The World Semiconductor Trade Statistics (WSTS) organisation unveiled its latest projections early this month, forecasting significant growth for the global semiconductor market in 2024 and 2025.

Global Semiconductor Market poised to sustain solid growth in 2025

Malaysia’s workforce is evolving rapidly, thanks to technology and globalisation. Key sectors like technology, healthcare and financial services are driving demand for specialised skills such as artificial intelligence (AI), cybersecurity and data analytics.

Adapting to tech and talent demands

In October, the government announced incentives to jump-start the special economic zone in Forest City. One particular announcement that caught attention was the zero tax rate for family offices, a term rarely heard of in Malaysia as the regulatory framework for such firms did not exist. Essentially, family offices handle investment and wealth management for wealthy families.

Rise of the family office

Even as birth rates fell further in South Korea and Singapore, where less than one baby is born to every woman of reproductive age, Malaysia’s total fertility rate (TFR) surprisingly inched higher to 1.7 in 2023 from a record low of 1.6 in 2022.

Demographic squeeze : Declining birth rates and the rising burden of eldercare

Ideas, initiatives and innovation form the basis of any effort to actualise goals and targets. Ideally, sustainability is embedded into the business case of every investment decision made by the company.

10 steps to frame your business case

While Malaysia is consolidating returns on previous infrastructure investments, leveraging its established expertise in electronics, semiconductors and data centres, political shifts and the gradual outflow of talent could impact future economic progress, according to the 9th edition of e-Conomy SEA by Google, Temasek and Bain & Co.