Tag: Southeast Asia economy

World Bank warns Malaysia’s leading firms are struggling to innovate, raising concerns over underemployment

World Bank warns Malaysia’s leading firms are struggling to innovate, raising concerns over underemployment

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Malaysia’s most productive companies are facing growing pressure to innovate and expand, with the World Bank warning that many top-performing firms are failing to scale effectively. This slowdown is now being linked to rising underemployment and fewer opportunities for high-paying careers across the country. In its latest Malaysian Economic Monitor report, the World Bank highlighted […]

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Indonesia reassures no tolls for ships in the malacca strait after global concern

Indonesia reassures no tolls for ships in the malacca strait after global concern

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Indonesia has officially clarified that it has no intention of charging tolls on vessels passing through the strategically vital Malacca Strait, calming concerns that arose earlier this week. Finance Minister Purbaya Yudhi Sadewa addressed the issue on Friday, reaffirming that the country will not impose any tariffs on ships navigating one of the world’s busiest […]

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