Asia Economy

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Since Iskandar Malaysia, one of five regional growth corridors in the country, was first mooted a decade ago, it has attracted investments in property development, not just in residential but also in industrial, commercial and hotels.

 

The Sabah Development Corridor (SDC) was launched in 2008 and covers the whole of Sabah. It is now entering its third phase of development, which is likely to create more opportunities for foreign investors, particularly in the areas of tourism, hydrocarbons and palm oil-related ventures.

 

One of the largest of Malaysia’s 13 states, Sabah is banking on an economic development strategy that aims to make the most of its strategic position in the South China Sea, the beauty of its landscape and the riches of its natural environment. The plan centres on the Sabah Development Corridor (SDC), one of five economic development zones...

 

The year 2015 will be remembered as the moment when the Malaysian government embarked on an ambitious and uncharted course to replace oil revenues with a consumption tax known as the goods and services tax (GST), which is set at 6%. According to the 11th Malaysia Plan (11MP), the introduction of the GST is expected to bring in a revenue stream...

 

The five-year development plan 11th Malaysia Plan (11MP), which runs from 2016 to 2020, was launched in 2015 and is considered to be the final and decisive step in Malaysia’s long journey to realise its aspirations of becoming an advanced economy. This will mean increasing its GDP per capita to surpass the critical threshold of $15,000....

 

Despite a heated domestic debate on the costs and benefits of the Trans-Pacific Partnership agreement (TPP), the Malaysian government has been forging ahead with its plan to join the US-led regional trade agreement, which is expected to have a high impact on export and import flows. A comprehensive document, the TPP covers 30 chapters, ranging...

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