Digi business marketing and operations head Steven Soon (second from left) delivering his speech as (from left) Johor South SME Association advisor Teh Kee Sin, RHB Bank Bhd commercial banking head Azlina Safian and PKT Logistics Group Sdn Bhd chief operating officer P’ng Tean Hau look on duri...
One for the album: (From left) Teh, Soon, Azlina and P’ng posing for photograph after their panel discussion session at the SOBA LAB programme at Trove Hotel in Johor Baru.JOHOR BARU: Digitalisation is the way forward for small and medium enterprises (SMEs) and they have to start planning now,...
Unofficial figures show that some 300,000 Malaysians commute daily from Johor to Singapore to work. — FilepicJOHOR BARU: The state government is looking at the positive angle when it comes to the high number of Malaysians, including Johoreans, working in Singapore.Johor education, human resour...
An SME expo showcasing the productsKUALA LUMPUR: Malaysia's small business sector experienced positive business conditions in 2018 and confidence in business and economic growth is at its highest point since 2012, according to new survey data released today by CPA Australia. The findings from CPA A...
KUALA LUMPUR: Small and medium enterprises (SMEs) should capitalise on the RM517mil funding made available by Malaysian Industrial Development Finance Bhd’s (MIDF) and Malaysian Technology Development Corp (MTDC) under the Soft Loan Scheme for Automation and Modernisation (SLSAM).MIDF group ma...
PETALING JAYA: Finance Minister Lim Guan Eng is tabling Budget 2019 in Parliament, the first federal budget by the Pakatan Harapan government.The tabling of the Supply Bill (Budget) 2019 will commence before Dewan Rakyat Speaker Datuk Mohamad Ariff Md Yusof, and will be debated by the Members of Par...
Chinese Firms Invest More Than RM13 Bln In Malaysia Since 2009 - Ahmad Maslan
KUALA LUMPUR, April 4 (Bernama) -- China's direct investments in Malaysia's manufacturing sector amounted to RM13.6 billion between 2009 and 2015, says Deputy International Trade and Industry Minister Datuk Ahmad Maslan.
He said the investments came from 20 companies including Comtec Solar International (M) Sdn Bhd, Jinko Solar Technology Sdn Bhd, Kaifa Technology Malaysia Sdn Bhd, Megatrax Plastic Industries Sdn Bhd and Mansion Machinery Sdn Bhd.
"A major portion of the investments are already being implemented, involving 143 projects and is expected to create 24,786 jobs," he said at the Dewan Rakyat here today in reply to Khalid Abdul Samad (Amanah-Shah Alam).
Ahmad said of the total, basic metals industry received the highest investments of RM8 billion followed by electrical and electronics sector (RM3.5 billion) and non-metallic minerals industry (RM738 million).
The remainder were in textiles and textile products industry (RM556 million) and fabricated metals sector (RM157 million), he said.
"China's investment in the country increased steadily from a mere RM164 million in 2009 to RM4.75 billion in 2014," he said.
Ahmad said in 2015, the number dropped to RM1.87 billion but was still comparatively high to reflect Chinese investors' confidence in the Malaysian economy despite the current global economic situation.