Premier holds investment meeting in Dubai
KUCHING: Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg held a meeting with Mubadala Investment Company in Dubai, United Arab Emirates to explore avenues for collaboration between the Sarawak government and Mubadala. According to a post on TVS Facebook official wall on Wednesday, UAE Investments Platform chief executive officer (CEO) and Mubadala Investment Company […]
Malaysia secures RM37.4 bln investment commitments in digital sector
PETALING JAYA: Malaysia has secured over RM37.4 billion in investment commitments in the digital technology sector as of August 2023, promising the creation of at least 15,895 high-value jobs, said Communications and Digital Minister Fahmi Fadzil. He said that this remarkable achievement reflects foreign investors’ confidence in Malaysia Digital (MD), the national strategic initiative driving […]
The rise of BNPL economics
Investment is indeed a crucial driver of economic growth, as it generates employment opportunities and raises the standard of living. It is the role of the government to create a favourable business environment that attracts investments, both from domestic and foreign investors. Indeed, Malaysia’s share of foreign direct investments in the ASEAN region has decreased […]
Fundamentals and financial position determining factor for investment
INVESTMENTS by the state in a listed stock are based on a thorough analysis and assessments of the company’s fundamentals, finances, and potential prospects and growth. Deputy Premier and Second Minister for Finance and New Economy Datuk Amar Douglas Uggah Embas said this in his ministerial winding-up speech today when responding to issues raised by […]
Mining sector to open up 5,300 jobs
SARAWAK’S mining sector will be able to generate investments to the tune of RM6.7 billion, especially in the midstream and downstream industries by 2030. Second Natural Resources and Urban Development Minister and Deputy Premier Datuk Amar Awang Tengah Ali Hasan said the state government was confident the sector would bloom with plans implemented under the […]
Sarawak still attractive to investors
KUCHING: Sarawak continues to remain as one of the most attractive places for investment in Malaysia despite the Covid-19 pandemic. Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said last year alone the state had secured RM15.7 billion worth of approved investments. “We are not resting on our laurels and are continuing to engage […]
Loans for future investments
KUCHING: Despite the Covid-19 pandemic, Amanah Saham Bumiputera (ASB) loans continue to be important for future investments, said Steve Richard Hamit. The CIMB Bank Berhad Saradise BDC branch manager said that there are various profitable investment instruments and ASB loans are one of them. “Unlike the ordinary ASB saving which only requires a minimum investment […]
