Economy News


09 October 2018 - MITI hopes Asean FTA to reach substantial agreement by year-end, says Leiking
  1. More ​International Trade and Industry Minister Datuk Darell Leiking hopes that the Asean member countries can reach a free trade deal by the end of this year
09 October 2018 - PM: Malaysia will be 'very friendly' towards private sector
  1. More ​Malaysia will be "very friendly" towards the private sector be it foreign or local investors, Prime Minister Tun Dr Mahathir Mohamad said in his closing address at the Khazanah Megatrends Forum 2018 here today
09 October 2018 - 'Private sector to drive growth'
  1. More Malaysian needs to pursue economic diversification, says Lim
09 October 2018 - Johor hopes to attract more investments next year
  1. More The Johor state government expects to attract more investors to the state next year, with investments worth more than RM5 billion
08 October 2018 - Good taxes can spur Malaysia's economic growth — Stiglitz
  1. More There are many kinds of good taxes that could be introduced to stimulate Malaysia’s economy in order to create a fair society as it strives to tide over its RM1 trillion debt, said Nobel prize-winning economist Joseph Stiglitz
06 October 2018 - CPTPP can boost Malaysia's export, says envoy
  1. More The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could potentially enhance Malaysia's exports, said Canadian High Commissioner to Malaysia, Julia Bentley
05 October 2018 - Government to offer financial aid for SMEs in Budget 2019
  1. More The Government will include financial assistance for small and medium enterprises (SME) in the upcoming Budget 2019, according to Deputy Minister of International Trade and Industry, Ong Kian Ming
05 October 2018 - Kazakhstan Keen to Attract Investments, Technology from Malaysian Companies
  1. More Kazakhstan, which projects itself as Central Asia’s gateway between Europe and Asia, is keen to attract investments and technology from Malaysian companies in areas where the latter has been successful
05 October 2018 - World Bank revises downward Malaysia GDP
  1. More Economic growth seen at 4.9% from 5.4%
04 October 2018 - World Bank: Malaysia GDP to grow 4.7% in 2019, 4.6% in 2020
  1. More ​Malaysia is expected to buck the trend while countries in the region continue to see resilient growth, according to the World Bank
03 October 2018 - 'Investments welcomed, but not mass migration'
  1. More Malaysia welcomes investments, but it cannot have foreigners settling in the country "by the millions", Prime Minister Tun Dr Mahathir Mohamad said
03 October 2018 - Dr M: We can become 'Asian Tiger' again
  1. More He says UK, US investors pleased with explanation on country's situation and its policies
03 October 2018 - Enhanced technology, skilled workforce among factors needed for Malaysia to become Asian Tiger
  1. More ​Enhanced technology, a strong workforce and critical technical skills are among the factors needed for Malaysia to roar once again as one of the “Asian Tigers”, trailing the path of the awakened “Sleeping Dragon”
02 October 2018 - Investment sentiment to pick up — S&P
  1. More ​Investment sentiment in Malaysia is likely to pick up again after a period of slowdown, which saw investors taking a “wait-and-see” attitude after the 14th general election (GE14), said Standard & Poor’s (S&P) Global Ratings
02 October 2018 - Perak attracts almost RM2 bil worth of investments
  1. More Perak Investment Management Centre (InvestPerak), an agency under the Perak state government, and Gas Malaysia Bhd will help to implement various investment projects worth RM1.9 billion next year following the signing of cooperation agreements with several local companies
02 October 2018 - Efforts to place country back on right footing becomes pull factor to investors
  1. More The Pakatan Harapan-led government’s effort to mend the damages done under the previous administration and to place the Malaysian economy back on its right footing has become a pull factor for foreign investment, says Prime Minister Tun Dr Mahathir Mohamad
26 September 2018 - Malaysia to prevent product dumping from trade wars
  1. More Malaysia will take cautious steps to prevent product dumping in the local market created by the diversion from the trade wars, International Trade and Industry Minister Darell Leiking said
25 September 2018 - Darell Leiking: Malaysia welcomes trade diversion due to China-US trade war
  1. More ​International Trade and Industry Minister Darell Leiking said today Malaysia welcomes trade diversions due to the China-US trade war. Leiking said Malaysia can facilitate these trade diversions and leapfrog them to other countries in the Association of Southeast Asian Nations (Asean) region
24 September 2018 - Working together to bring in more investment
  1. More ​The Sabah Economic Development and Investment Authority (Sedia) is ready to collaborate with agencies under the International Trade and Industry Ministry (MITI) to transform Sabah into a regional economic powerhouse
24 September 2018 - To maintain trade surplus despite trade war
  1. More Exports expected to grow around 7% in 2018 and 5% in 2019
24 September 2018 - The State of the Nation: Considerations in reforming Malaysia’s tax system
  1. More Finance Minister Lim Guan Eng announced the appointment of Tan Sri Hasmah Abdullah as chair of the newly established Tax Reform Committee. This followed his announcement weeks earlier of the setting up of the committee, along with a public finance committee, tasked with helping to reduce the country’s fiscal deficit, among others
24 September 2018 - ECRL contractor seeking investment opportunities in Malaysia
  1. More China Communications Construction Company (CCCC) is transforming from an engineering, procurement, construction and commissioning (EPCC) contractor to an investor, developer and operation service provider, says its vice-president Sun Ziyu
23 September 2018 - 'Trade expected to exceed last year's record of RM1.8 trillion'
  1. More The International Trade and Industry Ministry is confident that Malaysia's total trade for this year will surpass last year's stellar performance of RM1.77 trillion
20 September 2018 - GDP growth seen healthy this year
  1. More But Moody’s warns of slower expansion in 2019
18 September 2018 - Eight factors boost economy
  1. More Guan Eng: Bursa Malaysia one of the best performers in Asia Pac
18 September 2018 - Lim: Economy strong, resilient
  1. More 'With good governance and fiscal responsibility, the only way to go is up'
17 September 2018 - 'Trade spat can benefit Asean firms'
  1. More Local firms that have ties with China can benefit from sharing of technology, product and financing capabilities
17 September 2018 - Foreign investors still view Malaysia as a lucrative market
  1. More Country’s stable political landscape and steady energy prices lauded
14 September 2018 - Asean economies set to outperform
  1. More 8 countries have average annual per capita GDP growth of 3.5pc over 50 years or 5pc over 20 years
12 September 2018 - Selangor seeks hi-tech investments
  1. More State govt wants meaningful technology transfer, says Teng
11 September 2018 - Industries breathe sigh of relief
  1. More Most sectors see minor impact from new minimum wage on earnings
11 September 2018 - Two Chinese investors keen to set-up operations in Malaysia-China Kuantan Industrial Park
  1. More Chinese investors’ interest towards Malaysia continues to grow with two companies showing keenness to set up operations worth billions of ringgit in the Malaysia-China Kuantan Industrial Park (MCKIP)
10 September 2018 - Singapore, Sabah to further strengthen economic ties
  1. More ​Singapore says it wants to continue to strengthen economic, trade and investment ties with Sabah especially in tourism, technical and vocational education as well as property development
10 September 2018 - Asean urged to join hands to cushion fallout from trade war
  1. More ​Asean has been urged to find ways for its member states to join hands together to cushion any possible fallout from the trade war between the United States and China
08 September 2018 - Use Malaysia as gateway into Asean, minister tells China investors
  1. More Malaysia invites investments from China that can add value to the economy and exports into Asean’s market that has over 600 million population
08 September 2018 - Darell aims to woo Thai investors
  1. More The International Trade and Industry Ministry is engaging with prominent Thai business figures in a bid to get them to invest in Malaysia
07 September 2018 - 'Malaysia welcomes quality, hi-tech investments from China'
  1. More Malaysia welcomes investments from China that can add value to the economy
07 September 2018 - Venezuela seeks opportunities with new Malaysian government - Foreign vice-minister
  1. More Venezuela seeks opportunities to expand ties with the new Malaysian government and hopes to see cooperation in energy and the oil and gas (O&G) sectors in the near future
07 September 2018 - Malaysia, Uzbekistan set for good bilateral cooperation
  1. More With both Malaysia and Uzbekistan’s new political eras in full gear, their existing bilateral relations can be further elevated with expansion in economy, trade and investment, fuelled by the presence of Petroliam Nasional Berhad (Petronas) in the oil and gas (O&G) sectors
06 September 2018 - Malaysia records higher trade surplus in July
  1. More The country posted 1.7% year-on-year growth of RM8.3bil
06 September 2018 - Asean should join hands to take advantage of US-China trade war — MITI
  1. More Deputy International Trade and Industry Minister Dr Ong Kian Ming today called for greater cooperation between Asean countries to take advantage of the trade diversion into this region as a result of the escalating trade tensions between the US and China
06 September 2018 - Policies to boost competitiveness to be unveiled next month
  1. More Malaysia will unveiled as early as next month policies to boost its competitiveness as it strives to become a developed nation by 2024
05 September 2018 - More foreign investors turning to Malaysia due to trade war
  1. More The on-going US-China trade war has spurred increasing interest among foreign investors to move their regional operations to Malaysia, said an International Trade and Industry Ministry (MITI) official
05 September 2018 - 'Malaysia can weather impact'
  1. More StanChart expects boost to economy from stream of new investment
05 September 2018 - Chinese companies express interest to relocate to Malaysia
  1. More Companies from China have expressed interest in relocating to Malaysia following the continuous trade tensions between the country and the United States
04 September 2018 - Malaysia banks on pragmatic foreign policy to attract investments — Deputy Foreign Affairs Minister
  1. More Malaysia will continue to promote a forward-looking and pragmatic foreign policy that facilitates trade and attracts foreign investment under the leadership of Prime Minister Tun Dr Mahathir Mohamad
03 September 2018 - Leiking: Foreign investors eye Borneo
  1. More Several countries have expressed interest in investing in Malaysia, particularly in Borneo, said International Trade and Industry Minister Darell Leiking
30 August 2018 - US-China trade war may benefit Malaysia
  1. More The United States- China trade war have a positive impact on Malaysia, said Deputy International Trade and Industry Minister Dr Ong Kian Ming
30 August 2018 - Leiking: Malaysia-Singapore economic ties good
  1. More International Trade and Industry Minister Darell Leiking has described the economi relations between Malaysia and Singapore "good"
29 August 2018 - Tourist spend trend
  1. More
29 August 2018 - Business ecosystem seen improving
  1. More However, US-China trade war may adversely impact local and regional companies
28 August 2018 - Trade with GCC nations grows 1pc
  1. More Malaysia the ideal partner as Mideast countries embark on transformation programmes, says minister
25 August 2018 - Sabah out to woo investors from China, says Leiking
  1. More Aggressive efforts are being made to lure foreign investors to Malaysia, especially Sabah and Sarawak, in a bid to boost the country’s economy, says International Trade and Industry Minister Darell Leiking
24 August 2018 - Sabah can expect huge foreign investment — Leiking
  1. More Sabah can expect a huge foreign investment soon in the chemical industry with the potential to provide about 700 jobs, said International Trade and Industry Minister Darell Leiking
21 August 2018 - More Singapore firms seen investing in Malaysia in next 2 years
  1. More Malaysia is expected to be among the top destinations for an anticipated increase in investments by Singapore-based companies into Asean countries over the next two years
21 August 2018 - MITI: Malaysia's 2Q labour productivity up 3.7%
  1. More Malaysia's labour productivity, as measured by output per hour worked by all persons — including employees, proprietors, and unpaid family workers — grew 3.7% in the second quarter of 2018 (2Q2018), as a result of a 4.5% growth in economic output and a 0.7% rise in total hours worked
21 August 2018 - 'Malaysia favoured destination of Singapore based companies'
  1. More Malaysia is a key investment destination for international companies based in Singapore
20 August 2018 - 'Malaysia to continue benefiting from improving private investments'
  1. More Malaysia will continue to leverage the improving private investments trend, backed by the positive sentiment and the new government's clear direction of the economy and supportive policies
20 August 2018 - PM: Emulate China, become producers
  1. More 'Malaysians want to use quality goods, but not learn how to make them'
17 August 2018 - Lower expectation on 2018 GDP at 5%, says BNM
  1. More Malaysia's economy is expected to grow at 5% in 2018, slightly lower from the earlier projection of between 5.5% and 6%, taking cues from the US's trade war with China, according to Bank Negara Malaysia (BNM)
15 August 2018 - M&A trends in technology, media and telecommunications
  1. More
15 August 2018 - Fitch: Malaysia's IDR at 'A-' on solid growth
  1. More Fitch Ratings has affirmed Malaysia's long term foreign currency issuer default rating (IDR) at "A-" with a "stable" outlook, supported by solid economic growth and a net external creditor position built up from a record of current account surpluses
15 August 2018 - China-U.S. trade spat may affect GDP growth
  1. More Economist sees possible 1.3pc downside if tariff war escalates and shakes financial market sentiment
14 August 2018 - Foreign investors remain positive on Johor
  1. More ​Interest among foreign investors in Johor remains strong despite the change in administration with Pakatan Harapan taking over the state from Barisan Nasional
14 August 2018 - Exim Bank to be under one roof, says Darell
  1. More Export-Import Bank of Malaysia Bhd (Exim Bank) will soon be placed under the International Trade and Industry Ministry along with SME Bank Malaysia
14 August 2018 - JSIC delegates heading abroad on missions to woo investors to Johor
  1. More The Johor government, through the Johor State Investment Centre (JSIC), will embark on several missions abroad this year to attract investors to the state
13 August 2018 - Sarawak corridor attracts RM79.3bil in investments
  1. More Ten projects are already in operation
13 August 2018 - Australia trade, investments in Malaysia seen higher than A$30b in 2018 under PH govt, says envoy
  1. More ​Australia expects the bilateral trade and investments in Malaysia, which currently stands at around A$30 billion, to further increase as the country continues to be an attractive investment destination, particularly under the new reformist Pakatan Harapan government and the advice provided by the Council of Eminent Persons (CEP)
13 August 2018 - Economist bullish on Q2 growth
  1. More MIDF and AmBank expect 5.8pc and 5.7pc expansion, respectively
09 August 2018 - Malaysia is expected to reverse FDI fall in 2019 — ADB
  1. More Malaysia is expected to stem the decline in foreign direct investment (FDI) next year despite a projected moderated economic growth and other external risks, the Asian Development Bank (ADB) said
09 August 2018 - Malaysia to have short term advantage in US-China trade war
  1. More Malaysia will have a short term advantage in the trade war between the United States and China
09 August 2018 - Malaysia seeking to enhance digital trade ties
  1. More Malaysia is enhancing trade with Asean countries amid the United States-China trade war, given the region's market potential of 642 million people
08 August 2018 - Outlook on FDI in Malaysia is positive, says Asian Development Bank
  1. More Foreign direct investments (FDI) into Malaysia are expected to increase over the next year despite a projected moderated economic growth and other external risks, said the Asian Development Bank (ADB)
07 August 2018 - Sarawak plans digital economy boost
  1. More ​Sarawak is planning to boost its digital economy with a targeted 17.4% contribution to the state’s gross domestic product (GDP) by 2025
06 August 2018 - GE: Investment hinges on government policy
  1. More General Electric Co (GE) is awaiting for more clarity on country's energy sector before proceeding with further investments here
01 August 2018 - Malaysia manufacturing showed broad stabilisation during July
  1. More Malaysian manufacturing conditions showed broad stabilisation during July, primarily driven by output rising for the first time in five months
01 August 2018 - Foreign Direct Investment in Malaysia
  1. More
31 July 2018 - Economy expected to accelerate in quarter two
  1. More AmBank says full year economic growth can be sustained at 5.5%
30 July 2018 - Georgia keen to establish FTA with Malaysia
  1. More Country pushing for investments in areas such as tourism and manufacturing
27 July 2018 - Selangor maintains position as top GDP contributor in 2017
  1. More Selangor maintained its position as the country’s top contributing state in 2017, making up 23% of gross domestic product (GDP), said Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail at the launch of two inaugural publications by the Department of Statistics Malaysia (DoSM), namely the State Socio-Economic Report and My Local Statistics (MyLocal Stats) 2017
26 July 2018 - Malaysia says 2018 labour productivity growth at 3%-4%
  1. More International Trade and Industry Minister Darell Leiking said Malaysia's labour productivity is anticipated to expand between 3% and 4% in 2018 from a year earlier, on enhanced collaboration, cooperation and communication between the private and public sectors
26 July 2018 - Malaysia's GDP value at RM1.353 tril in 2017
  1. More Malaysia’s economy augmented further in 2017 with the Gross Domestic Product (GDP) value at current prices reaching RM1.353 trillion, up 9.9 per cent from the RM1.231 trillion registered in 2016
25 July 2018 - Malaysia becoming a hub for SRI, says RAM
  1. More Malaysia is turning into a sustainable and responsible investment (SRI) hub, supported by its prominent global presence in Islamic finance, said RAM Ratings
25 July 2018 - Net direct investment abroad slips to RM24.9b
  1. More Asia remains top DIA destination with RM13.7b, says Statistics Department
24 July 2018 - 'Investors still interested in Malaysia Vision Valley'
  1. More Malaysia Vision Valley (MVV) remains attractive despite uncertainty over Kuala Lumpur-Singapore high speed rail (HSR) project
24 July 2018 - Ministry to strengthen contribution of SMEs to GDP
  1. More The Entrepreneur Development Ministry aims to strengthen the economic contribution of small and medium enterprises (SMEs), which currently stood at 36% of the country's Gross Domestic Product and fine-tuning the existing blueprint for the SME community
21 July 2018 - Guan Eng sees 5pc growth in 2018
  1. More US-China trade war to have knock-on effect on export-reliant Malaysia but also provide opportunities, says minister
20 July 2018 - ADB retains Malaysia growth outlook for this year and 2019
  1. More The Asian Development Bank (ADB) is maintaining its economic growth rate target for Malaysia at 5.3% for 2018 and at 5% for 2019
20 July 2018 - IRDA attracts RM10.9b investments in first 6 months
  1. More The Iskandar Regional Development Authority (IRDA) attracted cumulative investments of RM10.9b billion in the first six months of the year
19 July 2018 - Asian Development Bank keeps Malaysia GDP outlook at 5.3% for 2018, 5% for 2019
  1. More The Asian Development Bank (ADB) 2018 Outlook Supplement (ADO) has maintained the bank's economic growth forecast for Malaysia at 5.3% for 2018 and 5% for 2019
18 July 2018 - Malaysia - Singapore GDP gap narrows
  1. More Difference set to shrink around US$2b next year if economy expands 5.5pc this year, say experts
16 July 2018 - EU-Malaysia chamber hopes for revival of EU-Malaysia free trade deal
  1. More The EU-Malaysia Chamber of Commerce and Industry (EUMCCI) is hopeful that the new Pakatan Harapan government will resume talks on the EU-Malaysia free trade agreement (FTA), which has taken a back seat for several years amid developments over the larger Trans-Pacific Partnership (TPP) Agreement in recent years
16 July 2018 - Foreign investment interest intact
  1. More Foreign investment interest in Malaysia remains intact based on the data by the Malaysian Investment Development Authority (MIDA), said Deputy International Trade and Industry Minister Dr Ong Kian Ming
14 July 2018 - Foreign investor interest in Malaysia remains intact - Ong
  1. More Foreign investor interest in Malaysia remains intact based on the backlog of investments processed by the Malaysian Industrial Development Authority's (MIDA) National Committee on Investment, said Deputy International Trade and Industry Minister Dr Ong Kian Ming
12 July 2018 - Zeti sees Asian economies showing resilience
  1. More Asian countries are poised to demonstrate their resilience in the wake of the trade war between the United States and China
11 July 2018 - Strong Malaysia-China ties 'will persist'
  1. More Malaysia will continue to have good relations with China as both countries have the potential to collaborate in various sectors that will mutually benefit each other
10 July 2018 - Malaysia still attractive to foreign investors, says Lee
  1. More Malaysia is still an attractive destination for foreign investors due to the low cost of real estate and labour as well as its talent diversity
10 July 2018 - Business confidence at 3-year high
  1. More Optimism index for Q3 this year jumps significantly to 13.17 percentage points from same period last year
09 July 2018 - Malaysia remains an attractive FDI destination
  1. More Malaysia, under the new government led by Pakatan Harapan, shall continue to draw an inflow of foreign direct investment (FDI), said Country Heights Holdings Bhd (CHHB) founder and chairman, Tan Sri Lee Kim Yew
07 July 2018 - Penang Recorded RM1.02b Investments In Q1 Of 2018, Says Chief Minister
  1. More Penang has recorded total investments of RM1.02 billion in the first quarter (Q1) of this year, comprising foreign direct investments (FDI) of RM580 million and domestic investments of RM438 million


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Last Updated : Monday 15th October 2018