Rab, Sep

KUALA LUMPUR - Malaysia’s February trade figure of RM134.83bil is almost one-third higher than that achieved in the same period last year, said Minister in the Prime Minister’s Department Datuk Seri Dr Wee Ka Siong.

He said it was an increase of 27.1% and that all major sectors, namely manufactured goods, mining and agricultural products, recorded high growth.

He was speaking at the signing of a joint venture agreement by Matrix IBS Sdn Bhd with Nissin Ex Co Ltd and Nihon House Corporation yesterday.

Dr Wee said that solid economic growth has been forecast for the next two years.

Malaysia was also on track in developing its national infrastructure, with mega infrastructure projects such as the Pan Borneo Highwayand East Coast Rail Link, he said.

He said that with Malaysia’s existing and upcoming Light Rail Transit and Mass Rapid Transit networks, the country now ranked 11th among 138 nations in the latest World Economic Forum Global Competitive Index 2016-2017 on transportation, which was no small feat.

On the joint venture, Dr Wee said it signified the close ties between Japan and Malaysia.

The joint-venture agreement involves the setting up of an Industrialised Building

CHENNAI - With India’s new initiatives of Make in India, Digital India, Start Up India, Smart Cities and Goods and Services Tax (GST) implementation taking shape, there are plenty of opportunities for Malaysian and Indian businesses.

Today, in the Tamil Nadu capital, Prime Minister Datuk Seri Najib Tun Razak will meet a group of Indian businessmen brought together by the Malaysian Associated Indian Chambers of Commerce and Industry (MAICCI).

Twenty-five Chennai-based businessmen will hear

PETALING JAYA - Malaysia has emerged as the front-runner in the 2017 ranking for best countries to invest in, scoring at least 30 points more than any other country on a 100-point scale.

The ranking is based on scores from over 6,000 business decision makers compiled on eight equally-weighted country attributes - corruption, dynamic, economically stable, entrepreneurial, favourable tax environment, innovative, skilled labor force and technological expertise.

Countries that the decision makers

KUALA LUMPUR - The Trans-Pacific Partnership trade deal will not be implemented without the U.S., Malaysian Prime Minister Najib Razak said Monday in written responses to questions from the Nikkei Asian Review.

Though it is too early to make a determination until President-elect Donald Trump assumes office, Najib insisted it is unlikely the TPP will take effect without the U.S., which accounts for some 60% of the combined gross domestic product of the pact's 12 signatories. 

"In its current

PETALING JAYA - Malaysia has been ranked as the best place to invest in this year in an international survey of 80 countries.

It is ahead of Singapore, which is at No.2, followed by Czech Republic, Denmark, Poland and India.

The survey noted that Malaysia was “one of the top recipients of foreign direct investment, and its pro-business government offers a wide range of incentives to investors”.

It was undertaken by BAV Consulting, which is a global strategic brand consultancy, and the

KUALA LUMPUR - Malaysia's economy is seen growing at 4.5 per cent in 2017 on strong private consumption, but will continue to suffer from weak commodity prices and slowing private investment, the International Monetary Fund (IMF) said on Thursday. 

The Southeast Asian economy has been buffetted by poor demand for its exports of commodities and liquefied natural gas over the past year. In Jan, the government cut spending and revised its 2016 growth forecast down to 4.0-4.5 per cent from 4.0-5.0

Global design and consultancy firm Arcadis released a report on the most sustainable cities in the world.

Arcadis said it ranks 100 global cities across three sectors of sustainability — "People, planet and profit."

Nestled within the report, entitled "Sustainable Cities Index 2016: Putting people at the heart of city sustainability" is a "profit sub-index" which ranks all the cities in the world in order of wealth and economic sustainability.

It basically examines a city's performance from

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