Malaysia’s Electricity Tariff Reform Will Help Businesses Track Fossil Fuel Costs and Invest in Clean Energy The new electricity tariff reform being introduced in Malaysia will provide businesses with greater visibility into energy costs and encourage investment in cleaner alternatives. The Energy Commission announced that Peninsular Malaysia’s new tariff structure will separate energy, capacity, network…
Malaysia Palm Oil Stocks Highest in the Last Two Years Malaysia’s palm oil stocks are at its peak in the last two years, climbing for the fifth straight month in July as output growth outpaced exports. Inventories rose 4.02% from June to 2.11 million metric tonnes, while crude palm oil production increased 7.09% to 1.81…
Malaysia Stands to Gain RM4 billion in Potential Investment from French Firms Investing Malaysia has secured potential investments worth RM4 billion from French firms investing in key industries. Several French firms investing in Malaysia have already expressed an interest in the up-and-coming sectors. These include high-tech manufacturing, aerospace, renewable energy, tourism, hospitality, the digital economy,…
Malaysia Revises SST Scope, Adding New Taxable Items and Service Sectors Starting 1 July 2025, Malaysia will expand its Sales and Services Tax (SST) regime as part of a broader fiscal reform. The changes significantly widen the SST scope, with new goods and services coming under tax, particularly in high-spending sectors. Sales Tax Changes The…
10,000 Workers in Malaysia Will Be Trained in Emergency Response for High-Risk Industries Approximately 10,000 workers based in high-risk industries are set to receive emergency aid and safety training as part of Malaysia’s initiative to enhance workplace safety. This safety training initiative targets high-risk industries and aims to boost emergency preparedness among both employers and…
Malaysia Jumps 11 Spots to 23rd in 2025 Global Competitiveness Rankings Malaysia has leapt ahead 11 spots to rank 23rd in the World Competitiveness Ranking 2025. It’s the highest position the country has reached since 2020. We can thank Malaysia’s strong economic performance and targeted reforms under the MADANI Economy framework for this leaping success.…
Malaysia’s Tourist Numbers Set to Surpass Pre-COVID Levels by 2025 Good news on the travel front for Malaysia, as its tourist arrivals are expected to fully recover by 2025, potentially surpassing the numbers recorded before the COVID-19 pandemic. The rebound is being driven by a substantial influx of visitors from Asia-Pacific, North America, and Europe.…
Malaysia Unveils One-Stop Centre for Labour Issues in Penang Malaysia is launching a one-stop centre for labour issues to help workers and employers resolve disputes and access key services more easily. What can we expect from this new unveiling? Well, for one thing, the new One-Stop Employee Service Centre is part of the KESUMA…
