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NIA an answer to our foreign investment outflow
PETALING JAYA: Amid mounting criticism on the exit of foreign investments out of Malaysia, the government has approved the National Investment Aspirations (NIA) framework to attract high-quality investments into the country and create high-income jobs.
Economic reforms aligned with global benchmarks
KUALA LUMPUR: The government has ensured that economic reforms are aligned with global benchmarks, including the environment, social and governance (ESG) goals.
Widad, Bin Zayed to jointly develop RM40bil Widad@Langkasuka
KUALA LUMPUR: Widad Business Group (WBG) has signed a collaboration agreement with Bin Zayed International (BZI) LLC to jointly develop a mixed development project known as Widad@Langkasuka in Langkawi worth RM40 billion.
MITI to look into US' forced labour claim by Top Glove
KUALA LUMPUR: International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said the ministry will investigate allegations of forced labour that was being used by Top Glove Corp Bhd.
Too early to assume RCEP won't benefit Malaysia, Azmin says
RCEP, which is expected to be ratified in 2022, would provide greater market access to local industry players and opportunities for them to be more globally competitive.
Centre at KLIA for short-term foreign business travellers
SEPANG: A Business Travellers Centre (BTC) has been set up at KL International Airport (KLIA) to facilitate the entry of foreign business travellers.
Azmin: Govt to introduce new national investment policy
Mohamed Azmin said it was decided that a proposal to introduce new incentives to attract foreign investors into Malaysia will be further discussed with the MoF.
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.
