Malaysia attracts record approved investments in 2021 World

Malaysia attracts record approved investments in 2021

Malaysia attracted a record amount of approved investments worth 306.5 billion RM (73.23 billion USD) in the manufacturing, services and primary sectors in 2021, driven by higher foreign direct investment (FDI) and increased projects in the manufacturing and the electrical and electronics sectors, according to the Malaysian Investment Development Authority (MIDA).
Malaysia announces strategy to advance digital economy World

Malaysia announces strategy to advance digital economy

The Malaysia Digital Economy Corporation (MDEC) on July 19 announced its Digital Investments Future5 (DIF5) Strategy, a plan focusing on five key thrusts aimed at attracting investments and advancing Malaysia’s digital economy in line with the Malaysia Digital Economy Blueprint (MyDIGITAL).
Malaysia ready for next phase of digital era ASEAN

Malaysia ready for next phase of digital era

Malaysia must lay a strong foundation to support the new wave of digitalisation, especially now that the COVID-19 pandemic has accelerated the growth of the digital economy and opened up opportunities for a variety of new digital businesses, the Malaysia Digital Economy Corporation (MDEC) said.
Malaysia steps up digitalisation efforts World

Malaysia steps up digitalisation efforts

The #SayaDigital programme launched on April 12 is expected to play an important role in helping Malaysian people and small businesses still affected by the COVID-19 pandemic, said Prime Minister Tan Sri Muhyiddin Yassin.
Malaysia develops digital economy World

Malaysia develops digital economy

The Malaysia Digital Economy Corporation (MDEC) has announced the MyDigitalWorkForce Work In Tech (MYWiT) initiative, described as a training and hiring programme aimed at boosting the digital business services sector as well as developing quality tech talents in the country.
Malaysian PM launches digital economy blueprint World

Malaysian PM launches digital economy blueprint

Malaysian Prime Minister Muhyiddin Yassin on February 19 launched MyDigital - the Malaysia Digital Economy Blueprint - that will chart the growth trajectory of the country's digital economy development.
Malaysia reduces interest rates to record low World

Malaysia reduces interest rates to record low

Malaysia's central bank on July 7 reduced its interest rates to a record low to fight the impact of the COVID-19 pandemic, and warned that the pace of economic recovery was uncertain.
Malaysia announces 2016 budget World

Malaysia announces 2016 budget

Prime Minister Najib Razak on October 23 announced Malaysia's 2016 budget, highlighting five priorities to stimulate domestic economy and consumption.