Latest business and economic news in Malaysia.

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Bringing the latest economic news from Malaysia to you

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Malaysia ranks 113 globally in freedom of press, top in Southeast Asia
2022/05/09
On the 3rd of May, in conjunction with World Press Freedom Day, the Reporters Without Border (RSF) published the "World press freedom index" for 2022. In this index, Malaysia went up six places to the 113th among 180 countries, an improvement from last year.
Durian production down 60% amidst fear of rising domestic prices
2022/05/09
Malaysian durian producers said that production of local durians are down 60% this year. They also voiced up their concerns about rising production cost and domestic prices.
Internet usage among Malaysians rises to 96.8%
2022/05/06
The Department of Statistics released its report on Usage and Access of Information and Communication Technology (ICT) in 2021. The percentage of Malaysians using the Internet was at 96.8%, up 7.2 percentage points from the previous year (89.6%).
Based on latest SOP, 48-hour PCR from departure is no longer required upon arrival into the country
2022/04/28
Malaysia's Ministry of health announces the latest SOP. Previous restrictions in wearing of masks, social distance, "MySejahtera" check-in, quarantine procedure of positive cases, and travelers from abroad has been significantly relaxed.
Malaysian economic review (February~April 2022)
2022/04/27
The department of statistics in Malaysia has published a summary on the country's economic review for February to April 2022.
JAL to increase flight services to KL to 5 times a week
2022/04/12
Japan Airlines (JAL) announced that it will increase the number of round-trip flights on the KL-Narita route, which currently has four round-trips per week. There will be an addition of one round-trip flight on Sundays to a total of five round-trips starting April 24. The service will continue until May 31.
According to Immigration Bureau, about 250 thousand have been entering and leaving the country in 4 days of reopening of country's border
2022/04/11
Director of the immigration bureau, Dato' Khairul Dzaimee Daud revealed that, during the 4 day period (April 1st to April 4th) of the border reopening as the country is slowly approaching the endemic stage, around 252,730 have been entering and leaving the country.
Ferrotec Holdings to open a new manufacturing facility in Kedah
2022/04/08
Ferrotec Holdings (headquartered in Chuo-ku, Tokyo) announced on April 6, its decision to establish a new manufacturing subsidiary, Ferrotec Manufacturing Malaysia (FTMM).
Former Prime Minister, Shinzo Abe, visit Malaysia as a government special envoy
2022/03/15
Former Prime Minister, Shinzo Abe visits Malaysia on March 10th, 2022 as Prime Minister Fumio Kishida's special envoy in celebration of the 65th anniversary of the establishment of domestic relations between Japan and Malaysia and the 40th anniversary of "Look East Policy (LEP)".
AirAsia officially changes their name to "Capital A"
2022/02/03
On January 28, leading low-cost carrier AirAsia Group announced that it has officially changed its name to "Capital A" in line with its business diversification. The group's airline business will continue to use the "AirAsia" brand.
Car sales down by 3.89% according to MAA
2022/01/21
Malaysian Automobile Association (MAA) revealed that car sales for 2021 were at 508,911, lower by 3,89% from the previous year.
Exports for November increased 32.4% in Selangor
2022/01/15
In November 2021, Malaysia's trade increased 34.9% from the previous year to RM 205.5 billion, with exports at RM 112.2 billion (32.4% increase from previous year) and imports at RM 93.3 billion(38.0% increase).
Aftermath of flood
2021/12/21
The federation of Malaysian manufacturers announced on Monday, the 20th of December that the flood that took place over the weekend has forced massive evacuations and road closures. This would have likely affected many companies in the affected area.
Sales of development tools for Nintendo Switch™ in Malaysia
2021/12/21
TK International Sdn Bhd has signed an outsourcing agreement with Nintendo Corporation to distribute Nintendo Switch™ development tools to game developers in Malaysia. Development tools for Nintendo Switch™ can be ordered in Malaysia starting from December 22, 2021.
Telekom to implement 5G trial operation in the country's metropolitan area
2021/12/07
KUALA LUMPUR: Telecommunications giant, Telekom Malaysia (TM), which is a government-owned telecommunications company, announced on the 4th that they will start testing 5G (5th generation mobile communication) network availability in parts of Kuala Lumpur, Putrajaya and Cyberjaya this month.

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