Latest news with #TechnologyandInnovationCommittee
The Star
3 days ago
- Business
- The Star
SC adds 59 entities to investor alert list in 1Q
KUANTAN: The Securities Commission Malaysia (SC) added 59 names to its Investor Alert List in the first quarter (1Q) of this year, said chairman Datuk Mohammad Faiz Azmi. He said this move is part of ongoing efforts to combat the increasingly rampant scams, alongside blocking fraudulent websites and social media pages. "In 2024, we added 273 names to the Alert List, and in the 1Q this year, we added another 59,' he said during his opening remarks at the launch of the Bersama InvestSmart@Pahang 2025 programme. The event was officiated by Pahang Investment, Industrial Development, Science, Technology and Innovation Committee chairman Datuk Mohamad Nizar Mohamad Najib. Mohammad Faiz added that the SC also collaborates closely with the Malaysian Communications and Multimedia Commission (MCMC) to block these deceptive sites. "Last year, we blocked 153 websites and 261 social media pages. In the 1Q, we blocked 29 websites and 91 social media pages. These numbers show how much illicit activity we are fighting daily,' he said. As of May 2025, he said, the SC had received 1,218 complaints and enquiries about scams. Mohammad Faiz also reminded the public to be cautious of scams that claim to be Shariah‑compliant, using religious sentiment to gain trust. Bersama InvestSmart@Pahang 2025 is a three‑day programme starting today, bringing together government officials, capital market industry players, and regulators under one roof as part of the SC's investor outreach initiative. More than 40 exhibitors are participating in the event, themed "Bijak Labur, Hidup Makmur'. - Bernama
The Sun
3 days ago
- Business
- The Sun
SC adds 59 entities to investor alert list in Q1
KUANTAN: The Securities Commission Malaysia (SC) added 59 names to its Investor Alert List in the first quarter (1Q) of this year, said chairman Datuk Mohammad Faiz Azmi. He said this move is part of ongoing efforts to combat the increasingly rampant scams, alongside blocking fraudulent websites and social media pages. 'In 2024, we added 273 names to the Alert List, and in the 1Q this year, we added another 59,' he said during his opening remarks at the launch of the Bersama InvestSmart@Pahang 2025 programme. The event was officiated by Pahang Investment, Industrial Development, Science, Technology and Innovation Committee chairman Datuk Mohamad Nizar Mohamad Najib. Mohammad Faiz added that the SC also collaborates closely with the Malaysian Communications and Multimedia Commission (MCMC) to block these deceptive sites. 'Last year, we blocked 153 websites and 261 social media pages. In the 1Q, we blocked 29 websites and 91 social media pages. These numbers show how much illicit activity we are fighting daily,' he said. As of May 2025, he said, the SC had received 1,218 complaints and enquiries about scams. Mohammad Faiz also reminded the public to be cautious of scams that claim to be Shariah‑compliant, using religious sentiment to gain trust. Bersama InvestSmart@Pahang 2025 is a three‑day programme starting today, bringing together government officials, capital market industry players, and regulators under one roof as part of the SC's investor outreach initiative. More than 40 exhibitors are participating in the event, themed 'Bijak Labur, Hidup Makmur'.
The Sun
3 days ago
- Business
- The Sun
SC adds 59 scam names to alert list in Q1 2025
KUANTAN: The Securities Commission Malaysia (SC) added 59 names to its Investor Alert List in the first quarter (1Q) of this year, said chairman Datuk Mohammad Faiz Azmi. He said this move is part of ongoing efforts to combat the increasingly rampant scams, alongside blocking fraudulent websites and social media pages. 'In 2024, we added 273 names to the Alert List, and in the 1Q this year, we added another 59,' he said during his opening remarks at the launch of the Bersama InvestSmart@Pahang 2025 programme. The event was officiated by Pahang Investment, Industrial Development, Science, Technology and Innovation Committee chairman Datuk Mohamad Nizar Mohamad Najib. Mohammad Faiz added that the SC also collaborates closely with the Malaysian Communications and Multimedia Commission (MCMC) to block these deceptive sites. 'Last year, we blocked 153 websites and 261 social media pages. In the 1Q, we blocked 29 websites and 91 social media pages. These numbers show how much illicit activity we are fighting daily,' he said. As of May 2025, he said, the SC had received 1,218 complaints and enquiries about scams. Mohammad Faiz also reminded the public to be cautious of scams that claim to be Shariah‑compliant, using religious sentiment to gain trust. Bersama InvestSmart@Pahang 2025 is a three‑day programme starting today, bringing together government officials, capital market industry players, and regulators under one roof as part of the SC's investor outreach initiative. More than 40 exhibitors are participating in the event, themed 'Bijak Labur, Hidup Makmur'.
New Straits Times
6 days ago
- Business
- New Straits Times
Pahang to set up AI tech zone, says state exco
KUANTAN: The Pahang government will establish a dedicated high technology zone to attract major players in the artificial intelligence industry. State Investment, Industries, Science, Technology and Innovation Committee chairman Datuk Mohamad Nizar Najib said the zone, to be located in the state capital here, will offer special incentives through the Invest Pahang platform to encourage high-tech companies to establish operations in the state. "The Pahang high technology zone is specifically aimed for companies in AI, automation and big data. Its exact location in Kuantan will be announced in due course. "This dedicated zone is expected to draw AI companies to this part of the country, apart from the Klang Valley. These companies will become part of the AI ecosystem and contribute to the development of start-ups across Pahang," he said at the Pahang Skills Development Centre here today. Earlier, Nizar launched and closed the AI for Productivity Transformation and Speed Grid-Connected Photovoltaic programme at the centre in Semambu. Present were Yayasan Peneraju chief executive officer Ibrahim Sani and Pahang Skills chairman Datuk Mas'ut Awang Samah. He said the Pahang high technology zone was part of a long-term strategy to drive digital transformation, strengthen the economy and improve public services and quality of life in the state. "AI is no longer optional. It is essential. Today's business environment demands automation, intelligent analytics and the ability to make faster and more accurate decisions. "At the federal level, we already have the National AI Office in place. "Among other initiatives in Pahang, we are also establishing the AI data centre, which will serve as a new digital platform for marketing local agricultural products both domestically and internationally. "The centre is scheduled to begin operations in January next year. "Under the Smart Pahang initiative, Kuantan, Temerloh, Pekan and Bentong have been selected as pilot locations for the Smart City project. This includes the use of smart cameras for traffic and security monitoring, AI-powered solid waste management systems and flood and air quality monitoring using AI technology." Nizar said the state government was committed to expanding AI use in public administration, education, agriculture and tourism.
The Sun
6 days ago
- Business
- The Sun
Pahang plans high-tech zone to attract AI and tech investments
KUANTAN: The Pahang government will establish a high-tech zone in the state, dedicated to attracting companies involved in artificial intelligence (AI), automation, and big data. State Investment, Industrial development, Science, Technology and Innovation Committee chairman, Datuk Mohamad Nizar Mohamad Najib, said the initiative aims to draw investments from technology firms to the east coast region. 'The Pahang High-Tech Zone will be developed in the Kuantan area. Should there be any changes to the location, we will make an official announcement. We also aim to attract talent in the AI sector to be part of the ecosystem and support the growth of startup companies we are nurturing in Pahang,' he added. He said this to reporters after launching the AI for Productivity Transformation and officiating the closing ceremony of the Speed GCPV (Grid-Connected Photovoltaic) programme at the Pahang Skills Development Centre here today. Meanwhile, Mohamad Nizar expressed hope that Pahang Skills and the Pahang Foundation would collaborate to attract companies and fresh talent in the field of AI to the state. 'We in Pahang must be well-prepared to face both the opportunities and challenges that AI will bring. The state government will also explore potential incentives to encourage more AI companies to establish operations here, rather than limiting their presence to the Klang Valley or other states. He added that the state government is also exploring the development of floating solar farms, or floating photovoltaics (FPV), as part of its commitment to achieving net zero carbon emissions by 2030. He said the proposed solar farm would be built on a suitable lake or dam site, with the project expected to take two years to complete. 'We need to produce more skilled and knowledgeable technicians in the solar energy sector, both in Pahang and across Malaysia. So far, 288 participants have been trained in this field through the Speed GCPV programme,' he added.
