Mida keeps close tabs on China, Taiwan PV makers


Mida deputy chief executive officer Datuk Phang Ah Tong(pic) told StarBiz that this was because Mida did not want Malaysia to be used as a transhipment point for China and Taiwan-made PV cells and panels to enter the United States, as the latter had imposed anti-dumping duties on PV products originating from China and Taiwan.

GEORGE TOWN: The Malaysian Investment Development Authority (Mida) is adopting a cautious stand on investments by photovoltaic (PV) solar manufacturers from China and Taiwan.

Mida deputy chief executive officer Datuk Phang Ah Tong told StarBiz that this was because Mida did not want Malaysia to be used as a transhipment point for China and Taiwan-made PV cells and panels to enter the United States, as the latter had imposed anti-dumping duties on PV products originating from China and Taiwan.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , MIDA , manufacturing , china , us , transhipment , shares , stocks , klci ,

Next In Business News

Matrix Concepts completes fourth round of food aid programme
Stocks wobble, dollar tips as Trump-Fed feud deepens
AIBIM appoints Rafe Haneef as president
Foreign investors turn net buyers with RM42.5mil equities inflow last week
Trading in Sunway, IJM shares suspended pending anouncement
FBM KLCI maintains rally as risk appetite improves
Trading ideas: Capital A, Iconic, UEM, MMAG, Meta Bright, KKB, Global Oriental, Reneuco, ITMAX, Insights Analytics
Ringgit opens marginally lower as US policy repricing lifts DXY
JPMorgan poised to profit from Maduro arrest
Malaysia can rest easy for now

Others Also Read