Tuesday, 9 September 2014

Mosti to launch its own science TV channel

Watch out NatGeo! A new television channel will be launched by the Science, Technology and Innovation Ministry (Mosti) by end of this year to promote its efforts and achievements in the fields of innovation and science.
Deputy Minister Datuk Dr Abu Bakar Mohamad Diah said the new channel would be quite similar to the National Geographic Channel and would operate 12 hours per day.
"It will be known as either Mosti TV or the Science Channel, we are in the process of discussing the matter with several companies that will cooperate with us to create it," he told reporters after attending the Bioeconomic Transformation Programme Workshop in Banda Hilir here Monday.
In another development, the Deputy Minister said Mosti was also planning to set up an RM500mil fund to repurchase biotechnology products produced using Ministry grants to encourage commercialisation of the products.
"The Ministry will repurchase the products as their first customer," he said.
By doing so, he said the Ministry would enhance public confidence and give assurance that the products were of high quality.
He said the Ministry would apply for an allocation for the fund under the 2015 Budget.

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