Malaysia and Thailand have reaffirmed their commitment to enhance investment and bilateral trade – through the Joint Task Force on Trade and Investment – with a target of US$30 billion by 2027.
Prime Minister Datuk Seri Anwar Ibrahim said that while the target may seem ambitious, the significant economic potential...
Under the Finance Ministry, the Dewan Negara had passed five bills related to business activities in Labuan, namely the Labuan Business Activity Tax (Amendment) (No.2) Bill 2024, the Labuan Companies (Amendment) Bill 2024, the Labuan Trusts (Amendment) Bill 2024, the Labuan Foundation Law (Amendment) Bill 2024 and the Labuan...
The Malaysia External Trade Development Corporation (MATRADE) aims to help more high-value products from Kelantan-based entrepreneurs reach global markets.
MATRADE Eastern Region director Zaimah Osman said many entrepreneurs in the state produce unique, high-quality products that are on par with entrepreneurs in the Klang Valley and are well-suited for exports.
She...
Malaysia’s economic outlook for 2025 appears optimistic with a mix of opportunities and challenges ahead, depending on policy implementation, particularly in fiscal discipline, economic inclusivity and the adoption of technological innovations to sustain growth.
The Malaysian Institute of Economic Research (MIER) is projecting a steady gross domestic product (GDP) rate...
Malaysia will prioritise enhancing trade facilitation among ASEAN countries and strengthening the connectivity of ASEAN capital markets, recognising the strategic importance of its capital market as the country prepares to chair ASEAN in 2025.
Among some of the key priorities under the finance track of next year’s ASEAN meetings, Finance...
CIMB Securities Sdn Bhd foresees minimal impact from the proposed hikes in minimum wages to RM1,700 and foreign worker levies on the local infrastructure supply chain.
The brokerage firm’s analyst anticipates that contractors and suppliers of building materials will mitigate any resulting increases in logistics and transportation costs by adjusting...
The government is continuously striving to ensure balanced development is implemented across region and states, including Perlis, Kedah, Kelantan and Terengganu, which are collectively known as State Government 4 (SG4).
According to the Economy Ministry, the government guarantees it will continue to develop and improve the provision of comprehensive basic...
Within the first nine months of the year, Malaysia recorded an increase of export value of RM49.54 billion (+4.9%) compared to the same period last year, driven by key sectors such as refined petroleum products, integrated electronic circuits, telecommunications equipment, parts and accessories.
According to Malaysia External Trade Development Corporation...
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...
The government should refine the provision of targeted subsidies before the time of implementation next year by carrying out a cost-benefit analysis to ensure that the plans benefit the people and not non-Malaysian citizens.
This was expressed by former international trade and industry minister Tan Sri Rafidah Aziz as she...
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 aims to maintain economic stability when it assumes its role as ASEAN chair in 2025, positioning itself as a key regional player amid global economic uncertainties stemming from US President Donald Trump’s policies.
On this, Franklin Templeton Institute investment strategist Christy Tan said that with fiscal consolidation and a...
