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...
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....
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...
