Local News
Trump tariffs: Singapore economy could be hit hard by trade slowdown but there may be a silver lining, say analysts
SINGAPORE: Singapore's small, open economy could be hit hard by a US-led global trade slowdown, analysts warned, even if the country may gain a relative advantage due to significantly higher tariffs being imposed on its regional peers. Their comments followed US...
Malaysia’s manufacturing PMI falls in March amid global trade uncertainty
KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers' Index (PMI) fell from 49.7 in February to 48.8 in March, indicating a slight slowdown in sector health. S&P Global Market Intelligence's Usamah Bhatti said Malaysian...
Malaysia’s rail port project targets a European trade corridor shake-up
Perlis Inland Port aims to offer Southeast Asia a viable land-based trade alternative to the instability of current shipping routes A sprawling inland port under construction in Malaysia’s northern state of Perlis is being touted as a game-changer for global...
Danish companies in Malaysia unite to accelerate green transition
A new strategic initiative spearheaded by the Danish Embassy in Malaysia has brought together major Danish companies to advance the green agenda in the country. The initiative, called the Green Transition Alliance, officially kicked off on Wednesday 3 April 2025...
Malaysia retail industry posts 3.5% sales growth in Q4’24, misses forecast:Survey
PETALING JAYA: Malaysia’s retail industry recorded a less-than-expected growth rate of 3.5% in sales for the fourth quarter of 2024 compared to the same period in 2023. According to a survey compiled by Retail Group Malaysia (RGM) and conducted with members of the...
Thailand Drafts Law To Speed Up $29 Billion Transport Link
Mar 22, 2025 (Bloomberg) –Thailand unveiled draft legislation to create a special economic zone in the south of the country that would pave the way for a multibillion-dollar transport project linking the Indian and Pacific Oceans. The bill would establish a commission...
Malaysia’s Aerodyne Group eyes drone production in Uzbekistan
Aerodyne’s CEO, Kamarul Muhamed, recently met with Uzbekistan's ambassador to Malaysia, Karomiddin Gadoev, to discuss potential cooperation. The talks focused on integrating drone technology into Uzbekistan’s agricultural sector. Initially, Aerodyne plans to introduce...
Malaysia emerging as key hub in Asean’s digital future
Driven by rapid digital adoption and increasing foreign investments, Asean is one of the world’s fastest-growing technology markets. The World Economic Forum projects that the region’s digital economy will grow from US$300 billion to an estimated US$1 trillion over...
Johor-Singapore Special Economic Zone: Transformative or Tempting?
The Johor-Singapore Special Economic Zone has a compelling argument. But it may not be as transformative as it is touted to be. Malaysia and Singapore launched the Johor-Singapore Special Economic Zone (JS-SEZ) in January 2025. Located in the Malaysian state of Johor...
Malaysia builds Southeast Asia’s longest railway tunnel, a key milestone for ECRL project
MALAYSIA: Deep beneath Malaysia’s Titiwangsa mountain range, engineers are steadily progressing on what will become Southeast Asia’s longest railway tunnel. This tunnel, a critical part of the ambitious East Coast Rail Link (ECRL) project, will span 16.39 kilometres,...