Home Tag "malaysia"

Japan’s Terra Drone Sets Up in Malaysia

Terra Drone Corporation (TDJP), a Tokyo-based technology company and one of the global leaders in the Unmanned Aerial Vehicles (UAV) total solutions provider and enabler, is now officially in Malaysia.  Based in Technology Park Malaysia, TDMY will be providing drone survey, inspection and industrial services for multiple industries such as Oil & Gas, Telecommunications, Power, […]

Malaysia’s Short-term Economic Recovery Plan

By Amarjeet Singh, EY Asean and Malaysia Tax Leader On 5 June 2020, the Prime Minister unveiled the RM35 billion Short-Term Economic Recovery Plan (“Plan”). This Plan was unveiled against the backdrop of a pessimistic global economic outlook and a steep decline in Malaysia’s economic growth projections for 2020, from 4.8% to -2% to 0.5%. […]

India resumes purchases of Malaysian palm oil

Indian buyers have resumed purchases of Malaysian palm oil after a four-month gap following a diplomatic row, with buying spurred by a fall in domestic inventories and discounted prices, trade sources said. Read more at:https://economictimes.indiatimes.com/news/economy/foreign-trade/india-resumes-purchases-of-malaysian-palm-oil-traders/articleshow/75821854.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst (3)

CPO PRICES PERK UP AFTER POSSIBLE END OF SAFEGUARD DUTY

By Charles F. Moreira, Editor Crude Palm Oil (CPO) prices listed by the Malaysian Palm Oil Board (MPOB) perked up to RM2,432.00 per tonne on 4 March 2020, after having trended steadily downwards to low of RM2,377.50 the day before. Also, prices per tonne of oil palm fresh fruit bunches (FFB) which had been trending […]

India Restricts Malaysia’s Microprocessor and Telecoms Imports

By Charles F. Moreira, Editor Hot on the heels of news of India’s restriction on imports of refined palm oil which broke on 8 January 2020,  a week later The Times of India of 15 January reported that India’s government is looking to restrict the import of microprocessors in retaliation for Malaysian Prime Minister, Tun […]

Philippines opens trade office in KL

 The Philippine Government has signified its intent to scale up economic partnership with Malaysia with the opening of an economic promotions office in Kuala Lumpur. Called the Philippine Trade and Investment Centre – Kuala Lumpur, the office will assist Malaysian companies and businessmen explore and pursue economic opportunities in the Philippines, as well as Philippine […]

The National eCommerce Strategic Roadmap

The Ministry of International Trade and Industry recently revealed its National E-commerce Strategic Roadmap in this video. The roadmap aims to double e-commerce contribution to the GDP from 10.8 percent to 20.8 percent by the year 2020. It outlines 6 strategic thrust areas that include accelerating seller adoption of e-commerce, increasing adoption of e-commerce for procurement […]

China-M’sia trade at RM191 billion for Jan-Oct 2016 period

From January to October 2016, trade to China was recorded at RM191.65 billion and exports were at RM77.4 billion. During the same period, trade to ASEAN was valued at RM328.58 billion and exports to ASEAN remained strong at 4.2 percent or RM7.62 billion to reach a value of RM188.27 billion, compared to RM180.65 in the […]

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