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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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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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Numerous industries are experiencing disruptions in business operations due to the outbreak of the COVID-19 pandemic. According to the United Nations, the pandemic has wiped US$50 billion off global exports in February 2020. The global industry now faces an increasingly unpredictable global economic landscape due to supply chain disruptions as countries heightened its health and safety measures by suspending in-country deliveries.
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Numerous industries are experiencing disruptions in business operations due to the outbreak of the COVID-19 pandemic. According to the United Nations, the pandemic has wiped US$50 billion off global exports in February 2020. The global industry now faces an increasingly unpredictable global economic landscape due to supply chain disruptions as countries heightened its health and safety measures by suspending in-country deliveries.
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Malaysia's higher education system is undergoing a comprehensive transformation and has matured significantly. The curriculum and teaching methods are being revamped with new critical elements such as experiential learning, future-ready curriculum, and lifelong learning mind-set to develop future-ready graduates. Graduates’ skillsets are also further enriched to embrace opportunities within the gig economy.
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As part of the Malaysian Investment Development Authority’s (MIDA) investment promotion arm, the Domestic Investment and Supply Chain Division (DISC) aims to boost local industrial development. This is driven through continuous engagements with various local stakeholders through activities such as outreach programmes, roundtable meetings and dialogues to further understand companies’ role in the supply chain ecosystem and facilitate future strategic development plans to strengthen the nation’s economic growth.
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The market for speciality chemicals has emerged as among the top segments of the chemical industry globally. From 2019 to 2026, the global market of speciality chemicals is expected to grow at a compounded annual growth rate (CAGR) of 5.2%, reaching USD316.4 billion[1]. Asia Pacific is set to remain the largest market for speciality chemicals in terms of volume due to demands by established and rapidly industrialising nations like India, China, Japan, South Korea and Taiwan.
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The market for speciality chemicals has emerged as among the top segments of the chemical industry globally. From 2019 to 2026, the global market of speciality chemicals is expected to grow at a compounded annual growth rate (CAGR) of 5.2%, reaching USD316.4 billion[1]. Asia Pacific is set to remain the largest market for speciality chemicals in terms of volume due to demands by established and rapidly industrialising nations like India, China, Japan, South Korea and Taiwan.
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UTILIS, a French company established in the mid-90s, is today a worldwide recognised brand in the field of tactical sheltering and mobile filed solutions, well known for its constant research and development (R&D) efforts and adapting to critical situations and scenario.
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