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Malaysia’s current accounts surplus hits nine-year high to RM62.1 bln

Malaysia posted a current account surplus of RM62.1 billion in 2020, the highest in nine years, steered by a favourable performance of the goods account, and narrower deficit in primary income and secondary income, said the Department of Statistics Malaysia (DoSM). Its chief statistician Datuk Seri Dr Mohd Uzir Mahidin said amid the COVID-19 crisis in 2020, […]

Malaysia’s traders anticipated a sales boom before Chinese New Year, but the MCO has dented their hopes

Traders in Kuala Lumpur and beyond who were anticipating a busy season in the lead up to Chinese New Year are now bracing themselves for potential losses, after the government again enforced a Movement Control Order (MCO) in almost all states to tackle a soaring number of COVID-19 cases.  When CNA visited the thoroughfare of Petaling Street… […]


Sweden and Malaysia have jointly launched the Digital Health Innovation Challenge, inviting local start-ups to help address the prevalence of non-communicable diseases in the country. The initiative is a collaboration between Team Sweden comprising the Embassy of Sweden, Business Sweden and AstraZeneca and Team Malaysia comprising Sunway iLabs, Malaysian Global Innovation and Creativity Centre (MaGIC) and Malaysia Digital Economy […]

Malaysia doubles Pfizer COVID vaccine order as it locks down anew

Malaysia has committed to purchasing an additional 12.2 million doses of the Pfizer-BioNTech COVID-19 vaccine — on top of 12.8 million doses already lined up — as surging infections force a reintroduction of tight restrictions in some areas. The procurement deal will give Malaysia enough Pfizer shots to inoculate about 39% of its population, the […]

How Malaysia E&E Industry Benefited from the China-US Trade War (Part 2)

By Charles F. Moreira, Editor [Part 1 of the article can be found HERE] According to Penang Deputy Chief Minister I, Datuk Ahmad Zakiyuddin Abdul Rahman, the state was not affected by the weakening ringgit and InvestPenang is attracting more foreign investments. However, only one company,  Osram Opto Semiconductors (Malaysia) in Penang and Kulim had […]

How Malaysia E&E Industry Benefited from the China-US Trade War (Part 1)

By Charles F. Moreira, Editor Malaysia’s electrical and electronics (E&E) industry grew by leaps and bounds after semiconductor giant Intel opened its first integrated circuit production plant outside the United States in Penang’s Bayan Lepas Free Trade Zone in 1972 Others such as Broadcom,  Dell, Motorola, National Semiconductor, other U.S. and Asian E&E manufacturers and […]

Malaysia agrees to buy 12.8 million doses of Pfizer’s COVID-19 vaccine

 Malaysia has agreed to buy 12.8 million doses of Pfizer’s COVID-19 vaccine, becoming the first country in Southeast Asia to announce a deal with the US drugmaker after some expressed reservations over the need for ultra-cold storage. While final trial data showed that Pfizer’s vaccine is 95 per cent effective, many Asian countries are not betting on […]

Tesco scales online offerings to help Malaysians safely get their essentials

Tesco Malaysia has scaled its offerings on its official store on Shopee by 200 items, bringing its total product assortment to over 3,000. This is on the back of stay-home efforts encouraged by the Government, where most Malaysians are observing the Conditional Movement Control Order. “No one tries harder for customers than we do, here […]

30% of Malaysians expected to be vaccinated against COVID-19 next year: PM Muhyiddin

A total of 9.6 million people or 30 per cent of Malaysia’s population are expected to be vaccinated against COVID-19 next year, Prime Minister Muhyiddin Yassin said on Saturday (Nov 28).  He noted that the government has signed two agreements for the procurement of COVID-19 vaccines… To read more: https://www.channelnewsasia.com/news/asia/covid-19-malaysia-vaccine-30-per-cent-population-muhyiddin-13657684 SOURCEl CNA (4)

J&T Express Engages Array Networks to Address Surge in Courier Demand

Array Networks Inc, a network functions platform company shares that Malaysian courier J&T Express Malaysia has deployed Array’s APV Series ADC (Application Delivery Controllers) solution to address the surge in demand for their courier operations. Johnny Huang, IT Project Manager of J&T Express Malaysia shares, “Back in March, when the Movement Control Order (MCO) first […]


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