Economy News


29 April 2019 - Amcham sees more U.S. investments
  1. More American firms in Malaysia have major project in pipeline, says Toubassy
28 April 2019 - Dr M plans one-stop-centre to cut red tape, spur FDIs
  1. More In an effort to attract more foreign direct investments, including Chinese investments, Tun Dr Mahathir Mohamad is planning to set up a one-stop-centre to cut through red tape
28 April 2019 - Belt and Road Initiative not a 'domination plan' by China, says Dr Mahathir
  1. More ​The Belt and road initiative (BRI) is not a "domination plan" by China, which has emerged as one of the world’s superpowers, to gain control of participating countries, said Tun Dr Mahathir Mohamad
27 April 2019 - Leiking: US firms set to invest RM6.6bil
  1. More ​Key projects wit­­hin the electrical and electronics sector, as well as chemical industries, are expected to form the bulk of potential investments worth RM6.6bil from the United States, said International Trade and Indus­try Minister Datuk Darell Leiking
26 April 2019 - Dr M: Malaysia can help foreign investors reduce costs
  1. More ​Prime Minister Tun Dr Mahathir Mohamad, who yesterday gave the assurance that Malaysia will continue to retain a business-friendly attitude when dealing with foreign investors, has also indicated that investors are welcomed to renegotiate their terms of contract if cost is an issue
26 April 2019 - AmCham: Transparency, openness are key qualities
  1. More The current government has set itself apart from the past administration by being more transparent and open to a collaborative working environment, says American Malaysia Chamber of Commerce (AmCham)
26 April 2019 - Deal will see more Chinese investments along ECRL route
  1. More ​Malaysia can expect more investments from China, especially in the corridors along the East Coast Rail Line (ECRL) following the agreement inked between the Malaysian Investment Development Authority (MIDA) and China Communication Construction Company Ltd (CCCC)
25 April 2019 - Malaysia’s fundamentals still attractive — World Bank
  1. More Although Malaysia’s stock market has performed relatively poorly when compared with its regional peers, World Bank lead economist for Malaysia Richard Record says the country’s economic fundamentals remain resilient, which still make Malaysia an attractive investment choice
25 April 2019 - Dr Mahathir: Malaysia will continue to be friendly to foreign investors
  1. More ​Tun Dr Mahathir Mohamad has reassured the Chinese business community here that Malaysia will continue to retain a business-friendly attitude with foreign investors
25 April 2019 - ECRL, Bandar Malaysia revival positive for growth
  1. More The World Bank Group expects the revival of the ECRL and Bandar Malaysia projects to have a positive impact on the country's economic growth in the medium term
24 April 2019 - Reversing slumping investments
  1. More ​Private investments in Malaysia have been slowing down since 2012 and the government should have a comprehensive plan to strategise a reversal of this trend
24 April 2019 - World Bank maintains Malaysia's 2019 GDP growth at 4.7%
  1. More ​In its April 2019 update, the World Bank is maintaining its forecast for Malaysia's 2019 gross domestic product (GDP) growth at 4.7%, with private consumption continuing to be the main driver of growth, albeit expanding at a more measured pace
24 April 2019 - World Bank expects positive impact from revival of ECRL, Bandar Malaysia projects
  1. More ​The World Bank Group expects the revival of the East Coast Rail Link (ECRL) and Bandar Malaysia projects to have a positive impact on the country’s economic growth in the medium term
23 April 2019 - FMM, Singapore Manufacturing Federation ink business cooperation MoU
  1. More The Federation of Malaysian Manufacturers (FMM) and Singapore Manufacturing Federation (SMF) have signed a memorandum of understanding (MoU) to renew their Business Co-operation Agreement inked on Aug 15, 1996
22 April 2019 - MITI committed to luring quality investments: Darell
  1. More ​A year has almost passed since last May’s watershed general election which saw a historic change, not only in government, but Malaysia’s entire political landscape which also steered the country’s economy in a different direction
21 April 2019 - Sabah sets sights on Jiangxi to propel industrialization
  1. More ​Sabah Chief Minister Datuk Seri Mohd Shafie Apdal has set his sights on Jiangxi Province in China to propel industrialisation in Sabah
21 April 2019 - Dr Mahathir's visit to China to focus on wooing investments in 3 sectors – Loke
  1. More ​Prime Minister Tun Dr Mahathir Mohamad’s visit to China beginning on Thursday will focus on attracting investment in three sectors, says Transport Minister Anthony Loke Siew Fook
19 April 2019 - Economy seen to recover in H2 after slow first quarter
  1. More ​The Malaysian economy will bounce back in the second half after registering what is expected to be the slowest quarterly expansion since the second quarter of 2016 during the first three months of the year
19 April 2019 - ECRL to boost China investments
  1. More Chinese envoy says Malaysia can expect higher sales of palm oil
19 April 2019 - Malaysia needs to move to productivity-driven growth, says PM
  1. More Malaysia needs to move from input-driven growth to productivity-driven growth to achieve a sustainable economic growth path, said Prime Minister Tun Dr Mahathir Mohamad
18 April 2019 - Investments from China expected to surge, says Ong
  1. More ​The investments from Chinese firms in Malaysia are expected to surge following the conclusion of East Coast Rail Link (ECRL) project
18 April 2019 - Melaka's trade surges to RM24.09 bln in 2018
  1. More ​Melaka's trade value increased RM5.83 billion to RM24.09 billion last year from RM18.26 billion in 2017
18 April 2019 - Economists see rebound in Q2, H2 this year
  1. More Performance to be underpinned bt receding trade war, higher commodity price, low inflation and strong domestic demand
17 April 2019 - IIBD set to make JB a world-class business district
  1. More ​Johor Corp’s (JCorp) Ibrahim International Business District (IIBD), which has been successfully gazetted, is set to be the impetus to propel Johor Baru into a world-class business district
17 April 2019 - Government may restructure taxation system to boost production of local goods
  1. More The government may restructure the taxation system to boost production of local goods
17 April 2019 - MIER: GDP likely to grow 4.5pc
  1. More MIER has forecast Malaysia's 2019 gross domestic product (GDP) to post moderate growth of 4.5 per cent, compared with 4.7 per cent last year
16 April 2019 - More deals from China following ECRL renegotiation — MITI
  1. More Malaysia’s trade policy adjustments and refinements are expected to result in a higher engagement with Chinese companies, particularly after the recent renegotiation on the East Coast Rail Link (ECRL) project
16 April 2019 - MIER projects all sectors of the economy to grow this year
  1. More ​The Malaysian Institute of Economic Research (MIER) has projected that all sectors contributing to Malaysia’s gross domestic product (GDP) will grow in 2019
16 April 2019 - Basic infrastructure, key to attracting foreign investors to CVIA - Perlis MB
  1. More ​Perlis needs to have ready infrastructure including improvements to its quality of water and services to attract foreign investors to the Chuping Valley Industrial Development Area (CVIA), Menteri Besar Datuk Seri Azlan Man told the State Assembly
15 April 2019 - Growth expected to pick up in H2
  1. More Higher oil price, China stimulus measures brighten outlook, Bloomberg survey shows
13 April 2019 - Government committed to polices driving digital economy, industries - Guan Eng
  1. More ​The government is committed to introducing enabling policies as the new driver of development that will put Malaysia as an attractive prospect for high-technology, high-value-added digital economy and industries in the region, says Finance Minister Lim Guan Eng
12 April 2019 - Malaysia to leverage on improving trend of private investments: MIDA
  1. More ​Malaysia is set to leverage on the improving trend of private investments, bolstered by positive sentiments arising from the government’s supportive policies and clear economic direction, according to the Malaysian Investment Development Authority (MIDA)
10 April 2019 - Malaysia expected to meet 4.9% GDP growth
  1. More The government is also targeting to raise SMEs’ contribution to total exports to 23% by 2020 from 18% in 2017.
09 April 2019 - Miti: US trade mission can generate RM6.6b investments
  1. More ​The trade and investment mission to the United States led by International Trade and Industry Minister Datuk Darell Leiking (pic), is expected to generate potential investments worth RM6.6bil
07 April 2019 - Perak working harad to attract investors
  1. More Perak will see its investments soar this year thanks to renewed confidence among investors as it undergoes expansion in its rubber manufacturing and automotive industries, as well as the launch of large scale infrastructure projects
05 April 2019 - Penang eyes RM5b in FDI this year
  1. More Bulk of investments to continue to come from E&E sector, says CM
05 April 2019 - China firms interested in Penang
  1. More ​Total investment in the state is expected to improve this year in light of the United States-China trade war
03 April 2019 - Malaysia mulls integrating halal industry, Islamic trade finance
  1. More ​The halal industry and Islamic or shariah trade finance need to be integrated in order to increase the Islamic global trade activity
03 April 2019 - Malaysia's new strategies to retain halal market leadership
  1. More There is no room for complacency even as Malaysia maintains its leadership position in the world halal market
29 March 2019 - Economy to stay resilient, says experts
  1. More Research houses forecast GDP to grow between 4.5pc and 4.9pc
28 March 2019 - 4.3 to 4.8pc GDP growth this year
  1. More It will be supported by recovery from commodity disruptions in 2018, says BNM governor
25 March 2019 - New regulation to be a boon for Labuan's economy
  1. More ​Labuan Business Activity Tax (Requirements for Labuan Business Activity) Regulations 2018, which requires a Labuan entity to have adequate full-time employees on the island as well as adequate amount of operating expenditure, will be a boon for the Labuan economy
25 March 2019 - Malaysia to improve ties with Russia — Mohamed Azmin
  1. More ​The Joint Malaysia-Russia Commission for Economic, Scientific, Technical and Cultural Cooperation (ESTC) will be re-activated to foster ties between the two countries
23 March 2019 - A Japanese golden rule to succeed
  1. More Mastering the 'genba-ghubi' is key to becoming a high tech nation, says Hitachi Asia managing director Chew Huat Seng
20 March 2019 - Selangor records highest direct investment of RM18.95b in 2018
  1. More ​Selangor recorded its highest ever direct investment in 2018 at RM18.95 billion, a 238% surge from RM5.59 billion in the preceding year, contributed by higher foreign direct investment (FDI) and domestic direct investment (DDI)
20 March 2019 - Government finalising tax reforms
  1. More The government's tax reform committee is finalising a proposal to enhance tax revenue, said Prime Minister Tun Dr Mahathir Mohamad
20 March 2019 - 7 projects worth over RM3 billion for Kedah
  1. More The federal government announced seven mega projects costing more than RM3 billion for Kedah
19 March 2019 - InvestKl wooed 12 MNCs with RM2.3b approved investments
  1. More InvestKL attracted 12 multinational corporations (MNCs) with approved investments of RM2.3 billion last year
19 March 2019 - Malaysia committed to friendly economics ties
  1. More ​Malaysia is committed to friendly economic ties with all its partners especially those with whom the country has the strongest and closest links, says the Prime Minister Tun Dr Mahathir Mohamad
18 March 2019 - IRDA eyes RM300bil total investment by third quarter of 2019
  1. More ​Iskandar Regional Development Authority (Irda) is confident of reaching the RM300bil mark for its total cumulative committed investment in the third-quarter of 2019
18 March 2019 - ECER on track to sustain equitable, inclusive growth
  1. More ​The government, through the East Coast Economic Region Development Council (ECERDC), has reaffirmed its commitment to the various projects and programmes in the East Coast Economic Region (ECER) to sustain socio-economic growth and uplift the wellbeing of the people in the region
16 March 2019 - Guan Eng hails 2018’s FDI jump, stronger January factory output as encouraging signs of growth
  1. More The 48% jump to RM80.5 billion in approved foreign direct investments (FDI) recorded last year shows that Malaysia is enjoying encouraging economic growth, said the Ministry of Finance
16 March 2019 - Malaysia eyes high-tech foreign direct investments
  1. More Country makes progress in attracting capital intensive projects
16 March 2019 - Guan Eng: Malaysia approved FDIs worth RM80.5b in 2018
  1. More ​Malaysia is enjoying encouraging economic growth, with RM80.5 billion in foreign direct investments (FDIs) being approved across all sectors in 2018, a jump of 48 per cent from a year earlier
15 March 2019 - Malaysia FDI at record high
  1. More But domestic direct investment falls for 4th year
15 March 2019 - RM201.17b investments approved in 2018
  1. More Services sector contributes the bulk with RM103.4b
14 March 2019 - President Moon's visit enhances bilateral trade — Darell
  1. More The three-day state visit to Malaysia by South Korean President Moon Jae-in is seen as bringing a positive impact besides opening a new chapter in bilateral trade ties between Kuala Lumpur and Seoul
12 March 2019 - MIDA eyes more investments in advanced tech from South Korea
  1. More The Malaysian Investment Development Authority (MIDA) is hoping to attract more investments from South Korea, especially in the advanced technology industry
12 March 2019 - IMF: Growth remains resilient
  1. More Domestic demand expected to remain main driver
11 March 2019 - CPTPP ratification must take into account foreign investors’ view of Malaysia: Miti
  1. More Malaysia’s decision on whether or not to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) must take into account how foreign investors will view the country’s position within Asean, says the Ministry of International Trade and Industry
08 March 2019 - Moon keen to expand economic and trade ties with Malaysia
  1. More ​President Moon Jae-in (pic) will “mean business” when he flies in on a groundbreaking visit here next week
08 March 2019 - Malaysia committed to being part of China’s Belt and Road initiative, says deputy minister
  1. More ​Malaysia continues to welcome the Belt and Road Initiative (BRI) and investments from China, says Deputy International Trade and Industry Minister Ong Kian Ming
08 March 2019 - Another quantum leap for look east policy
  1. More The state visit by South Korean President Moon is expected to enhance bilateral ties
07 March 2019 - Miti hopeful foreign investors have continued confidence in Malaysian economy
  1. More ​The Ministry of International Trade and Industry (Miti) hopes foreign investors will continue to have confidence in Malaysia’s economy
05 March 2019 - Trade surplus widen to RM11.5b
  1. More Country's exports grew 3.1pc to RM85.41b while imports appreciated by 1pc to RM73.89b in January
04 March 2019 - Malaysia exports grow 3.1% y-o-y to RM85.4b in January
  1. More ​Malaysia's exports increased 3.1% year-on-year (y-o-y) to RM85.4 billion in January 2019, mainly contributed by expansion in exports of electrical and electronic (E&E) products
04 March 2019 - Boosting Malaysia-France ties
  1. More Paris recently published new statistics for France-Malaysia bilateral trade which showed a remarkable increase of 11.4 percent for Malaysian exports to France last year, reaching more than RM11 billion
02 March 2019 - 'Sustainable, equitable growth'
  1. More PM's economic adviser reveals that country will focus on sectors such as tourism, electrical and electronic and aerospace, says JP Morgan
02 March 2019 - 24,000 jobs created in Q4 last year
  1. More The private sector created 24,000 jobs in the fourth quarter of last year compared with 30,000 in the previous year's corresponding period
25 February 2019 - Heart of Selangor's golden triangle
  1. More I- Berhad's i-City project in Shah Alam has opened up new business opportunities, attracted investments into state
25 February 2019 - Private Sector Urged to Reciprocate Government’s Support — PM
  1. More ​Tun Dr Mahathir Mohamad has urged the private sector to reciprocate the government’s support in spurring their growth by contributing to the country’s economic development, and not merely operating for profit
24 February 2019 - Guan Eng: Malaysia's GDP to expand 4.9 percent this year, no risk of deflation
  1. More Malaysia's economy is going strong and the gross domestic product (GDP) is expected to expand a further 4.9 per cent in 2019, albeit, a decline in inflationary pressure
23 February 2019 - Iskandar Malaysia set to include parts of Kota Tinggi, Kluang, Pontian
  1. More The Iskandar Malaysia region will be extended to include parts of Kota Tinggi, Kluang and Pontian for land developement and modern agriculture
22 February 2019 - Selangor to focus on five core clusters and quality investments
  1. More ​The Selangor State government will focus on five core clusters which have the highest potential in driving economic growth, in addition to quality investments with added-value for the people and the State
15 February 2019 - Growth beats expectations
  1. More Expansion driven by resilient private sector activities and higher exports, says Bank Negara
15 February 2019 - Expert: More investments to flow in from Saudi Arabia following crown prince’s visit
  1. More ​Discussions on refineries and petrochemical related investments in Malaysia is likely to dominate discussions during Saudi Arabia Crown Prince Mohammed bin Salman’s maiden visit to Malaysia beginning Sunday
14 February 2019 - Ministry confident of 4.8-4.9pc growth for 2018
  1. More Manufacturing will continue to drive country's exports and economy, says deputy minister
14 February 2019 - BNM: Malaysian economy expected to see positive growth in 2019
  1. More ​The Malaysian economy is expected to see a positive growth moving into 2019, after registering gross domestic product (GDP) growth of 4.7% in both the fourth quarter of 2018 (4Q18) and full year of 2018
14 February 2019 - New Japanese investments coming in, re-investments to be stepped up — Darell
  1. More ​New investments from Japan are expected to flow into the country while Japanese investors already in Malaysia will reinvest in their existing operations, which was strong evidence that investors had utmost confidence in the new government
14 February 2019 - India to remain an important FDI source for Malaysia — MIDA
  1. More ​India continues to be one of Malaysia’s important source of foreign direct investment, particularly in the manufacturing sector, and is expected to remain among the top 20 investors in the country
14 February 2019 - FDI records larger net inflow of 12.9 bln in 4Q18
  1. More ​Malaysia’s foreign direct investment (FDI) improved in the fourth quarter (Q4) of 2018, registering a larger net inflow of RM12.9 billion from RM4.3 billion in the third quarter (3Q) of 2018
13 February 2019 - Best time to invest here
  1. More Tun Razak Exchange project's current progress due to government reforms, says Lim
13 February 2019 - Higher GDP growth seen in Q4
  1. More Survey forecasts expansion of 4.5% in last quarter of 2018
13 February 2019 - Malaysia can post 4.8-4.9% GDP growth for 2018: Ong Kian Ming
  1. More ​Malaysia is capable of achieving gross domestic product (GDP) growth of between 4.8% and 4.9% in 2018 on the back of stronger economic figures recently, says Deputy Minister of International Trade and Industry Dr Ong Kian Ming
13 February 2019 - EAC will allow MITI to contribute views on economic policies
  1. More ​The establishment of the Economic Action Council (EAC) will allow the Ministry of International Trade and Industry (MITI) to contribute views on the country's economic policies, says Deputy Minister Dr Ong Kian Ming
11 February 2019 - Sabah companies urged to invest in state’s development
  1. More ​More than 20 Bursa Malaysia-listed companies in Sabah will be called to discuss about investing in the state’s development, said Sabah Chief Minister Datuk Seri Mohd Shafie Apdal
11 February 2019 - Japanese investors want to return to Malaysia: Lim
  1. More ​Japanese investors are now confident of returning to invest in Malaysia amid the country’s strengthening economy, said Finance Minister Lim Guan Eng
08 February 2019 - International investors confident in Malaysia’s economic potential — Guan Eng
  1. More ​International investors are confident in Malaysia’s economic potential, as well as the government’s ability to drive the nation’s economy forward, Finance Minister Lim Guan Eng said
08 February 2019 - Step up efforts to attract more investors to Johor, says Muhyiddin
  1. More ​Efforts to attract more investors from within and outside the country to Johor need to be stepped up to boost the State’s economic and industrial development and for the people to derive benefits from it, said Home Minister Tan Sri Muhyiddin Yassin
06 February 2019 - Industrial sector still the bright spot this year
  1. More ​While the overall lacklustre performance of the property market last year is expected to persist, the industrial sector is likely to remain a bright spot, according to CBRE | WTW’s Real Estate Market Outlook 2019 for Malaysia. The report was released in Kuala Lumpur on Jan 16
06 February 2019 - 2019 will be the beginning of nation's economic development, says Guan Eng
  1. More Finance Minister Lim Guan Eng is confident 2019 will see the beginning of economic development for Malaysia, given the country’s fiscal position which has begun to consolidate and the impressive increase in foreign direct investments (FDIs) into the country since 2018
04 February 2019 - Malaysia set to buck global FDI trend
  1. More Economists bullish on country’s foreign direct investment inflows this year
04 February 2019 - CM: Sarawak’s political stability attracts investors
  1. More ​Investors, notably from China and South Korea, continue to support Sarawak's industrialisation programme because the state is politically stable, says Chief Minister Datuk Patinggi Abang Johari Tun Openg
31 January 2019 - Miti sees exports breaching RM1 trillion
  1. More Following a stronger-than-expected exports performance in 2018, the International Trade and Industry Ministry (Miti) expects Malaysia’s exports value in 2019 to breach the RM1 trillion-mark for the first time
30 January 2019 - MIER expects business conditions to improve in Q1
  1. More ​The Malaysian Institute of Economic Research (MIER) says business conditions are likely to improve slightly in the first quarter of this year
30 January 2019 - Buy local campaign helps local firms expand their markets: Lim
  1. More ​The 'Buy Malaysian Products' campaign is a platform for local manufacturers and service providers to get access to hypermarkets, shopping malls and trade fairs in order to broaden their markets nationwide, says Finance Minister Lim Guan Eng
30 January 2019 - Biotechnology is key driver for Cuba-Malaysia ties — Ambassador
  1. More ​Cooperation in the field of biotechnology will enhance Cuba-Malaysia bilateral ties, says the Caribbean country’s ambassador to Malaysia, Ibete Fernandez Hernandez
29 January 2019 - Leiking expects higher FDI inflow
  1. More Country should look at agriculture industry too
29 January 2019 - Growing Asean-China trade, opportunities for exporters
  1. More ​The growing Asean-China trade is providing Malaysian exporters with more opportunities to tap the business potential offered by the world’s second largest economy
29 January 2019 - 'Opportunities aplenty for exporters'
  1. More CABA says efforts to promote China-Asean trade have been recognised


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Last Updated : Friday 24th May 2019