MALAYSIA AIRPORTS READY FOR TAKEOFF

The appointment of Datuk Mohd Izani Ghani as the new managing director of Malaysia Airports Holdings Berhad (MAHB) signals a new era of transformation. At a time when the aviation industry is navigating both unprecedented challenges and exciting opportunities, Mohd Izani has been tasked to steer MAHB to transform its operations, which includes improving customer experience and overall...

Malaysia poised to withstand US recession – Tengku Zafrul

KUALA LUMPUR: Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz expressed confidence in Malaysia's ability to withstand a potential recession in the United States (US), citing the nation's recent economic performance as evidence. Despite rising unemployment in the US, Tengku Zafrul highlighted several positive domestic economic indicators. ALSO READ: Govt vigilant of external factors affecting...

Malaysia and China ink 14 MOUs

PUTRAJAYA: Malaysia and China have exchanged 14 memorandums of understanding (MOUs) through which both countries will share expertise and best practices, and collaborate in various fields. The exchange of MOUs was witnessed by Prime Minister Datuk Seri Anwar Ibrahim and Chinese Premier Li Qiang during the latter’s three-day official visit to Malaysia. Among the highlights was the...

MIDA, a vital instrument to remove obstacles for prospective investors – Tengku Zafrul

KUALA LUMPUR: The Malaysian Investment Development Authority (MIDA) plays an instrumental investment facilitator role in removing obstacles for prospective investors, said Investment, Trade and Industry (MITI) Minister Tengku Datuk Seri Zafrul Abdul Aziz. He noted that MIDA, which was established in 1967, has now transformed into Malaysia’s key investment promotion and marketing agency, a strategic move...

No plan to push clocks back by an hour, says Miti

KUALA LUMPUR: The government has no plans to adjust the standard time in Peninsular Malaysia from GMT+8 to GMT+7, says Liew Chin Tong. The Investment, Trade and Industry (Miti) Deputy Minister said such a change in Malaysian Standard Time would only burden the people. "Generally, the one-hour difference between GMT+8 and GMT+7 does not affect daily life....

Advanced silicon battery firm Enovix to invest RM5.8bil in Malaysia over 15 years

SAN FRANCISCO: Nasdaq-listed Enovix Corporation, which is an advanced silicon battery company, will invest a total of US$1.2 billion (RM5.8 billion) in Malaysia over a period of 15 years, which includes an RM315 million manufacturing line announced in August. "With more than three decades of personally working closely with the Malaysian government authorities and having successfully...