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Sulaiman Mahbob: Steering MIDA Through Economic Crossroads

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 20 (Bernama) -- As Tan Sri Sulaiman Mahbob concludes his tenure as chairman of the Malaysia Investment Development Authority (MIDA) on Sept 2, 2024, his leadership has left an indelible mark on Malaysia’s investment landscape.

Robust 1H 2024 Domestic Investments Show Country Not Dependent On Foreign Investments -- MIER

KUALA LUMPUR, Sept 19 (Bernama) -- Malaysia’s RM160 billion approved investments in the first half of 2024 (1H 2024), comprising RM85.4 billion in domestic investments (DI) and RM74.6 billion in foreign investments (FI), showed that the country is not overly dependent on FI to stimulate its economy.

PKNS Allocates RM0.5 Mln To Help Entrepreneurs Participate In International Exposition

KUALA LUMPUR, Sept 19 (Bernama) -- The Selangor State Development Corporation (PKNS) has allocated more than RM0.5 million to help potential entrepreneurs participate in international exposition in the country to expand their businesses. 

AirAsia, Airbus Partner For ASEAN Aviation Sustainability

From Soraya Jamal

BALI, Sept 19 (Bernama) -- AirAsia today announced a long-term partnership with European aircraft manufacturer Airbus to advance research into aviation sustainability initiatives aimed at reducing carbon emissions in the ASEAN region.

SMART Modular Technologies Flash Memory Drives Feature SEU Mitigation For Remote Applications

KUALA LUMPUR, Sept 19 (Bernama) -- SMART Modular Technologies Inc (SMART), a division of SGH announced a proprietary technology to mitigate the adverse impact of single event upsets (SEUs) in high-reliability flash-memory based systems.

Teledyne Launches 16k TDI Line Scan Camera With 1 Megahertz Line Rate

KUALA LUMPUR, Sept 19 (Bernama) -- Teledyne DALSA, a Teledyne Technologies company, has introduced the Linea HS2 TDI line scan camera family, representing a significant breakthrough in next generation time delay and integration (TDI) technology.

HDC Studies New Incentives To Boost Foreign Investments In Halal Industry

KUALA LUMPUR, Sept 18 (Bernama) -- The Halal Development Corporation (HDC), in collaboration with the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA), is studying and formulating new incentives to boost foreign investment in the halal industry.

MATRADE’s Virtual Sourcing Programme At MIHAS 2024 Achieves RM347 Mln In Sales

KUALA LUMPUR, Sept 18 (Bernama) -- The International Sourcing Programme (INSP) organised by the Malaysia External Trade Development Corporation (MATRADE) at the Malaysia International Halal Showcase (MIHAS) 2024 has been a success, with the virtual segment having achieved RM347 million in sales to date. 

Rubber Market Ends Mixed In Tandem With Regional Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 18 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Wednesday in tandem with regional rubber futures markets as strong United States (US) economic data weakened prospects of an aggressive US interest rate cut, said a dealer.

Gentrification Of Islamic Finance - More Than Just Shariah Compliance 

LONDON, Sept 18 (Bernama) -- Modern-day Islamic finance began to gain a foothold in Malaysia in 1963 with the establishment of the Hajj Pilgrims Savings Corporation (now known as Lembaga Tabung Haji), which is central to the transformation of a Shariah-based financial system in Malaysia.

Insurers, Takaful Operators Must Expand Capacity, Bridge Protection Gaps - BNM Governor

KUALA LUMPUR, Sept 18 (Bernama) -- Insurers and takaful operators must expand their capacity and readiness to reduce critical protection gaps and strengthen financial safety nets, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Airbus Expansion In Malaysia Offers Promising Avenue For Green Aviation

KUALA LUMPUR, Sept 18 (Bernama) -- Airbus’ focus on sustainability presents a promising avenue for Malaysia to contribute to the future of green aviation as the aircraft manufacturer is set to expand its operations and sourcing in Malaysia, said Malaysia’s Ambassador to France, Datuk Eldeen Husaini Mohd Hashim.