KUALA LUMPUR, June 21 — Malaysia has recorded RM83.7 billion in approved investments across various sectors in the first quarter (1Q) of 2024, representing a 13 per cent increase from RM74.1 billion in the same period last year.

KUALA LUMPUR, April 17 — The Malaysian Investment Development Authority (Mida) has appointed Sikh Shamsul Ibrahim Sikh Abdul Majid as its new chief executive officer, effective April 18, 2024.

KUALA LUMPUR, April 15 — The East Coast Rail Link-Economic Accelerator Projects (ECRL-EAPs) is set to boost socio-economic activities within various sectors such as construction, tourism, trade and industrial development, said the Malaysian Investment Development Authority (Mida).

KUALA LUMPUR, April 2 — The Malaysian Investment Development Authority (Mida) has approved 4,230 green technology projects worth RM41 billion until 2023, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong.

KUALA LUMPUR, March 20 — A total of 898 foreign investment projects valued at RM281.5 billion have been approved in the manufacturing and services sectors from 2022 to 2023, said Deputy Minister of Investment, Trade and Industry Liew Chin Tong.

KUALA LUMPUR, March 20 — The Malaysian Investment Development Authority (Mida) is encouraging businesses to leverage the enhanced Malaysia-Singapore Business Development Fund (MSBDF) for ventures in third countries.

KUALA LUMPUR, March 15 — The Milken Institute's recognition underscores the effectiveness of Malaysia’s economic policies and the concerted efforts of all stakeholders, including government agencies, industry players, and the investment community, said the Malaysian Investment Development Authority (Mida).

KUALA LUMPUR, March 8 — Goodyear is currently collaborating with several companies, including Proton Holdings Bhd to employ its workers who are affected by the closure of its factory in Shah Alam.

KUALA LUMPUR, March 8 — The government, through initiatives led by the Investment, Trade and Industry Ministry (Miti) and the Malaysian Investment Development Authority (Mida), has mobilised a “specialised” team to help 550 employees affected by Goodyear's Shah Alam factory shutdown.

MELBOURNE, March 5 — Major Australian companies have shown interest in investing up to RM24.5 billion in Malaysia, including expansion in existing investments, said Prime Minister Datuk Seri Anwar Ibrahim.

trKUALA LUMPUR, Feb 29 — Malaysia is confident of achieving higher approved investments in 2024 after recording an all-time high of RM329.5 billion last year.

KUALA LUMPUR, Feb 28 — Malaysia’s medical devices industry registered approved investments totalling RM807.6 million for the first nine months of 2023 (9M 2023), said the Malaysian Investment Development Authority.

KUALA LUMPUR, Feb 23 — More than 85 per cent of the manufacturing projects approved in 2021-2023 have been implemented to date, led by the Investment, Trade and Industry Ministry (Miti) and its agency, the Malaysian Investment Development Authority (Mida).

KUALA LUMPUR, Jan 16 — The Investment, Trade and Industry (Miti) secured a total of RM2.84 billion in potential investment and RM500 million of potential exports of Malaysian products and services from the trade and investment mission to Milan and Turin, Italy, from January 12 to 16.

KUALA LUMPUR, Dec 10 — Saitama Prefecture, which is ranked fifth in terms of population and economic productivity among the prefectures of Japan, is exploring further investment opportunities in Malaysia in the halal food and automated machinery industries.

KUALA LUMPUR, Dec 6 — Malaysia has attracted approved investments worth RM225 billion in services, manufacturing, and primary sectors in the January-September 2023 period, up 6.6 per cent from the RM211 billion investments approved in the same period last year.

ABU DHABI, Dec 2 — Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah and United Arab Emirates (UAE) President Sheikh Mohamed bin Zayed Al Nahyan witnessed the signing of an implementation roadmap to advance the development of 10GW of clean energy projects in Malaysia.

KUALA LUMPUR, Nov 24 — The Malaysian Investment Development Authority (Mida) has announced the Invest Malaysia Facilitation Centre (IMFC) established by the Investment, Trade, and Industry Ministry (Miti) will start operations on December 1.

KUALA LUMPUR, Nov 21 — Prime Minister Datuk Seri Anwar Ibrahim has assured he will continue to be responsible for Malaysia and its economic growth by always looking for opportunities to establish relationships with countries with the potential to attract investments.

KUALA LUMPUR, Nov 20 — The police, Commercial Crime Investigation Department, investigated an average of 15 non-existent investment cases daily from January until October this year.