The special channel announced during Budget 2020 could accelerate foreign direct investment from China, says Darell Leiking.
The Ministry of International Trade and Industry expects China’s investments into Malaysia to soar next year via a “special channel”.said this while commenting on media reports that Chinese investments into Malaysia halved to US$1.7 billion in the first nine months of 2019 from a year ago.
“Budget 2020 has specifically identified the special channel to get more investment into this country. He said the effort was in line with the national target of elevating domestic e-commerce businesses in order to capitalise on cross border trade opportunities.
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.
Investments from China to go up in 2020 | The Malaysian InsightSpecial channel will accelerate foreign direct investment, says minister Darell Leiking.
Read more »
Pembinaan ERCL di Pahang mula awal 2020 | The Malaysian InsightSubkontrak untuk pembinaan itu dijangka dianugerahkan pada suku pertama tahun ini.
Read more »
ECRL work in Pahang to pick up early 2020 | The Malaysian InsightConstruction work targeted to start early 2020, with subcontracts expected to be awarded then.
Read more »
Bicara saman Abdul Azeez terhadap Guan Eng ditangguh ke 21 Februari, 2020 | The Malaysian InsightLim Guan Eng tidak dapat hadir pada perbicaraan hari ini disebabkan ada urusan lain.
Read more »
World Bank lowers Malaysia’s 2020 GDP forecast to 4.5% | The Malaysian InsightThis is a downward revision compared to this year’s forecast of 4.6%.
Read more »
Great APEC 2020 Theme — Now to the hard partTHERE could be a joker-in-the-pack. If he wins the United States presidential election on Nov 3, 2020, a triumphant Donald Trump might just decide to turn up at the Asia-Pacific Economic Cooperation (Apec) leaders meeting shortly after to cause mayhem.
Read more »