malay02
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Indonesian ride hailing Go-Jek examining whether to come to Malaysia

Indonesia’s ride hailing Go-Jek is examining whether to operate in Malaysia, co-founder Kevin Aluwi said. The firm, which has launched its services in Singapore, Vietnam, and Thailand in 2018, is examining whether to expand to Malaysia, Aluwi said. Ride-hailing services in Southeast Asia are expected to surge to almost $30 billion by 2025 from $7.7 billion in 2018, according to a Google-Temasek report. It is in […]

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malay01
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Malaysia: Lower price for cars?

KUALA LUMPUR: The International Trade and Industry Ministry (Miti) might be looking towards a reduction in excise duties for vehicles, which will, in turn, result in a reduction in car prices. While there may be less revenue for the government from a reduction in excise duties, this can be compensated by a larger sales volume. […]

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malay01
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Malaysia seeks new contractor for East Coast Rail Link

KUALA LUMPUR: Malaysia is seeking a new contractor to build the East Coast Railway Link (ECRL), after terminating the original contract awarded to China Communications Construction Company (CCCC) on Tuesday (Jan 22), a source told The Straits Times. It is understood that the government is seeking to halve the estimated project cost of RM81 billion (S$27 billion) […]

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Malaysia ranks 12th among Vietnam’s foreign investors in 2018

KUALA LUMPUR — Malaysia ranked 12th among the countries and territories investing in Vietnam in 2018 with total registered capital hitting US$435.54 million, according to the Vietnamese trade office in Malaysia. The country pumped $254.76 million into 41 new investment projects in Vietnam from the start of 2018 to December 20, while its investors added $27.47 million in total to their capital at […]

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