Malaysia will send 3,000 tonnes of plastic waste back to the countries it originated from, said Minister of Energy, Science, Technology, Environment, and Climate Change Yeo Bee Yin.
Malaysian Prime Minister Mahathir Mohamad said on May 25 that the Government is looking to attract more foreign investment to foster the national economy and strengthen the ringgit – the local currency.
Malaysian police raided the Kuala Lumpur office of audit firm Deloitte on May 23 as part of a widening probe into a multibillion-dollar scandal at state fund 1Malaysia Development Berhad (1MDB).
Malaysia will expand its halal services to 10 new countries, including Kazakhstan, Uzbekistan, Egypt, Turkmenistan, Iran, Tajikistan, and Bosnia and Herzegovina.
Malaysia is one of the export markets in the Association of Southeast Asian Nations (ASEAN) holding the most potential for Vietnam, especially for agricultural products, seafood, foodstuff, and beverages, experts noted at a workshop in Ho Chi Minh City on May 22.
Three militants inspired by the self-claimed Islamic State (IS) group have been arrested in Malaysia, accused of planning attacks on non-Muslim places of worship in the country and neighbouring Indonesia, police said on May 16.
The Hoa Phat Group has exported two containers of steel cords to Malaysia for the first time after winning markets in the US, Canada, the Republic of Korea, and Laos.
Malaysia's Ministry of International Trade and Industry (MITI) has revised anti-dumping duties imposed on imports of cold rolled coils of alloy and non-alloy steel originating or exported from China, the Republic of Korea (RoK) and Vietnam.
The US government has begun returning to Malaysia some 200 million USD recovered from asset seizures linked to the latter’s state investment fund 1MDB, the two countries announced on May 7.
The Ministry of Trade, Industry and Energy of the Republic of Korea (RoK) is set to hold open hearings in Seoul on May 7 to promote the country’s free trade agreements (FTAs) with the Philippines and Malaysia.
Malaysia has extradited a former Goldman Sachs leader to the US to face criminal charges linked to a multi-billion dollar scandal at Malaysia’s state investment fund, 1Malaysia Development Berhad (1MDB), reported daily financial newspaper The Edge on May 6.
An estimated one in 20 potential hires in Malaysia has fake qualifications while one in 10 has credentials from unaccredited institutions, according to Akhbar & Associates, a Malaysian fraud examiner.
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