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.

KUALA LUMPUR, Aug 26 — Petronas said today its unit has initiated proceedings against South Sudan for allegedly blocking a US$1.25 billion (RM5.46 billion) sale of its local assets and instead taking over the business.

BEIJING, Aug 26 — Fresh Malaysian durian will be on sale at selected retail outlets in six China provinces — Beijing, Zhengzhou, Shanghai, Guangzhou, Shenzhen and Nanning — from today.

KUALA LUMPUR, Aug 26 — An industry group including Google, Meta and X has called on the government to pause a plan that will require social media services to apply for a licence, citing a lack of clarity over the proposed regulations.

KUALA LUMPUR, Aug 26 — Prasarana Malaysia Bhd has assured that a cybersecurity incident involving unauthorised access to some of the company’s systems did not disrupt its daily operations.

MIRI, Aug 26 — The Domestic Trade and Cost of Living Ministry (KPDN) will step up cooperation with related agencies to curb leakages of controlled subsidised goods.

PUTRAJAYA, Aug 26 — Malaysia requires approximately 62,000 competent individuals to drive the generation of renewable energy (RE) up to 70 per cent or 56GW in the energy sector by 2050.

KUALA LUMPUR, Aug 26 — Bursa Malaysia opened higher in line with the positive Wall Street performance after US Federal Reserve chair Jerome Powell indicated a shift in rates policy going forward, said an analyst.

KUALA LUMPUR, Aug 26 — The ringgit opened stronger at 4.35 against the US dollar, hitting almost a 28-month high, as the US Federal Reserve (Fed) appeared on track for an interest rate cut, said an analyst.

PUTRAJAYA, Aug 25 — Seven global Indian companies in Malaysia have committed to train and hire at least 5,000 Malaysians, following the signing of a memorandum of understanding between the Malaysia Digital Economy Corporation (MDEC) and the National Association of Software and Service Companies (Nasscom).

NEW DELHI, Aug 25 — Malaysia and India are looking to enhance their economic relationship with an upgraded free trade agreement following Prime Minister Datuk Seri Anwar Ibrahim’s recent visit to New Delhi.

KUALA LUMPUR, Aug 24 — The ringgit is expected to strengthen against the US dollar next week, driven by signals from the US Federal Reserve (US Fed) suggesting potential interest rate cuts in September.