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Malaysia and Singapore to Boost Cybercrime Cooperation in Cross-Border Crime Agreement

Key Takeaway: Cybercrime will be included in Malaysia-Singapore cross-border crime cooperation , as the two countries prepare to renew their Memorandum of Understanding (MOU) on the matter. Malaysia’s Home Minister, Datuk Seri Saifuddin Nasution Ismail, announced that cybercrime will be a new focus in Malaysia-Singapore cross-border crime collaboration . The updated MOU will be signed on Nov 14 during Saifuddin’s meeting with Singapore’s Minister of Home Affairs and Law, K. Shanmugam. This move reflects the growing threat of cybercrime , which costs ASEAN an estimated US$64 billion annually. The agreement emphasizes capacity-building, intelligence-sharing, and joint operations as vital components for addressing cybercrime. The exchange of MOU documents will occur at the Annual Leaders' Retreat on Dec 8 in Malaysia, which will be attended by the prime ministers of both nations. Saifuddin also highlighted plans to discuss border congestion issues and will visit Singapore’s Immi
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Malaysia Eyes Regional Hub Status for EV Manufacturing in Asean

Malaysia is set to leverage its 40-year experience in automotive production and a robust semiconductor sector to position itself as a regional hub for electric vehicle (EV) manufacturing in Asean, Deputy Minister of Investment, Trade, and Industry Liew Chin Tong announced.

Highlighting Malaysia's significance as the sixth-largest exporter of semiconductor products, Liew emphasized the strategic potential of integrating the automotive and semiconductor industries to create locally designed automotive chips. During his recent visit to Detroit, he noted how global automotive manufacturing was impacted when Malaysia’s semiconductor production slowed during the pandemic, underscoring Malaysia’s vital role in global chip supply.

The government’s ambitious EV adoption targets aim for EVs to constitute 20% of total industry volume (TIV) by 2030, 50% by 2040, and 80% by 2050. Liew encouraged manufacturers to see electrification as both a business opportunity and a national agenda to reduce petroleum dependency—Malaysia being the 21st largest net importer of petroleum.

With global EV trends showing rapid growth, Liew urged for bold, innovative approaches, saying, “Achieving 20% of TIV by 2030 is feasible but requires coordinated effort and outside-the-box thinking.”

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