by Teuvo Tuomi | Mar 18, 2024 | ASEAN, Malaysia, News, Travel
The Malaysian Aviation Commission (Mavcom) has announced that all travelers departing from Kuala Lumpur International Airport 1 (KLIA1) will have to pay RM73 (S$21) from 1 June. Currently, those leaving for other ASEAN countries are charged RM35, while those going to...
by Teuvo Tuomi | Mar 17, 2024 | Malaysia, ASEAN, Business, Indonesia, Philippines, Society, Southeast Asia, Thailand
The Philippines has the highest number of women in senior management positions in the world, 43%, according to a recent Grant Thornton survey. Filipino companies have consistently ranked near the top in the surveys, including second in 2023, fourth in 2022, and first...
by Teuvo Tuomi | Mar 16, 2024 | Malaysia, Economy, Food & Drinks, Trade
Malaysia maintains its export tax for crude palm oil at 8% for April and raised its reference price, the Malaysian Palm Oil Board confirms. The export tax structure starts at 3% for crude palm oil in a 2,250 to 2,400 ringgit-per-ton range. The maximum tax rate is set...
by Teuvo Tuomi | Mar 11, 2024 | Malaysia, Lifestyle, News, Reports
Malaysia has been listed as the fifth happiest country in the world by the Global Mind Project’s fourth annual “Mental State of the World” report. Topping the list was the Dominican Republic, followed by Sri Lanka, Tanzania, Panama, Malaysia, Nigeria, Venezuela, El...
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...
