As part of a broad national strategy to promote itself as a prime tourism destination, Malaysia has ramped up efforts to court Chinese visitors with a series of initiatives.
While a slowing of economic growth and uncertainty over global market conditions are expected to cool Malaysia’s insurance industry this year, regulatory reforms could drive expansion in the medium term.
While the first six months of 2016 have brought mixed results, Malaysia’s economy is expected to give an improved performance in the second half of the year, especially as remedial measures introduced by the government gain momentum.
Its strategic location beside the Strait of Malacca makes Malaysia an ideal distribution base of seaborne cargos for the Asia-Pacific region. A prime example of this is that Maersk, the world’s largest container shipping line, has a 30% equity stake in the Port of Tanjung Pelepas, Malaysia’s primary container terminal, after shifting all of...
Since the passing of the Islamic Banking Act (IBA) 1983 (repealed 2013), and the establishment of the first Islamic bank, Bank Islam Malaysia Berhad, in the same year, Malaysia has become a market leader in modern Islamic finance. Its success is the culmination of efforts by various stakeholders: government, regulators, industry players,...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.Register Here×