The global halal market represents a significant economic opportunity, and Malaysia has established itself as a central player in this rapidly expanding sector. Through strategic planning and systematic development, the nation has cultivated a comprehensive halal ecosystem that extends well beyond traditional food products. This framework encompasses pharmaceuticals, cosmetics, financial services, and logistics, positioning Malaysia…
Report: 2026 Budget to feature rationalised subsidies and targeted aid
Malaysia’s upcoming 2026 federal budget is expected to establish a critical framework for the nation’s economic direction during the initial phase of the 13th Malaysia Plan. According to a joint analysis by the KSI Strategic Institute for Asia Pacific and the Economic Club of Kuala Lumpur, this budget will serve as a key indicator of…
Expanding global markets for local halal small businesses
Malaysia is strengthening its position in the global halal market through targeted support for small and medium enterprises. The Halal Development Corporation Bhd (HDC) has introduced the Halal Home Grown Champion – Sourcing Partnership Program (HSPP), a multi-faceted initiative designed to elevate local companies to international standards. This program addresses key areas such as certification,…
Effective leadership’s core is purpose
Effective leadership requires more than just setting goals and delegating tasks; it demands a clear articulation of the underlying purpose that guides every decision. When leaders communicate the fundamental reasons behind their vision, they foster a deeper connection with their teams. This approach helps employees understand how their individual contributions support broader organizational objectives, creating…
Johor real estate surges as RM56b investments fuel major developments
The property sector in Johor has experienced a notable upswing during the first half of 2025, largely driven by major infrastructure developments and cross-border economic cooperation. This expansion is supported by projects such as the Johor-Singapore Special Economic Zone, the Rapid Transit System Link, and new electric train services, which together are enhancing the state’s…
Japanese investors show robust interest in Johor at 2025 Osaka Expo
Johor is intensifying its efforts to establish itself as a leading investment destination, following productive discussions with several prominent Japanese corporations at the recent Johor Week event during Expo Osaka 2025. The state delegation, led by key officials, engaged in targeted meetings that highlighted Johor’s strategic advantages and its appeal to international investors looking for…
Going beyond GDP: Assessing what really counts
A fundamental shift is underway in how nations evaluate their prosperity, moving beyond traditional economic metrics to encompass environmental and social well-being. For decades, Gross Domestic Product (GDP) has served as the primary barometer of a country’s economic health, measuring the total market value of goods and services produced. While useful for tracking economic activity,…
Ringgit forecast to hover between 4.21 and 4.23 against US dollar next week
The Malaysian ringgit is projected to move within a tight band against the US dollar in the coming week, influenced by domestic demand and upcoming economic indicators from the United States. Key data releases, including US employment figures, are anticipated to guide market sentiment and currency movements. This outlook reflects a balance between local support…
Sijil halal Jakim diraih restoran, kafe, dan bistro IKEA Malaysia
In a significant move for its food and beverage operations, all IKEA restaurants, cafés, and bistros across Malaysia have now been formally certified halal by the Department of Islamic Development Malaysia (Jakim). The official certification, announced on Wednesday, provides national recognition for the company’s long-standing commitment to halal practices. This development is expected to further…
US and EU seal trade pact with auto tariff cut to 15%
In a significant shift for transatlantic commerce, the United States has formally reduced its tariff on automobiles imported from the European Union. The new rate of 15%, which applies retroactively to shipments from August 1, finalizes a trade framework agreed upon earlier this year. Official documentation outlining the adjustment was published by US trade authorities…