In a survey conducted by market research company Ipsos Sdn Bhd titled ‘What Worries Malaysian?’, it was revealed that 71% of respondents believed the country was heading in the right direction, marking a 19% increase compared to the same period in October 2023.
According to the Ipsos survey, 72% of...
Cuban Ambassador to Malaysia, Florentino Batista Gonzalez believes that Cuba and Malaysia should forge deeper partnerships in biotechnology and pharmaceuticals, particularly in producing vaccines, including halal vaccines that would cater to the local demographics.
He said that Cuba’s capital, Havana was also looking to Kuala Lumpur’s leadership as ASEAN chair...
The digital economy sector in Malaysia is poised to reach US$31 billion (RM138.4 billion) in gross merchandise value (GMV) for the year 2024, which is an increase of 16% from 2023.
According to the latest e-Conomy Southeast Asia 2024 by Google, Temasek and Bain & Company, the country’s digital economy...
The Real Estate and Housing Developers’ Association (REHDA) called upon financial institutions to take heed of the government’s move to introduce housing projects for the people and introduce their step-up financing schemes.
Its president Datuk Ho Hon Sang said that such a scheme would allow more Malaysians access to innovative...
The Singapore Business Federation (SBF) has revealed a more positive outlook for the Singapore economy in its National Business Survey (NBS) 2024 – Annual Business Sentiments Edition.
According to the survey, 40% of businesses are satisfied with the current business climate—a 10%-point increase since mid-2024. More businesses also expect the...
The Malaysian government is also committed to working with China to establish a government-to-government (G2G) mechanism for capacity management and technology sharing, particularly within the steel industry, to which Liew stated that the discussions regarding challenges and potential collaboration will be at the ASEAN level.
According to Deputy Investment, trade...
As of September 2024, the number of gig economy workers in Malaysia reached over three million, reflecting the increasing acceptance and reliance of gig work as a viable source of income due to the flexibility it offers and the expanding digital economy.
According to the Labour Force Survey Report for...
Bank Islam Malaysia Bhd achieved a significant milestone by surpassing its initial target of RM4 billion in green financing, achieving RM4.8 billion in September 2024, well ahead of its 2025 goal, highlighting its key role in advancing the country’s green economy.
“Building on this success, Bank Islam has set an...
The small and medium enterprise (SME) sentiment index rose to 55.8 in the second half of 2024 (2H24), which is an increase from 54.7 in the first half (1H24).
In a statement, SME Bank Malaysia Bhd said this marks the third consecutive increase in the index and the highest score...
Various positive indicators have boosted confidence in Malaysia’s growth outlook, including the recovery of the ringgit, inflation remaining manageable and even the low rate of employment.
In a social media post, Finance Minister II Amir Hamzah Azizan highlighted the country’s solid trajectory with the 2024 gross domestic product (GDP) forecast...
The Ministry of Science, Technology and Innovation (MOSTI) and Cradle Fund Sdn Bhd unveiled a digital platform known as Startup ASEAN, to position the ASEAN member states as leading players in the global startup landscape.
Its minister Chang Lih Kang said Startup ASEAN will promote and facilitate Science, Technology and...
Despite experiencing challenges in adapting to market changes and regulatory shifts, Malaysia’s micro, small and medium enterprises (MSMEs) is expected to continue progressing in 2025, while Small and Medium Enterprises Association (SAMENTA) president Datuk William Ng highlighted how SMEs that have embraced digitalisation are thriving.
However, traditional business that have...
