MIDA, a vital instrument to remove obstacles for prospective investors – Tengku Zafrul

[ 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

Malaysia remains attractive to global investors amid strong ecosystem – Tengku Zafrul

[ BERLIN: Despite competition from other ASEAN countries, Malaysia continues to stand out as a prime destination for global investors, boasting a robust ecosystem forged over the past five decades, particularly within the electrical and electronics industry. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia also stands to benefit from … Read more

Digital economy attracts up to 70% of Malaysia’s RM225bil approved investments: Tengku Zafrul

[ KUALA LUMPUR: Almost 70 per cent of Malaysia’s RM225 billion approved investments are in the digital economy, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. In a recent interview with United States-based news network, CNN, he explained that Malaysia has what it takes to power artificial intelligence (AI) and bring … Read more

Maharani Energy Gateway to promote national green energy initiatives

[ 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

Tron Bradbury Energy to establish regional EV hub in Malaysia Vision Valley

[ PORT KLANG: Tron Bradbury Energy (Malaysia) Sdn Bhd (TBE) will establish a regional electric vehicle (EV) hub in Malaysia. Towards the hub development, the EV automotive and battery manufacturer signed a memorandum of understanding (MoU) with asset managers Bradbury Asset Management (Hong Kong) Ltd in a ceremony here today. The construction of the hub … Read more

Malaysia’s economy to benefit from higher demand in semiconductors, tourism in 2024 – Tengku Zafrul

[ 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

MITI to formulate strategic plan to increase green investment

[ 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