Tag: Malaysian Economy

Anwar Malaysia Poised for New Investment Opportunities and Stronger Industrial Ties with India

Anwar Malaysia Poised for New Investment Opportunities and Stronger Industrial Ties with India

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Malaysia is strengthening its economic relationship with India as Prime Minister Datuk Seri Anwar Ibrahim holds discussions with leading companies on new investments, industrial cooperation and opportunities that could benefit the Malaysian economy. During his meetings with representatives of several major companies, Anwar said the discussions reflected continued confidence in Malaysia’s economic potential and the […]

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Malaysia tightens foreign investor vetting to protect local jobs and businesses

Malaysia tightens foreign investor vetting to protect local jobs and businesses

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Malaysia is taking a firmer approach to foreign investment, with the government moving to strengthen the vetting process for new foreign investors and ensure that businesses operating in the country deliver meaningful benefits to the local economy. Prime Minister Datuk Seri Anwar Ibrahim said the government wants to make sure foreign companies do more than […]

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Menara Merdeka 118 officially becomes Menara Merdeka Maybank as bank begins new chapter

Menara Merdeka 118 officially becomes Menara Merdeka Maybank as bank begins new chapter

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Malaysia’s iconic Merdeka 118 tower has officially entered a new era. As of July 28, 2026, the landmark skyscraper is now officially known as Menara Merdeka Maybank, marking a significant milestone in Maybank’s corporate journey and strengthening its presence at one of the nation’s most recognizable buildings. The renaming reflects Maybank’s move into the tower […]

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Malaysia's Inflation Rises to 2.0% in May 2026 as Food, Housing and Communication Costs Increase

Malaysia’s Inflation Rises to 2.0% in May 2026 as Food, Housing and Communication Costs Increase

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Malaysia’s inflation rate edged up to 2.0 percent in May 2026, reflecting higher prices across several essential sectors, according to the Statistics Department Malaysia (DOSM). The Consumer Price Index (CPI) increased to 137.1 points in May 2026 compared with 134.4 points recorded during the same period last year. The latest figures indicate that while inflation […]

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Mydin Moves Toward Smarter Retail: RM447 Million Automated Distribution Centre Set to Reduce Foreign Worker Dependency

Mydin Moves Toward Smarter Retail: RM447 Million Automated Distribution Centre Set to Reduce Foreign Worker Dependency

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Mydin Mohamed Holdings Bhd is stepping boldly into the future with the launch of its upcoming automated national distribution centre (MDC) in Elmina, Selangor — a move expected to significantly reduce its reliance on foreign workers while boosting speed, accuracy, and operational strength. Managing director Datuk Ameer Ali Mydin shared that the state-of-the-art facility will […]

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