Malaysia’s New Incentive Framework (NIF) Targets Quality Investments and High-Paying Jobs Malaysia’s NIF, starting March 1, is designed to attract high-quality investments and support High-Income Job Creation across the country. NIF Drives High-Paying Jobs and Accountability Deputy Finance Minister Liew Chin Tong said the NIF will help create more high-paying jobs while encouraging development in…
Malaysia and India Strengthens Palm Oil Partnership to Boost Value Chain and Product Innovation Malaysia and India are working to strengthen their partnership in the palm oil industry, creating more opportunities for agribusiness investment Malaysia. Malaysia–India Boost Palm Oil Trade and Investment Cooperation Prime Minister Anwar Ibrahim confirmed that Malaysia will continue to be a…
Ringgit Strengthens 0.2% as Steady Investor Inflows Lift Confidence The ringgit strengthens by 0.2% against the US dollar, closing firmer in Kuala Lumpur as steady investor inflows continued into Malaysian bonds and shares. It also performed better against a wide range of major global currencies. This reflects growing confidence in local demand, stable policies and…
Digital Services and Low-Value Goods Taxes Drive Strong Revenue Growth Malaysia has collected close to RM2.1 billion from Digital Services & Low-Value Goods Trade, thus showing strong gains from taxes aimed at the fast-growing online economy. RM1.62 billion came from the Service Tax on Digital Services (STODS), while RM476 million was raised through the Low…
Malaysia Is Among the Few Markets in Asia To Improve Financial Inclusion In 2025 Malaysia has emerged as one of the few countries to record meaningful progress in financial inclusion in 2025. It was one of only two markets worldwide to post year-on-year gains across all three pillars of the Global Financial Inclusion Index: government…
Malaysia’s “Sovereign AI Cloud” Takes Centre Stage in Budget 2026 Malaysia has unveiled plans for a major new initiative, the “sovereign AI cloud”, which is central to the country’s aim of becoming an advanced AI nation by 2030. The project will be led by the Malaysian Communications and Multimedia Commission (MCMC) and is supported by…