JOHOR BAHARU, Jan 28 (Bernama) — A total of 619 manufacturing projects with investments of RM63.5 billion were approved by the Malaysian Investment Development Authority (MIDA) between January and September last year compared with 787 projects valued at RM52.1 billion in 2013. MIDA executive d …
Read More »Business : Lower Ringgit Will Attract More Investments From US – MIDA
KUALA LUMPUR, Jan 19 (Bernama) — The Malaysian Investment Development Authority (MIDA) is optimistic that the lower ringgit will attract more investments from the US. Its Deputy Chief Executive Officer, Datuk Phang Ah Tong said however, which sector would garner the highest investment had yet …
Read More »Business : MIDA In Talks With Companies On Investments In Various Industries
GEORGE TOWN, Dec 4 (Bernama) — Malaysian Investment Development Authority (MIDA) is in talks with companies that are keen to invest in various industries, said its chief executive officer, Datuk Azman Mahmud. He said the talks were on-going with local and foreign companies from the medical dev …
Read More »Business : Malaysia To Host More French Firms, Says MIDA
KUALA LUMPUR, Nov 19 (Bernama) — Malaysia will soon host more French companies following the expansion of a business centre for the Malaysian French Chamber of Commerce and Industry (MFCCI). Malaysian Investment Development Authority (MIDA) Deputy Chief Executive Officer Datuk Rajendran Naraya …
Read More »Business : MIDA Seeks To Enhance Collaborative Research In Semi-Conductor Industry
KUALA LUMPUR, Nov 6 (Bernama) — The Malaysian Investment Development Authority (Mida) is seeking to enhance collaborative research in the semi-conductor industry by looking at opportunities to cooperate with the US-based Semi-conductor Research Corporation (SRC). Mida’s Deputy Chief Exec …
Read More »Business : Approved Investments To Hit Another Record High This Year: MIDA
KUALA LUMPUR, Oct 30 (Bernama) — The Malaysian Investment Development Authority (MIDA) is optimistic of setting another record high for approved investments in the manufacturing sector this year. Its Senior Executive Director, Strategic Planning and Investment Ecosystem, Datuk Wan Hashim Wan J …
Read More »Business : Internet Solutions Predix A Boon To Malaysia’s O&G Sector, Says MIDA
KUALA LUMPUR, Oct 21 (Bernama) — Predictivity (Predix) solutions offered by US industrial giant GE will benefit the Malaysian oil and gas (o&g) sector in meeting the region’s growing energy needs, Malaysian Investment Development Authority (MIDA) Deputy Chief Executive Officer Datuk …
Read More »Business : MIDA Expects Services Sector To Contribute 65 Pct To Gdp By 2020
GEORGE TOWN, Oct 17 (Bernama) — The Malaysian Investment Development Authority (Mida) expects the services sector to contribute 65 per cent to the Gross Domestic Product (GDP) by 2020, making it a major contributor to Malaysia’s economy. Its Deputy Chief Executive Officer 1 Datuk Phang A …
Read More »General : MIDA Never Discriminates Penang, Deputy CEO
GEORGE TOWN, Oct 17 (Bernama) — The Malaysian Investment Development Authority (MIDA) never discriminates any state in its effort to promote Malaysia as an investment destination including Penang, says MIDA Deputy Chief Executive Officer I, Datuk Phang Ah Tong. He said the government has alway …
Read More »Business : Strong Demand For Skilled Manpower With Vocational Qualifications – MIDA
KUALA LUMPUR, Sept 12 (Bernama) — There is a strong demand for skilled manpower with vocational qualifications in the manufacturing sector, said Malaysian Investment Development Authority (MIDA). Its chief executive officer, Datuk Azman Mahmud, said from 2009 to May this year, it has approved …
Read More »Business : MIDA To Review Incentive Policies, Says Chairman
GEORGE TOWN, Sept 2 (Bernama) — The Malaysian Investment Development Authority (MIDA) will continue to review its incentive policies to stay relevant, says chairman, Senator Tan Sri Amirsham Abdul Aziz. He said MIDA would also continue to upgrade itself to ensure the country remain competitive …
Read More »Business : Data Integrity Important To MIDA
KUALA LUMPUR, Aug 15 (Bernama) — The Malaysian Investment Development Authority (MIDA) today clarified that data integrity is very important to the agency. In a statement today, MIDA said its investment statistics were used as leading indicators for the purposes of economic planning and policy …
Read More »Business : MIDA Eyes RM55 Bln Investments In Manufacturing And Related Service Sectors
KUALA LUMPUR, July 18 (Bernama) — The Malaysian Investment Development Authority (MIDA) is confident of attracting at least RM55 billion worth of investments in the manufacturing and related service sectors this year compared with RM52 billion last year. Minister of International Trade and Ind …
Read More »Business : MIDA: Self-declaration Process For Tax Exemption Improves Business Efficiency
KUALA LUMPUR, July 17 (Bernama) — The self-declaration mechanism for tax exemption has improved efficiency, saved time and reduced the cost of doing business in Malaysia, said Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Azman Mahmud. He said the mechanism wa …
Read More »Business : MIDA To Continue Promoting High Tech FDI
?KUALA LUMPUR, April 16 (Bernama) — The Malaysia Investment Development Authority (MIDA) will continue to promote high technology foreign direct investment (FDI) projects or ventures which offer strong potential for the national economy. Foreign Investment Coordination Division Director Arham …
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