Malaysia Shines with 92 Companies on Fortune Southeast Asia 500 List 2025: Maybank, Sime Darby, CIMB Lead the Pack Malaysia has reinforced its position as a key player in regional business with 92 companies featured in Fortune’s Southeast Asia 500 list for 2025—placing third overall behind Indonesia and Thailand. This reflects the country’s strong corporate growth, strategic role in global supply...
Maybank Partners Motac to Boost Malaysia My Second Home (MM2H) Programme Malayan Banking Bhd (Maybank) has officially partnered with the Ministry of Tourism, Arts and Culture (Motac) to serve as the exclusive banking partner for the Malaysia My Second Home (MM2H) programme. Through its wealth management arm, Maybank Premier, the bank will offer tailored financial solutions for successful MM2H applicants,...
AirAsia Wins World’s Best Low-Cost Airline for the 16th Consecutive Year At the 2025 Skytrax World Airline Awards, AirAsia once again soared above its competitors, securing the title of World’s Best Low-Cost Airline for a record-breaking 16th consecutive year. The accolade reaffirms the airline’s position as the global benchmark in affordable air travel, recognized for its unrivaled regional reach,...
Exsim Hospitality Bhd Swings to Profit in 3QFY2025 on Design & Fit-Out Growth Exsim Hospitality Bhd (KL:EXSIMHB) has returned to profitability in the third quarter ended March 31, 2025 (3QFY2025), recording a net profit of RM5.02 million, a sharp turnaround from a RM1.43 million net loss in the same quarter last year. This turnaround is mainly attributed to the group’s newly established design and...
Kuala Lumpur Named Asia’s Top City for Micro Holidays in 2025 Kuala Lumpur has emerged as Asia’s most popular city for overnight micro holidays, based on booking data from Agoda for the first five months of 2025. Malaysia’s capital beat out top regional destinations including Seoul, Taipei, and Manila, while Penang also secured a spot in the top ten, underscoring Malaysia’s growing appeal as a...
USM and UM Shine in Times Higher Education Impact Rankings 2025: Malaysia’s Global Ascent in SDG-Focused Higher Education Malaysia’s position as a regional and global leader in sustainable development has been reinforced as two of its premier institutions, Universiti Sains Malaysia (USM) and Universiti Malaya (UM), rose to global prominence in the Times Higher Education (THE) University Impact...
Residential Properties Under HDA Exempt from SST: Ministry Clarifies to Ease Developer Concerns As Malaysia gears up for the implementation of the expanded Sales and Services Tax (SST) framework on July 1, the Ministry of Housing and Local Government has issued a key clarification:Residential properties sold under the Housing Development Act (HDA) remain fully exempt from the SST, including serviced...
Haitian Group Begins Construction of RM3 Billion High-Tech Hub in Iskandar Malaysia Haitian Group, one of China’s leading industrial equipment manufacturers, officially broke ground today on Phase 1 of its regional manufacturing facilities at Eco Business Park II (EBP II), located in Iskandar Malaysia, Johor. The project marks the group's first venture in Malaysia, signalling growing confidence in Johor...
IGBC 2025: Malaysia to Host Region’s Leading Conference on Green Urban Development Malaysia is set to take center stage in sustainable city-building as it hosts the International Green Build Conference (IGBC) 2025, the country’s largest and most impactful forum on green buildings and urban sustainability. Co-organised by GreenRE and the REHDA Institute, this year’s conference will take place on 19...
HDA Residential Properties Exempted from SST: Government Eases Developer and Buyer Concerns In response to growing industry anxiety over rising construction costs, the Malaysian government has officially exempted residential properties sold under the Housing Development Act (HDA) from the revised Sales and Services Tax (SST) framework. The exemption includes serviced apartments built on commercial land,...
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