Business, markets and economy news from Malaysia.
Malaysia's Communications Minister has warned social media companies that non-compliance with age-verification requirements under the Online Safety Act 2025 will result in fines up to RM10 million, escalating enforcement of digital safety standards.
Malaysia's upcoming AI Governance Bill will establish clear accountability mechanisms for individuals and organisations using artificial intelligence, Digital Minister Gobind Singh Deo announced in Parliament, addressing growing public concerns over AI-related risks and harms.
Malaysia's Communications Minister warns social media platforms face penalties up to RM10 million for non-compliance with age-verification requirements under the Online Safety Act 2025, with over 30 engagement sessions held since January.
Malaysia is adopting a comprehensive two-track approach to combat artificial intelligence misuse, pairing a new AI Governance Bill with enforcement of existing legislation to protect citizens from deepfakes, identity theft, and non-consensual intimate content.
The United Arab Emirates has become the first Arab country to ban social media use for children under 15, mandating platforms disable such accounts or face blocking. The move follows similar restrictions in Australia and Britain.
Telegram, the encrypted messaging platform favoured by activists and journalists, faces mounting legal pressure globally. Governments from India to France are imposing bans and criminal charges, citing terrorism, fraud and failure to moderate illegal content.
A New Delhi court has rejected Telegram's legal challenge to a temporary ban imposed by India's government to prevent the spread of leaked exam questions. The app remains offline until June 22.
The UK government plans to ban children under 16 from accessing major social media platforms including TikTok, Instagram, and YouTube, with enforcement targeting platforms rather than young users.