1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- Diversification of operations and markets has become essential for businesses in Malaysia to stay competitive, said Malaysian Investment Development Authority (MIDA) chief executive officer (CEO) Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.
1y ago
KUALA LUMPUR, Dec 3 (Bernama) -- The Malaysian Institute of Economic Research (MIER) said the partnership to host the Budget Insights Forum: Moving Towards 2025 with the Malaysian Investment Development Authority (MIDA) underscores the country’s efforts to achieve an inclusive and sustainable growth.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- BMW Group Malaysia has launched Phase 2 of its regional parts and distribution centre, significantly expanding the cutting-edge facility located at the Free Industrial Zone in Senai International Airport.
1y ago
KUALA LUMPUR, Nov 19 (Bernama) -- Keyto MY Sdn Bhd's new fluid manufacturing facility in Batu Kawan, Penang, is set to enhance Malaysia's industrial capabilities and diversify its high-tech manufacturing sector.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- The Malaysia Electronics Supplier Summit held recently spotlighted the government's continuous efforts to create an environment conducive to investment and innovation, showcasing Johor as a premier investment destination for the electronics sector.
1y ago
KUALA LUMPUR, Nov 14 (Bernama) -- The government will ensure that the economic corridor authorities (PBK) fulfil their role as outlined, without overlapping with the responsibilities of other agencies, said Economy Minister Rafizi Ramli.
1y ago
KUALA LUMPUR, Nov 8 (Bernama) -- Malaysia has introduced future-proof policy frameworks to attract and support foreign investors while advancing its economic ambitions.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- The government, through the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA), has introduced two new funds under the 12th Malaysia Plan (12MP), namely the Domestic Investment Accelerator Fund (DIAF) and the Foreign Investment Accelerator Fund (FIAF).
1y ago
KUALA LUMPUR, Oct 28 (Bernama) -- Leading developer and operator of high-performance data centres GDS International exchanged memoranda of understanding (MoUs) with global suppliers in a series of partnerships that will bring an estimated RM1 billion investments for integrated factories and service centres.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The initiatives tabled in Budget 2025 enable Malaysia to attract more high-quality, innovative and sustainable investments, making Malaysia a preferred investment destination in the Southeast Asian region, said the Malaysian Investment Development Authority (MIDA).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption equivalent to an investment tax allowance of 60 per cent on eligible capital expenditure for five years, to be offered to Smart Logistic Complex (SLC) companies, according to the Ministry of Finance (MoF).
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is on track to achieve its target of RM2.5 billion in investments from green investment leads at the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM) 2024.