Tuesday, April 20, 2021

MITI

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...

Blanket MCO may not be needed in future

KUALA LUMPUR: Tan Sri Muhyiddin Yassin today said that the enforcement of a blanket movement control order (MCO) may not be needed in the future, thanks to the implementation of the National Covid-19 Immunisation Programme. The Prime Minister said that...

Govt introduces additional tax deductions under Pemerkasa

KUALA LUMPUR: The government is introducing an additional tax deduction of up to RM50,000 on rental of premises and worker hostels to incentivise companies to participate in the Safe@Work initiative which is aimed at protecting workers. Prime Minister Tan Sri...

Govt to introduce new national investment policy

KUALA LUMPUR: The government will introduce a new national investment policy to attract more high-quality investors as the country moves towards a high-income nation, Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said. He said...

Malaysia’s external trade modest, exports to rebound by 2.7 pct

KUALA LUMPUR: Malaysia’s external trade for 2021 is expected to remain modest with exports projected to rebound by 2.7 per cent, the Ministry of International Trade and Industry (Miti) said. Senior minister Datuk Seri Mohamed Azmin Ali said the outlook...

Miti formulates SOPs for effective Business Continuity Plan

KUALA LUMPUR: The Ministry of International Trade and Industry (Miti) has formulated a set of comprehensive, relevant and practical standard operating procedures (SOPs) to enable the smooth flow of operations and ensure effective implementation of the Business Continuity Plans. In...

Malaysia imposes provisional anti-dumping duties on steel imports from Indonesia, Vietnam

KUALA LUMPUR: The government is imposing provisional anti-dumping duties on imports of cold rolled stainless steel in coils, sheets or any other form (subject merchandise) originating or exported from the Indonesia and Vietnam. The Ministry of International Trade and Industry...

Malaysia’s trade surplus surges 152 pct to RM16.82 bln in November

KUALA LUMPUR: Malaysia’s trade surplus surged 151.6 per cent year-on-year (y-o-y) to RM16.82 billion last month, the highest surplus ever recorded for the month of November. The Ministry of International Trade and Industry (Miti) said exports increased by 4.3 per...

June 2020 trade up, movement restrictions eases

KUALA LUMPUR: The gradual lifting of movement restrictions due to Covid-19 in Malaysia has resulted in an improvement in total trade in June 2020 to RM144.84 billion, up 2.2 per cent from June 2019. Deputy International Trade and Industry Minister...

Economic recovery plan expected end-May

KUALA LUMPUR: The government will be announcing a six-month economic recovery plan by the end of this month to resuscitate the country’s economy post-Covid-19. International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said the pandemic has impacted global markets, including Malaysia. “Businesses have...
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Strict border control to block South African Covid-19 variant

KUCHING: Strict border control is still necessary to prevent the South African Covid-19 variant, said to be more contagious,...
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