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Malaysia and Singapore to Boost Cybercrime Cooperation in Cross-Border Crime Agreement

Key Takeaway: Cybercrime will be included in Malaysia-Singapore cross-border crime cooperation , as the two countries prepare to renew their Memorandum of Understanding (MOU) on the matter. Malaysia’s Home Minister, Datuk Seri Saifuddin Nasution Ismail, announced that cybercrime will be a new focus in Malaysia-Singapore cross-border crime collaboration . The updated MOU will be signed on Nov 14 during Saifuddin’s meeting with Singapore’s Minister of Home Affairs and Law, K. Shanmugam. This move reflects the growing threat of cybercrime , which costs ASEAN an estimated US$64 billion annually. The agreement emphasizes capacity-building, intelligence-sharing, and joint operations as vital components for addressing cybercrime. The exchange of MOU documents will occur at the Annual Leaders' Retreat on Dec 8 in Malaysia, which will be attended by the prime ministers of both nations. Saifuddin also highlighted plans to discuss border congestion issues and will visit Singapore’s Immi
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KTI Landmark Secures RM50 Million Sub-Contract in Labuan

KTI Landmark Bhd, a newly listed construction firm, announced a RM49.99 million sub-contract win for the Armed Forces Family Housing (RKAT) project at Labuan Air Base. The 14-month contract, awarded by Jawat Johan Sdn Bhd, begins on Nov 25.

This is KTI’s second RKAT-related project, adding to a previous contract for the RKAT Kem Lok Kawi project awarded in February 2024. With this latest award, KTI’s total contract sum for 2024 has reached RM214.37 million. The new project is expected to enhance KTI’s revenue and earnings during its tenure.

KTI's stock closed unchanged at 31 sen, with a market cap of RM248 million, up 3.3% from its listing price of 30 sen in June.

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