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 […]
Malaysia remains favoured investment destination among investors
KUALA LUMPUR: Malaysia remains as a favoured investment destination among investors and foreign nationals, with the global perspective focusing on the vaccination rollout and the increased immunisation level in the country. Crisis Comm analyst Peter Nicoll said there was better movement in the Malaysian market earlier this week but much focus was on the US […]
Gold hits record high on haven demand as markets rally sputters
HONG KONG: Gold hit a record high Monday as investors rushed into the safe-haven on concerns about China-US tensions, a spike in virus infections around the world and a lack of progress on a new stimulus Bill in Washington. After months of healthy rallies across equity markets — fuelled by trillions of dollars in government […]
Bursa Anywhere mobile app adds new features
KUALA LUMPUR: Bursa Malaysia Bhd has rolled out a new set of features on its “Bursa Anywhere” mobile application (app), allowing investors to apply for new Central Depository Services (CDS) accounts and register for e-Dividends using the app. In a statement today, the exchange said the app makes it easy for investors to manage their […]
Riot says will fulfil special envoy duties well
SERIAN: The appointment of Serian MP Datuk Seri Richard Riot Jaem as the Prime Minister’s Special Envoy to East Asia is a boost for Serian in many ways. According to Riot, his responsibilities included bringing in investors from Japan, South Korea and Taiwan into the country. As a Sarawakian, Riot said it was also his […]
Maybank IB Issues New put warrants, call warrants
KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) has issued four new European style cash-settled put warrants and four new European style cash-settled call warrants over the ordinary shares of CIMB Group Holdings Bhd, Genting Malaysia Bhd, My E.G. Services Bhd and SP Setia Bhd respectively, with tenors of approximately seven months and an issue […]
PM welcomes foreign investors for new national cars
KUALA LUMPUR: Malaysia is open to foreign collaborations for the development of new national cars under the National Automotive Policy 2020 (NAP 2020), as the government does not intend to invest in the industry, moving forward. As such, the government would welcome investors with foresight with regards to the future of motor vehicles, said Prime […]
Move to woo more Brunei investors
Sarawak trade and tourism office in Brunei mulled MIRI: The state government is planning to pull in more investments into the state. This includes establishing a Sarawak trade and tourism office in Brunei (Statob), similar to what was set up in Singapore to export Sarawak’s agricultural products. Chief Minister Datuk Patinggi Abang Johari Tun Openg […]
Political stability, resources attract investors
By Syafik Ahmad LIMBANG: Sarawak is progressive in its development approach including in the way it handles foreign investments. Chief Minister Datuk Patinggi Abang Johari Tun Openg said some foreign companies were attracted to the state’s oil and gas. “A company is investing in an oil refinery in Lawas,” he said during a Chinese New […]
