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The trade and investment targets that Malaysia set for this year are achievable despite the ringgit’s current depreciation versus the US dollar, as many other major fundamentals remain attractive and appealing to global investors, said Malaysian Minister of Investment, Trade and Industry Zafrul Abdul Aziz.

Malaysia's tourism industry rebounded remarkably in 2023 to almost pre-COVID-19 level after the country reopened its international borders in 2022, Director-General of the Malaysian Tourism Promotion Board (Tourism Malaysia) Ammar Abd Ghapar has said.

Malaysia's trade in the first quarter of 2024 has seen positive signs thanks to the recovery of important markets, thereby supporting the country's economic development in this year.

The Malaysian Government plans to raise the tax rate from 6% to 8% across an array of taxable services in March.

The Malaysian Government plans to raise the tax rate from 6% to 8% across an array of taxable services in March.

Malaysia's digital economy sector is targeted to make up 25.5% to the gross domestic product (GDP) by 2025, said Digital Minister Gobind Singh Deo.

Malaysia aims to attract more electric vehicle (EV) manufacturers as it is striving to establish itself as an EV manufacturing hub for the Association of Southeast Asian Nations (ASEAN), an official has said.

The export of Malaysian orchids can contribute up to 4 billion RM (836.82 million USD) a year to the country’s floriculture industry due to high demands from other nations, according to a local official.

The Malaysian government will add 186 new Digital Economic Centres (PEDi), bringing the total to 1,097 nationwide by the end of this year, Prime Minister Datuk Seri Anwar Ibrahim said.

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.