As part of a broad national strategy to promote itself as a prime tourism destination, Malaysia has ramped up efforts to court Chinese visitors with a series of initiatives.
Malaysia
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While a slowing of economic growth and uncertainty over global market conditions are expected to cool Malaysia’s insurance industry this year, regulatory reforms could drive expansion in the medium term.
While the first six months of 2016 have brought mixed results, Malaysia’s economy is expected to give an improved performance in the second half of the year, especially as remedial measures introduced by the government gain momentum.
A cooling domestic economy and uncertainty over the pace of global recovery could slow the rebound of Malaysia’s automotive sector, which has seen sales decline year-to-date.
Interviews & Viewpoints | Ahmad Lutfi Abdull Mutalip, Partner, Azmi & Associates, on reforms to Islamic banking legislation: Viewpoint from The Report: Malaysia 2016
Since the passing of the Islamic Banking Act (IBA) 1983 (repealed 2013), and the establishment of the first Islamic bank, Bank Islam Malaysia Berhad, in the same year, Malaysia has become a market leader in modern Islamic finance. Its success is the culmination of efforts by various stakeholders: government, regulators, industry players,...
Interviews & Viewpoints | Philip Teoh, Partner, Azmi & Associates, on regulations regarding investment in transport and logistics: Viewpoint from The Report: Malaysia 2016
Its strategic location beside the Strait of Malacca makes Malaysia an ideal distribution base of seaborne cargos for the Asia-Pacific region. A prime example of this is that Maersk, the world’s largest container shipping line, has a 30% equity stake in the Port of Tanjung Pelepas, Malaysia’s primary container terminal, after shifting all of...