APIB urges Chinese enterprises to invest in Malaysia
PETALING JAYA: Asia Pacific Investment Bank (APIB) has urged Chinese enterprises to make full use of the favourable trade policies and tax incentives by the Malaysian government and invest in Malaysia in expanding their international business venture. In a statement today, APIB CEO Chris Wang said China has always been the main source of foreign […]
Room for improvement in Budget 2021, says bank chief
KUALA LUMPUR, Nov 17 — Budget 2021 could be improved by increasing its focus on critical areas which are key to the country’s economic recovery, says Asia Pacific Investment Bank (APIB). Chief executive officer Chris Wang said the lack of allocation for cutting-edge technology infrastructure spending in the budget would curb the swift adoption of […]
Happy Deepavali
Wishing all Malaysians a happy & prosperous Deepavali. May the lights illuminate your respective paths to happiness and abundance. Stay Safe & Play Safe.
Bank Negara: Foreign investors not turning away from Malaysia despite RM0.8b FDI outflow in Q3 2020; private investment growth to rebound in 2021
KUALA LUMPUR, Nov 13 ― Foreign companies are not pulling out their investments from Malaysia, as the RM0.8 billion outflow in foreign direct investment (FDI) recorded in the third quarter of 2020 was due to such companies giving out or repaying loans, Bank Negara Malaysia (BNM) said today. BNM governor Datuk Nor Shamsiah Mohd Yunus […]