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Investments worth RM64.8bil approved in H1
KUALA LUMPUR: Malaysia received RM64.8bil worth of investments in the manufacturing, services and primary sectors for the first six months of the year despite multiple headwinds on the global front.
MIDA approves 1,725 projects worth RM64.8b in 1H
KUALA LUMPUR: Malaysia garnered a total of RM64.8 billion worth of investments in the manufacturing, services and primary sectors for the first six months of 2020 (H1 2020), despite multiple headwinds on the global front.
Driving national renewable energy agenda with solar roadshow
THE Malaysian Photovoltaic Industry Association (MPIA) has launched MPIA Solar Roadshow 2020-2021 to heed the call for higher adoption of renewable energy.
Nylex to double ethanol production capacity
KUALA LUMPUR: Nylex (Malaysia) Bhd said wholly owned subsidiary Fermpro Sdn Bhd has obtained an approval from Malaysian Investment Development Authority (MIDA) to double its ethanol production capacity.
Customs to collect import duties from previously exempted firm
PETALING JAYA: The Customs Department was ordered to immediately collect a total of RM50.46mil from a company that was wrongfully exempted from paying alcohol import duties.
Customs Dept ordered to immediately collect RM50.46mil from company wrongly exempted from alcohol duties
PETALING JAYA: The Customs Department was ordered to immediately collect RM50.46mil from a company that was wrongfully exempted from paying alcohol import duties, said the 2019 Auditor-General’s Report.
Exclusive: Tencent’s entry lights up cloud computing segment
GREEN Packet Bhd’s signing this week with global Internet giant Tencent Cloud to be the latter’s partner for cloud computing in Malaysia is likely to have fired up the race of a business that has made billions in revenue for global players like Amazon, Microsoft and Google
Attracting investments
REVIVING private investment is crucial to sustain economic recovery for Malaysia. Both domestic direct investment (DDI) and foreign direct investment (FDI) are needed to spur economic growth, create jobs and expand exports.
Kedah looking to bounce back
SEVEN homegrown companies based in Kedah Rubber City (KRC), Kulim Hi-Tech Park and Langkawi have secured investment commitments worth RM3.06bil, which will create over 1,400 new jobs.
MIDA promotes AI among SME
KUALA LUMPUR: The Malaysian Investment Development Authority (Mida) has partnered with Axiomtek to help local companies, particularly small and medium enterprises (SMEs), embrace Artificial Intelligence (AI) and move up the value chain.
