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Day: July 17, 2024

INNOEX 2024: UNLEASHING SOUTHEAST ASIA’S INNOVATION POWERHOUSE

HO CHI MINH CITY, Vietnam, InnoEx 2024, Southeast Asia’s premier innovation and business growth platform, officially announces its upcoming two-day event on August 22nd and 23rd, 2024, at the Thiskyhall Sala Exhibition Center, in Ho Chi Minh City (HCMC), Vietnam. Building on the phenomenal success of 2023, InnoEx 2024 promises to be a groundbreaking experience, redefining the regional innovation landscape. Here’s what awaits you: Source: BERNAMA News Agency

CONTINUOUSLY SHORTENED NEGATIVE LIST FOR FOREIGN INVESTMENT UNLEASHES MARKET VITALITY IN CHINA

BEIJING, A report from People’s Daily: In recent years, China has been steadily pushing forward the reform of its market access system, one of the fundamental systems underpinning the country’s socialist market economy. By continuously lowering market entry thresholds, increasing transparency of market rules, and creating a fairer market environment, China has fully stimulated the endogenous power and innovation vitality of various business entities. China’s negative list system allows all types of business entities to equally enter industries, fields, and businesses that are not forbidden by the list in accordance with the law, without the requirement for further government approval.

KING PRESENTS SCHOLARSHIPS TO 14 IPT STUDENTS

KUALA LUMPUR, His Majesty Sultan Ibrahim, King of Malaysia, today presented the Yang di-Pertuan Agong Scholarship (BYDPA) 2024 to 14 students of higher learning institutions (IPT) at Istana Negara. Half of the recipients will be pursuing Doctor of Philosophy (PhD) studies, while another half will further their master’s degrees through research. The Public Service Department (JPA), in a statement, said two of the scholars will further their studies at a renowned university abroad, while the rest will continue their studies at local research universities. The PhD students are Nadrahtul Aqilah Mohd Yahya (Imperial College London – Physics), Alyssa April Dellow

NO DOCUMENTS TO PROVE LIM REVOKES TAX EXEMPTION GRANTED TO ALBUKHARY FOUNDATION – WITNESS

KUALA LUMPUR, The High Court here was today told that there was no document to prove that former Finance Minister Lim Guan Eng had revoked the tax exemption granted to the Albukhary Foundation. Head of the Tax Section at the Ministry of Finance, Hazlan Abdul Aziz said he could not find any letter issued by Lim stating that the Finance Ministry did not recognise the tax exemption granted by the Inland Revenue Board (IRB) between 2018 and 2020 to the foundation, Hazlan, who is the second defence witness, said this during cross-examination by lawyer Guok Ngek Seong, representing Lim, on

MALAYSIAN RE LAUNCHES MALAYSIA INSURANCE HIGHLIGHTS 2024, EXPLORES RAPIDLY CHANGING INDUSTRY LANDSCAPE

KUALA LUMPUR, Malaysian Reinsurance Bhd (Malaysian Re) has unveiled the fifth edition of its annual research publication, Malaysian Insurance Highlights 2024 (MIH 2024), exploring the impacts of a drastically changed risk landscape on Malaysia’s insurance market, focusing on personal insurance lines. President and chief executive officer Ahmad Noor Azhari Abdul Manaf said Malaysian Re is committed to showcasing the insurance industry’s grasp of market evolutions and its dedication to societal and economic responsibilities. ‘We are keen to demonstrate how our industry captures new developments in the market and fulfils its responsibility towards society and the economy. ‘Through MIH 2024, we