News

Malaysia needs to move upstream both vertically and horizontally to enhance its global share of semiconductor exports and market presence, according to a policy paper by the Institute of Strategic & International Studies (ISIS) Malaysia. This approach involves advancing assembly, testing, and packaging capabilities and moving towards integrated circuit (IC) design and wafer fabrication. Vertical...

Fan Bingbing, the renowned Chinese actress, has been appointed as the Melaka Friendship Tourism Ambassador 2024. Describing the role as both a heavy responsibility and a stroke of luck, Fan is set to promote Visit Melaka Year 2024 (TMM2024). This appointment aims to rejuvenate tourism in Melaka, emphasizing its unique appeal and deep historical ties with China. A Unique Tourist Destination Fan Bingbing...

Malaysia's competitiveness has been on a downward trend for years, a phenomenon that cannot be attributed solely to short-term factors such as recent economic performance, US interest rates, or geopolitics. Prominent economist Prof Tan Sri Noor Azlan Ghazali emphasizes that the decline in Malaysia's competitiveness ranking is the result of the entire country's lack of full commitment to enacting necessary...

Kuala Lumpur, Malaysia’s vibrant capital, has firmly established itself as a burgeoning hub for startups. From July 1, 2021, to December 31, 2023, the city's startup ecosystem has generated over RM220 billion (US$47 billion) in ecosystem value, according to Cradle Fund Sdn Bhd (Cradle). This remarkable achievement underscores Kuala Lumpur's rapid growth and substantial economic impact, as highlighted in...

The Penang state government has finalized the alignment for the Mutiara Line Light Rail Transit (LRT) project proposed by Mass Rapid Transit Corp Sdn Bhd (MRT Corp). This decision marks a significant step forward in enhancing Penang's public transportation infrastructure. Alignment Selection Penang Chief Minister Chow Kon Yeow announced that the state has agreed to the alignment proposed by MRT Corp,...

In a groundbreaking achievement, Asia Pacific University of Technology and Innovation (APU) has made history as the first and only Malaysian university to receive accreditation from the Quality Assurance Agency for Higher Education (QAA) in the UK. This prestigious recognition not only underscores APU's dedication to excellence and student-centered education but also heralds a new era of elevated...

The Rapid Transit System (RTS) Link between Johor Bahru and Singapore is poised to revolutionize connectivity and transportation in the region. This ambitious initiative promises numerous benefits, ranging from reduced congestion and improved safety to job creation and environmental sustainability. Here’s an in-depth look at the key benefits of the RTS Link and its historical context. Historical...

In May 2024, Malaysia experienced a significant milestone with net foreign equity inflows surpassing RM1 billion, distinguishing the country as the sole ASEAN nation to achieve this feat. This influx of foreign investments has not only impacted the financial landscape but has also reverberated across various sectors, including Kuala Lumpur's dynamic property market. Driving Economic Prosperity Through...

In 2022, Malaysia's medical tourism revenue soared to approximately 1.3 billion Malaysian ringgit, marking a remarkable twofold increase from the previous year. Despite the challenges posed by the global pandemic, the resilience of Malaysia's healthcare sector has positioned the country as a premier medical destination in Southeast Asia, with Penang emerging as a prominent hub for medical...

Bursa Malaysia Bhd (KL) is in the final stages of negotiations to relocate its headquarters to The Exchange 106 at Tun Razak Exchange (TRX). This move signifies a strategic shift to one of Kuala Lumpur's premier financial and business hubs. Currently situated in a 16-storey office building in Bukit Kewangan, Kuala Lumpur, Bursa Malaysia is poised to enhance its operational presence by moving to the iconic...