M’sia recorded RM132.6bil in approved investments for first half of 2023, says Tengku Zafrul

KUALA LUMPUR: The Investment, Trade and Industry Ministry (Miti) expects approved investments to record stronger growth in the second half of 2023 (2H2023), on track to hit its annual target, after achieving RM132.6bil worth of approved investments in the first half of 2023 (1H2023). "I am pleased with our achievement in 1H2023, securing RM132.6bil, representing 60.3%...

Malaysia, China sign three MOUs worth nearly RM20bil

NANNING: Malaysia and China have inked three memoranda of understanding (MOUs) worth RM19.84bil. The first MOU, worth RM15bil, was inked between Citaglobal Bhd and Shanghai Sus Environment on exploring the potential collaboration for developing waste to energy power plants primarily in Malaysia. ALSO READ: M'sia recorded RM132.6bil in approved investments for first half of 2023, says Tengku Zafrul The...

‘China is a good and reliable ally’

Johor Ruler: Crucial for Malaysia to maintain ties with key trading partner PETALING JAYA: It’s crucial for Malaysia to maintain friendly relations with China, says Johor Ruler Sultan Ibrahim ibni Almarhum Sultan Iskandar (pic). Describing the Asian superpower as a “good and reliable” investment partner, His Majesty said Johor has had a long-standing good relationship with China...

Another RM300mil investment for Sabah from South Korea conglomerate

KOTA KINABALU: Sabah has secured another RM300mil investment from SK Group, the second-largest conglomerate in South Korea. “This comes after SK Nexilis (as part of SK Group’s electric vehicle value chain) invested RM4.2bil to construct the world's largest copper foil manufacturing plant in Sabah (since 2021),” said state Industrial Development and Entrepreneurship Minister Phoong Jin Zhe...