The 8th Malaysia Business Events Week (MBEW) 2023 kicked off at the Kuala Lumpur Convention Centre on August 21, drawing about 400 Malaysian and foreign practitioners in the business events industry.
The Malaysia Business Events Week 2023 is set to last for six days at the Kuala Lumpur Convention Centre. (Illustrative photo: myceb.com.my)
Kuala Lumpur (VNA) – The 8th Malaysia BusinessEvents Week (MBEW) 2023 kicked off at the Kuala Lumpur Convention Centreon August 21, drawing about 400 Malaysian and foreign practitioners in the businessevents industry.
The MBEW is a flagship event of the MalaysiaConvention and Exhibition Bureau (MyCEB) dedicated to bringing togetherMalaysia's business events industry and its stakeholders for a dynamic platformof learning, discussion, idea exchange, business exploration, networking, andinnovation.
At the opening ceremony, YBhg. Datuk ZamriMat Zain, Deputy Secretary General from the Malaysian Ministryof Tourism, Arts and Culture (MOTAC), said MyCEB has cemented its position asthe industry's pillar, successfully securing 149 business events as of August2023. This translates to an estimated economic impact of 2.4 billion RM (over500 million USD).
He further stressed MOTAC’s ongoing support for businessevents and welcomed partnerships with non-industry entities, including non-governmentalorganisations, to foster growth.
One of the standout moments of MBEW 2023 was the launch ofthe MyTripleE support programme, an integral part of MyCEB’s Meet in Malaysiacampaign.
MyTripleE is designed to bolster Malaysia's appeal as a primedestination for regional and international business events. The programmefocuses on three strategic areas: Excel, Elevate, and Enliven. Itis poised to offer both financial and non-financial backing to optimise thedelivery of top-tier business events, catering to various segments includingconventions, exhibitions, and corporate meetings.
Datuk Hajah Saraya Arbi, Interim Chairman of MyCEB,said that MyTripleE envisions attracting 5.9 million delegates by 2030. Thiscould generate an estimated 42.12 billion RM in economic benefits and create nearly26,00 jobs.
Malaysia has temporarily suspended live cattle and buffalo imports from Australia, the Australian government said, days after Indonesia paused some imports after lumpy skin disease (LSD) was detected in a small number of cattle after arrival.
The Malaysian government expects the digital economy sector will contribute 25.5% to its gross domestic product (GDP) by 2025, Malaysia’s Communications and Digital Minister Fahmi Fadzil said on August 10.
Malaysia's gross domestic product (GDP) grew by 2.9% year-on-year in the second quarter of this year, mostly thanks to improving labour market, continued increase in domestic demand and higher tourism activities, said Governor of the Bank Negara Malaysia Datuk Shaik Abdul Rasheed Abdul Ghaffour.
Malaysia is targeting 3.2 million Muslim tourist arrivals in 2023 against the 2.1 million last year, said the country’s Deputy Minister of Tourism, Arts and Culture Khairul Firdaus Akbar Khan.
US companies have made investment pledges totaling 100 billion USD in various sectors in Malaysia over the last 18 months, US Ambassador to Malaysia Brian McFeeters said on August 21.
Total trade between Indonesia and New Zealand in the first half of 2025 reached 963.23 million USD, an increase of 21.56% compared to 792.39 million USD in the same period last year. Of this amount, Indonesia's exports to New Zealand totaled 374.89 million USD, while imports 588.35 million USD
Malaysia, as ASEAN 2025 Chair, marked the bloc’s 58th founding anniversary on August 8 with a vibrant celebration in Cyberjaya, blending an official ceremony with a colorful cultural festival.
Vietnam plays an important role in Southeast Asia’s economic growth and is a key partner of her country in realising the shared vision of a peaceful, stable, and prosperous region, said Robyn Mudie, First Assistant Secretary of Office of Southeast Asia (OSA) – Southeast Asia Regional and Mainland Division at Australia’s Department of Foreign Affairs and Trade (DFAT).
The 2025 ASEAN Business Community Development (ABCD) Forum, themed “Empowering ASEAN's Next Leap: Digital, Sustainable & Entrepreneurial Transformation” brought together ministers, CEOs, and top industry experts to discuss key regional economic priorities.
The DES Ministry will seek cooperation from social media platforms to prevent the spread of fake news and monitor accounts related to such activities, he told reporters after chairing a meeting of the newly established Anti-Fake News Centre (AFNC).
The Joint Standing Committee on Commerce, Industry and Banking identified the US tariff reduction as a significant driver behind the improved economic outlook for Thailand.
Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across the Association of Southeast Asian Nations (ASEAN), adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.
Featuring a permanent exhibition area, the ASEAN Hall will function both as a cultural showcase and as a dynamic venue for ASEAN-related events and programmes. Its inauguration on ASEAN Day added symbolic weight, marking a fresh milestone in ASEAN–RoK relations.
Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
The Malaysia Business Events Week 2023 is set to last for six days at the Kuala Lumpur Convention Centre. (Illustrative photo: myceb.com.my) 
