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RM14.1bil FDI inflows to Penang last year despite pandemic
PENANG recorded RM14.1bil in total approved manufacturing investments despite the trying times last year, said Chief Minister Chow Kon Yeow.
Penang third highest manufacturing FDI recipient in 2020, says CM
GEORGE TOWN: Penang recorded RM14.1bil in total approved manufacturing investments last year, the Chief Minister says.
Hoteliers laud move to relax international borders
Business travellers an important part of tourism economy
Approved investments at RM164bil in 2020
KUALA LUMPUR: Malaysia recorded RM164bil in approved investments through 4,599 projects in the manufacturing, services and primary sectors in 2020, with China as the top investor, according to the Malaysian Investment Development Authority’s (Mida) data.
Azmin: Malaysia remains a competitive destination for investors
KUALA LUMPUR: Malaysia continues to be a competitive investment destination despite the current uncertainties, proven by its rankings in the global economic scene, said Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.
China's Nine Dragons Paper investing RM5.4bil in Malaysia
KUALA LUMPUR: Nine Dragons Paper (Holdings) Ltd, the largest paperboard producer in Asia, is investing RM5.4bil into two manufacturing facilities in Malaysia.
Asean News Headlines as at 7pm on Tuesday (March 2)
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Tuesday (March 2)
China’s Nine Dragons Paper to invest RM5.4b in paper mill, factory
KUALA LUMPUR: China’s Nine Dragons Paper (Holdings) Ltd will invest up to RM5.40bil, involving the acquisition of a mill, and a factory to focus on paper products in Malaysia, endorsing the country’s attractive investment environment and business friendly policies.
MIDA: Malaysia records RM164b investments, China top investor
KUALA LUMPUR: Malaysia recorded RM164bil in approved investments through 4,599 projects in the manufacturing, services and primary sectors in 2020 with China the top investor, according to the Malaysian Investment Development Authority's (MIDA) data.
Summary of business news from Feb 22 to 28
Highlights of last week’s stories – Genting, AirAsia, telecommunications, AMMB
