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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.
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Opportunities in Malaysia’s Rubber Glove Industry
The upsurge in global demand for PPE presents many scalable opportunities in Malaysia’s rubber glove industry.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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An Overview of Malaysia’s Investment Corridors
Malaysia is home to five investment corridors, which offer their own distinct investment roadmaps.
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