ASEAN Briefing News

Malaysia-Singapore Economic Relations: Trade and Investment Outlook

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Malaysia and Singapore’s strong trade, strategic projects, and sector collaborations enhance regional growth and connectivity, positioning them as key ASEAN players.

Malaysia Plans New Port on Malacca Strait

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Malaysia plans to build a new container port in the state of Negeri Sembilan on the western coast of the Malay Peninsula and facing the Malacca Strait.

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

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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?

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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

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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.

Malaysia’s Public Holidays for 2024

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Malaysia’s multicultural population acknowledges a number of key holidays from a number of cultures. This includes Christmas Day, Deepavali, and the Islamic New Year.

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

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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

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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

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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

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

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