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Malaysia: Oil and Gas Industry Facing More Layoffs

Malaysia’s oil production and reserves have experienced marginal growth in recent years, despite being the second largest producer of oil in South East Asia, and having the fourth largest reserves in Asia. The country’s gas production continues to trend upward, though holding steady in recent years. Malaysia remains one of the world's largest producers of liquefied natural gas (LNG)....

Malaysia: Finance Industry Ramps-Up Attraction and Retention Efforts for Key Financial Positions Amid Aims for Growth

The financial sector is an integral component of the Malaysian economy, and key governmental and regulatory agencies have an eye to expand this important sector in the future. The Financial Services NKEA (National Key Economic Area) is aiming for the financial services industry to contribute RM 180.2 billion to the country’s GNI and create 275,400 new jobs by 2020....