ASEAN Briefing News

Insights into Malaysia’s Standing in the 2024 Emerging Asia Manufacturing Index


The Emerging Asia Manufacturing Index 2024 report published by Dezan Shira & Associates provides insights into the factors that influence the manufacturing sector in emerging Asian countries such as Malaysia.

Malaysia’s Sales and Service Tax Increase: What Industries are Impacted?


Malaysia has officially increased the sales and services tax rate from six percent to eight percent, which will impact several industries such as finance and leisure.

Malaysia’s Revised Residency Program: Tackling Cost Concerns


Malaysia’s government revised its residency program, the Malaysia My Second Home program, and eased the requirements by which foreigners are eligible for the residency permit.

Unlocking Opportunities: Malaysia Removes Visa Requirements for Chinese and Indian Travelers


Malaysia has removed visa requirements for Chinese and Indian travelers as the country aims to boost its tourism industry.

Malaysia Imposes Tax on the Import of Low Value Goods


As of January 1, 2024, Malaysia has imposed a new 10 percent sales tax on the import of low-value goods sold online in the country.

Singapore and Malaysia Plan Joint Special Economic Zone in Johor State


Singapore and Malaysia are partnering to create a special economic zone in Malaysia’s Johor state, adjacent to the Singaporean border.

Malaysia’s Semiconductor Sector Beckons Foreign Investors


Malaysia wants to develop its semiconductor industry beyond assembly and testing into more value-added production such as integrated circuit design.

Promising Sectors for Investments in Malaysia’s Economic Corridors


Malaysia’s economic corridors offer foreign businesses ample opportunities to invest in sectors that have transformed the country into a leading economic power in Southeast Asia.

Malaysia’s Budget 2024: Impact for Individuals


Malaysia’s 2024 budget brings forth structural alterations that will notably impact businesses and individuals.

Malaysia’s Economic Corridors: A Guide for Foreign Investors – Latest Issue of ASEAN Briefing Magazine


In this ASEAN Briefing issue, we outline Malaysia’s economic corridors, delve into investor incentives, and highlight promising sectors for investment within these corridors.

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