Compass

From left to right: Yang Berusaha Dr. Harizal bin Hamid Chief Executive Officer, Selangor Technical Skills Development Centre (STDC) Yang Berusaha Tuan Yong Kai Ping Chief Executive Officer, Sidec Sdn Bhd Yang Berbahagia Mejar Kehormat Dato' Ts. Saipolyazan M Yusop Group Chief Executive Officer, Menteri Besar Selangor (Incorporation) Yang Berhormat Tuan Ng Sze Han Selangor State Executive Councillor for Investment, Trade & Mobility Yang Berhormat Puan Anfaal binti Saari Selangor State Executive Councillor for Women Empowernment & Social Welfare Yang Berbahagia Dato’ Hasan Azhari bin Haji Idris Chief Executive Officer of Invest Selangor Berhad Yang Berusaha Puan Siti Faridah Abdul Samad Chief Executive Officer, Wanita Berdaya Selangor Sdn Bhd PETALING JAYA, Aug 27 (Bernama) -- The state of Selangor launches its annual Selangor International Business Summit 2026, setting the stage for unparalleled regional trade and investment cooperation and collaboration today. Scheduled t...

  KUALA LUMPUR, Aug 26 (Bernama) -- Coventry has announced the successful completion of its fourth asset-backed securitisation since April 2025 under its LILY programme, bringing total life insurance-backed financing across the platform to US$1 billion. (US$1=RM4.03) In a statement, the company said the milestone reflects continued investor demand for longevity-linked assets and LILY’s growing role as a platform for accessing life insurance-backed investments through the asset-backed securities market. Coventry Chief Executive Officer, Reid Buerger said reaching the US$1 billion mark is a significant milestone for the LILY programme and the institutional market for life insurance-backed assets. He said the milestone reflects growing investor recognition of the value of longevity-linked assets and the benefits of accessing them through a disciplined, repeatable securitisation platform such as LILY. Since its launch in 2025, the LILY programme has demonstrated its ability to access i...

CIMB brings its “Moving You Forward” brand promise to life through a celebration that unites communities, showcases Malaysian talent and supports local businesses KUALA LUMPUR, Aug 21 (Bernama) -- CIMB Bank Berhad (“CIMB” or “the Bank”) and Dewan Bandaraya Kuala Lumpur (“DBKL”) are pleased to announce Festival Ambang Merdeka 2026: Malaysia MADANI – Kesejahteraan Dinikmati (“Festival Ambang Merdeka”) a three-day festival from 29 to 31 August 2026 at Dataran Merdeka. Expected to welcome more than 100,000 visitors, the celebration aims to bring Malaysians from all walks of life together through music, culture and shared experiences while creating more opportunities for local businesses and communities. The highlight of the celebration is the Konsert Kita Bagi Jadi @ Ambang Merdeka 2026 segment taking centre stage on 30 August at 10.30pm, with a captivating 90-minute musical leading up to the iconic Merdeka countdown at midnight. Choreographed by renowned creative director Pat Ibrahim with...

\ HONG KONG, Aug 21 (Bernama-GLOBE NEWSWIRE) -- Mongolian Mining Corporation   (“ MMC ” or the “ Company ”, or together with its subsidiaries, the “ Group ”; HKEx: 975), the largest producer and exporter of washed coking coal products in Mongolia, today announced its interim results for the six months ended 30 June 2026 (“ 1H2026 ” or the “ period under review ”). The Group generated a total revenue of approximately USD586.2 million in 1H2026 (1H2025: USD346.6 million), representing approximately 69.0% year-on-year increase. The increase was driven by higher washed coking coal sales volume and improved average selling price (“ ASP ”). The Group sold approximately 5.7 million tonnes (“ Mt ”) of washed coal products in 1H2026 (1H2025: 4.2 Mt), comprising 5.2 Mt of primary products and 0.5 Mt of secondary products. In addition, the Bayan Khundii gold mine contributed USD94.7 million, accounting for 16% of total revenue during the period under review, being its first full reporting per...

KUALA LUMPUR, Aug 20 (Bernama) -- The Hong Kong Tourism Board (HKTB) has announced the opening of public registration for the Sun Hung Kai Properties Hong Kong Cyclothon, which will take place on Oct 11. This year’s event continues to promote the spirit of sports for charity and features several new elements, including a 56-kilometre (km) non-competitive ride on a “Five Tunnels, Three Bridges” route, while the popular 32 km ride will continue on the “Two Tunnels, Two Bridges” route. More than 6,500 places are available for the two non-competitive rides. The Cyclothon will also feature the return of the Union Cycliste Internationale (UCI) Class 1.1 Road Race, with a new 100 km racecourse that will draw elite teams from around the world for competition in Hong Kong. “Starting in mid-September, HKTB will roll out a series of mega events, with the Hong Kong Cyclothon standing out as one of the most energetic and dynamic international sporting spectacles on our calendar,” said HKTB Chairman...

Explore Penang with the Heritage Discovery Drive package 1926 Centennial Local Discovery Series opens with a chauffeur-driven journey through George Town's historic streets, developed with local partner Classic Wheels Signature. GEORGE TOWN, Penang, Aug 20 (Bernama) -- This Merdeka, 1926 Heritage Hotel Penang is inviting travellers to rediscover a city many already think they know, not through another guided tour, but from the seat of a vintage car moving slowly through its streets. The hotel has launched the 1926 Centennial Local Discovery Series, a new collection of experiences developed with Penang partners to mark its hundredth year on Jalan Burma. The first chapter, the “Heritage Discovery Drive”, pairs the hotel with Classic Wheels Signature, a Penang-based collection of classic cars and Foi Mémoire, a luxury boutique atelier that features traditional and Nanyang-inspired heritage wear, including modern Nyonya-style kebaya and Peranakan-fusion fashion, for a chauffeur-drive...

KUALA LUMPUR, Aug 19 (Bernama) -- Asia Pacific recorded the strongest improvement of any region in the latest 2026 Chandler Good Government Index (CGGI), with 79 per cent of governments in the region recording higher scores, while Singapore retained the top global ranking for the fourth consecutive year. The CGGI, now in its sixth year, assesses the capabilities and effectiveness of 133 governments across seven pillars, namely Leadership & Foresight, Robust Laws & Policies, Strong Institutions, Financial Stewardship, Attractive Marketplace, Global Influence & Reputation, and Helping People Rise. The findings were presented by Chandler Governance Group (CGG) Director (Knowledge), Dinesh Naidu, at a joint session on future-ready governance in Asia and the Pacific, held as part of the OECD-UNDP-OPDC “Transforming Public Services in Thailand” programme in Bangkok. Naidu said the region's progress demonstrated that sustained investment in institutions and public service deli...

The Federal Kuala Lumpur - Lobby A Familiar Landmark, Refreshed for a New Era KUALA LUMPUR, Aug 18 (Bernama) -- The Federal Kuala Lumpur is now open with 150 refurbished guestrooms complemented by revitalised social and retail spaces throughout the hotel. The redesigned rooms and suites offer a contemporary and comfortable stay, featuring warm neutral tones, modern furnishings, and generous natural daylight. Select rooms overlook the vibrant streets of Jalan Bukit Bintang, and Kuala Lumpur skyline offering guests a sense of connection to the city’s rhythm and energy. A New Stay Experience in Bukit Bintang The Federal Kuala Lumpur’s refreshed identity draws inspiration from local arts, culture, and craftsmanship. Thoughtful touches elevate the in-room experience including a well-edited mini pantry. Whether visiting for business or leisure, guests stay in tune with the city’s rhythm, framed by the skyline and the lively energy that surrounds Bukit Bintang. To celebrate its reopening...

PETALING JAYA, Aug 17 (Bernama) -- The Halal Development Corporation Berhad (HDC), an agency under the Ministry of Investment, Trade and Industry (MITI), continues to reinforce its role as the central agency in driving Malaysia’s halal industry development by facilitating strategic industry linkages that enhance market access and strengthen the national halal ecosystem. As part of its ongoing efforts to advance Malaysia’s position as a global halal hub, HDC has successfully coordinated a targeted business matching initiative connecting Malaysian halal-certified suppliers with an international food and beverage brand, Owh My Duck (OMD), which is set to commence operations at Ombak KLCC in August 2026. This initiative shows HDC’s mandate to develop a robust, inclusive and globally competitive halal value chain, ensuring that foreign market entrants are seamlessly integrated into Malaysia’s well-regulated halal ecosystem while creating tangible opportunities for domestic industry player...

  (Front, from right), Bioeconomy Corporation Chief Executive Officer, Mohd Khairul Fidzal Abdul Razak exchanges a document of collaboration with (front, from left) BioVerde Technologies Chief Executive Officer, Ts. Hazwan Razak for the establishment of the Sarawak Regenerative BioFoundry during the Foundation Laying and Exchange of Agreements for the Sarawak Bioindustrial Park ceremony in Kota Samarahan on 13 August 2026, witnessed by (back, fourth from right) the Premier of Sarawak, Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari bin Tun Datuk Abang Haji Openg. Proposed RM50 million investment to advance regenerative medicine and high-value biotechnology in Sarawak KOTA SAMARAHAN, Aug 14 (Bernama) -- Sarawak is taking a major step towards strengthening its position in biotechnology and healthcare with a proposed RM50 million investment to develop the Sarawak Regenerative BioFoundry at the Sarawak Bioindustrial Park. The proposed development is a collaboration between M...

IFCCI receives recognition from ASEAN Records and Asia Records for its contribution to professional financial education through applied financial market research, reinforcing its commitment to advancing professional standards, research excellence and financial competency across the region. KUALA LUMPUR, Aug 12 (Bernama) -- The International Financial Consultant Certified Institute (IFCCI) has been recognised by ASEAN Records and Asia Records for its outstanding contribution to professional financial education through applied financial market research. The recognition follows the documented achievement of IFCCI’s Education and Research Unit 001 in producing verified annual research with a cumulative documented research value exceeding USD50 million. ASEAN Records and Asia Records Honour IFCCI for Outstanding Financial Market Research Achievement. The recognition places IFCCI among professional institutions acknowledged for making measurable contributions towards education, applied rese...

KUALA LUMPUR, Aug 13 (Bernama) -- Shandong Water Conservancy Vocational College has concluded its sixth overseas vocational training programme at the Ban-Mo College in Laos. Since the project began in January 2025, the college has completed six consecutive on-site training missions in Laos, providing talent support for the development of Chinese enterprises operating in the country and marking a milestone in its initiative to expand vocational education globally. The Lao Ban-Mo College is a significant achievement under the college's "industry-led education" and "overseas expansion alongside enterprises" strategies, according to a statement. Through a partnership with the Nonferrous Metals Industry Talent Center, Asia-Potash International (Laos) Co Ltd and Khammouane Technical College in Laos, the four parties jointly established the platform to provide targeted skills training based on the localised talent needs of overseas industrial and mining enterprises. Un...

Photo caption:(From left to right) Lim Ben-Jie, Chief People & Partnerships Officer of AirAsia MOVE; Nadia Omer, Chief Executive Officer of AirAsia MOVE; Shin Jung Hun, Managing Director of the Korea Tourism Organization (Malaysia); and Choi Chan, Marketing Director of the Korea Tourism Organization (Malaysia). Joint campaign aims to drive more international visitors to South Korea through the promotion of Jeju, Busan and emerging destinations. KUALA LUMPUR, Aug 10 (Bernama) -- AirAsia MOVE (MOVE) and the Korea Tourism Organization (KTO) have entered a strategic partnership to encourage international travellers to experience more of South Korea by extending their journeys beyond Seoul, promoting the country's vibrant domestic tourism network through destination-led campaigns, curated travel experiences and exclusive offers. The partnership is built on the shared commitment of MOVE and the Korea Tourism Organization (KTO) to encourage travellers to explore more of South Korea...

The official launch of Open Day & Global Safety Days 2026 was commemorated with a tree-planting ceremony, symbolising the growth of a strong safety culture and sustainable future. KUANTAN, Malaysia, Aug 10 (Bernama) -- BASF PETRONAS Chemicals (BPC) successfully hosted its Open Day & Global Safety Days 2026 at the Kuantan Verbund Site, bringing together more than 1,500 visitors comprising employees and their families, government representatives, local authorities, industry partners, community members, and other key stakeholders. Held under the theme "Jejak Kimia Di Desa Halaman: Think Safe, Act Safe, Win Together", the event underscored BPC's commitment to strengthening its safety culture, fostering transparency, and building meaningful relationships with stakeholders and the local community. The event was officially inaugurated by YBrs. Tuan Ahmad Fauzi bin Awang, Pengarah Jabatan Keselamatan dan Kesihatan Pekerjaan (JKKP) Pahang, demonstrating the strong partners...

Generali Malaysia today announced the appointment of Tony Lin as Chief Executive Officer of Generali Life Insurance Malaysia Berhad. KUALA LUMPUR, Aug 10 (Bernama) -- Generali Malaysia today announced the appointment of Tony Lin as Chief Executive Officer of Generali Life Insurance Malaysia Berhad. The appointment follows a period in which Tony served as Officer-in-Charge of the life insurance business, having stepped into the interim role after the departure of former CEO Soo Wai Har. During his tenure as the Officer-in-Charge, he provided steady leadership and continuity for the life insurance business, ensuring the company remained focused on its strategic priorities and commitments to policyholders. In his new role, Tony will report to Fabrice Benard, CEO of Generali Insurance Malaysia Berhad and Country Head of Generali Entities in Malaysia and will be responsible for driving the life insurance business’s growth agenda, operational excellence, customer-centric innovation. “Cong...

KUALA LUMPUR, Aug 6 (Bernama) -- As demand for Malaysia's healthcare services continues to grow across Central Asia, Malaysia is welcoming senior healthcare professionals from Uzbekistan and Kazakhstan for its first Medical Tourism Familiarisation Trip organised by Malaysia Healthcare Travel Council (MHTC) and Tourism Malaysia (TM), designed to deepen professional collaboration and expand referral opportunities between the regions. the initiative reflects the growing demand for Malaysian healthcare services across the region and aims to foster knowledge exchange and long-term partnerships between medical institutions in Malaysia and Central Asia. From 3 to 10 August 2026, the programme brings together 16 distinguished healthcare professionals, including practicing physicians, professors and senior medical specialists from Uzbekistan and Kazakhstan, for an immersive study visit throughout the programme. Participants will gain first-hand insight into Malaysia's internationally re...