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Shell Takes Final Investment Decision On Malikai Phase 3

KOTA KINABALU, Aug 5 (Bernama) -- Sabah Shell Petroleum Company Ltd (SSPC) has taken the final investment decision (FID) on the third phase of the Malikai deepwater development offshore Sabah, Shell said in a statement today.

eXp Realty Selected As Global Platform By Mexico’s Ronival Real Estate

KUALA LUMPUR, Aug 5 (Bernama) -- Real estate brokerage company, eXp Realty announced that Ronival Real Estate, the leading transaction company in Baja California Sur, Mexico, has selected eXp Realty as its global platform.

EU Businesses Seek High-quality Malaysia-EU FTA To Boost Investment, Trade

KUALA LUMPUR, Aug 5 (Bernama) -- European business leaders are calling for a high-quality Malaysia-European Union (EU) free trade agreement (FTA) that delivers practical commercial outcomes while strengthening long-term investment and cooperation.

EU-CBAM Implementation Costs For Malaysia's Iron, Steel Industry Could Reach RM970.7 Mln In 2026

KUALA LUMPUR, Aug 4 (Bernama) -- A study by the Malaysian Steel Institute (MSI) estimates that costs associated with implementing the European Union’s Carbon Border Adjustment Mechanism (EU-CBAM) could reach RM970.7 million for Malaysia’s iron and steel industry in 2026, with the cost expected to rise progressively in subsequent years.

Global Tax System Must Keep Up With Digitalisation Trend - Amir Hamzah

KUALA LUMPUR, Aug 4 (Bernama) --The global tax system must evolve in step with the economic landscape that is increasingly shifting toward digitalisation, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.

CAAM Seeks Public, Industry Feedback On Low Altitude Economy Framework

PUTRAJAYA, Aug 4 (Bernama) -- The Civil Aviation Authority of Malaysia (CAAM) has invited industry players, government agencies, academia and members of the public to submit feedback by Sept 2 on a proposed national framework that will chart the country's Low Altitude Economy (LAE).

Compliance A Strategic Advantage For Labuan IBFC, Not Business Constraint — Labuan FSA

LABUAN, Aug 4 (Bernama) -- Financial institutions in the Labuan International Business and Financial Centre (Labuan IBFC) must regard compliance as a strategic capability that strengthens competitiveness rather than merely a regulatory obligation.

Malaysia Needs To Look Beyond Data Centres To Attract Global Capital

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia needs to move beyond data centres and nurture larger listed technology companies to attract global portfolio investment, said Principal Asset Management Bhd chief executive officer Munirah Khairuddin.

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.

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.

Vedanta Aluminium Posts Record Q1 Financial Results

KUALA LUMPUR, Aug 4 (Bernama) -- Vedanta Aluminium Metal Limited, a global aluminium producer, reported record financial results for the quarter ended June 30, 2026, with revenue reaching 21,105 crore Indian rupees, up 13 per cent quarter-on-quarter (QoQ) and 45 per cent year-on-year (YoY). (100 Indian rupees = RM4.29)

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.