Malaysia

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...

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...

In a notable affirmation of Malaysia's dynamic and welcoming business environment, the nation has emerged as the premier destination for investors among Asia's emerging and developing (E&D) countries, according to the Global Opportunity Index (GOI) 2024 by the US-based Milken Institute. With a commendable global standing of 27th, Malaysia outpaces regional counterparts Thailand and China, positioned at...

In a significant stride towards gender equality, Malaysia has been recognized for its concerted efforts in enacting legal reforms that promote equal rights for women. According to the World Bank's 2024 "Women, Business and Law" report, Malaysia, along with Jordan, Sierra Leone, Togo, and Uzbekistan, ranks among the top five nations that have shown remarkable improvement in ensuring legal gender equality....

In a recent ranking by Yahoo! Finance and Insider Monkey, Malaysia has been named the 14th fastest-growing economy in Asia for 2024. This prestigious recognition is based on an analysis using the Real GDP and GDP per capita growth rates from the International Monetary Fund (IMF), spotlighting Malaysia's economic dynamics relative to its regional peers. Economic Growth Insights In 2024, Malaysia recorded...

Malaysia has demonstrated its strong English language proficiency, ranking third in Asia and 25th globally in the 2023 EF English Proficiency Index (EF EPI). The EF EPI is the largest international survey of adult English skills, evaluating the English language proficiency of 2.2 million non-native English speakers across 113 countries and regions. In the 2023 edition, Malaysia achieved a spot among the...

The Malaysia-China Kuantan Industrial Park (MCKIP) has successfully attracted cumulative investments exceeding RM31 billion across 21 projects, with plans to create more than 14,000 employment opportunities, according to Deputy Minister of Investment, Trade, and Industry, Liew Chin Tong. Out of the total investment of RM31 billion, RM14.6 billion has already been realized. To meet the increasing demand,...

In the realm of economic development, collaboration and innovation often pave the path to progress. Singapore and Malaysia, two neighboring nations with a history of economic synergy, are now embarking on a journey to enhance their Special Economic Zone (SEZ) ecosystem. This collaborative endeavor aims to determine the future focus of the SEZ, bringing with it a promise of economic growth and prosperity...

Malaysia's Local Government Development (KPKT) Minister, Nga Kor Ming, conducted an official three-day visit to Singapore to enhance bilateral cooperation between the two neighboring countries. The visit aimed to strengthen the close ties between Malaysia and Singapore, recognizing the latter as an important neighbor and friend. Both countries aim to foster mutual cooperation for the benefit of their...

The rapid growth of digital infrastructure in Malaysia is making the nation an increasingly attractive hub for data centres and investment. This development is propelled by enhanced investments in components such as cable landing stations, additional underwater cables, 5G, and upgraded fibre connectivity. As per JLL's new Global Data Centre Outlook, leading sites in Malaysia currently include Selangor,...