Medical devices, aviation sectors expect to see greater investment growth
KUALA LUMPUR: The American Malaysian Chamber of Commerce (AmCham Malaysia) expects the medical devices and aviation sectors to see greater investment growth moving forward, backed by tremendous sustainability growth in the electrical and electronics (E&E) industry. AmCham Malaysia chief executive officer Siobhan Das said as both sectors are almost complementary to the base industry of […]
Services sector reform crucial for Malaysia
KUALA LUMPUR: It is crucial for Malaysia to reform its services sector in order to achieve advanced services and innovations for its future economic growth post Covid-19, said Dr Aaditya Mattoo, chief economist of the East Asia and Pacific Region of the World Bank. He is of the view that some restrictions imposed by the […]
Clamour for gold heats up
Sales jump after gold prices drop BY NOOR SYAHHIRA HADY & SARAH HAFIZAH CHANDRA KUCHING: Since the recent drop in gold prices, goldsmith shops, located in the heart of Kuching City, have been flooded with customers. The price of 916 or 22 carat gold is now RM265 per gramme while the price of 999 or […]
RM51.9 bln worth of investment over 5 years for manufacturing sector
STATE’S manufacturing sector has accumulated over RM51.9 billion of investment for the past five years, said Assistant Minister of Industries and Investment Datuk Malcolm Mussen Lamoh. He explained that the coordination of all investment relating to manufacturing sector was navigated under an existing committee which comprises few state and federal agencies. “The committee comprises the […]
Tourism needs business events
MIRI: The business events segment is vital to the transformation of the state’s tourism industry, said Tourism, Arts and Culture Minister Datuk Abdul Karim Rahman Hamzah. “Everything we do in the business events industry today is an investment. The value of business events is greater than the tip of the iceberg,” the minister explained at […]
Malaysian who ran Mandela’s polls campaign
By Datin Nikki Lugun On April 2015, in South Africa, one Asian stood out among heads of governments, ministers of state, ambassadors and other eminent commanders-in-chief to receive the nation’s highest award, Order of the Companions of O. R. Tambo. Tan Sri Datuk Seri Paduka Limkokwing was the only Asian and Malaysian at that event […]
Timely investment for religious harmony
KUCHING: With the Unit for Other Religions’ (Unifor) direct contribution towards religious harmony including providing financial assistance to various houses of worship, Roman Catholic Archbishop of Kuching, Most Reverend Simon Poh, believes that it is indeed a timely decision for the state government to invest in a permanent building for Unifor. “This Unifor Complex is […]
‘Unifor needs to be appreciated’
KUCHING: As long as the government is able to focus on balanced rural-urban development, one should appreciate the investment put into the Unit for Other Religions (Unifor) Complex, said Datuk Richard Wee. The Federation of Kuching, Samarahan and Serian Divisions Chinese Associations president said that there may be many different viewpoints with regard to the […]
Tiong vows to deepen Malaysia-China ties
KUCHING: Newly appointed Prime Minister’s Special Envoy to China Datuk Sri Tiong King Sing said he will strive to promote trade and investment activities between Malaysia and China. He would also support the robust exchange of culture and arts between both nations, he said in a statement yesterday. Towards this endeavour, he welcomed comments and […]
Tabung Haji’s investment restructuring strategy bears fruit
KUALA LUMPUR: Despite the flagging world economy and an ongoing trade war, the investment restructuring strategy adopted by Lembaga Tabung Haji (TH) since last year has saved the institution from being badly impacted. TH group managing director and chief executive officer Datuk Nik Mohd Hasyudeen Yusoff said more than half of TH’s assets had been invested […]