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Compliance A Strategic Advantage For Labuan IBFC, Not Business Constraint — Labuan FSA

LABUAN, Aug 4 (Bernama) -- Financial institutions in the Labuan International Business and Financial Centre (Labuan IBFC) must regard compliance as a strategic capability that strengthens competitiveness rather than merely a regulatory obligation.

Malaysia Needs To Look Beyond Data Centres To Attract Global Capital

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia needs to move beyond data centres and nurture larger listed technology companies to attract global portfolio investment, said Principal Asset Management Bhd chief executive officer Munirah Khairuddin.

Vocalbeats.AI Named Strategic Partner Of AGI Playground 2026

KUALA LUMPUR, Aug 4 (Bernama) -- Vocalbeats.AI, a Singapore-based artificial intelligence (AI)-powered audio company, has announced its role as Strategic Partner of AGI Playground 2026, taking place on Aug 3 to 4 at Gardens by the Bay, Singapore.

Hainan Delegation Strengthens ASEAN Trade Cooperation

KUALA LUMPUR, Aug 4 (Bernama) -- An economic and trade delegation from Hainan Province, China, recently concluded a five-day visit to Thailand and Indonesia, promoting Hainan Free Trade Port policies, key industrial parks and investment opportunities.

Malaysia's Business Events Industry To Generate RM34.97 Bln economic Impact By 2030

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia's business events industry is projected to generate a cumulative economic impact of RM34.97 billion by 2030, driven by ongoing and strategic initiatives, said Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing.

MITI Says No Official Decision Yet On BYD's Tanjung Malim Investment

KUALA LUMPUR, Aug 4 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has yet to receive any official information on whether Chinese electric vehicle (EV) maker BYD will proceed with its planned investment in Tanjung Malim, Perak.

Govt Mulls Levy On EV Sales To Fund Public Charging Network

KUALA LUMPUR, Aug 4 (Bernama) -- The government is considering imposing a levy on every electric vehicle (EV) sold to establish a fund for expanding Malaysia's public EV charging network, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.

FedEx Strengthens Malaysia’s Connectivity With New Guangzhou-Sydney Non-stop Freighter Service

KUALA LUMPUR, Aug 4 (Bernama) -- Global transportation company Federal Express Corporation (FedEx) has launched its new Guangzhou-Sydney service route that will strengthen trade connectivity into Australia from key markets across Asia, including Malaysia.

KLIA Terminal 1 Enhances E-hailing Pick-Up Facilities Effective Aug 4 - MAHB

KUALA LUMPUR, Aug 4 (Bernama) -- Kuala Lumpur International Airport (KLIA) Terminal 1 has introduced a series of enhancements to its e-hailing pick-up facilities aimed at providing passengers with a smoother, faster and more convenient arrival experience, effective today.

Uni-Fuels Receives Nasdaq Minimum Bid Price Notice

KUALA LUMPUR, Aug 4 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels) announced it has received a notification letter from The Nasdaq Stock Market LLC (Nasdaq), stating that it is not in compliance with the minimum requirement for a closing bid price of US$1 per share under Nasdaq Listing Rule 5550(a)(2). (US$1=RM4.09)

Ringgit Opens Higher Against Major Currencies, Nearly Unchanged Against US Dollar

KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit opened higher against other major currencies and was almost unchanged versus the US dollar on Tuesday following the release of the US Institute for Supply Management (ISM) Manufacturing PMI data.

PM Anwar's Directive On Foreign Restaurant Workers Shows Govt Listens To Industry Concerns - FMBA

KUALA LUMPUR, Aug 3 (Bernama) -- The Federation of Malaysian Business Associations (FMBA) has commended Prime Minister Datuk Seri Anwar Ibrahim's directive to resolve outstanding foreign worker employment applications, with priority for the restaurant sector, within a month.