Digital Banking in Malaysia: New Opportunities for Fintech
Malaysia’s central bank is set to issue its first digital banking licenses in early 2022, a move that could position the country as one of Southeast Asia’s leaders in fintech.
Opportunities in Malaysia’s Rubber Glove Industry
The upsurge in global demand for PPE presents many scalable opportunities in Malaysia’s rubber glove industry.
Malaysian Prime Minister Resigns, Deepening Political Crisis
Malaysia’s prime minister, Muhyiddin Yassin, offered his resignation to the country’s King on August 16, 2021, after less than 18 months in power.
Malaysia’s Pemulih Stimulus Package: Supporting Businesses and Individuals
Malaysia announced its latest 150 billion-ringgit (US$36 billion) economic stimulus package, named Pemulih, in response to the indefinite extension of the national lockdown.
Malaysia and Thailand Launch QR Payment Linkage
On June 18, 2021, Malaysia and Thailand launched a cross-border quick response (QR) payment linkage to enable businesses and consumers from both countries to receive instant QR code payments.
Malaysia Introduces Pemerkasa Plus Economic Stimulus Package
Malaysia’s government has introduced its latest economic stimulus package — Pemerkasa Plus — as a response to the national lockdown measures.
Malaysia’s Central Bank Provides Financing Facility for High-Tech SMEs
Malaysia’s Central Bank has established a 1 billion ringgit (US$241 million) financing facility to support high-tech SMEs impacted by the pandemic.
Reopening of the Malaysia-Singapore Border: Strict Health Protocols to Impact Travelers
As of May 17, visitors from both countries can cross the border for compassionate reasons, such as visiting family members that are critically ill.
Bersama Malaysia: Microsoft Commits US$1 Billion Investment to Establish Data Center in Malaysia
Microsoft is establishing its first data center in Malaysia, which is expected to create 19,000 jobs and generate US$4.6 billion in revenue for the country.
An Overview of Malaysia’s Investment Corridors
Malaysia is home to five investment corridors, which offer their own distinct investment roadmaps.