KUALA LUMPUR, Aug 28 — Malaysia’s civil aviation regulator has cut the duration of Malaysia Airlines’ air operator certificate from three years to one, following a probe into technical issues faced by the state carrier, the transport minister said today.

KUALA LUMPUR, Aug 28 — The ringgit is no longer seen as undervalued after breaching the RM4.35 level against the United States dollar, said UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan.

KUALA LUMPUR, Aug 28 — The Communications Ministry, through the Malaysian Communications and Multimedia Commission (MCMC), is open to input about social media and internet messaging licensing.

KUALA LUMPUR, Aug 28 — The Producer Price Index (PPI), which measures the price changes of goods at the producer level, rose by 1.3 per cent in July after increasing 1.6 per cent in June, said the Statistics Department.

KUALA LUMPUR, Aug 28 — Bursa Malaysia surpassed 1,660 level in early trade, with the benchmark index gaining 0.79 per cent, opening at a fresh 44-month high today, bolstered by continued buying in financial services counters.

KUALA LUMPUR, Aug 28 — The ringgit continued to advance against the US dollar and revisited the 4.33 level at opening today, despite the better-than-expected US economic data, said an analyst.

KUALA LUMPUR, Aug 27 — The Malaysian Nuclear Agency (Nuklear Malaysia) is committed to integrating nuclear technology into mainstream use to enhance industrial competitiveness, improve public well-being and protect natural resources and the environment.

KUALA LUMPUR, Aug 27 — The Communications Ministry today announced an allocation of RM13 million for Tamil creative industry practitioners through the Creative Content Fund 2024 under the National Film Development Corporation Malaysia (Finas).

BURIRAM, Aug 27 — The Higher Education Ministry (Mohe) is ramping up collaboration with Russia in research and innovation, marking a key step in a broader strategy to strengthen the higher education ties between the two nations.

PUTRAJAYA, Aug 27 — The government will introduce the Government Efficiency Commitment Act to reduce bureaucracy and certain procedures in business affairs, said Economy Minister Rafizi Ramli.

PUTRAJAYA, Aug 27 — A total of 757 abandoned housing projects, involving about 89,165 housing units, were rehabilitated between December 2022 and July 2023, with a gross development value (GDV) of RM63.27 billion.

PUTRAJAYA, Aug 27 — The Malaysian Communications and Multimedia Commission (MCMC) will conduct a public inquiry on the proposed licensing requirements for social media and internet messaging service providers.

KUALA LUMPUR, Aug 27 — Bursa Malaysia’s benchmark index gained 0.81 per cent, closing at a fresh 44-month high today, buoyed by robust sentiment amid strong earnings by the financial services sector, said an analyst.

SEPANG, Aug 27 — Malaysia welcomed 1,449,711 tourist arrivals from China as of June, an impressive 190.8 per cent increase compared with the same period in 2023, with 498,540 arrivals, Tourism Malaysia said.

PUTRAJAYA, Aug 27 — The Halal Industrial Park Improvement Task Committee meeting today agreed on the appointment of Halal Development Corporation Bhd (HDC) as secretariat to the committee and of the Malaysian Halal Council.

KUALA LUMPUR, Aug 27 — Major tech firms must comply with local laws to continue operating in Malaysia, Communications Minister Fahmi Fadzil said today, after an industry group urged the government to pause a plan to require social media platforms to apply for a regulatory licence.

PETALING JAYA, Aug 27 — The Investment, Trade, and Industry Ministry (Miti) and Higher Education Ministry will present proposals on talent development to the Finance Ministry to be included in Budget 2025 to support the nation’s development of artificial intelligence (AI).

KUALA LUMPUR, Aug 27 — The government is committed to establishing the Malaysian Gig Economy Commission (Segim) after a bill related to the welfare of gig workers tabled in Parliament this October, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.

KUALA LUMPUR, Aug 27 — Bursa Malaysia opened slightly higher today despite Wall Street's mixed overnight performance, as investors may be rotating out of technology stocks ahead of the United States’ interest rate cut next month.

KUALA LUMPUR, Aug 27 — The ringgit opened flat versus the US dollar amid the high anticipation of an interest rate cut by the United States (US) Federal Reserve (Fed), according to an analyst.