KL Singapore HSR high speed rail
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Malaysia approves a Singapore Rail Link, for now

SINGAPORE: Malaysia’s new government has called into question the future of multibillion-dollar rail projects since Tun Dr Mahathir Mohamad took power in May. Now it appears to be ready to proceed with at least one. The Malaysian cabinet has given in-principle approval for a rail project linking Johor Baru in the southernmost tip of the […]

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Young and jobless in Malaysia

AS the global economy continues to recover, labour force is improving, albeit at a slower pace. Global unemployment in 2018 is projected around 5.5%, slightly better than 2017’s reading of 5.6% on the back of a better global GDP outlook, with an expected growth of around 3.6% in 2018 from 3.3% in 2017. Youth unemployment, […]

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Malaysia: Minimum wage at RM1,500 receives mixed reactions

KUALA LUMPUR (Aug 2): The minimum wage rate of RM1,500 expected to be gazetted this month has received mixed reactions from different organisations within the country. Malaysian Trade Union Congress (MTUC) president Datuk Abdul Halim Mansor said it fully supported the increase in minimum wage increase over the next five years, provided there was no […]

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Malaysia: June exports up 7.6% on-year but below forecast

KUALA LUMPUR: Exports expanded by 7.6% year-on-year (y-o-y) to RM78.66bil in June, extending its growth for four consecutive months, driven by electrical and electronic (E&E) products, while China continuing to be a strong market. However, the increase in exports was below a Bloomberg survey of 11.5%. RAM Ratings expected Malaysia’s export growth to pick up […]

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