A collection of 7 posts
Singapore’s business environment is set to face multiple challenges in 2025, with small and medium enterprises (SMEs) expecting continued pressure from rising costs and declining productivity. Meanwhile, the Singapore Exchange is undergoing a leadership shake-up as it seeks to revive its struggling equities market. Economic forecasts have been adjusted
Malaysian Prime Minister Anwar Ibrahim has assured that state-owned oil company Petronas will uphold all its contractual obligations with Sarawak’s Petroleum Sarawak Berhad (Petros) in Parliament on 17 February, addressing concerns over the companies’ ongoing negotiations. Petronas will "maintain all existing domestic and international contractual obligations", Anwar
Singaporean delivery app Grab contributed 0.5% to Malaysia’s GDP in 2023, according to a new report by Kuala Lumpur-based advisory firm Econworks. The platform created up to MYR 9.9bn (USD 2.24bn) from 277,237 earning opportunities, generating MYR 3.7bn in household income, the report says,
Amazon Web Services (AWS) has expanded its presence in Singapore with a second corporate office at IOI Central Boulevard, positioning the city-state as its Asia Pacific hub. The new office spans over 33,000 square metres across 8 floors and can accommodate up to 3,000 employees. AWS, a subsidiary
Singaporean Trade and Industry Minister Alvin Tan said companies can use the Johor-Singapore Special Economic Zone (JS-SEZ) as a manufacturing and processing base while keeping their headquarters and research operations in Singapore, in Parliament on 5 February. Singapore and Malaysia agreed to establish the Johor-Singapore Special Economic Zone (SEZ) last
The digital sectors of Thailand, Malaysia, and Singapore contributed to a 24% regional increase in profits in 2024, reaching USD 11bn, according to a new report. Thailand and Malaysia strategic cost measures in e-commerce and digital finance, optimising take rates and reducing customer subsidies to improve margins. In Thailand, e-commerce
Turkey plans to double its annual trade with Malaysia, Turkish President Recep Tayyip Erdogan said in Putrajaya, on 10 February, the first day of his two-day visit to Malaysia. Bilateral trade between Turkey and Malaysia last year was MYR 24.13bn (USD 5.4bn), up 18.7% year-on-year, according to