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Daily Express
a day ago
- Business
- Daily Express
Justin says Tawau overlooked; seeks equal infrastructure development
Published on: Wednesday, July 09, 2025 Published on: Wed, Jul 09, 2025 By: Sherell Jeffrey Text Size: Justin also raised concerns about the Energy Commission of Sabah (ECoS) requiring businesses with valid generator licenses to pay extra fees and resubmit paperwork, despite the ECoS Chief Executive Officer saying that reapplication was not necessary. Kota Kinabalu: Sri Tanjong Assemblyman Justin Wong wants fairer treatment for Tawau, which he says deserves better roads, flood mitigations and basic services. 'Why do we always hear about flyover projects and upgrade projects only in Kota Kinabalu. I am not jealous of Kota Kinabalu, but I am asking for a better treatment for Tawau,' Justin said when debating the Supplementary Supply Bill 2025, Monday. 'The people of Tawau are Sabahans too, they are also Malaysians and they will also vote in the upcoming elections.' He is particularly upset about Jalan Sin Onn, which needs to be widened to handle heavy traffic. 'I once again request the government to upgrade the road to a dual carriageway so that people in Tawau do not have to suffer so much with traffic congestion,' he said. The government's current plan is to build two roundabouts instead of widening the road, but Justin thinks this is a terrible idea due to safety concerns, especially with a nearby school and heavy machinery accessing factories. 'Government officials could not promise that the roundabouts would solve the traffic problems, while some residents say they might have to wait another 10 years for proper road upgrades,' he said. He also pointed out the ongoing flood situation in Tawau, citing floods that occurred just two days earlier. 'The flood issue has been dragging on for a long time. I have raised this issue in this assembly many times over the past five years since I became a people's representative in 2020 but there appears to be no improvement. 'Floods is among obstacles to future development and the welfare of the people. Businesses do not want to take risks to invest in areas that are frequently hit by floods,' he said. Additionally, he pointed out abandoned projects and maintenance issues in Tawau, citing the flood mitigation plan for Sungai Tawau announced in 2019 that has been abandoned without clear explanation. 'A RM7.5 million flood gate completed in January near the main market remains unused due to unpaid electricity bills. 'This Tidal Gate has been completed and has been approved by the Tawau Municipal Council, but due to the failure to settle the electricity bill, the Tidal Gate cannot be used. 'What kind of planning is this that does not make sense? Why does the government take so long to resolve this Consumer Contribution Charge?' he said. 'Contractors for cleaning and maintaining drains, especially on Jalan Sin Onn and Jalan Timur, have not been hired since October last year, leaving drains clogged and contributing to flooding,' he added. Justin also raised concerns about the Energy Commission of Sabah (ECoS) requiring businesses with valid generator licenses to pay extra fees and resubmit paperwork, despite the ECoS Chief Executive Officer saying that reapplication was not necessary. 'One company with a valid license until December 6, 2027, is still required to resubmit existing drawings to ECoS for verification, resulting in additional charges including RM4,000 to the competent person,' he said. 'The head of ECoS had publicly said people with existing licenses do not need to reapply, but the contractors ECoS hired are telling businesses the opposite. 'If the ECoS CEO already said no need to reapply, why are their appointed contractors doing the opposite? This explanation is important to clarify things so that users do not become victims due to confusing information. 'As an opposition member, I criticise for the sake of Sabah's progress, not for the sake of objection,' Justin said, adding that he hopes government representatives do not take his criticism personally. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Malaysian Reserve
3 days ago
- Business
- Malaysian Reserve
Malaysia suffers over RM7.5m in business email scam losses since 2023
KUALA LUMPUR — Malaysia recorded over RM7.5 million in losses due to business email compromise (BEC) scams between 2023 and the first half of 2025, according to Kaspersky. In a statement today, the global cybersecurity and digital privacy company reported that Malaysia also recorded 64,778 phishing attempts targeting local companies, averaging more than 5,300 incidents per month in 2024 – the third-highest in Southeast Asia, behind Thailand (247,560) and Indonesia (85,908). 'While BEC attacks may start with phishing to compromise an email account, the follow-up attack takes a different form – it relies heavily on social engineering to bypass technical defences and exploit human trust. 'Cyber criminals often study their targets in advance, craft convincing emails that prompt recipients to transfer funds, send sensitive data or buy gift cards that contain no suspicious links or malware, making them easier to mistake as legitimate instructions from a chief executive officer, vendor or colleague,' it said. Kaspersky also noted that local headlines in recent years have highlighted reported BEC cases that have proven financially devastating, with losses per incident ranging from RM250,000 to RM6.2 million, affecting victims from various sectors, including logistics, manufacturing, and kitchenware. Its managing director for Asia Pacific, Adrian Hia, said the real danger of BEC scams lies in their simplicity – just well-timed emails designed to exploit trust, routine and a moment of human error. 'Cybersecurity today must go beyond detection; it is about anticipation, helping businesses to spot the unusual in what seems normal and helping their stakeholders build cybersecurity habits that hold up under pressure,' he said. To avoid falling victim to BEC scams, Kaspersky advised using strong, unique passwords, enabling two-factor authentication, investing in security tools with anti-BEC features, training staff to spot social engineering, limiting the public exposure of company hierarchies and key staff contacts, and always verifying suspicious emails through a separate communication channel. — BERNAMA
The Sun
4 days ago
- Business
- The Sun
DayOne Data Centers prioritises efficient use of power and water
JOHOR BAHRU: Global pioneer in digital infrastructure platform, DayOne Data Centers (DayOne) is focusing on optimising its energy and water consumption to support Malaysia's sustainability goals while maintaining high-performance operations as global demand for digital infrastructure surges. DayOne Data Centers Malaysia Sdn Bhd general manager Jimmy Yan said data centres inherently consume a significant amount of electricity and water to power servers and artificial intelligence (AI) systems, and efficiency remains the company's core strategy. 'If you talk about daily consumption, we're looking at a few million litres of water per day. But rather than absolute numbers, we measure efficiency using indicators like power (PUE) and water utilisation efficiency (WUE). 'Our PUE and WUE remain at relatively low levels, and that's a better gauge of performance,' he told Bernama in an interview recently. Johor is expected to host 60% of Malaysia's total data centre capacity by 2030, cementing its role as the digital hub for Southeast Asia, where transformation will be accelerated by the Johor-Singapore Special Economic Zone. Yan said several of DayOne's facilities use 'zero water' cooling technologies to eliminate water dependency, although such systems require higher energy input. 'There's always a trade-off. If you don't use water, you end up using more power. So we try to strike a balance by adopting the most efficient technologies.' The company also emphasises green energy adoption, including rooftop solar installation and collaboration with Tenaga Nasional Bhd through the Corporate Renewable Energy Supply Scheme (CRESS) to source solar energy. The agreement enables DayOne to secure up to 500 megawatts of renewable energy over a 21-year term to support its data centre operations in Malaysia, making DayOne the first company to execute a bilateral energy supply contract under the national CRESS framework. 'Solar does not reduce overall power consumption, but it replaces brown energy with green energy. So we are tackling this on two fronts, reducing waste through efficiency and replacing traditional sources with renewables,' Yan said. As Malaysia positions itself as a regional digital hub, DayOne believes building infrastructure responsibly is crucial. 'We cannot afford to fall behind. Digital infrastructure is a must, and we are making sure it grows in harmony with sustainability,' he said. Headquartered in Singapore, DayOne positions the Singapore–Johor–Riau region as a critical interconnected data centre hub. DayOne has completed its RM15 billion equivalent multicurrency financing, comprising a RM7.5 billion murabahah term financing facility and a US$1.7 billion (RM7.2 billion) offshore term loan facility.
New Straits Times
03-07-2025
- Business
- New Straits Times
Malaysia's tech index outpaces peers after US-Vietnam trade deal
KUALA LUMPUR: Bursa Malaysia Technology Index outshines its peers on Thursday, with four component stocks ranking among the most active on the exchange. Driven by renewed buying interest following the United States-Vietnam trade agreement, the index rose 0.78 of-a-point or 1.5 per cent to 52.81 at midday from Wednesday's close of 52.03. Trading volume soared to 21.7 million units, reaching its highest level in nearly four weeks. The index, comprising 49 component stocks, has climbed 8.6 per cent since June 23, although it remains down 18.9 per cent year-to-date. Zetrix AI Bhd, formerly known as MyEG Services Bhd, led the most active board with over 50 million shares traded in the morning session. The stock gained one sen or one per cent to 97.5 sen from the previous close of 96.5 sen, lifting its market capitalisation to RM7.5 billion. The other three high-volume tech stocks were NexG Bhd, Dagang Nexchange Bhd (DNeX) and Inari Amertron Bhd, which saw trading volumes ranging from 20.7 million to 40.4 million units. NexG rose half a sen or 1.32 per cent to 38.5 sen, DNeX climbed half a sen or 1.71 per cent to 29.5 sen and Inari edged up four sen or two per cent to RM2.04. Malacca Securities Sdn Bhd said Wall Street's sentiment improved after the US-Vietnam trade agreement, which imposes a 20 per cent tariff on Vietnamese goods while allowing US products to be sold in Vietnam without duties. "With a positive lead from Wall Street, especially the buying interest in tech stocks following the trade deal, we expect the buying interest to spillover to the local exchange. "With the resumption of optimism surrounding the data centre developments, traders may want to monitor technology and telecommunication stocks like EG Industries Bhd, Mi Technovation Bhd and Telekom Malaysia Bhd," the firm said.
Barnama
22-06-2025
- Business
- Barnama
SPUT Disburses RM7.5 Mln To 1,809 Micro-Entrepreneurs In Sabah
PENAMPANG, June 22 (Bernama) -- A total of RM7.5 million has been channelled to 1,809 micro-entrepreneurs, mainly hawkers and small traders operating in markets and Tamu, across Sabah under the Tamu Entrepreneur Financing Scheme (SPUT) since its launch in 2023. Entrepreneur and Cooperatives Development Minister Datuk Ewon Benedick said the scheme reflects the commitment of The National Entrepreneurial Group Economic Fund (TEKUN Nasional) to empower the people's economy through micro-financing support, particularly for rural communities and small business owners in need of capital to grow. He was speaking at the opening of the Tekun MADANI Mini Carnival at Tamu Desa Inobong here today.
