Malaysia receives impressive support from Germany: Anwar
BERLIN: Malaysia has received impressive support and recognition from Germany’s leaders and captains of industry with potential investments worth RM45.4 billion. “We have registered a very impressive support and commitment for Malaysia, not only among political leaders but also from the businesses,” Prime Minister Datuk Seri Anwar Ibrahim said. On Monday, Anwar held a meeting […]
KWAP makes maiden RM100 mln investments under Dana Perintis strategy
KUALA LUMPUR: Retirement Fund (Incorporated) (KWAP) announced the first batch of investments under its Dana Perintis strategy, amounting to RM100 million, comprising two direct investments in Malaysian startups and two venture capital (VC) fund commitments. In a statement today, KWAP said it has invested in two promising Malaysian companies, Bateriku (M) Sdn Bhd and Lapasar […]
Sarawak chalks highest revenue of RM13.3bil in 2023
BY NATASHA JEE & ALEXANDRA LORNA KUCHING: Sarawak has recorded the highest revenue collection for the year 2023 at RM13.3 billion. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said this showed that Sarawak continued to demonstrate resilience, innovation, and a collective commitment to progress. “At first in November, I was mentioning RM12.7 billion […]
Government’s investment-friendly approach builds confidence
KUALA LUMPUR: Malaysia is expected to receive more investments going forward, supported by investors’ confidence in the Madani Economy framework and offshoots from existing investments, said the Malaysia Semiconductor Industry Association (MSIA). MSIA president Datuk Seri Wong Siew Hai said the investment-friendly approach practised by the current government would attract foreign companies to enter the Malaysian market. “We can see […]
Call to review business policies to attract investments
LABUAN: Stakeholders in Malaysia’s international business and financial centre (IBFC) are calling for a comprehensive review of existing business policies to bolster economic growth and to attract foreign investments. Labuan Chamber of Commerce (LCC) chairman Daniel Doughty said the Labuan Federal Territory has reached a juncture where policy revisions are essential to ensure its sustained […]
Infineon added investments due to confidence in unity govt: Anwar
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim revealed that semiconductor company Infineon Technologies (Infineon) AG had voiced concerns about the country’s political instability when considering additional investments recently. He said, however, after being assured of the strength of the unity government and that it would remain until the end of the term, the German […]
EPF’s 1Q investment income rises to RM15.16 bln
KUALA LUMPUR: The Employees Provident Fund’s (EPF) investment income rose three per cent to RM15.16 billion for the first quarter ended March 31, 2023 (1Q 2023), from RM14.77 billion recorded in the corresponding quarter in 2022. The amount was after netting off listed equity write-downs recorded for the quarter, EPF said in a statement on […]
RM334 billion investments by 2030
KUCHING: The Sarawak Corridor of Renewable Energy (SCORE) is targeting total investments of RM334 billion by 2030 with private investments of RM267 billion and government investments of RM67 billion. In revealing this, Deputy Minister of Economy Datuk Hanifah Hajar Taib said the government hoped to create 2.5 million job opportunities in Sarawak with the economic […]
State recorded RM23 billion investments in two years
KUCHING: Sarawak remains one of the preferred investment destinations for manufacturing projects in Malaysia, said Deputy Premier Datuk Amar Awang Tengah Ali Hasan. According to him, Sarawak recorded RM23.17 billion (USD5.01 billion) in approved investments in 2020 and 2021. “Looking at the business activities that take place between Malaysia and Kazakhstan, there is cooperation between […]
Calling all field experts
KUCHING: The Sarawak Initiatives (TSI) is seeking help to identify experts in several fields who could assist them in shaping their aspiration of creating a Sarawak Identity. Such persons interested in taking part or who can refer TSI to someone they know can email thesarawakinitiatives@gmail.com. TSI is hoping to identify experts in the areas of […]
