News

Empowering Malaysia Through Artificial Intelligence: A Vision for Tech-Led Growth In a recent exposition, Karan Bhatia, Google’s Global Head of Government Affairs and Public Policy, outlined a transformative vision for Malaysia, highlighting the pivotal role of artificial intelligence (AI) in steering economic growth and establishing Malaysia as a leader in technology. Bhatia’s insights emphasize the...

The unveiling of the Penang Light Rail Transit (LRT) Mutiara Line project has sparked a vibrant discussion about the future of transportation and socio-economic development in Penang. Amidst this discourse, Chief Minister Chow Kon Yeow has called on non-governmental organisations (NGOs) and the public to recognize the transformative potential of the project, highlighting its thorough planning process and...

In a recent assessment, Victor Yong, an interest rates strategist at UOB Global Economics and Market Research, has provided a detailed outlook on the future movements of the Bank Negara Malaysia’s (BNM) Overnight Policy Rate (OPR). According to Yong, BNM is expected to maintain the OPR at 3.00 percent for at least another twelve months, with the next adjustment likely to be a reduction. Yong’s...

When it comes to choosing a property that embodies both a lucrative investment and a serene getaway, Tropicana Cenang in Langkawi stands out as a compelling choice. Situated in the heart of the island's most vibrant beach town, Pantai Cenang, this development offers both investors and vacationers the perfect blend of luxury, convenience, and profitability. Strategic Investment Opportunities Investing...

The Perhentian Islands have long been a whispered secret among those who seek paradisiacal escapes, and the recent unveiling of the Perhentian Marriott Resort & Spa on Pulau Perhentian Kecil marks a new chapter in luxury travel. Nestled on the pristine northwest coast of Perhentian Kecil Island, this majestic resort promises an unparalleled blend of luxury, culture, and nature, setting a new benchmark...

The dream of owning a home is a shared ambition for many Malaysians, serving as a symbol of stability and achievement. However, the path to homeownership is becoming increasingly challenging due to the rapid rise in property prices outpacing salary growth. This disparity raises critical questions about the feasibility of achieving this milestone in today's economic landscape and what measures can be taken...

The Graduates' Choice Award (GCA) maintains its prestigious reputation by illuminating the preferences of Malaysia's workforce, particularly highlighting the employers who have successfully captured the hearts and ambitions of the nation's graduates in 2024. Talentbank's recent statement reveals the award's record-breaking participation, with 464,220 votes from university students, marking a significant...

Batang Kali Road to Reopen in June After Extensive Landslide Repairs In the early hours of December 16, 2022, a tragic landslide occurred at a camping site in Batang Kali, resulting in the loss of 31 lives, including 18 adults and 13 children, while 61 others were rescued. Following this devastating event, the Batang Kali-Genting road was closed for safety assessments and necessary repair works. After 18...

Malaysia Capitalizes on US-China Tech Tensions to Boost Semiconductor Industry Malaysia is strategically positioning itself as a pivotal hub in the global semiconductor landscape, leveraging its established expertise in the industry amid growing US-China tensions. With approximately five decades of experience in semiconductor manufacturing, particularly in assembly, testing, and packaging, Malaysia is...

Malaysia is on the cusp of an economic resurgence, with Bank Negara Malaysia (BNM) projecting an expansion of between 4% and 5% in 2024. This anticipated growth is buoyed by a resilient domestic demand and a revival in export activities, according to BNM's Governor, Datuk Abdul Rasheed Ghaffour. The announcement came during the release of BNM’s 2023 annual report, shedding light on the nation's economic...