US president Barack Obama to visit Malaysia

US President Barack Obama is to visit Malaysia in October to address a conference bringing together about 3,000 entrepreneurs from around the world, a Malaysian official said Wednesday. Finance Ministry Secretary General Irwan Serigar Abdullah said Obama would speak on the importance of entrepreneurship in boosting economic growth during the 4th Global Entrepreneurship Summit to be held on October 11 and 12 in Kuala Lumpur, according to DPA. The annual event was initiated by Obama in 2010 and was aimed at providing opportunities for young entrepreneurs with limited resources to get funding, according to Irwan.