Attracting More Talent to Penang Penang hopes to be a regional economic hub for northern Malaysia, southern Thailand and northern Sumatra by 2022. The northern island state in Malaysia is hoping to attract 150,000 talents in several sectors. The focus is going to be on nurturing and attracting a larger talent pool to help Penang…
International and Local Businesses Still Committed to the Country Investments in Malaysia continue to be strong, reflecting positive investor confidence in the country’s potential and strength. Both local and international businesses continue to make Malaysia their preferred investment choice. Multinational and international corporations continue establishing vendor development programmes in Malaysia despite the Covid-19 pandemic. They…
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 winding sustained road to economic recovery. The Malaysian Institute of Economic Research (MIER) recently published the findings from its Business Conditions Survey Report. 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…
