Report: Malaysia benefits from China’s capital investment of US$43.8b
A report said that Malaysia has been a major beneficiary of Chinese capital with investment totalling US$43.8 billion over the past 10 years. — Picture by Choo Choy May
Commenting on the impact of BRI in Malaysia, Allan Sim, executive director of capital markets at Knight Frank Malaysia said Prime Minister Tun Dr Mahathir’s recent visit to China has spurred Chinese investors’ confident to return to Malaysia. Furthermore, Sim said with the revival of the East Coast Rail Link and Bandar Malaysia, Chinese firms will certainly be looking more seriously at Malaysia again, with the industrial segment benefitting the most.
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.
Dr M: Malaysia is a friend of China, welcomes more investments | Malay MailBEIJING, April 25 ― Prime Minister Tun Dr Mahathir Mohamad has reiterated that Malaysia is a friend of China and wants to see more investments from the country. Speaking during a dialogue session with Chinese corporate leaders organised by the International Trade and Industry Ministry (MITI) here...
Read more »
Dr M holds talks with China’s top leaders, consolidates China-Malaysia ties | Malay MailBEIJING, April 25 — Malaysian Prime Minister Tun Dr Mahathir Mohamad today held talks with China’s top leaders, further underlining the strong bilateral relationship between the two countries. Dr Mahathir, who arrived here last night, met President Xi Jinping, Premier Li Keqiang...
Read more »
Minister: Malaysia eyeing RM10b worth of potential investments from Dubai Expo 2020 | Malay MailPUTRAJAYA, April 29 — Malaysia aims to achieve RM10 billion worth of potential investments and businesses from Dubai Expo 2020, said Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin. She said Malaysia had targeted to secure 1,000 business leads and...
Read more »
Trade minister debunks Malaysia’s distaste for China’s Belt and Road as misrepresentation | Malay MailKUALA LUMPUR, April 28 — Critics of the Belt and Road Initiative (BRI) had warped the Pakatan Harapan government’s request to review the East Coast Rail Link (ECRL) project as distaste for Beijing’s ambitious global trade plan, Malaysia’s International Trade and Industry Minister Darell...
Read more »
US travel advisory on Sabah has not affected tourist arrivals, says Tourism Malaysia chairman | Malay MailKOTA KINABALU, April 24 ― Tourism Malaysia Chairman Ahmad Shah Hussein Tambakau today said the inclusion of Sabah’s east coast in the US “K” list travel advisory for potential kidnappings, has failed to deter tourists from visiting the state. He said statistics show tourist arrivals have in...
Read more »
Bank Negara: Malaysia’s reserves at US$103b as of March | Malay MailKUALA LUMPUR, April 30 — Malaysia’s reserves remained usable as at end-March 2019, with official reserve assets at US$103.01 billion, in accordance with the International Monetary Fund’s Special Data Dissemination Standard (IMF SDDS) format. In a statement today, Bank Negara Malaysia (BNM)...
Read more »
Minister targets RM1.8b from healthcare tourism this year | Malay MailKUALA LUMPUR, April 25 — Malaysia aims to generate up to RM1.8 billion in hospital receipts from healthcare tourism this year, said Health Minister Datuk Seri Dzulkefly Ahmad. He said this would be higher than the revenue generated by healthcare tourism last year, which was RM1.5 billion. “The...
Read more »
US calling for Goldman Sachs guilty plea in 1MDB scandal, report claims | Malay MailNEW YORK, April 25 — The US Justice Department is calling for Goldman Sachs to plead guilty for its role in the massive corruption scandal involving Malaysian investment fund 1MDB, The Financial Times reported yesterday. That recommendation applies to any settlement between Goldman Sachs and US...
Read more »
Pos Malaysia jumps on ‘Avengers’ mania with Spidey postman delivering mail in KL | Malay MailPETALING JAYA, April 25 — With “Avengers: Endgame” fever sweeping fans across the globe and not even Pos Malaysia is spared from the excitement. The national courier took to Facebook yesterday with a funny photo of a postman clad in the iconic red and blue Spiderman suit while riding a...
Read more »
Malaysia is a friend of China, welcomes more investments - Dr MahathirDespite a change of government - which is rare - the policy regarding business and investments remains largely the same.
Read more »
Malaysia is a friend of China, welcomes investments, says MahathirThe prime minister says Malaysia will consider lowering the 26% income tax if it will bring benefits to Malaysia in terms of investments.
Read more »