by Teuvo Tuomi | Dec 29, 2023 | Economy, Malaysia, News
The rebound in demand for tech products could help Malaysia’s trade grow in 2024. However, risks of an economic slowdown in the United States and China could result in uneven demand, according to economists. The Statistics Department yesterday revealed Malaysia’s...
by Teuvo Tuomi | Dec 21, 2023 | Malaysia, Economy, News
Malaysia’s economy is expected to improve, with gross domestic product (GDP) growing by 4.5-5.5% in 2024 from an estimated 4% this year, according to RAM Rating Services Bhd (RAM Ratings). The economy is expected to benefit from a potential turnaround in external...
by Teuvo Tuomi | Dec 3, 2023 | ASEAN, Finland, Indonesia, Malaysia, Singapore, Technology, Thailand
Singapore has been in the top five of the IMD World Digital Competitiveness Ranking for several years, ending up third this year. The island nation excels in technology and the regulatory, capital, and technological frameworks. Finland was once again placed among the...
by Teuvo Tuomi | Nov 24, 2023 | Malaysia, Lifestyle, Travel
The “Jewel of Kedah” is losing its shine. The number of visitors to Langkawi has been shrinking since September, and the island will likely miss its visitor arrivals target this year by at least half a million. Since September, the island saw a month-on-month drop of...
by Teuvo Tuomi | Sep 12, 2023 | ASEAN, Asia, Business, Malaysia, Philippines, Southeast Asia, Thailand, Vietnam
Asian countries dominate the new “Best Countries for Starting a Business in 2023” report. All top three are Asian, and six out of ten best are from the continent. The best Southeast Asian country on the list is Thailand, placed second. More than 17,000 people...
by Teuvo Tuomi | Sep 9, 2023 | News, Food & Drinks, Malaysia
In an effort to address the shortage of locally-produced rice, the Malaysian government has implemented a restriction on the sale of local white rice, limiting purchases to 100kg per customer, says the Agriculture and Food Security Minister Datuk Azman Mahmood. This...
