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.

Detailed Study Needed To Assess Anti-competitive Practices On E-commerce Platforms -- Senator

KUALA LUMPUR, Aug 3 (Bernama) -- Low prices for goods offered on e-commerce platforms cannot be directly considered as predatory pricing or anti-competitive practices, said Deputy Minister in the Prime Minister’s Department (Religious Affairs) Senator Marhamah Rosli.

Ringgit Ends Lower Against US Dollar, Major Currencies As US Treasury Yields Rise

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit ended lower against the greenback and other major currencies on Monday, pressured by rising United States Treasury yields and renewed uncertainty over the path of US monetary policy.

Malaysia Well-positioned Against Advanced Cyber Threats - Kaspersky

From K. Naveen Prabu

GUANGZHOU, Aug 3 (Bernama) -- Malaysia is well prepared to defend against advanced cyber threats targeting government institutions, according to global cybersecurity firm Kaspersky.

Sarawak Energy Bhd Appoints Ruslan Abdul Ghani As Group CEO Designate Effective Sept 1

KUCHING, Aug 3 (Bernama) -- Sarawak Energy Bhd has announced the appointment of Datuk Ruslan Abdul Ghani as group chief executive officer (CEO) designate, effective Sept 1.

Tenaga Nasional Deeply Committed To Energy Sovereignty – TNB Genco Managing Director

By Mikhail Raj Abdullah

KUALA LUMPUR, Aug 3 (Bernama) -- Tenaga Nasional Bhd is deeply committed to energy sovereignty by strengthening resilience, safeguarding energy security and accelerating sustainable growth.