by Teuvo Tuomi | Jul 19, 2023 | Malaysia, News, Technology
Electric vehicle (EV) manufacturer Tesla has officially started the sales of the Model Y SUV in Malaysia. This model is billed as the company’s first mass-market SUV. Elon Musk, the CEO of Tesla and SpaceX, recently had a virtual meeting with Malaysia’s prime...
by Teuvo Tuomi | Jun 11, 2023 | Indonesia, Business, Economy, Malaysia
Indonesian President Joko “Jokowi” Widodo has called for stronger collaboration with Malaysia to protect palm oil products threatened by a European Union trade law he termed “discrimination”. The European Parliament adopted the new legislation...
by Teuvo Tuomi | Mar 11, 2023 | ASEAN, Business, Economy, Southeast Asia
With the exception of Thailand, the five largest economies in Southeast Asia (ASEAN-5) will show lower growth this year. The main reasons for this are tight financial conditions and weak external demand, according to Atradius. Growth of private consumption and...
by Teuvo Tuomi | Mar 2, 2023 | News, Environment, Malaysia
The number of flood evacuees in Malaysia’s Johor has continued to increase to over 26,000. According to the state disaster management committee, 193 temporary flood relief centers are providing shelter to flood evacuees, especially in the worst-hit Segamat...
by Teuvo Tuomi | Feb 14, 2023 | ASEAN, Economy, Malaysia, News, Southeast Asia
Malaysia has no plans to reintroduce a goods and services tax (GST) or any other broad-based consumption tax, Prime Minister Anwar Ibrahim says. The government will instead look to reduce subsidies enjoyed by the wealthy. Malaysia offers subsidies to all citizens,...
