Page 7 - Project Acceleration News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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...

Saturday, 12 Dec 2020 Also giving the investments a boost was the Malaysian Industrial Development Authority’s (Mida) decision to set up the Project Acceleration and Coordination Unit to provide end-to-end facilitation for all projects approved to enable the timely implementation of investments in the country. KUALA LUMPUR: UOB Malaysia is raising its full-year approved investment forecast for this year to RM138bil after the total investment approvals for January-September surpassed its initial target of RM100bil. Global Economics & Markets Research senior economist Juli...

Malaysia's investment approval target forecast to hit RM138bil in 2020 Ayisy Yusof © Provided by New Straits Times United Overseas Bank (Malaysia) Bhd (UOB) said the revised forecast is about 32 per cent higher than the actual investments approved during the global financial crisis in 2009. KUALA LUMPUR: Malaysia's investment approval target is projected to reach RM138 billion for the full-year of 2020 following the total approved investments of RM109.8 billion in the first nine-month (9M2020) of the year. United Overseas Bank (Malaysia) Bhd (UOB) said the revised forecast ...