Malaysia recorded a total of RM109.8 billion worth of investments in the manufacturing, services and primary sectors for the first nine months of 2020. These investments involved 2,935 projects and will create 64,701 jobs opportunities in Malaysia. Of the total investments approved, domestic direct investments (DDI) accounted for 61.2%, or RM67.2 billion, while foreign direct …
World Bank hub in Malaysia to bring together economic, financial experts – Tengku Zafrul
The World Bank Group (WBG) office in Malaysia will function as a hub that brings together local economic and financial experts, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said the hub would also allow WBG to conduct developmental research to improve global indicators including through the World Bank’s Doing Business Survey and …
Economists laud Environmental, Social and Governance measures in Budget 2021
The government’s push to position Malaysia as a sustainable finance hub is welcomed by economists, as it gains traction among a growing pool of conscious institutional investors who see Environmental, Social and Governance (ESG) practices as a useful measure to assess a company’s performance. AmBank Research chief economist and Economic Action Council member Anthony Dass …
ASEAN states speed up economic integration through ACTS
ASEAN member states are speeding up their economic integration by mitigating intra-Asian trade challenges and accelerating seamless trade in goods by roads with the new ASEAN Customs Transit System (ACTS). The ACTS was developed to streamline cross-border customs processes with the aim of accelerating land transit movements and reducing the time and expense of carrying …
Govt will ensure Malaysia remains attractive for FDI, DDI — Tengku Zafrul
The government will ensure that Malaysia continues to be a choice destination for foreign direct investment (FDI) and domestic direct investment (DDI). “Investment is important for Malaysia and the government will ensure that it remains attractive for both foreign and domestic investors,” said Finance Minister Tengku Datuk Seri Zafrul Tengku Aziz on Bernama TV’s ‘Ruang …
