Malaysia aims to make Kuala Lumpur a Southeast Asian digital powerhouse by 2030 by ranking it among the top 20 startup ecosystems.
Tags: Malaysia
Malaysia Launches First Locally-Made Electric Car, the Proton e.MAS7
Malaysia has launched its first home-grown electric vehicle, the Proton e.MAS7, to strengthen its position in the growing Southeast Asian EV market.
China Plans to Connect Southeast Asian Railroads Following New Pact With Malaysia
Chinese Premier Li Qiang's visit to Malaysia includes plans to integrate the East Coast Rail Link with regional projects, boosting China's Belt and Road initiative in Southeast Asia.
Malaysia Overhauls Long-Standing Fuel Subsidies, Leading to Over 50% Hike in Diesel Prices
Diesel prices in Malaysia rose about 50% on June 10 due to the government's revised approach to fuel subsidies to cut spending and save billions of ringgit.
Google Announces $2 Billion Investment in Malaysia to Expand Its Cloud Footprint
Google has unveiled its plan for a $2 billion investment in Malaysia. Google has unveiled its plan for a $2 billion investment in Malaysia, signaling its intent to bolster its presence in the country's burgeoning tech landscape.
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Malaysia is increasingly attracting semiconductor factories amid escalating tensions between the US and China.
Goodyear Tire & Rubber Co, one of the leading tire manufacturers globally, is closing its manufacturing plant in Malaysia.
DiCarpio Foundation is now also being involved in the Malaysian Fund scandal. Oscar-winner Leonardo DiCaprio's charitable foundation would return gifts or donations made to him or his ventures if they were found to have come from Malaysian wealth fund 1MDB, which is being investigated on money laundering allegations, his representatives said on Tuesday.
The US-Malaysia tie up is being sorrounded with anomally as regards to the 1MDB Malaysian Fund scandal.
Due to the continuing harmful effects of El Niño, Malaysia's palm oil production has been greatly affected reducing output by millions of metric tons.
Malaysian government halts its recruitment of foreign workers particulary Bangladeshi. Protests from private and public sectors arise urging the government to give clarification about the agreement. The deputy prime minister confirmed that the registration of 1.5 million Bangladeshi workers does not mean that all of them could gain entry on the Southeast Asian country and be hired.
The Singapore's authority announced that it has seized a large number of bank accounts in a probe into alleged misappropriations related to 1MDB. Details regarding the bank accounts will be shared with investigators from Switzerland, United States and Malaysia.
Malaysia has trimmed its growth forecast mainly due to plunging oil prices. A miscalculated assumption has messed up the 2016 budget, which has the government groping for damage-control measures. One of the key outcomes were increasing the household spending of the country, which can give the sluggish economy a much-needed boost.
After enjoying successful services in several Asian countries, GrabTaxi introduced a carpooling service in Singapore. The service is available for testing on Wednesday in the country. Drivers participating in GrabHitch must provide elligible document and verification checks.
