Latest news with #JagdeepSinghDeo
Barnama
18-06-2025
- Business
- Barnama
KUKA Robotics Expands Malaysian Footprint With New Penang Office, Strengthening Nation's Automation Hub Status
PENANG, June 18 (Bernama) -- KUKA Robotics Malaysia, a subsidiary of Germany-headquartered KUKA — a global leader in intelligent automation solutions and majority-owned by China's Midea Group – today marked a significant milestone with the official launch of its new Penang branch in Bandar Cassia, Batu Kawan. This strategic move reinforces the company's commitment to advancing industrial automation and robotics innovation in Malaysia and across the Asia-Pacific Economic region. The ceremony was graced by YB Tuan Jagdeep Singh Deo, Deputy Chief Minister II of Penang, alongside senior representatives from the Ministry of Investment, Trade and Industry (MITI), Malaysian Investment Development Authority (MIDA), InvestPenang, and key industry leaders.
New Straits Times
12-06-2025
- Business
- New Straits Times
LHDN receives 328 million e-invoices from nearly 35,000 taxpayers since August 2024
GEORGE TOWN: The Inland Revenue Board (LHDN) has received 328 million e-invoices from taxpayers as of yesterday, since the system was launched in August 2024. LHDN tax operations department director (e-Invoice division) Dr Rasyidah Che Rosli said nearly 35,000 taxpayers had submitted e-invoices, including many who had adopted the system voluntarily ahead of their respective mandatory phases. "This is a positive response from taxpayers under the first phase, as well as those in the second and third phases who have implemented e-invoicing voluntarily. "The digital records via the e-Invoice system help prevent the loss or misplacement of documentation and will, in future, be integrated directly into taxpayers' return forms for greater efficiency and accuracy," she told reporters at the CTOS SME Biz Day 2025 Penang, held at the Setia Spice Convention Centre here today. The event was officiated by Penang Deputy Chief Minister II Jagdeep Singh Deo, and was attended by more than 1,300 participants, including government representatives, industry experts and corporate leaders. Meanwhile, Rasyidah said LHDN had granted an interim six-month relaxation period for each implementation phase involving taxpayers who are issuing consolidated e-invoices. She said the board was also supporting taxpayers during the transition by providing guidelines and frequently asked questions on its e-Invoice microsite. "LHDN also provides a transmission mechanism through an application programming interface (API) integrated with MyInvois, which allows taxpayers to either develop their own system or use the services of technology providers," she added. Taxpayers may also submit their e-invoices via the MyInvois portal free of charge, and are encouraged to refer to the LHDN e-Invoice microsite for further guidance. The e-Invoice system was implemented on Aug 1, 2024, for companies with annual sales exceeding RM100 million. The second phase began on Jan 1, 2025, for companies with annual sales between RM25 million and RM100 million. On June 5, LHDN announced that taxpayers with income or annual sales below RM500,000 would be exempted from the e-Invoice requirement for now. Implementation has been postponed to Jan 1, 2026, for those with earnings between RM1 million and RM5 million, while those with income up to RM1 million will begin on July 1, 2026.
Malaysiakini
20-05-2025
- Politics
- Malaysiakini
'What's your BM grade? I'll teach you English'
A commotion broke out in the Penang state assembly when a Perikatan Nasional lawmaker called on Deputy Chief Minister II Jagdeep Singh Deo to deliver his speech in Bahasa Malaysia. The Star reported that the comment sparked reactions echoing throughout the chamber. Jagdeep, in the middle of answering a question, fired back at Azmi Alang (PN-Teluk Ayer Tawar), insisting he had...
Malaysiakini
20-05-2025
- Politics
- Malaysiakini
'What's your BM grade? I'll teach English'
A commotion broke out in the Penang state assembly when a Perikatan Nasional lawmaker called on Deputy Chief Minister II Jagdeep Singh Deo to deliver his speech in Bahasa Malaysia. The Star reported that the comment sparked reactions echoing throughout the chamber. Jagdeep, in the middle of answering a question, fired back at Azmi Alang (PN-Teluk Ayer Tawar), insisting he had...
New Straits Times
29-04-2025
- Business
- New Straits Times
Malaysia digital initiatives secures RM16.2bil worth of investments in four months
GEORGE TOWN: The total approved investments under the Malaysia Digital (MD) initiative reached RM16.2 billion from January to April this year, backed by strong global investor confidence, said Digital Minister Gobind Singh Deo. The minister said the investment momentum is expected to generate almost 6,500 job opportunities and reinforce Malaysia's position as a regional digital leader. He said that out of the total approved investment, RM9.9 billion or more than 60 per cent, was contributed by data centres and cloud investments. "From an innovation lens, AI (artificial intelligence) companies now make up the largest share of new MD status companies at 27 per cent, followed by data centres (23 per cent) and Global Business Services (11.5 per cent). "Investor confidence in Malaysia remains strong. Our top five sources of foreign direct investments include the Netherlands, Singapore, Hong Kong, India and the United Kingdom, a reflection of our robust infrastructure and investor-friendly policies," he said when delivering his keynote speech at the MD Open Day 2025 here, today. Also present were Penang Deputy Chief Minister II Jagdeep Singh Deo, Penang Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari and Malaysia Digital Economy Corporation (MDEC) non-executive chairman Syed Ibrahim Syed Noh. Therefore, Gobind said those achievements reaffirmed Malaysia's appeal as a leading digital investment destination and, more importantly, reflect the real-world impact we are driving across our economy and workforce. Elaborating, he said to date, Malaysia has hosted 3,891 active MD companies, including 254 in the northern region, and currently, Penang alone has attracted RM1.23 billion in MD-approved investments, with 266 jobs expected to be created. "While 93 per cent of these investments are driven by data centres and cloud, more than 60 per cent of job opportunities are in high-value sectors such as IC (integrated circuit) design and embedded software," he added. The MD Open Day 2025 is a dedicated platform for engagement between MD-status companies, investors, government agencies, and key stakeholders within Malaysia's digital economy ecosystem. The event also marked the official launch of the Digital Ministry's northern regional office, reinforcing the government's commitment to regional empowerment and nationwide alignment.
