Malaysia’s manufacturing purchasing managers index (PMI) rose to a 15-month high in December, the fastest pace since September 2018 amid reports of stronger demand pressures, according to a release by IHS Markit. The headline IHS Markit Malaysia Manufacturing PMI – a composite single-figure indicator of manufacturing performance – increased to 50.0, from 49.5 in November. …
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FDI inflow into Penang remains strong, says investment adviser to CM
Political issues in Malaysia have not reached a stage where they threaten the inflow of foreign direct investments (FDI), said the special investment adviser to the Penang Chief Minister. According to Datuk Seri Lee Kah Choon, who is also director of Invest Penang Sdn Bhd, Malaysians may be disturbed by emerging political issues or speculations …
Foreign investors return, net inflow at RM53 million
Foreign investors have turned net buyers in the equities market with a net inflow of RM53.31 million in the Dec 23-26 period against an outflow of RM57.7 million a week earlier, as the US-China trade dispute gradually dissipated. However, local retail funds were net sellers at RM30.08 million during the period, switching from being net …
Registration of trademark via Madrid System
BUSINESS owners in Malaysia can now register their brand name and trademark in 122 countries through the Madrid System, an international trademark system applicable in countries who are members of the Madrid Protocol system. Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail said this was following Malaysia’s move to become a member …
Paving the way with new solutions
Malaysian industries need to invest more in sustainable solutions if they want to compete in the international market, says Deputy International Trade and Industry Minister Ong Kian Ming. Ong said this at a dinner hosted by national applied research and development centre Mimos, meant to mark its successful completion of a pilot project on sustainable …
