Economic Pact Between China and Malaysia Gets Five Years Renewal Malaysia and China have decided to extend their five-year agreement to cooperate in trade and the economy. During a trip to Malaysia, Chinese Premier Li Qiang signed an economic pact to strengthen diplomatic ties between the two nations as they commemorate 50 years of diplomatic…
Cross Border SEZ Between Singapore and Malaysia Reaches Agreement The first cross-border SEZ (special economic zone) in Southeast Asia is on the brink of development, with Malaysia and Singapore anticipating a surge in new investment and a boost to economic growth. At a recent conference in Kuala Lumpur, Economy Minister Rafizi Ramli, representing Malaysia in…
Malaysia Targeting $100 Billion in Semiconductor Industry Investment Malaysia has set a target of acquiring investments worth at least $107 billion (RM 500 billion) for its semiconductor industry as part of its ongoing strategy to position itself as a leading global manufacturing hub. Malaysia’s semiconductor industry currently contributes 13% of the global testing and packaging…
Malaysia Is the Second-Largest Automobile Market in ASEAN, Surpassing Thailand Move over, Thailand. Malaysia is now the second-largest automobile market in Southeast Asia. Indonesia is still leading the way, although this new achievement marks a significant shift in the region. Malaysia’s automobile sales figures have surpassed Thailand’s for three consecutive quarters (January to March 2024).…
More Control Over Schedules With Flexible Work Arrangements For Malaysian Employees Human Resources Minister Steven Sim Chee Keong stated that Malaysian workers can apply for flexible working arrangements (aturan kerja anjal). According to him, the time, days, and location of work will be related to their employment, referring to Sections 60P and 60Q of the…
Malaysia and Uzbekistan Strengthening Bilateral Bonds Over Economic Matters As Malaysia and Uzbekistan approach their fourth decade of diplomatic relations, the two nations are committed to proclaiming their economic ties. The statement came from Malaysia’s Minister of Investment, Trade and Industry during the Uzbekistan-Malaysia Business Forum at the Silk Road Samarkand Complex, where both prime…
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