Malaysian Business

Malaysian Business

Honda Malaysia (or the Company) has set its sights on selling 83,000 units in 2025, aiming to strengthen its market presence with a projected market share of 10.6%. This target is driven by the Company’s strategic business direction for the year, which encompasses the introduction of three new models, including the New Civic launched in January, as well as brand activities to enhance market engagement. The continued strong demand for its existing lineup has also bolstered the Company’s confidence in maintaining its leading position in the industry. 

Malaysia's leading technology retailer, TMT by Thunder Match, marks a significant milestone with the launch of its largest Megastore at Sunway Pyramid. Spanning over 15,000 square feet, this state-of-the-art retail space sets a new standard in the tech retail landscape, representing TMT's vision of transforming how Malaysians discover and experience technology.

ZTE Corporation, a global leading provider of integrated information and communication technology solutions, showcased AI expertise at PLANMalaysia and PERSADA urban planning forums.

Tenchijin announced the launch of “Thermo Earth of Love Project," a proprietary satellite program aimed at enhancing surface temperature monitoring capabilities in January 2025. The company's satellite is scheduled for launch in 2027.

By Associate Prof. Dr. Sabariah binti Yaakub & Ms Aruna Raj Devarajoo

By the end of 2024, the business in Malaysia is flourishing; and the Malaysian economy has achieved a higher growth of 4.2% in the first quarter of 2024 while the inflation has remained moderate. The major economic sectors such as construction, service, manufacturing, and agriculture have grown modestly and are remarkable in comparison to those of 2023. In these sectors, Information and Communication Technology (ICT), E-commerce, and Healthcare and Biotechnology belong to the list of top sectors driving the Malaysian economy this year. The Industrial Production Index (IPI) has also indicated a rise of 5.3% year-on-year. The export trade is also expected to grow by 5% drawing advantage of the free trade agreements (FTAs) as outlined in the New Industrial Master Plan 2030 (NIMP 2030). A total of $9.7 billion in FDI has been announced to provide Malaysian businesses with access to new cloud computing and advanced AI infrastructure. This indicates that Malaysia has maintained a favorable investment climate.

Ultraman fans in Malaysia were in for a treat as Ultraman The Ultra Tour officially kicked off at Sunway Pyramid here today. The highly anticipated event, a collaboration between Tsuburaya Fields Entertainment International Pte. Ltd. (TFEI), One Universal Production Sdn. Bhd. (OUP), and Sunway Malls, brought together generations of fans to celebrate the iconic Ultra Heroes with a thrilling lineup of activities and immersive experiences.

Leading design and renovation platform Atap.co is set to tackle the problem of home renovation scams that have long plagued homeowners, leaving many financially drained and emotionally distressed. In an industry where trust is paramount, Atap.co is taking bold steps to eliminate fraud and restore confidence by providing a secure and transparent platform that connects homeowners with verified interior designer firms.

Crockfords at Resorts World Genting (RWG) has once again distinguished itself as one of the world’s most pre-eminent and stellar hospitality players by securing a 5-star rating in the 67th Forbes Travel Guide (FTG), making it an impressive seventh consecutive year the hotel has attained this honour.

Gamuda Land is taking concrete steps to empower local entrepreneurs  and foster thriving communities through its GL Business Get Set Go initiative. The program  offers financial support, including capital expenditure grants and rental subsidies, to help small  businesses establish and grow within Gamuda Land’s townships. By reducing barriers to entry,  the initiative aims to strengthen the local economy and create vibrant, experience-driven  communities. 

The incidence of illicit cigarettes in Malaysia decreased by 1 percentage point year-on-year to 55.0%, marking the lowest level since the peak of 63.8% in 2020.

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