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Published on: Saturday, January 30, 2021 By: Bernama Text Size: Kuala Lumpur: The Malaysian Investment Development Authority (Mida) has identified 240 high profile foreign investment projects in the manufacturing and services sectors with a combined potential investment value of RM81.8 billion that are being negotiated and targeted in 2021. Mida has thus far received and evaluated RM47.7 billion worth of potential investments into the country. “These projects, once approved, are expected to be implemented within the year 2021 to 2022,” said Mida in a statement Friday. ADVERTISEMENT Assuri...

Mida eyes 240 FDI projects with RM81.9b potential value to boost economy

Friday, 29 Jan 2021 03:53 PM MYT BY KEERTAN AYAMANY Earlier this week, the United Nations Commission on Trade and Development reported that the inflow of FDI into Malaysia dropped by 68 per cent to US$2.5 billion last year. — Picture by Hari Anggara Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Jan 29 ― In response to reports of falling foreign direct investments (FDI), the Malaysian Investment Development Authority (Mida) today announced that it has identified 240 high-profile foreign investment projects in the manufacturing and services...

capital Newspaper Last week saw the annual reporting and planning workshop, organised by the Coordination Unit of the so called Seqota Declaration Program. Bureaus of the Tigray and Amhara Regions, as well as partner organizations presented their achievements since the declaration came into effect, followed by their next plans and discussions on challenges they face and the way forward. Seqota is a Woreda in the Amhara Region where the effects of under nutrition were so apparent that Government officials who visited the area during a particular time of stress agreed to join hands...

THANK you everyone for your feedback on my previous posting. I have read all of them, and I appreciate the constructive feedback. Without a doubt, Covid-19 has wreaked havoc on all countries and economies. Like other nations, we are also faced with the arduous task of rejuvenating and rebuilding our economy, starting with initiatives introduced through our nation’s short-term economic recovery plan (PENJANA) announced in June 2020. PENJANA has introduced tax and investment incentives such as: 1. 0% tax rate for 10 to 15 years for new investment in manufacturing sectors with capital investme...