Economic Updates: Malaysia

Domestic demand and exports fuel Malaysian growth

Malaysia | 2 Sep 2014
Domestic demand and exports fuel Malaysian growth

The economy defied expectations in Malaysia by maintaining a high level of growth in the first half of 2014 at 6.3%, according to new figures released in mid-August, though any weakening in exports could see the rate of expansion ease marginally towards the end of the year and into 2015.

Malaysia and China look to boost two-way trade

Malaysia | 18 Aug 2014
Malaysia and China look to boost two-way trade

A diplomatic approach towards regional issues has strengthened Malaysia’s efforts to boost trade and investment ties with China, setting the scene for the two countries to roll out an ambitious programme of increased financial cooperation.

Merger plans set to transform Malaysian banking sector

Malaysia | 8 Aug 2014
Merger plans set to transform Malaysian banking sector

Plans by three of Malaysia's biggest lenders to merge into the country's largest bank conglomerate have thrown a spotlight on the health of the industry.

Malaysia braces for impact of solar energy expansion

Malaysia | 18 Jul 2014
Malaysia braces for impact of solar energy expansion

The future of solar energy in Malaysia received a powerful boost on June 16 with the commissioning of the country’s largest solar power plant to date. The project’s operator, Malaysia-based Amcorp Group, awarded the production of the power plant’s solar panels to Chinese manufacturer Yingli Green Energy Holding Company. The project spans an area of almost 14 ha and will require some 40,000 photovoltaic (PV) units, which are estimated to produce 13.6m KWh of electricity annually.

Malaysia’s tourism sector aims to blow past headwinds

Malaysia | 7 Jul 2014
Malaysia’s tourism sector aims to blow past headwinds

A strong showing by Malaysia’s tourism industry in the first three months of the year may be offset by an expected drop-off in arrivals from China. But officials and travel bodies remain confident that any cooling in sentiment from the mainland will ease by the latter part of the year, giving the sector a lift in the final quarter.

Moving ahead with Malaysia's trade pacts

Malaysia | 24 Jun 2014
Moving ahead with Malaysia's trade pacts

Malaysia’s leadership is forging ahead with plans for entry to the US-led Trans-Pacific Partnership (TPP) despite domestic concerns that the multilateral trade agreement will negatively impact some domestic sectors and international concerns over delays in its progress.

High hopes for low-cost air in Malaysia

Malaysia | 11 Jun 2014
High hopes for low-cost air in Malaysia

Malaysia’s transport sector marked a major milestone in early May when a new terminal for the rapidly growing budget air-travel business opened at Kuala Lumpur International Airport (KLIA).