State-owned energy firm Petronas has returned to Malaysia’s capital markets for the first time since 2009 with what is expected to be the first of several issues aimed at boosting its fiscal reserves.
Malaysia
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Rising domestic demand should drive growth in Malaysia’s insurance sector this year, despite economic headwinds, but the highly competitive market could see a further round of mergers as larger operators consolidate their position.
Economic update | Malaysia gearing up for auto growth
26 Jan 2015
Automotive sales are set to accelerate in Malaysia this year with increased investment in production and greater emphasis on fuel-efficient vehicles, though a number of adverse factors such as a new goods and services tax (GST) as well as the strengthening US dollar may weigh on demand.
Economic update | Malaysia Year in Review 2014
31 Dec 2014
Economic growth will slacken in Malaysia at the end of the year, continuing into 2015 as revenues from oil and other commodities plummet, but structural reforms will help mitigate these effects as well as lower debt.
Major investments in Malaysia’s 2015 budget are set to strengthen the ICT sector by funding infrastructure expansion and providing support for both research and development (R&D) and private sector training.
The tourism industry in Sarawak is in the spotlight as sporting events and cultural festivals are being showcased as part of the wider Visit Malaysia (VMY) 2014 tourism campaign. However momentum must be continued beyond this year’s festivities in order to attract further tourism revenue and investment.