The Communications and Digital Ministry of Malaysia plans to announce the introduction and implementation of 5G by Digital Nasional Bhd (DNB) with added features at the end of March.
Malaysia will restructure its economy based on three main strategies to eradicate poverty, restructure and restore the economy, as well as generate the economy anchored on the concept of Malaysia Madani, said Prime Minister Anwar Ibrahim.
Malaysia’s government will accelerate the implementation of a plan on promoting the recruitment of foreign workers in five sector,s namely manufacturing, construction, plantation, agriculture, and services (restaurants only), according to Human Resources Minister V Sivakumar.
Malaysia's national debt including liabilities has reached 1.5 trillion RM (346 billion USD), equivalent to over 80% of the country's gross domestic product (GDP), according to Malaysian Prime Minister Anwar Ibrahim.
Malaysia’s expected entry of 500,000 foreign workers this year will not affect job opportunities for locals, said Human Resources Minister V. Sivakumar on January 16.
Indonesia and Malaysia have said that they could stop exporting palm oil to the European Union in response to a new EU law aimed at protecting forests by strictly regulating the sale of palm oil products.
Malaysia’s Prime Minister Anwar Ibrahim on January 4 said that Malaysia does not discriminate against any country in conducting COVID-19 checks on inbound travellers as its priority is the health and safety of the people.
Despite difficulties caused by COVID-19, international trade was considered Malaysia’s economic leverage in 2022, expanding by close to 30% to 2.613 trillion MYR (593.5 billion USD) for the period of January to November 2022, according to the latest figure published by the Department of Statistics of Malaysia.
The Malaysian economy is anticipated to start moderating due to impact of global economic instability in the first months of 2023, the country’s Department of Statistics (DOSM) said on December 29.
A men’s football open tournament was organised by the Executive Board of Vietnamese Community in Malaysian state of Selangor on December 25, aiming to boost the building of a cohesive community.
Demand for electric vehicles (EVs) in Malaysia will grow significantly in 2023, driven by current incentives provided by the government as well as upcoming launches of more affordably priced EVs, according to Malaysian Automotive Association (MAA) President Aishah Ahmad.
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