• Thu
  • Aug 21, 2014
  • Updated: 12:37pm
Malaysia Country Report

Export-led growth to drive economy

Malaysia's economy grew above expectations in the last quarter of 2013 and the outlook for this year is stable as long as the country is able to withstand internal and external factors, according to one analyst.

Monday, 24 March, 2014, 3:22pm

Melaka Gateway heralds new era

A 246-hectare area in the state of Melaka, comprising man-made eco-islands, entertainment resorts and theme parks, is Malaysia's next mega-project designed to boost the country's tourism industry by attracting high-end consumers.

24 Mar 2014 - 3:20pm

Nation charges into diversifying, expanding its energy sector

Malaysia has big plans to power up its energy sector with diversified investment in oil and gas, hydroelectric power in Borneo and rare earth. The country is striving to become a major international centre for oil and gas production by 2017, having launched this vision in 2001 with the formation of the Malaysia Petroleum Resources under the department of Prime Minister Najib Razak.

24 Mar 2014 - 3:18pm

Opening Sabah's treasure troves

Some 20 metres from the shores of Sipadan Island in Sabah, Malaysia, the coral reef suddenly drops 1,000m to 2,000m. Divers perched atop the edge of the reef wall can watch from a distance of 10m thousands of swirling barracudas, mating hawksbill sea turtles and many other marine creatures.

24 Mar 2014 - 3:10pm

SDC offers winning formula for business

It is an exciting time for business in Sabah. The United States-based restaurant giant Darden has started a US$1.6-billion pilot project to grow lobsters in the Malaysian state. As this unfolds, ready-built factories in the Kota Kinabalu Industrial Park (KKIP) have been sold out, prompting the government to develop more with the private sector. Real estate prices have also been upbeat. With inquiries from investors worldwide, especially from Hong Kong, property quotes in Kota Kinabalu have remained robust. Land values along the Sembulan River, for example, continue to strengthen.

24 Mar 2014 - 3:05pm

SEDIA plays key role in state's progress

It is the year 2025 in Sabah. A strong manufacturing alongside a vibrant tourism sector has quadrupled gross domestic product. The success of various economic clusters has created wealth reaching far into the hinterlands. As a transshipment hub for the world especially for Asia and the Brunei Darussalam-Indonesia-Malaysia-the Philippines East Asean Growth Area, the Sapangar Bay Container Port supports a wide range of industries from the traditional palm oil to nanotechnology.

24 Mar 2014 - 3:01pm

Lifestyle aspirations take shape in E&O properties

Eastern & Oriental (E&O) strengthens the Malaysian property market as a choice second-home destination among high-net-worth individuals from the region and beyond. Every new trend it establishes draws more and more foreign buyers to Malaysia, where foreign ownership of landed properties and freehold titles is encouraged by 10-year visa grants to foreign property buyers.

24 Mar 2014 - 12:57pm

RHB Banking Group banks on Asean business to boost overseas earnings

Malaysia's fourth-largest financial services group, the RHB Banking Group (RHB), is set to become one of Asia's leading multinational financial institutions by 2020. The banking group has grown its asset base from 104.5 billion ringgit (HK$247 billion) in 2008 to 191.1 billion ringgit in 2013 and increased its pre-tax profit from 430 million ringgit in 2006 to 2.5 billion ringgit in 2013.

24 Mar 2014 - 12:48pm

Tropicana's resort-style projects set urban living benchmark

Imagine living in a lush tropical retreat and stepping out to work at a prime business location just nearby. For Tropicana Corporation, this almost idyllic picture is not just a fanciful architectural rendering, but a concrete reality. The residential and commercial developer has been Malaysia's pioneer in building outstanding resort-like developments where people can live, work and play.

24 Mar 2014 - 12:39pm

London Biscuits delights Asian palates with tasty selections

London Biscuits has perfected the recipe for developing products that excite the palates of consumers. Satiating the Malaysian appetite for high-quality and delectable snacks for more than 20 years, London Biscuits takes the next step as it continues to expand its product lines and increase its production capacity. This is to achieve the company's goal to earn the distinction of being among Asia's leading snack manufacturers.

24 Mar 2014 - 12:34pm

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