Could the Covid -19 pandemic spell the beginning of the end of China’s Belt and Road…
Malaysia
Business news and investment opportunities in Malaysia
STATS
Source: World Bank
Currency: Malaysian ringgitGDP: 358.6 billion USD (2018)
GDP per capita: 11,373.23 USD (2018)
GDP growth rate: 4.7% annual change (2018)
GNI per capita: 30,650 PPP dollars (2018)
Gross national income: 966.3 billion PPP dollars (2018)
Internet users: 80.14% of the population (2017)
China’s vaccine diplomacy gets mixed reaction
News that Thailand, the Philippines and Malaysia had all arranged to procure COVID-19 vaccines from either…
Demand for Malaysian rubber gloves rockets
The rocketing demand for Malaysian rubber gloves and other protective gear triggered by the COVID-19 pandemic…
China’s innovation drive continues with $1bn Skolkovo deal, but FDI drops off
China’s drive to establish a presence at the cutting edge of innovation in areas such as…
Alibaba to open 'e-hub' in Malaysia
China’s e-commerce giant Alibaba Group CEO is on track to open an ‘e-hub’ close to Kuala…
Malaysia looks to Strait of Malacca for slice of Maritime Silk Route action
The Malaysian government is looking for investors to back its plans to develop a giant new…
Sime Darby to float Weifang Port
The Malaysian-based Sime Darby multinational conglomerate this week announced its intention to float Shandong Province’s Weifang Port…
Malaysian government gives green light for $58bn Forest City development
Malaysia’s Department of Environment has approved plans for the construction of the Forest City luxury housing project…
China leads world in UNESCO cultural goods exports ranking
The trade in cultural goods has doubled in a decade, despite the global recession and a…
Malaysian government in talks to buy bankrupt Transaero
A state-owned Malaysian investment fund is in talks with the Russian Investment Agency (RIA) about the possibility of…
Trans-Pacific Partnership trade pact passes first hurdle
Trans-Pacific Partnership: At a meeting in Atlanta yesterday, the US, Japan and 10 other Pacific Rim nations signed…
Petronas to buy Statoil’s stake in TAP?
The Malaysian oil and gas company Petronas is rumoured to be considering buying Statoil’s 20% stake in…
Statoil sells Shah Deniz stake to Malaysia’s Petronas
Statoil sells Shah Deniz stake: Norway’s Statoil has sold its 15.5% stake in the Azeri Shah Deniz…
Malaysian investment in Kazakhstan set to hit $1.1bn
Malaysian investment in Kazakhstan could increase to as much as $1.1bn, its Prime Minister Najib Razak said…