Malaysia postpones former PM’s 1MDB trial World

Malaysia postpones former PM’s 1MDB trial

The High Court of Malaysia has agreed to postpone Najib Razak’s 1Malaysia Development Berhad fund (1MDB) trial as the former Prime Minister is currently under 14-day home quarantine following his return from Sabah, the state with the highest COVID-19 tally in the country, on September 27.
Investment in manufacturing in Malaysia’s Penang rises World

Investment in manufacturing in Malaysia’s Penang rises

The Malaysian state of Penang recorded a total of 9.12 billion RM (nearly 2.2 billion USD) in approved manufacturing investments in the first half of this year, according to the Malaysian Investment Development Authority (MIDA).
WB lowers Malaysia’s 2020 growth forecast to -4.9 pct ASEAN

WB lowers Malaysia’s 2020 growth forecast to -4.9 pct

The World Bank (WB) has revised down Malaysia’s economic growth forecast this year to a contraction of 4.9 percent, from an early estimate of minus 3.1 percent, following a sharper than expected contraction in the second quarter of 2020.
Malaysia prioritises to help COVID-19 affected SMEs World

Malaysia prioritises to help COVID-19 affected SMEs

The Malaysian government is committed to continue helping small and medium enterprises (SMEs) along their recovery path in the upcoming Budget 2021, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Tension escalates on Malaysian politics World

Tension escalates on Malaysian politics

The Malaysian politics saw estalating tension on September 23 when opposition leader Anwar Ibrahim said he has secured a ‘formidable’ majority from lawmakers to form a new government.
Vietnam, Malaysia agree to boost trade after COVID-19 Business

Vietnam, Malaysia agree to boost trade after COVID-19

The Vietnam Trade Office in Malaysia and the Vietnam Malaysia Business Association (VMBIZ) on September 23 signed a memorandum of understanding (MOU) on enhancing cooperation to boost trade and investment between the two countries’ businesses.