Intellectual Property Corp of Malaysia (MyIPO) and Multimedia Development Corp (MDeC) are taking firmer steps to promote intellectual property (IP)-based financing in Malaysia.

A tea talk, 'IP System and Valuation', was jointly organised by MyIPO, MDeC and the Association of Islamic Banking Institutions Malaysia (AIBIM), gathering bankers to share and exchange ideas in promoting IP-based financing.

The government has targeted a 90-percent online usage of its services among the public by 2015, said Chief Secretary to the Government Tan Sri Mohd Sidek Hassan.

Saying websites must be user friendly, he described government portals as mediums which could close the digital divide with society.

Malaysia will play host to a Global Innovation Forum that would serve as an international platform for discussions on the role of innovation in national development policies and the exchange of related ideas and experience from across the world.

The Multimedia Development Corporation (MDeC) is encouraged that the Government has set up a RM200mil creativity fund aimed at further boosting Malaysia’s animation, advertisement, music, film, and content industries.

Every single one of the 20 startup companies that pitched ideas to venture capitalists (VC) at the sixth MSC Malaysia InnoTech event are in further talks on seed funding possibilities.

Persoft Corp Sdn Bhd’s wholly-owned subsidiary Persoft Properties Sdn Bhd expects to achieve MSC Malaysia Cybercentre status within the next six months.

Regional and global technopreneurs will gather here tomorrow for the sixth InnoTech Summit. Open to industry players and the public, the annual event will serve as a platform for participants to exchange ideas on starting up and maintaining a business.

About five years in the making, Saladin: The Animated Series is almost ready for broadcasting, said the executive general manager of Al Jazeera Children’s Channel, Mahmoud Bouneb.

MSC Cyberport Sdn Bhd is currently conducting a feasibility study to extend the e-Local Authority system (e-PBT) to local authorities in China and Indonesia.

Broadband penetration must increase dramatically for the nation to continue progressing — this was a key topic at the 12th International Advisory Panel (IAP) meeting. Prime Minister Datuk Seri Najib Tun Razak said there needs to be broadband penetration on a massive scale for the country to go even further.