Tesla Halts EV Investment Plans in Thailand, Malaysia
Tesla Inc., the U.S. electric vehicle (EV) giant, has scrapped its plans to establish manufacturing plants in Malaysia, Thailand, and Indonesia, according to a report...
Malaysia’s Economic Growth Surges: Investment and Tourism Drive
Malaysia's economic growth has exceeded expectations. Simultaneously, Standard Chartered (StanChart) reported a 5.0 percent GDP growth in the first half of 2024. Strong investment activities...
TM and Singtel Data Centre Boosts Malaysia’s Digital Aspirations
TM (Telekom Malaysia) and Nxera, Singtel’s Digital InfraCo unit, have started construction on a 64MW data centre campus in Iskandar Puteri, Johor. This joint venture...
Malaysia Government 1MDB Debt Economic Woes Claim Justified?
The current Malaysian government, led by Prime Minister Anwar Ibrahim, has frequently cited the 1MDB scandal as a significant burden on the nation's finances. However,...
President Biden Ends Campaign: ASEAN and Democrats Ponder
In a historic and unexpected move, President Joe Biden has withdrawn from the 2024 presidential race. Mounting calls from within his own party influenced this...
Global IT Outage Hits Singapore, Malaysia Service System and Airport
A recent global IT outage has wreaked havoc across major sectors worldwide, with Singapore and Malaysia being the most affected in Southeast Asia. A faulty...
Malaysia SMEs Concern over RON95 Petrol Subsidy Cuts
The Malaysian government’s plan to rationalize RON95 petrol subsidies has sparked significant concern among small and medium enterprises (SMEs). The Small and Medium Enterprises Association...
Johor-Singapore SEZ: Significant Business and Tax Incentives
The Johor-Singapore Special Economic Zone (JS-SEZ) has generated overwhelming interest from Singaporean businesses. According to a report by the Singapore Business Federation (SBF), over 90%...
Deep Dive Into A Decade Of Malaysia Market Capitalization
Bursa Malaysia recently announced that its total market capitalization has surged to an all-time high of RM2 trillion. Local media hails this as a remarkable...
King of Malaysia’s First Official Visit to Singapore
His Majesty Sultan Ibrahim and Her Majesty Raja Zarith Sofiah of Malaysia embarked on a significant two-day state visit to Singapore. This visit marks their...