Steady Economic Recovery in Malaysia’s 3rd Quarter Boosts Confidence in Businesses According to MIER, it’s going to be a slow but steady trek for Malaysia on the promising road to economic recovery. The Malaysian Institute of Economic Research (MIER) recently published the findings from its Business Conditions Survey Report. While Malaysia’s second-quarter (Q2) of 2020…
The 2020 APEC Session Concluded on a High Note The Asia Pacific Economic Cooperation (APEC) 2020 Malaysia was a success in Kuala Lumpur this year after it concluded on 21 November 2020. 21 APEC Economic Leaders were present for the session. The Promising Achievements The success of the APEC 2020 Malaysia was marked by…
All Business Travellers to Malaysia Must Go Through the One-Stop Centre by MIDA Globally, most nations are reopening their economic activities despite the pandemic infection rate. All countries must keep going while working hard to keep their people safe. Malaysia, for instance, is highly committed to attracting foreign investments even in the height of Covid-19.…
Believing in Shared Prosperity, Malaysia Signs the RCEP The United States of America and China are two economic giants that are always competing. When one of them envisions to influence an economic region, specifically the Asia Pacific, the other will create a similar agreement. The Regional Comprehensive Economic Partnership (RCEP) began when China, as the…
Expanding the Yield Through Sustainable Policies Malaysia wants to improve the productivity of its palm oil industry and is committed to establishing policies for sustainable cultivation of palm oil to improve the palm oil yield and productivity. Malaysia’s Ministry of Plantation Industries and Commodities (MPIC) plans to implement several new policies. These policies will seek…
China Still the Biggest Investor in Malaysia’s Manufacturing Sector China continues to be the biggest foreign investor in Malaysia in the manufacturing sector. China retained this ranking for the last four years since 2016. Strong Bilateral Trade Between China and Malaysia The bilateral trade between China and Malaysia amounts to US$80.06 billion. This was…
Malaysia Recorded an Impressive Foreign Bond Last June, Totalling Up to RM198.9 Billion; the Highest Recorded Net Inflow in Six Years Malaysia’s foreign holdings’ bonds climbed to a massive RM198.9 billion last month, according to Malaysian Rating Corp Bhd (MARC). The foreign bonds have grown by RM11.6 billion; making June 2020 the highest recorded net…
Malaysia Up Two Spots From 35th to 33rd Place for Two Years Consecutively The 2020 Global Innovation Index (GIL) ranked Malaysia in 8th position in Asia and 33rd spot globally. Going Strong Two Years in a Row This new ranking in the Global Innovation Index 2020 makes Malaysia the second most innovative country in…