[ KUALA LUMPUR: The Malaysian Investment Development Authority (MIDA) plays an instrumental investment facilitator role in removing obstacles for prospective investors, said Investment, Trade and Industry (MITI) Minister Tengku Datuk Seri Zafrul Abdul Aziz. He noted that MIDA, which was established in 1967, has now transformed into Malaysia’s key investment promotion and marketing agency, a … Read more
[ KUALA LUMPUR: Malaysia has secured potential investments worth RM46 billion and potential Malaysian exports valued at RM2.4 billion from its recent trade and investment mission to Germany and France. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, who was leading the mission, said among notable companies engaged during the mission were … Read more
[ BERLIN: New investment interests arising from the roundtable and one-on-one meetings with Prime Minister Datuk Seri Anwar Ibrahim here are worth a potential RM45.4bil, says Tengku Datuk Seri Zafrul Abdul Aziz. The Investment, Trade and Industry Minister said the potential investments encompassed new as well as expansion and diversification projects. “The potential investments are … Read more
[ KUALA LUMPUR: The Maharani Energy Gateway project, with a total investment of US$2 billion, to be built in Muar, Johor, is set to promote Malaysia’s green energy initiatives further and boost the country’s trade and investment opportunities with Chinese companies, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. The Maharani … Read more
[ KUALA LUMPUR: The Ministry of Investment, Trade and Industry (MITI) of Malaysia and the Ministry of Investment of the United Arab Emirates (UAE) have strengthened their commitment on advancing investment cooperation in the digital infrastructure sector. MITI said both parties have signed a memorandum of understanding (MoU) today, marking a strategic partnership on the … Read more
[ KUALA LUMPUR: Malaysia’s economy is expected to benefit from the semiconductor exports, lifted by the global technology upcycle, as well as strong momentum in the tourism sector in 2024, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz. He noted that the country is cautiously optimistic this year, backed by … Read more
[ KUALA LUMPUR: The Ministry of Investment, Trade and Industry (MITI) will formulate a strategic plan to increase green investment and make Malaysia a major regional green investment hub and destination. Its Minister, Tengku Datuk Seri Zafrul Tengku Abdul Aziz, said the plan aims to achieve net zero carbon as early as 2050 in line … Read more
[ KUALA LUMPUR: The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has helped to boost foreign direct investment (FDI) into the country, with Malaysia’s cumulative FDI rising by RM14.9 billion to reach RM914.9 billion at the end of the third quarter (3Q) of 2023. Investment, Trade And Industry Minister Tengku Datuk Seri Zafrul Abdul … Read more
[ KUALA LUMPUR: Malaysia recorded negative trade growth in November 2023 with a 2.4% decline in overall trade to RM231.79bil over the same month in 2022. In a statement, the Ministry of Investment, Trade and Industry (Miti) said exports during the month contracted 5.9% year-on-year (y-o-y) to RM122.1bil while imports grew 1.7% y-o-y to RM109.69bil. … Read more
