KUALA LUMPUR, June 21 — Malaysia has recorded a total value of RM83.7 billion in approved investments across various sectors for the period from January to March 2024 (1Q 2024),...
Nasi lemak, roti canai, teh tarik take centre stage at Geneva’s UN office as Malaysia champions intangible cultural heritage
“Hopefully this momentum will continue, but there are many issues that may be quite challenging in terms of geopolitical trade issues that occur between this trade war between China and the US. We have to monitor this closely,” he told reporters after launching the Bursa Malaysia Bhd’s Centralised Sustainability Intelligence Solution here today.
Mida chief executive officer Sikh Shamsul Ibrahim said the 1Q 2024 investment performance is a testament to Miti and Mida’s tireless dedication to attract investors and nurturing a fertile ground for growth and innovation.“We are steadfast in our mission to propel Malaysia to unprecedented economic heights through strategic partnerships with Miti and other key ministries and agencies.
“Foreign investments accounted for 56.2 per cent, or RM47 billion of the total investments, while domestic investments made up the balance of 43.8 per cent, valued at RM36.7 billion. “Target sectors stipulated by the National Investment Aspirations contributed RM53.7 billion, accounting for 64.1 per cent of the total approved investments across 252 projects, which are expected to create 17,056 new job opportunities.
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