News & Reviews:   malaysia government

Recently, the government has signed an MoU with 5 local companies to help further develop this industry and increase the number of professional workers in the industry. It is expected that the 5 companies could capture 7% share of the global semiconductor market. That said, what should you know about it?

More than 11 years after the plane went missing, the search for it will resume on December 30. So, what should you know about it?

Housing and Local Government Minister Nga Kor Ming is now quoted as saying the government is considering exempting local authority parking fees (PBT), specifically for electric vehicles. This move is expected to further increase the rate of electric car use, especially in cities.

Housing and Local Government (KPKT) Minister Nga Kor Ming today announced that the government is currently developing a big data analytics-driver Super App for housing development. Meant as a reference tool for developers, buyers and architects for new housing development projects, the Super App will launch in 2025.

Communications Minister Fahmi Fadzil has issued a warning to telco companies in Malaysia to not charge customers extra for 5G access. He added that the government would consider taking action against them should this happen.

Previously, we reported on Indonesia’s move to ban TikTok’s e-commerce platform, TikTok Shop in the country. Now, the same move may end up being enforced in Malaysia too, as the government has announced that it is studying whether something similar should be done here.

The Malaysian Government may introduce a new incentive specific for the B40 group in the country to purchase electric vehicles (EVs) in Budget 2024. Such an incentive was touted by the Ministry of Investment, Trade and Industry (MITI), but will only apply to purchases of e-motorcycles.

Back in April, it was decided that a second 5G network in Malaysia. This creates competition for DNB, which local telcos are keen for. Chinese 5G equipment makers are in consideration for the second network and could proceed despite warnings from Western countries.

Today, the Malaysian government announced that the 5G network in Malaysia will continue to be implemented through Digital Nasional Berhad (DNB). However, DNB was given a timeframe until the end of 2023, when it reaches 80% coverage in subsidised areas.

To make electric vehicles (EVs) accessible to the masses, our Malaysian government is planning to only import EVs below RM100,000 only. This is so that EVs are not only for the high-income group but for the middle-income group too.