.

Commenting on the engagement, Umar Swift said,” At the Exchange, we have long recognised online acceleration as a vital enabler for driving sustainable development and competitive benefit among Indonesian companies. This MoC with MyDigital Corporation is a positive move in our efforts to spread the concept that ESG and digitalization go hand in hand to promote sustainable development.

” We anticipate that the collaboration’s activities will encourage and motivate more businesses to use digitalization features to enhance their entire ecology performance and operational efficiency,” he added.

Adrian Marcellus remarked,” Tomorrow’s MoC with Bursa Malaysia is a crucial step in our shared goal to improve conservation through electronic technology. We want to promote sustainability and collaborate to create a more adaptable and future-ready modern surroundings by leveraging MYCentre4IR’s partnership with the World Economic Forum.

” We look forward to the Malaysia Centre4IR ESG Innovation Challenge and the thought-leadership and capacity-building activities that will be part of this partnership with our anchor business lovers,” he continued.

MoUs with 5 Malaysian PLCs

At the signing of the MoC, MyDigital Corporation also signed Memoranda of Understanding with five Malaysian PLCs, including CJ Century Logistics Holdings Berhad, Globetronics Technology Berhad, Malayan Banking Berhad, REDtone Digital Berhad, and Sunway Innovation Labs ( representing Sunway Group ).

These MoUs are an extension of the preceding MYCentre4IR Innovation Challenge. On November 7, 2024, the Innovation Challenge will result with a Demo Day at Bursa Malaysia, where five of the most promising suggestions may receive funding opportunities for pilot projects as well as access to a community of business leaders and traders.

Visit the Malaysia Centre4IR ESG Innovation Challenge’s website for more details and how to take part.

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Consumer council backs 20 baht cap on fares

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In: South-East Asia

Although the policy will lower the cost of living, it wo n’t take effect until the government relinquishes control over Bangkok’s electric train lines.

The Thailand Consumer Council (TCC ) supports the Transport Ministry’s plan to cap the fare on mass transit electric train services at 20 baht per trip, according to Saree Ongsomwang, TCC secretary-general.

She also suggests that the government set aside a “fair” resources for all provinces ‘ public bus service.

Ms. Saree claimed that Pheu Thai’s campaign promises made before the election next year included the 20-baht energy coach fare in an interview with the Bangkok Post.

In his” Vision for Thailand 2024″ talk, former prime minister Thaksin Shinawatra also touched on the subject.

If the authorities recovered exclusive electric train projects from businesses, he claimed the 20-baht cover might be achieved.

He claimed that the government had fixed the ticket prices and start introducing congestion fees for car users, as well as that the money could be used to pay for the subsidy of public transportation.

” Setting the flat rate at 20 baht can definitely be done”, Ms Saree said, adding that if it is successful, it will be an unprecedented reform of the mass transit system.

Similar to the 30-baht general care policy in the past, it was likely to receive sizable support.

She claimed that those who currently drive personal vehicles will be more likely to realize the advantages of using public transportation as more people begin to use the affordable and convenient mass transport system.

They will gradually begin using the electric rail company, which may lead to a decrease in industrial waste, she said.

The state is now unable to fully utilize the flat rate fare because of agreements made by the government to private companies for the construction and operation of some energy train lines, she said.

” Commuters must spend varying expenses while using various train service”, she added.

” One guest’s round-trip suffer from their house to their office may total between 100 and 200 baht.

” Many folks would ]rather ] pay for their own automobile in instalments given this price,” she noted.

She claimed that the TCC conducted an analysis of the possible costs associated with using an electronic train service and discovered that the average cost per person would only be 16 ringgit for each trip if the registration fee, which is collected by electric train operators, is not paid.

” The 20 bass level fare for the whole range is achievable when every column is owned by the government,” she said.

She suggested that the government should think about shifting funds to be used to purchase electronic train concessions from private companies for building expressway projects.

If a private company wo n’t let the government buy the concession, the ministry is n’t required to act right away.

They ought to keep off until the agreement period is over. For instance, the BTS Green Line concession’s commitment will disappear in 2029.

But, if it’s a unique line– such as the recently-introduced Yellow and Pink Lines– the government may deal with the companies to get them to market their concession.

According to Ms. Saree, the agreement cost should also be good to the personal business.

Exploiting money from the Land Transport Department’s car registration registration fees is a further way to determine the budget for the purchase of the agreement.

According to Ms. Saree, the division can use this strategy to bring in about 50 billion baht periodically.

She said the money can be used to purchase the electric train concession and that it can also be used to obtain public trucks for every state.

” Vehicle purchases usually cost 6 million rmb,” she said.

” The government will need to spend about 33 billion ringgit on 5, 390 cars if it can get 70 buses for each of the 77 provinces.”

” More people will benefit if the funds are used in this way ]rather ] than if they were used to build an expressway,” she added”. The Expressway Authority of Thailand, for instance, intends to build a 34 billion ringgit double-decker bridge job.

She added that while great cities should think about implementing a monorail project, the government should pay more attention to the demand for public transportation in rural areas.

To link commuters to those electric rail services, the capital city needs a more intensive intermediate transportation system, with more common buses and boats.

” Every state has an obligation to offer the most effective, inexpensive and most suitable mass transit system probable,” she said.

The government will be able to collect money from the cost that private car [drivers ] pay to enter the inner parts of the city, which would help to ease traffic congestion, if this is accomplished.

All of this is done in accordance with the tenet that the minimum income may not exceed 10 % of regular traveling charges, according to Ms. Saree.

Saree: Railways may be cheap

Saree: Railways may be cheap

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