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MIDA Inked Five MoUs With Organisations From Four Countries In 2023-2025 -- MITI

KUALA LUMPUR, June 29 (Bernama) -- The Malaysian Investment Development Authority (MIDA) signed five foreign investment-related memoranda of understanding (MoUs) with organisations from China, Saudi Arabia, Japan, and Türkiye between 2023 and 2025.

Malaysia, Switzerland Conclude Second Round Of Double Taxation Agreement Talks

KUALA LUMPUR, June 27 (Bernama) -- Malaysia's Ministry of Finance (MOF) and Switzerland's State Secretariat for International Finance have successfully concluded the second round of renegotiations of the Agreement for the Elimination of Double Taxation with Respect to Taxes on Income between the two countries.

Service Tax Exemption Eases Financial Impact On Non-residential Buildings Management - MIPFM

KUALA LUMPUR, June 26 (Bernama) -- The government’s decision to exempt Service Tax on service charges and sinking fund contributions for non-residential buildings will help ease the financial impact on the management of non-residential stratified properties, said the Malaysian Institute of Property and Facility Managers (MIPFM).

Malton Shares Up 30 Pct On AI Centre Partnership Proposal

KUALA LUMPUR, June 24 (Bernama) -- Shares of Malton Bhd rose almost 30 per cent in early trade today after it announced plans to collaborate with a United States-based NVIDIA cloud partner to establish artificial intelligence (AI) compute centres in Malaysia.

LBS' Lim Hock San Receives ASEAN Lifetime Achievement Award

KUALA LUMPUR, June 23 (Bernama) -- LBS Bina Group Bhd group executive chairman Tan Sri Dr Lim Hock San has been conferred the Lifetime Achievement Award 2026 - Visionary Business Leadership & Community Excellence at the ASEAN Outstanding Business Award 2026 held in Kuala Lumpur.  

Penang Eyes Direct Jinan-Penang Flights To Strengthen Air Connectivity With Northern China

GEORGE TOWN, June 23 (Bernama) -- The Penang government is exploring the possibility of launching direct flights between Jinan and Penang as part of its efforts to strengthen air connectivity with northern China and expand the state’s tourism market reach.

Malaysia-Bangladesh FTA Targeted For Conclusion In 2027

KUALA LUMPUR, June 22 (Bernama) -- The Malaysia-Bangladesh Free Trade Agreement (MBFTA) is targeted to be concluded in 2027 as a mutually beneficial, comprehensive and forward-looking agreement that reflects current global trading practices.

PKFZ Records RM108 Mln Revenue As 'Reactivation' Hits 86 Pct

PULAU INDAH, June 18 (Bernama) -- The Port Klang Free Zone (PKFZ), now 86 per cent “reactivated” after nearly two decades of underutilisation, has generated RM108 million in revenue.

ASEAN-Russia Need To Expand Cooperation  Across The Board, Mainly In Food Security And Energy - Anwar

From Nurul Hanis Izmir

KAZAN, June 17 (Bernama) — ASEAN and Russia need to expand multilateral cooperation in areas such as food security, energy, advanced manufacturing, digital technologies, and education, said Prime Minister Datuk Seri Anwar Ibrahim.

MIGHT, UNIDO Launch Sustainable Cities Programme In Selangor

KUALA LUMPUR, June 16 (Bernama) -- The Malaysian Industry-Government Group for High Technology (MIGHT), in collaboration with the United Nations Industrial Development Organisation (UNIDO), has launched the GEF-8 Sustainable Cities Integrated Programme (SCIP) in Selangor.

IRDA, Taiwan's Taoyuan City Govt In Pact To Advance Industrial Collaboration

ISKANDAR PUTERI, June 16 (Bernama) -- The Iskandar Regional Development Authority (IRDA) has formalised a strategic partnership with Taoyuan City Government in Taiwan to promote industrial collaboration, strengthen talent development and enhance mutual economic competitiveness.

MRMA Appoints Derek Teh As Chairman

KUALA LUMPUR, June 15 (Bernama) -- The Malaysian REIT Managers Association (MRMA) has appointed Sunway REIT Management Sdn Bhd chief executive officer and executive director Derek Teh Wan Wei as the chairman of the association during its annual general meeting (AGM) recently.