Local News
Malaysia’s Budget 2025: Impact for Businesses
On October 18, Malaysia’s government introduced its 2025 national budget – the largest in its history – to bolster the economy’s competitiveness by introducing new tax incentives, slashing subsidies, and developing new economic clusters. With an unprecedented 421...
Say goodbye to traffic jams: West Coast Expressway to ease North-South Expressway congestion, elevate local growth, says transport minister
TANGKAK, Nov 2 — The West Coast Expressway (WCE) from Banting, Selangor, to Gelang Patah, Johor, will serve as an alternative route to alleviate the traffic congestion frequently faced by motorists on the North-South Expressway (NSE). Transport Minister Anthony Loke...
Port operators should view KRA land bridge as opportunity to boost competitiveness – Loke
Transport Minister, Anthony Loke, instead said that port operators need to improve operational efficiency and formulate strategies, in line with Malaysia’s investor-friendly foreign policy, to compete with projects in the neighbouring country. “This is Thailand’s...
Growth In Demand For Relocation Services In Malaysia And Singapore Amid Market Challenges
(MENAFN- market Press Release) October 25, 2024 7:59 am - As global mobility increases and companies expand operations across borders, Malaysia and Singapore have witnessed a surge in demand for professional relocation services. [Kuala Lumpur, October 25,...
Shipping capacity in Asia strong despite global shocks: UNCTAD report
Asia is still the region best-connected to global shipping networks, according to the latest Review of Maritime Transport released by UN Trade & Development (UNCTAD). Asian economies retain top spots on the global liner shipping connectivity index, with China at...
RI, Singapore, Malaysia seek ways to make maritime navigation safe
Jakarta (ANTARA) - Indonesia, Singapore, and Malaysia are continuing to strengthen cooperation to improve maritime safety in the straits of Malacca and Singapore. The cooperation has been carried out through the Tripartite Technical Experts Group (TTEG) forum,...
Singapore, Malaysia deploy aircraft to support relief operations in Philippines – Manila Standard
Military aircraft from Singapore and Malaysia arrived in the Philippines on Saturday to assist with ongoing relief operations following the onslaught of Severe Tropical Storm Kristine. A C-130 cargo aircraft from the Republic of Singapore Air Force (RSAF) and a...
Budget 2025 roundup: 20 quick facts entrepreneurs in Malaysia need to know
Following the theme of “Ekonomi MADANI: Negara Makmur, Rakyat Sejahtera”, Budget 2025 has been tabled on October 18, 2024, by Malaysia’s Prime Minister and Finance Minister, Datuk Seri Anwar Ibrahim. If you missed it, here are the must-know topics for...
New minimum wage will cause job loss says enterprise association
PETALING JAYA: The increase in the minimum wage to RM1,700 from Feb 1 next year is expected to disrupt the operations of small and medium enterprises (SMEs), according to the Small and Medium Enterprises Association of Malaysia (Samenta). Its president, Datuk Willian...
Explained: What will the expanded SST affect and when?
KUALA LUMPUR, October 18 — The federal government is expanding the scope of the Sales and Service Tax (SST) to further improve the nation's tax revenue in the Budget 2025. The expansion will be implemented starting May 1, 2025. Here are the key points from Prime...