Penang
Intel invests over $7 billion in new chip plant in Malaysia
US chip manufacturer Intel will invest 30 billion ringgit ($7.1 billion) in a new state-of-the-art facility for advanced semiconductor packaging technology at its existing...
Bangkok now second most expensive city to live in Southeast Asia
Thailand’s capital Bangkok has now become the second most expensive city to live in within ASEAN, only beaten by Singapore, according to a new...
Malaysia hopes to welcome 30 million tourists by 2020
Malaysia's Ministry of Tourism, Arts and Culture is targeting 30 million tourist arrivals in Malaysia by 2020, state news agency Bernama reported.
Deputy tourism minister...
Durian crisis in Malaysia: Prices for the fruit fall as low as to RM1
Durian prices have dropped dramatically in Malaysia due to an oversupply caused by hot weather, vendors say. Reports came in from markets in Kedah...
Moody’s forecasts sharp decline in Malaysia property prices
US credit rating agency Moody's Investors Service in a new country report expects a substantial decline in property prices in Malaysia in the event...
Malaysia to limit new luxury property developments
The Malaysian government said it will allow luxury property developments, defined as such with a price tag of above one million ringgit ($241,000) per...
Chinese buyers’ appetite for Malaysian property growing
Malaysia is becoming increasingly popular among China's home buyers who are looking for properties at an ideal price range of between 1.2 million and...
Malaysia, Singapore once again top Muslim travel index
Malaysia and Singapore in the Global Muslim Travel Index 2015 (GMTI) once again made it to the top of the best Muslim travel destinations...
California’s SanDisk sets up $370m Penang plant
SanDisk Corp is putting up a $370 million manufacturing plant in Penang, which is scheduled to start production in March 2015. SanDisk, a leading...
Malaysia to hunt down 500,000 illegal foreigners
On September 1, 2013, Malaysia will launch its biggest-ever crackdown to hunt down an estimated 500,000 illegal immigrants, foreign workers without permits and visa...
Offset sought for Penang’s shrinking manufacturing exports
Penang, Malaysia's production hub for semiconductors and computer parts, is making efforts to shift its regional economy partly to construction to offset a decline...
Top 10 escapes from the Singapore haze
Travel search site Skyscanner has taken a look at where Singaporeans fly in an attempt to escape the haze that covered the city state...
Sarawak saw $1b investment in Jan, Feb
Sarawak attracted around $1 billion in investment in the first two months of 2013, the highest among the states in Malaysia, according to the...
Taiwan 4th largest investor in Malaysia
Taiwan ranked as the fourth-largest foreign investor in Malaysia as of the end of 2012, behind Japan, the US and Singapore, the country's Department...
Singapore largest investor in Iskandar
Singapore companies are the largest foreign investors in Malaysia's Iskandar project, the main southern development corridor in Peninsular Malaysia.
According to latest statistics provided by...
Floods halt business in Manila, Penang
Monsoon season in Southeast Asia has ushered in devastating rains, halting business in Manila and affecting thousands in Georgetown, Penang.
Major traffic arteries in Metro...
Manufacturers set sights on Penang
The tropical, ethnic-Chinese-majority state of Penang is experiencing a growth spurt in manufacturing as a result of Japan’s devastating earthquake and Thailand’s floods last...
Penang a place to live, work and invest
Penang is the third largest economy among all states in Malaysia. Its focus on high-tech, services and tourism is attracting a large number of domestic and foreign investors, says Chief Minister Lim Guan Eng.
Latest
Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...