Corporate News


QUOTE OF THE MOMENT:

“Trivial matters take up more time because we know more about them than important matters.” – Steiner’s Postulate

Malaysia moves up two spots to 23rd in the WEF’s Global Competitiveness ranking

According to data from the World Economic Forum’s Global Competitiveness Report 2017-2018, Malaysia has edged up two places to 23rd out of more than 130 countries.

Related News:

Malaysia moves up two spots in WEF’s Global Competitiveness ranking

Read more: The Star

Original Source:

World Economic Forum’s Global Competitiveness Report 2017-2018

Read more: World Economic Forum

Penang is listed as one of the most budget-friendly Asian destinations

According to Time magazine, Penang is ranked as one of the top 10 amazing Asian vacations that won’t cost a fortune over almost 50 other popular destinations in Asia. “Penang island’s diverse attractions – white sandy beaches, large resorts, quiet fishing villages and a bustling urban centre – are a steal right now,” the magazine said in its report.

Related News:

‘Time’ lists Penang among most budget-friendly Asian destinations

Read more: The Star

Penang in list of top 10 amazing Asian destinations

Read more: Free Malaysia Today

Original Source:

10 Amazing Asian Vacations that Won’t Cost a Fortune

Read more: Time Magazine

Kuala Lumpur and Johor Bahru amongst top tier cities in the world.

Two of Malaysia’s cities have been listed in the Globalization and World Cities Research Network  (GaWC) Rankings 2016. The GaWC world-class city ranking system is the world’s most authoritative city ranking. Kuala Lumpur was listed in the first-tier ranks amongst other cities such as Sydney, Frankfurt, Seoul, Los Angeles and others. In a news report by The China Press , Johor Bahru was listed amongst the top fourth-tier cities in the world by GaWC.

Related news:

2016 World Cities Ranking, Johor listed amongst top fourth-tier cities.

Read more: China Press

Original source:

The World According to GaWC 2016.

Read more: GaWC 2016

Five Malaysian universities listed among the world’s top 300 best universities.

Reported in The New Straits Times and The Star, five Malaysian universities has made the top 1% of universities worldwide in the world ranking list for the year 2017/2018 by Quacquarelli Symonds (QS). The listed universities are University Malaya (114th), Universiti Putra Malaysia (229th). Universiti Kebangsaan Malaysia (230th), University Teknologi Malaysia (253th) and Universiti Sains Malaysia (264th).

“The Ministry of Higher Education is confident that the strategic plans outlined in the Malaysia Education Blueprint 2015-2025 will allow our universities to be among the world’s best 100 universities earlier than expected,” said the Higher Education Minister Datuk Seri Idris Jusoh.

Related news:

Malaysia now home to five of world’s top 300 universities.

Read more: New Straits Times

Five Malaysian public research varsities listed in top 1% universities worldwide.

Read more: The Star Online

Original source:

QS World University Rankings 2018.

Read more: Quacquarelli Symonds (QS)

Malaysian cities among the cheapest in the world for expatriates.

According to reports from The Star and The Malay Mail online, Malaysian cities have maintain their position as among the cheapest in the world for expatriates. It was also mentioned that the cost of living gap between Malaysia and Singapore has widened over the last 12 month. This year in the region, KL ranked 54th most expensive country compared to Singapore which ranked 10th. “Cities in Malaysia continue to rank amongst those with the lowest cost of living for international assignees in the world, and have even become marginally cheaper over the past five years,” stated Lee Quane, Regional Director – Asia ECA International.

Related news:

Malaysian cities among the cheapest in the world for expats

Read more: The Star Online

Three Malaysian cities beat Singapore as best bang for buck worldwide

Read more: The Malaymail Online

Original source:

Gap increases between Singapore and Malaysian cities in global cost of living rankings

Read more: ECA International

Forbes: Malaysia tops the list in Asia’s 5 Best Countries for Foreign Investors

Various news portals reported that Malaysia has been named by Forbes as the top recipients of foreign direct investment in Asia. In comparison to 2015, Malaysia recorded an increase of 64% in foreign capital. Other top countries in the rankings are Singapore, Vietnam, Indonesia, and India. The article also stated that the current Malaysian government is considered pro-business and the country offers tax breaks on capital expenditures for R&D, exempts duties on imports used by high-tech firms and offers a 10-year tax break up to 70% for companies in priority sectors such as tourism, manufacturing and technical training.

Related news

Forbes: Malaysia one of top Asia’s recipients of foreign direct investment.

Read more: New Straits Times

Forbes: Beyond Singapore and Vietnam, Malaysia as the best country for foreigners to make investments in Asia.

Read more: Nan Yang

Original source:

From India To Indonesia, These Are Asia’s 5 Best Countries For Foreign Investors.

Read more: Forbes

Malaysia at No. 1 Spot in Global Muslim Travel Market.

According to reports by The Star, The Malay Mail Online and Sin Chew Daily Malaysia has been ranked the most popular destination with global Muslim travelers for third year by the Mastercard Crescent Rating Global Muslim Travel Index (GMTI) 2017. The respondents ranked Malaysia ahead of 130 other major nations at 82.5 follow by the United Arab Emirates and Indonesia respectively. According to the research, the Muslim travel market is expected to grow a further US$80bil (RM346.4bil) to reach US$300bil (RM1.3 trillion) by 2026.

Related news:

Malaysia at top spot in global Muslim travel market.

Read more: The Star Online

Survey: Malaysia stays in top spot for Muslim tourist.

Read more: The Malaymail Online

Malaysia ranked the first among 130 countries globally, favorite destination of Muslim tourists.

Read more: Sin Chew Daily

Original source:

Mastercard Crescent Rating Global Muslim Travel Index (GMTI) 2017.

Read more: Crescent Rating

Malaysian passport ranked 4th most powerful in the world.

The Malaysian passport is ranked the fourth most powerful in the Global Passport Power Rank 2017 by a financial advisory firm, Arton Capital – reported by The Sun Daily. Malaysia is tied with seven other countries including Austria, Belgium, Japan, the Netherlands, Luxembourg, Portugal and Switzerland which provides its holders visa-free access to 156 countries. The Malaysian passport has also improved its position with an overall visa-free score (VFS) of 156 from 154 and fifth ranking in January this year.

Related news:

Malaysian passport ranked fourth most powerful in the world.

Read more: The Sun Daily

Malaysian passport ranked fourth most powerful in the world.

Read more: The Star Online

Malaysia’s passport, now fourth most powerful globally.

Read more: The Malaymail Online

Original source:

Global Passport Power Rank 2017.

Read more: Passportindex.org

Malaysia ranked 2nd most competitive tourism destination among South-East Asia by WEF

According to the Travel and Tourism Competitiveness Report 2017 by World Economic Forum’s (WEF) , Singapore topped the table among the nine nations in South-East Asia with Malaysia second, followed by Thailand and Indonesia.

Globally, Malaysia dropped one spot from 2015 to be placed 26th among 136 countries, although it improved on its overall performance from various indicators by rising from 4.41 points in 2015 to 4.50 in 2017.

Related news:

Malaysia ahead of Thailand in WEF’s travel and tourism competitiveness index

Read more: The Star

WEF ranks Malaysia second in region for tourism edge

Read more: Malay Mail Online

Original Source:

The Travel & Tourism Competitiveness Report 2017

Read more: World Economic Forum

MyIHAB, world’s first halal ecosystem solution

Malaysia has developed a system to fully integrate online registration and management system that further empower the halal industry.

Known as the Malaysia International Halal Authorities and Bodies System (MyIHAB), it is a fully centralised database under the Malaysian Islamic Development Department (Jakim)’s Halal Ecosystem Solution and first of its kind.

According to the New Straits Times, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said this was a starting point for Malaysia to move forward towards establishing an International Halal Accreditation Board in the near future.

Related news:

Malaysia develops MyIHAB, first Jakim’s halal ecosystem solution.

Read more: New Straits Times

MyIHAB to integrate online registration with Jakim’s database.

Read more: The Star Online

MyIHAB pertama di dunia.

Read more: Utusan Malaysia

Gurney Drive listed among “Best streets for tourists to visit around the world” by Traveller

Penang has made the tourism headlines again after Gurney Drive was listed in the “Best streets for tourists to visit around the world: 25 to see before you die” list by Traveller, an Australian travel resource.

Gurney Drive was in 13th place which is sandwiched by Hollywood Road in Hong Kong at 12th and The Dark Hedges of Northern Ireland at 14th.

Related news:

Gurney Drive listed among best streets to visit around the world

Read more: The Sun Daily

Original Source:

Best streets for tourists to visit around the world: 25 to see before you die

Read more: Traveller

Malaysia Ranked 4th Happiest Country in Asia

The Star reports Malaysia is now the fourth happiest country in Asia by the World Happiness Report 2017. It was also found that Malaysia is in the 42nd place among 155 nations, five places up from last year’s report.

Right on top of this year’s World Happiness Report was Norway who managed to jump into first position, followed by Denmark, Iceland and Switzerland.

Related news:

Malaysians are fourth happiest in Asia.

Read more: The Star Online

Smile! Malaysia is 4th happiest country in Asia.

Read more: New Straits Times

Malaysia moves up five sports in world’s happiest country index.

Read more: The Star Online

Malaysians among top 50 happiest nationalities in the world.

Read more: The Malaymail Online

Original source:

World Happiness Report 2017

 

 

KLIA’s immigration service voted world’s best by Skytrax

Malaysia’s airport immigration service has been named the best in the world by airline passengers. The Skytrax World Airport Awards, also known as the Passengers Choice Awards, ranked Kuala Lumpur International Airport’s (KLIA) immigration service as first in the world, beating Hong Kong International Airport (ranked second), and Tokyo International Airport (Haneda) at third place.

Related news:

KLIA’s immigration service voted world’s best

Read more: The Star Online

KLIA immigration service voted best in the world at Skytrax annual awards

Read more: The Malaymail Online

KLIA Immigration service voted the best in the world

Read more: Malaysia Outlook

Original source:

The World’s Best Airports for Passenger Immigration Services

Read more: Skytrax World Airport Awards

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