ADB revises down Malaysia’s economic growth forecast in 2021

ADB revises down Malaysia’s economic growth forecast in 2021

The Asian Development Bank (ADB) has downgraded Malaysia's gross domestic product (GDP) growth forecast to 3.8 percent from 4.7 percent for 2021 and 5.9 percent from 6.1 percent next year.
Malaysia’s approved investments rise by 51 percent despite COVID-19 pandemic

Malaysia’s approved investments rise by 51 percent despite COVID-19 pandemic

Investment in Malaysia has increased remarkably in spite of the negative impact of the COVID-19 pandemic.
ADB revises down Malaysia’s economic growth forecast in 2021

ADB revises down Malaysia’s economic growth forecast in 2021

The Asian Development Bank (ADB) has downgraded Malaysia's gross domestic product (GDP) growth forecast to 3.8 percent from 4.7 percent for 2021 and 5.9 percent from 6.1 percent next year.
Malaysia steps up trade promotion in Vietnam

Malaysia steps up trade promotion in Vietnam

Vietnam and Malaysia still have large room to step up trade cooperation in such fields as food, beverages, and personal care products, heard the Malaysia-Vietnam Trade Promotion Programme held by the Malaysia Trade Office in Vietnam (Matrade) in Ho Chi Minh City on November 23.
Malaysia buys 150,000 courses of Merck's COVID-19 pill

Malaysia buys 150,000 courses of Merck's COVID-19 pill

Malaysia has struck a deal with US drug maker Merck & Co to buy 150,000 courses of its experimental antiviral pill, the Ministry of Health (MoH) said on October 7, joining other Asian countries in a rush to secure supplies.
Malaysia tourism sector sees positive signals

Malaysia tourism sector sees positive signals

The Langkawi Island of Malaysia has earned 15.97 million RM (3.82 million USD) in tourism revenue after just two weeks of reopening.
Malaysia: Foreign tourists to be allowed only in endemic phase

Malaysia: Foreign tourists to be allowed only in endemic phase

A decision on the opening of Malaysia’s borders to foreign tourists will only be determined after the country moves into the COVID-19 endemic phase, according to the national news agency Bernama.
Malaysia welcomes China to join CPTPP

Malaysia welcomes China to join CPTPP

As one of the pioneer members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Malaysia is looking forward to welcoming China into the fold, anticipated to be as early as next year, according to Malaysia's national news agency Bernama.
JAKS joins forces with Vietnamese partner to develop 1,500MW LNG power project

JAKS joins forces with Vietnamese partner to develop 1,500MW LNG power project

JAKS Resources from Malaysia and T&T Group JSC will explore possibilities to co-develop the 1,500MW Quang Ninh 2 LNG-to-power project in Quang Ninh.
Chinese solar manufacturers in Vietnam may face an investigation from the US

Chinese solar manufacturers in Vietnam may face an investigation from the US

US solar manufacturers requested the US DoC to investigate unfair imports of solar cells and modules from Vietnam, Malaysia, and Thailand.
Malaysia's CIMB greenlit to increase charter capital for Vietnamese bank arm

Malaysia's CIMB greenlit to increase charter capital for Vietnamese bank arm

Malaysian bank CIMB announced that the SBV has approved its request to increase the charter capital of its CIMB Vietnam to VND3.69 trillion ($160.43 million).
Malaysia favoured expansion destination for ASEAN: StanChart

Malaysia favoured expansion destination for ASEAN: StanChart

Malaysia is a favoured expansion destination for ASEAN companies looking for growth opportunities in the 10-nation bloc, according to a survey by Standard Chartered (StanChart).
Malaysia's KAB ventures into Vietnam's renewable energy market

Malaysia's KAB ventures into Vietnam's renewable energy market

Kejuruteraan Asastera Bhd. (KAB) has inked a deal with Janakuasa to enter Vietnam’s renewable energy market.
Vietnamese steel exports recorded high growth

Vietnamese steel exports recorded high growth

Vietnam's exports of iron and steel have been growing rapidly in the first five months of the year, with exports to the EU quintupling against the year prior.
Laos, Malaysia step up COVID-19 vaccination efforts

Laos, Malaysia step up COVID-19 vaccination efforts

Laos and Malaysia are working on their COVID-19 vaccination efforts in a bid to curb the spread of the pandemic.
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