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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 Poised To Capture Major Real Estate Growth Amid Region's Structural Transformation - JLL

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia is emerging as a key beneficiary of Southeast Asia's structural transformation as the region shifts from cyclical recovery, according to Jones Lang LaSalle IP Inc (JLL).

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.

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.

Lumora Secures Pre-Seed Funding For Industrial Solar Growth

KUALA LUMPUR, Aug 4 (Bernama) -- Lumora, South Korea's first Independent Power Producer (IPP) dedicated to underutilised industrial space, has closed a pre-seed financing round led by a fund anchored by Yuhan-Kimberly and managed by My Social Company (MYSC), alongside HGI and other strategic investors.

Maybank Shares Slip 0.55 Pct After Announcing Maybank Ageas Acquisition

KUALA LUMPUR, Aug 4 (Bernama) -- Malayan Banking Bhd’s (Maybank) share price slid 0.55 per cent on Tuesday morning after announcing the acquisition of the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd yesterday.

Bursa Malaysia Opens Higher, Retreats Amid Cautious Sentiment

KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia opened higher on Tuesday but subsequently retreated as investors remained cautious amid persistent uncertainties in global markets, an analyst said.

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.

Indonesia Eyes US$20 Bln In Bilateral Trade With Thailand Under Strategic Roadmap

JAKARTA, Aug 3 (Bernama) -- Indonesia is optimistic about achieving US$20 billion in bilateral trade with Thailand by 2030 following the adoption of the Indonesia-Thailand Strategic Partnership Roadmap 2026-2030 on Monday.

Govt Diversifies Gas Supply Sources To Strengthen National Energy Security

KUALA LUMPUR, Aug 3 (Bernama) -- The government is prioritising Malaysia's energy security by diversifying access to large-scale gas resources that could broaden supply options and enhance the country's energy resilience.

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.

Oil Price Decline May Be Temporary Amid Uncertainty Over US-Iran Talks -- Economist

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 3 (Bernama) -- The sharp decline in global crude oil prices today may be temporary, as market sentiment remains highly sensitive to developments surrounding the proposed talks between the United States and Iran, an economist said.