Vietnamplus

The Malaysia Healthcare Travel Council (MHTC) targets 2.4 billion MYR (about 500 million USD) in revenue from health tourism this year.

Malaysia’s Commercial Crime Investigation Department (CCID) on February 16 announced that the total number of commercial crime cases from the beginning of this year to February 12 recorded an increase of 34.3% to 4,741, involving a loss of about 117 million USD.

Bank Negara Malaysia (BNM) has said that the country’s economic growth in 2023 normalised to 3.7%, below the 4-5% target due to “prolonged weakness” in external demand.

Nearly 70% of Malaysia’s approved investments worth 225 billion RM (47 billion USD) are in the digital economy, said Malaysian Minister of Investment, Trade and Industry Zafrul Abdul Aziz.

Malaysia's palm oil stocks fell to their lowest in six months at the end of January as production plunged to the lowest level in nine months amid steady exports, the industry regulator has said.

Malaysia has set a target of welcoming 27.3 million foreign tourists in 2024, riding on the wave of optimism fueled by a series of strategic initiatives and the success of attracting over 20 million foreign tourists last year.

Malaysia’s focus for this year is economic development and investment promotion and it will bank on its three unique selling points – the multiple languages, cultures, and communal peace – to help draw more investors, according to Prime Minister Anwar Ibrahim.

The Malaysian Aviation Group Bhd (MAG) is set to expand its fleet by introducing 12 new aircraft in 2024, including its first Airbus 330-900 (A330neo), which is scheduled to arrive in the third quarter of this year.

The Vietnamese Embassy in Singapore on January 27 evening held a get-together for Vietnamese in the country on the occasion of the Tet (Lunar New Year) festival.

With its new visa exemption policy, Vietnam has been more attractive to visitors from near and far, with the number of tourist arrivals far exceeding the country’s set target, Malaysia’s only broadsheet format English language newspaper highlighted in its article “Visa-free travel a boon”.

Imports to Malaysia are being delayed by up to two weeks as shipping giants shift freight routes to avoid possible attacks in the Red Sea, which means that Malaysians will likely have to pay more for imported luxuries such as wine and gourmet food shipped from Europe.

Malaysia's Ministry of Domestic Trade and Cost of Living (KPDN) on January 21 announced that it will arrange enforcement officers at seven national border checkpoints in four states of Perlis, Kedah, Perak and Kelantan, to combat the leakage and smuggling of controlled and subsidised goods to neighbouring countries.

Malaysia’s economy grew at a slower-than-estimated pace in the fourth quarter of 2023, as exports to China fell, signaling that a firmer recovery is taking longer than expected.

Prolonged heavy rain is expected in four states across Malaysia, warned the country’s Meteorological Department on January 16.