KUALA LUMPUR, Aug 14 — Malaysia needs to continue playing its role as a ‘neutral’ country with a strong ecosystem in the technology sector to ensure the country remains an...
Minister of Investment, Trade and Industry Datuk Seri Tengku Zafrul Abdul Aziz said Malaysia’s economy is open and has established cooperative relations with all countries. — Picture By Firdaus LatifKUALA LUMPUR, Aug 14 — Malaysia needs to continue playing its role as a ‘neutral’ country with a strong ecosystem in the technology sector to ensure the country remains an investment destination.
“So, that’s one of the reasons we see investment also increasing in this sector,” he said on the Agenda Awani programme titled ‘Tech War’, Tesla and Investment Magnet broadcast by Astro Awani on Tuesday. “We expect the Gross Domestic Product to grow 5.8 per cent in the second quarter of 2024 with the manufacturing sector growing by 4.7 per cent, boosted by the electrical and electronics sector, especially semiconductors,” he said.
“We have various FTAs with all groups, for example the BRICS is not an economic block but a grouping that discusses global south issues.
Tengku Zafrul Abdul Aziz Foreign Direct Investment
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tengku Zafrul: BRI Involvement strengthens Malaysia-China economic partnershipTsai is heartbroken by the death of her pet dog Woohoo, which died at age 18 on July 3.
Read more »
Malaysia’s economic resilience tied to strong China links amid US recession, says asset management firmKUALA LUMPUR, Aug 8 — A strong Malaysia-China economic relationship is expected to help the country face and overcome the adverse effects of a US recession, said Capital Dynamics...
Read more »
China’s foreign minister warns Philippines over US missile deployment amid South China Sea disputeBEIJING, July 27 — Chinese Foreign Minister Wang Yi has warned the Philippines over the US intermediate-range missile deployment, saying such a move could fuel regional tensions...
Read more »
Malaysia set to export halal certification services: Tengku ZafrulKUALA LUMPUR: Malaysia is set to export its halal certification services, Investment, Trade and Industry Minister Tengku Zafrul Tengku Abdul Aziz said...
Read more »
Malaysia must capitalise on Asean’s manufacturing potential: Tengku ZafrulKUALA LUMPUR: Malaysia must capitalise on the full potential and opportunities in Asean’s manufacturing sector and ensure that the ecosystem is well-d...
Read more »
Malaysia considers joining OECD - Tengku ZafrulKUALA LUMPUR: Malaysia is considering joining several international organisations including the Organisation for Economic Co-operation and Development...
Read more »