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…
Special Investor Pass Aims to Attract More Foreign Investment Into Malaysia Starting April 1, Malaysia has introduced a special investor pass. The pass makes it easier for foreign investors and expatriates to enter and stay in the country. How Does the Special Investor Pass Help? With the special investor pass, foreign investors will be…
Malaysia Ranks Second in the Adoption of QR Payments On A Global Level QR payments are on the rise, and Malaysia now has the second-highest adoption rate of QR payments in the world. China is still leading the race at the front. A Payment Method That Is Transforming Transactions It is incredible how…
Malaysia Sets Its Sights On 3,000 Smart Factories by 2030 Malaysia has set a target for itself to set up 3,000 smart factories by 2030 under the New Industrial Master Plan 2030 (NIMP 2030). It is an initiative focusing on integrating advanced technologies to enhance productivity, create high-skilled jobs, and strengthen the country’s position in…
Strong Growth for Malaysia’s Economy Since 2024 Is a Good Thing A positive end for Malaysia’s economy last year, as it ended on a high note, thanks to the manufacturing and services sectors. These sectors helped drive the trends that enabled Malaysia to reach its target. Big Targets, Big Accomplishments The manufacturing sector’s sales…
Bilateral CEPA for Trade and Investment Opens up UAE to ASEAN and Malaysia to Middle East & North African Markets Malaysia has signed a CEPA for trade and investment with the UAE. It is the country’s 17th Free Trade Agreement and the first with a Gulf Cooperation Council member state. Respective delegations for the…
JS-SEZ Cut Tax Rates to Benefit Businesses and Knowledge Workers The newly established Johor Singapore Special Economic Zones (JS-SEZ) results from Malaysia and Singapore’s collaborative efforts to attract quality investments. The JS-SEZ offers incentives such as cut tax rates for businesses and knowledge workers. As such, recently, in collaboration with Malaysia’s finance ministry, the Johor…
Singapore and Malaysia to Conclude Vast Economic Zone Agreement Malaysia and its neighbour Singapore are in talks to finalise an agreement that will create a vast economic zone linking both border regions. Though it has faced its fair share of delays since 2023, the vast economic zone is expected to create 100,000 jobs and contribute…
New Tourism Strategy Targets 35.6 Million Tourists for Malaysia by 2026 A new tourism strategy under the Visit Malaysia 2026 campaign aims to attract 35.6 million tourists to the country. To promote its diverse attractions, the campaign will use a fresh logo, mascot, theme song, and airline livery. New Goals for 2026 Revenue The…