Urgent.News

What's breaking now, across thousands of outlets.

World

Beyond data centres: What Budget 2027 needs to deliver, according to MBSB Investment Bank

KUALA LUMPUR, Sept 11 — Budget 2027 should move Malaysia’s artificial intelligence (AI) agenda beyond data c...

Beyond data centres: What Budget 2027 needs to deliver, according to MBSB Investment Bank

Malaysia's artificial intelligence (AI) agenda should shift beyond data centre construction towards enterprise adoption, domestic intellectual property, cybersecurity, and workforce productivity, according to MBSB Investment Bank Bhd (MBSB IB). The bank also emphasizes the need for supply-side efficiency by broadening the tax base, closing leakages, expanding consumption excises, introducing carbon pricing, rationalising spending, and attracting private investment.

MBSB IB highlights the importance of policy certainty, transparent project implementation, outcome-based incentives, and measures that channel long-term savings into productive investment. A multi-year project pipeline with disclosed project values, tender timing, funding sources, and execution milestones is recommended for improved planning and reduced speculative market movements.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at malaymail.com →

More in World

June 4 vigil leaders jailed over subversion

The High Court on Friday sentenced three former leaders of the group behind the June 4th vigils in their subversion case.

  • Three former Hong Kong Alliance leaders jailed for seven to five years each
  • Charged with subversion during June 4 vigils after National Security Law
  • Alliance fined HK$1.5 million for continued agenda promotion

More from Friday 11 September →