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Malaysia: Car sales hit speed bump

PETALING JAYA: Supply-side constraints especially from the chip sector have impeded the growth of the automotive industry. Statistics released by the Malaysian Automotive Association (MAA) showed that ongoing computer chip shortage and the disruption of the supply chain due to the December floods had affected total industry volume (TIV) numbers in January 2022. Proton appeared […]

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Malaysia makes strong start of external trade, posting steady trade balance in Jan, says Public Investment Bank

KUALA LUMPUR, Feb 21 — Malaysia has made a strong start of its external trade, posting another steady trade balance in January, its sixth straight month of positive trade growth. Public Investment Bank Bhd (PIBB), in a research note, said favourable trade condition pushed January’s surplus to jump 10.9 per cent year-on-year (yoy) to RM18.4 […]

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Cambodia-Malaysia Business Forum buoyed by Kingdom’s free and vibrant economy

The Investment Law of Cambodia will be a strong legal and regulatory basis to attract foreign direct investment and help promote Cambodia’s economic growth. Okhna Tan Khee Meng, president of the Malaysian Business Chamber, Cambodia (MBCC) said this at the Cambodia-Malaysia Business Forum co-organised by the Council for the Development of Cambodia (CDC) yesterday. “Cambodia’s […]

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Malaysia records higher exports, trade surplus in January

KUALA LUMPUR: Malaysia’s trade exports continued to expand, rising 23.5% year-on-year (y-o-y) to RM110.73bil in January 2022 on the back of double-digit growth in shipments to major trading partners Asean, China, the US and the EU. In a statement, the International Trade and Industry Ministry (Miti) said exports recorded double-digit expansion for a sixth consecutive […]

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