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seetrustudio01
Malaysia recorded a total of RM37.4 billion worth of approved investments in the manufacturing, services and primary sectors in the first quarter (1Q) of this year.
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Malaysia is a progressive nation with a robust economy. Located in one of the fastest-growing economic regions in the world, the International Monetary Fund (IMF) projected our country to grow at a rate of 6.3 per cent in 2021 despite global economic uncertainties. This positions Malaysia as the fastest growing economy among our neighbours such as Indonesia, Thailand, the Philippines and Singapore.
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In efforts to address setbacks amid the current external challenges, PENJANA initiatives seek to lay the foundation for financial support and initiatives for the business community, and help improve business sentiments.
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Malaysia is a progressive nation with a robust economy. Located in one of the fastest-growing economic regions in the world, the International Monetary Fund (IMF) projected our country to grow at a rate of 6.3 per cent in 2021 despite global economic uncertainties. This positions Malaysia as the fastest growing economy among our neighbours such as Indonesia, Thailand, the Philippines and Singapore.
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Many countries worldwide have started easing their strict movement control orders (MCO) due to the COVID-19 pandemic but various features of the pandemic life will continue to stay and unlikely to disappear anytime soon. Wearing a face mask and practising social distancing will be part of the world’s new normal measures, at least until a vaccine against COVID-19 is developed.
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he Malaysian Investment Development Authority (MIDA) inked a Memorandum of Understanding (MOU) with Standard Chartered Malaysia on 11 June 2020. Both parties will further collaborate to attract targeted global investments within a higher value, impactful and technology-intensive investments, in the key priority sectors such as electrical and electronics, machinery and equipment, medical devices, aerospace, renewable energy and consumer technology. These sectors' ability in attracting quality investment augurs well for the country's economy as the market looks to get back in shape post the COVID-19 pandemic.
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According to the United Nations Conference on Trade and Development (UNCTAD), there will be a possible significant downward pressure on global FDI flows by -30 per cent to -40 per cent due to COVID-19. This is a potential outcome given the close, intricate inter-dependence of global value chains, directly affecting earnings of large multinational corporations (MNCs).
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The WBAF 2020 event was held in Istanbul from 17-18 February 2020. This annual event represents the largest gathering of representatives from early-stage equity and…
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MIDA has once again won the Top Investment Promotion Agency 2019 award in the Asia-Pacific National category by the Site Selection, together with the EDB Singapore. The agency won the same award in 2015 and 2016.
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