K KL Herald

Kuala Lumpur's trusted voice for news, politics and business.

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#malaysia-economy

107 stories tagged

Malaysia's Economic Strength Masks a Political Puzzle

Malaysia's economy is performing robustly with 5.8% second-quarter growth and strong manufacturing output, yet the government faces mounting political pressure and state-level losses. The disconnect reveals a challenge: economic competence does not automatically translate to electoral support.

· · 5 min read

Malaysia One Step Away From High-Income Status, Says Ramanan

Malaysia has reached its highest gross national income per capita of USD12,380, placing it within striking distance of the World Bank's USD14,376 threshold for high-income nation classification by 2027, Human Resources Minister Ramanan said.

· · 4 min read

Agrobank Targets 10,000 Halal Entrepreneurs in Five-Year Push

Agrobank has launched Halal@Agrobank, a comprehensive initiative aimed at developing 10,000 entrepreneurs over five years. The programme offers financing, certification support, and market access to help agrifood SMEs tap into the expanding global halal ecosystem.

· · 4 min read

eFishery scandal exposes gaps in audit oversight, warns Anwar

Prime Minister Anwar Ibrahim has highlighted critical failures in Malaysia's audit system, noting that three leading audit firms approved a RM163.4 million KWAP investment in eFishery without detecting fraudulent activities that later emerged.

· · 4 min read

Alipay+ Transactions In Malaysia Nearly Double To RM824 Million In 2025

Digital payment transactions through Alipay+ by foreign visitors to Malaysia surged nearly 90 percent to RM824 million in 2025, with transaction volumes climbing 60 percent to 10.5 million. The Ministry of Finance attributes the growth to enhanced payment infrastructure benefiting tourism and local traders.

· · 4 min read

AI Should Expand Workforce Capacity, Not Replace Workers, Says Sim

Entrepreneur and Cooperatives Development Minister Steven Sim has cautioned Malaysian businesses against deploying artificial intelligence primarily as a cost-cutting measure, advocating instead for AI to serve as a workforce capacity enhancer while maintaining human talent investment.

· · 4 min read