BlackRock investments in Malaysia reach RM27.5bil, withdrawal will have negative implications

KUALA LUMPUR: The withdrawal of BlackRock's investment from Malaysia, if it happens, will have implications and negative impacts on efforts to realise the country's investment agenda, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz. BlackRock is a shareholder in various listed companies worldwide, including sovereign funds from Saudi Arabia, the United...

Anwar to announce key strategies to uplift M’sia’s semiconductor sector, says Tengku Zafrul

KUALA LUMPUR: Tengku Datuk Seri Zafrul Abdul Aziz announced on Tuesday (May 28) that new key initiatives will be unveiled to enhance the global footprint of Malaysia's semiconductor sector. The Investment, Trade, and Industry Minister said Prime Minister Datuk Seri Anwar Ibrahim will make the announcement on Tuesday afternoon at SemiCon South-East Asia 2024. "It will be...

Five charged with gang robbery of semiconductor factory

IPOH: Five men were charged at a Sessions Court here for committing gang robbery at a semiconductor factory. Mohd Nizam Abd Rahim, 40; Junaidy Ali, 46; Muhamad Rozaidi Yusoff,42; Rizuan Mohamad Yusof, 32; and Zairul Nizam Mohd Sazali, 47; claimed trial to the charges before Sessions Court Judge Ainul Shahrin Mohamad on Tuesday (Oct 3). According to...