From recent visits to Peru and Brazil, Malaysian Prime Minister Datuk Seri Anwar Ibrahim is confident in Malaysia’s global recognition on the global stage as numerous world leaders expressed their interest in meeting him. Anwar noted that Malaysia’s achievements in combating corruption caught the attention of Peru Persident Dina Ercilia...
Visa, a global leader in digital payments, and FPT Corporation, Vietnam’s leading technology company, have signed a Memorandum of Understanding (MOU) to drive digital transformation and financial inclusion in Vietnam’s government sector. The collaboration aims Building on previous successful engagements, both parties will collaborate to understand the national e-marketplace for...
Deleum Bhd has strengthened its capacity to capture the rising demand for valve solutions by acquiring a 70% stake in Indonesia-based PT OSA Industries Indonesia (PT OSA) for US$7 million (equivalent to RM31.3 million). Deleum’s wholly-owned subsidiary Deleum Services Sdn Bhd (DSSB) has signed a Share Purchase Agreement with OSA...
Malaysia plays a crucial role in connecting the ASEAN region to global markets as a strategic hub in Southeast Asia as the country is well-positioned to facilitate trade and investment. According to Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, ASEAN’s combined gross domestic product (GDP) of over US$3.6...
Malaysia has entered a landmark partnership with carbon market associations from nine ASEAN nations through the signing of a Memorandum of Cooperation (MOC) to establish the ASEAN Common Carbon Framework (ACCF). As the world’s third-largest trader, Malaysia’s commitment to this agreement aims to enhance carbon market efficiencies across Southeast Asia,...
Maybank Singapore (Maybank) has introduced the myimpact SME programme, a group-wide initiative to empower SME customers in Singapore, Malaysia, Indonesia, the Philippines, and Cambodia with values-based solutions that support sustainable growth. Syed Ahmad Taufik Albar, Group CEO of Community Financial Services at Maybank, said, “As one of the largest financial...
Malaysia and Egypt have significant opportunities to help each other access their respective markets as the former serves as a gateway to the dynamic ASEAN economy and the latter will serve as an entry point to the Middle Eastern and African markets. Minister of Investment, Trade and Industry Tengku Datuk...
Amazon Global Selling (AGS) has shared the findings of a report on the opportunities and challenges encountered by micro, small, and medium-sized enterprises (MSMEs) in the ASEAN-6 countries—Singapore, Malaysia, Thailand, Vietnam, Indonesia, and the Philippines—as they navigate the rapidly expanding global e-commerce landscape. According to the report, conducted by Access...
UOB FinLab, the Bank’s innovation accelerator, has awarded over S$100,000 to selected Green Technology (GreenTech) firms to pilot 15 sustainability solutions with UOB and its corporate partners across ASEAN. The pilot solutions and partnerships were unveiled at the GreenTech Accelerator 2024 Showcase Day as part of the Singapore FinTech...
Loqate, a GBG solution, the leader in global address verification, today announced a strategic partnership with GrabMaps. This collaboration will see Loqate integrating GrabMaps’ extensive and high-quality location data for Malaysia into its platform, with plans to extend this partnership to Singapore, Thailand, the Philippines, and Indonesia. The enriched data will...
Malaysia is aiming to strengthen economic cooperation with neighbouring countries to further explore opportunities for private sector involvement in emerging industries. For one, Prime Minister Datuk Seri Anwar Ibrahim emphasised that Vietnam is a country that is facing rapid individual growth presents significant potential for partnerships that would benefit both...
The government is looking at having a clear scorecard focused on high-quality investments and incentives to align with the National Investment Aspirations (NIA) and New Industrial Master Plan (NIMP). According to the Ministry of Investment, Trade and Industry deputy minister, Liew Chin Tong, this effort requires collaboration with agencies including...

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