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OMV Tax On local CKD Vehicles Will Not Burden B40, M40 -- Sim

KUALA LUMPUR, Feb 23 (Bernama) -- The full implementation of the open market value (OMV) tax structure for locally assembled Completely Knocked Down (CKD) vehicles will not burden the B40 and M40 income groups, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said today.

Project B Appoints William Kim To Lead Global Lifestyle Strategy

KUALA LUMPUR, Feb 23 (Bernama) -- Project B, a global sports platform, has appointed William Kim as Chief Lifestyle Officer to lead its premium lifestyle business across merchandise, brand collaborations and cultural partnerships.

Coventry Becomes Exclusive Life-Settlement Sponsor Of NAIFA

KUALA LUMPUR, Feb 23 (Bernama) -- Coventry has announced a new category-exclusive national sponsorship agreement with the National Association of Insurance and Financial Advisors (NAIFA), under which it will serve as NAIFA’s exclusive Gold sponsor in the life settlement category.

Coventry To Showcase Longevity-Linked Asset-Backed Securities At SFVegas 2026

KUALA LUMPUR, Feb 23 (Bernama) -- Coventry, the leader and creator of the secondary market for life insurance, announced it will attend SFVegas 2026 to engage with structured finance leaders as the institutional market for longevity-linked asset-backed securities (ABS) continues to mature.

AirBorneo, IBM Malaysia Collaborate In AI-Powered Operations, Improve Agility

KUCHING, Feb 23 (Bernama) -- Sarawak’s new state-owned full-service airline, AirBorneo, has partnered IBM Malaysia Sdn Bhd to develop artificial intelligence (AI)-driven data and automation solutions as part of its preparations for commercial operations in 2026.

Pantheon Promotes Four New Partners, Strengthens Global Leadership Team

KUALA LUMPUR, Feb 23 (Bernama) -- Pantheon, a global private markets investor, has announced the promotion of four new Partners, recognising their contributions across key regions and client segments and supporting the firm’s continued growth and leadership in private markets.

Red Sea Global To Open ADRENA Adventure And Entertainment District March 1

KUALA LUMPUR, Feb 23 (Bernama) -- Red Sea Global (RSG), a vertically integrated real estate developer, has revealed plans to open an adventure and entertainment district named ADRENA to the public on March 1, following a soft launch for invited guests from Feb 15.

Beyond Spending, Raya Reflects Household Economic Expectations

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 22 (Bernama) -- Many Malaysians may be tightening their belts, but when it comes to Hari Raya Aidilfitri, cutting back is often not an option, as households continue to prioritise festive spending despite ongoing cost-of-living pressures.

Malaysia Studying US Court Ruling, Trump Tariff Move

KUALA LUMPUR, Feb 21 (Bernama) -- Malaysia is assessing the implications of a ruling by the Supreme Court of the United States and a new tariff announced by President Donald Trump, the trade minister said on Saturday.

JA Worldwide Names Vivek Kumar JA Asia Pacific President, CEO

KUALA LUMPUR, Feb 19 (Bernama) -- JA Worldwide, one of the world’s largest and most impactful youth-serving nonprofits, has appointed Vivek Kumar as the next President and Chief Executive Officer (CEO) of JA Asia Pacific, joining the JA Worldwide Senior Leadership Team.

Sharjah Deputy Ruler Strengthens Collaboration With Huawei, SMG

KUALA LUMPUR, Feb 19 (Bernama) -- Sharjah Deputy Ruler and Sharjah Media Council Chairman, Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, has recently visited the Huawei Research and Development Centre and Shanghai Media Group (SMG) during an official visit to Shanghai, China.

Meltwater Joins Reddit’s Official Data Partner Programme

KUALA LUMPUR, Feb 19 (Bernama) -- Meltwater has joined the Official Data Partner programme of Reddit, strengthening its access to Reddit’s enterprise data application programming interfaces (APIs) to deliver enhanced consumer and market intelligence.