Malaysia

Malaysia’s Labour Productivity Rises in Q1 2025 Amid Steady Economic Growth and Sectoral Resilience Malaysia’s labour productivity per hour worked increased by 1.0% year-on-year in the first quarter of 2025, reaching RM42.50 per hour, according to the Labour Productivity Statistics for Q1 2025 released by the Department of Statistics Malaysia (DOSM). This modest but positive growth reflects the...

MaiStorage Technology Targets Bursa Malaysia IPO by 2028, Focuses on IC Design, AI, and Talent Growth MaiStorage Technology Sdn Bhd, a newly launched integrated circuit (IC) design and storage technology provider, is setting its sights on a Bursa Malaysia listing by 2028. The announcement was made by founder and CEO Datuk Pua Khein Seng during the company’s official launch event, which was officiated by...

Malaysia’s Urban Renewal Bill: A Step Towards Modernisation or a Path to Displacement? After more than a decade of planning, Malaysia’s long-awaited Urban Renewal Bill (URA) is expected to be tabled in Parliament in July 2025. The Bill aims to rejuvenate aging urban areas by restoring vibrancy, providing affordable housing, enhancing public facilities, and modernising architectural...

Malaysia Rises to 4th Most Popular Luxury Property Destination Among Chinese Millionaires Malaysia has secured the 4th spot globally among destinations most searched by Chinese high-net-worth individuals (HNWIs) seeking homes priced at US$5 million (RM22.3 million) and above, according to 2024 data released by Juwai IQI. This puts Malaysia just behind Thailand, Australia, and Canada, reflecting a growing...

Malaysia-China Forge Deeper Ties with 31 MoUs: Boosting AI, Trade, and Malaysia's Property Outlook Malaysia and China have marked a new chapter in their bilateral relations with the signing of 31 Memoranda of Understanding (MoUs), covering a diverse range of sectors including artificial intelligence (AI), the digital economy, tourism, infrastructure, agriculture, and cultural exchange. The agreements were...

Malaysian Billionaires 2025: Leading Wealth Builders and Their Economic Impact Malaysia continues to prove itself as a hub for entrepreneurial success and diversified wealth. With 19 Malaysians featured on the Forbes 2025 Billionaires List, the country’s elite now hold a combined net worth of US$57.3 billion, underlining the strength of key industries such as real estate, finance, manufacturing, and...

Earthquake-Resistant Buildings in Malaysia: A Growing Priority for Urban Safety Malaysia’s evolving landscape of urban development brings with it the increasing need for earthquake-resistant buildings, especially in cities like Kuala Lumpur that are witnessing rapid growth. While the country is not directly located on the Pacific Ring of Fire, its proximity to seismic zones such as Sumatra and the...

1. Malaysia’s Investment Surge: A Boon for the Real Estate Sector Malaysia has set a historic milestone with RM378.5 billion in approved investments in 2024—a 14.9% year-on-year increase, reflecting the country’s strong economic growth and investor confidence. ✔ Top Investment Sectors:🏦 Services – RM252.7 billion (66.8% of total investments)🏭 Manufacturing – RM120.5 billion (31.8%)⛏...

Malaysia’s Industrial Sector Poised for Growth with AI-Powered Industrial Parks & Government Initiatives Malaysia’s industrial sector is set to sustain its strong growth in 2025, driven by government incentives, infrastructure advancements, and the integration of AI-powered industrial parks, according to Knight Frank Malaysia. With geopolitical tensions and trade uncertainties reshaping global...

Meta to Join Licensed Social Media Platforms in Malaysia Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, is set to receive its Application Service Provider Class Licence (ASP (C)) in Malaysia, following in the footsteps of Tencent’s WeChat, ByteDance’s TikTok, and Telegram. Smooth Progress Expected for Meta Communications Minister Fahmi Fadzil confirmed that Meta is...