Malaysian Prime Minister Anwar Ibrahim has revealed that the country has lured potential investments worth 45.4 billion RM (9.94 billion USD) from Germany during his official visit to Germany from March 10-15.
Malaysia and Cambodia on February 27 agreed to establish a Joint Trade Committee (JTC) this year to explore cooperation potential in trade, investment and tourism that will benefit both countries, Malaysian Prime Minister Anwar Ibrahim said.
The International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) 2024 has targeted 4.8 billion MYR (1 billion USD) in business leads, 480 exhibitors and 48,000 visitors from over 48 countries, said Minister of Natural Resources and Environmental Sustainability Nik Nazmi Nik Ahmad.
Malaysian King Sultan Ibrahim delivered his address at the opening of the first meeting of the third session of the 15th parliament on February 26, urging lawmakers from every political party to unite and work together for the national development and the well-being of the Malaysian people.
Malaysia signed two memoranda of understanding (MoU) with Japan on February 22 to strengthen halal trade and investment, and create more jobs in the sector.
Malaysian Prime Minister Datuk Seri Anwar Ibrahim on February 23 officially launched the Tun Razak Exchange (TRX) as Malaysia's International Financial Centre (IFC).
Malaysia’s Commercial Crimes Department (JSJK) has recorded nearly 15,000 cheating cases involving investments from 2019 to 2023, resulting in losses amounting to 1.34 billion RM (280 million USD), Bernama news agency reported.
The trade and investment targets that Malaysia set for this year are achievable despite the ringgit’s current depreciation versus the US dollar, as many other major fundamentals remain attractive and appealing to global investors, said Malaysian Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Malaysia aims to attract more electric vehicle (EV) manufacturers as it is striving to establish itself as an EV manufacturing hub for the Association of Southeast Asian Nations (ASEAN), an official has said.
Despite the prevailing hot and dry conditions, particularly in Kedah – a rice bowl of Malaysia, rice planting activities in Kawasan Muda have remained largely unaffected, according to the Muda Agricultural Development Authority (Mada).
Malaysia’s Batik Air opened a new direct route connecting Kuala Lumpur and Indonesia’s Batam on February 18 to boost tourism traffic between the two countries.
The export of Malaysian orchids can contribute up to 4 billion RM (836.82 million USD) a year to the country’s floriculture industry due to high demands from other nations, according to a local official.