Scheduled to begin next month at Kuala Lumpur Convention Centre, SIBS 2024 will be held in two series: Series One from July 25 to 27, and Series Two from Oct 16 to 19. This series will offer industry insights, engagement opportunities, and international networking platforms.

Mayor Mohamad Zahri Samingon said this will ensure micro and macro entrepreneurs can operate with greater confidence in the city, create better job opportunities and stimulate the local economy.

Menteri Besar Selangor, Datuk Seri Amirudin Shari, berkata negeri itu berada di tempat ketiga dengan pelaburan sebanyak RM12 bilion pada suku pertama tahun ini, selepas berada di kedudukan kedua keseluruhan dengan meraih pelaburan RM55 bilion untuk setahun penuh 2023.

Its chief executive officer Datuk Mahmud Abbas said the residences, to be built in Petaling Jaya and in Section 13, Shah Alam, will be pilot projects, marking a new goal for the state entity in the six decades since its founding.

"The full recovery time is expected to be at 8:00 am on Friday (July 26)," it added.