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...
Web Bytes Sdn Bhd, a leading retail management software company in Malaysia and a subsidiary of GD Express Carrier Bhd (GDeX), has announced a name change to become Xilnex Holdings Sdn Bhd. This name change reflects the company’s growth into a regional technology leader in retail solutions, with expanded operations in the Philippines,...
The number of individuals willing to work remotely for foreign employers has increased significantly, reflecting a notable shift in how job seekers in Southeast Asia and Hong Kong approach employment opportunities. The recently released Decoding Global Talent: Mobility Trends 2024 (SEA Edition) report by SEEK highlights this trend, with figures...
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...
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 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...
A total of 35 women entrepreneurs from across the 10 ASEAN Member States and Japan convened in Lao PDR to discuss challenges and opportunities related to innovation and sustainability in their enterprises. The Roundtable Discussion of Young Women Entrepreneurs in ASEAN and Japan was organised by the ASEAN-Japan Centre in...
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...
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...
In recent years, ASEAN has been laying down the groundwork for digital transformation through the Bandar Seri Begawan Roadmap (BSBR) that aims to accelerate economic recovery and digital integration by 2025. When coupled with the Digital Economy Framework Agreement (DEFA) negotiations that will conclude during Malaysia’s chairmanship in 2025, it...
As Malaysia prepares for the chairmanship of the Association of Southeast Asian Nations (ASEAN) in 2025, optimism of upcoming digital investment flowing into the country remains high as Malaysia is well-positioned destination within the region. Malaysian Digital Minister Gobind Singh Deo noted that the confidence is mainly attributed to the...

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