Further, MICCI suggested the construction of an elevated pedestrian travelator to connect the Johor Bahru CIQ to Woodland CIQ –  a high impact solution to the daily traffic jams at the Causeway. Considering the resources constraints faced by the government right now, this project can be developed by the private sector in partnership with theGovernment on Build, Operate and Transfer basis.

Admittedly, six months is too short to give a fair judgment to the current government.MICCI has been asked to organize the same luncheon again in a year’s time, and we can be assured of more positive changes by then, said Datuk Isham, Secretary General ofMITI.

The Five-year Trade and Investment Plan(2019-2024) will reflect the government’s commitment in ensuring a conducive business environment for all. A total of 130existing investment incentives under the purview of the 32 investment promotion agencies would be reviewed.

Further, MICCI suggested the construction of an elevated pedestrian travelator to connect the Johor Bahru CIQ to Woodland CIQ –  a high impact solution to the daily traffic jams at the Causeway. Considering the resources constraints faced by the government right now, this project can be developed by the private sector in partnership with theGovernment on Build, Operate and Transfer basis.

Admittedly, six months is too short to give a fair judgment to the current government.MICCI has been asked to organize the same luncheon again in a year’s time, and we can be assured of more positive changes by then, said Datuk Isham, Secretary General ofMITI.

According to YB Dr Ong, MITI is now undertaking the new 3S approach, (i.e. search, seek and secure) and was first adopted in a trade and investment mission (TIM) recently led by YB Datuk Darell Leiking to Japan and Korea. It was highly successful with potential investment amounting to RM2.13 billion and RM711.14 million respectively mainly form the electrical and electronics, petrochemical, medical devices and household appliances industry.

The Five-year Trade and Investment Plan(2019-2024) will reflect the government’s commitment in ensuring a conducive business environment for all. A total of 130existing investment incentives under the purview of the 32 investment promotion agencies would be reviewed.

Further, MICCI suggested the construction of an elevated pedestrian travelator to connect the Johor Bahru CIQ to Woodland CIQ –  a high impact solution to the daily traffic jams at the Causeway. Considering the resources constraints faced by the government right now, this project can be developed by the private sector in partnership with theGovernment on Build, Operate and Transfer basis.

Admittedly, six months is too short to give a fair judgment to the current government.MICCI has been asked to organize the same luncheon again in a year’s time, and we can be assured of more positive changes by then, said Datuk Isham, Secretary General ofMITI.

YB Dr Ong highlighted that government will be very cautious in extending reinvestment incentives provided that companies are able to justify high value propositions to the National Investment Committee (NCI) and those undertaking Fourth Industrial Revolutions (IR 4.0) would most probably be considered.

According to YB Dr Ong, MITI is now undertaking the new 3S approach, (i.e. search, seek and secure) and was first adopted in a trade and investment mission (TIM) recently led by YB Datuk Darell Leiking to Japan and Korea. It was highly successful with potential investment amounting to RM2.13 billion and RM711.14 million respectively mainly form the electrical and electronics, petrochemical, medical devices and household appliances industry.

The Five-year Trade and Investment Plan(2019-2024) will reflect the government’s commitment in ensuring a conducive business environment for all. A total of 130existing investment incentives under the purview of the 32 investment promotion agencies would be reviewed.

Further, MICCI suggested the construction of an elevated pedestrian travelator to connect the Johor Bahru CIQ to Woodland CIQ –  a high impact solution to the daily traffic jams at the Causeway. Considering the resources constraints faced by the government right now, this project can be developed by the private sector in partnership with theGovernment on Build, Operate and Transfer basis.

Admittedly, six months is too short to give a fair judgment to the current government.MICCI has been asked to organize the same luncheon again in a year’s time, and we can be assured of more positive changes by then, said Datuk Isham, Secretary General ofMITI.

As the top investing country of origin, YB Dr Ong stressed that Chinese investment into the region is something we cannot ignore. Chinese investment amounted to RM9.5 billion, followed by Indonesia at RM 8.99 billion, the Netherlands at RM7.67 billion, USA at RM2.94billion, Japan at RM1.96 billion and Singapore at RM 1.18 billion. The well-diversified nature of investing companies as well as countries of origin puts Malaysia in a good position to attract more investments that are high value added and non-polluting. This would provideMalaysian SMEs with ample opportunities at the same time creating high paying and good quality jobs for the country.

YB Dr Ong highlighted that government will be very cautious in extending reinvestment incentives provided that companies are able to justify high value propositions to the National Investment Committee (NCI) and those undertaking Fourth Industrial Revolutions (IR 4.0) would most probably be considered.

According to YB Dr Ong, MITI is now undertaking the new 3S approach, (i.e. search, seek and secure) and was first adopted in a trade and investment mission (TIM) recently led by YB Datuk Darell Leiking to Japan and Korea. It was highly successful with potential investment amounting to RM2.13 billion and RM711.14 million respectively mainly form the electrical and electronics, petrochemical, medical devices and household appliances industry.

The Five-year Trade and Investment Plan(2019-2024) will reflect the government’s commitment in ensuring a conducive business environment for all. A total of 130existing investment incentives under the purview of the 32 investment promotion agencies would be reviewed.

Further, MICCI suggested the construction of an elevated pedestrian travelator to connect the Johor Bahru CIQ to Woodland CIQ –  a high impact solution to the daily traffic jams at the Causeway. Considering the resources constraints faced by the government right now, this project can be developed by the private sector in partnership with theGovernment on Build, Operate and Transfer basis.

Admittedly, six months is too short to give a fair judgment to the current government.MICCI has been asked to organize the same luncheon again in a year’s time, and we can be assured of more positive changes by then, said Datuk Isham, Secretary General ofMITI.

Malaysia continues to attract Foreign Direct Investment (FDI) at a healthy rate. From January to August 2018, Malaysia recorded a total of RM61.6 billion in investment approvals, up fromRM40.4 billion during the same time in 2017. Investors confidence in Malaysia has not wavered after the 14th general election, said YB Ong at the MICCI Annual Business Luncheon held on the 25th of October at the Royale Chulan Damansara Hotel.

As the top investing country of origin, YB Dr Ong stressed that Chinese investment into the region is something we cannot ignore. Chinese investment amounted to RM9.5 billion, followed by Indonesia at RM 8.99 billion, the Netherlands at RM7.67 billion, USA at RM2.94billion, Japan at RM1.96 billion and Singapore at RM 1.18 billion. The well-diversified nature of investing companies as well as countries of origin puts Malaysia in a good position to attract more investments that are high value added and non-polluting. This would provideMalaysian SMEs with ample opportunities at the same time creating high paying and good quality jobs for the country.

YB Dr Ong highlighted that government will be very cautious in extending reinvestment incentives provided that companies are able to justify high value propositions to the National Investment Committee (NCI) and those undertaking Fourth Industrial Revolutions (IR 4.0) would most probably be considered.

According to YB Dr Ong, MITI is now undertaking the new 3S approach, (i.e. search, seek and secure) and was first adopted in a trade and investment mission (TIM) recently led by YB Datuk Darell Leiking to Japan and Korea. It was highly successful with potential investment amounting to RM2.13 billion and RM711.14 million respectively mainly form the electrical and electronics, petrochemical, medical devices and household appliances industry.

The Five-year Trade and Investment Plan(2019-2024) will reflect the government’s commitment in ensuring a conducive business environment for all. A total of 130existing investment incentives under the purview of the 32 investment promotion agencies would be reviewed.

Further, MICCI suggested the construction of an elevated pedestrian travelator to connect the Johor Bahru CIQ to Woodland CIQ –  a high impact solution to the daily traffic jams at the Causeway. Considering the resources constraints faced by the government right now, this project can be developed by the private sector in partnership with theGovernment on Build, Operate and Transfer basis.

Admittedly, six months is too short to give a fair judgment to the current government.MICCI has been asked to organize the same luncheon again in a year’s time, and we can be assured of more positive changes by then, said Datuk Isham, Secretary General ofMITI.

Malaysia continues to attract Foreign Direct Investment (FDI) at a healthy rate. From January to August 2018, Malaysia recorded a total of RM61.6 billion in investment approvals, up fromRM40.4 billion during the same time in 2017. Investors confidence in Malaysia has not wavered after the 14th general election, said YB Ong at the MICCI Annual Business Luncheon held on the 25th of October at the Royale Chulan Damansara Hotel.

As the top investing country of origin, YB Dr Ong stressed that Chinese investment into the region is something we cannot ignore. Chinese investment amounted to RM9.5 billion, followed by Indonesia at RM 8.99 billion, the Netherlands at RM7.67 billion, USA at RM2.94billion, Japan at RM1.96 billion and Singapore at RM 1.18 billion. The well-diversified nature of investing companies as well as countries of origin puts Malaysia in a good position to attract more investments that are high value added and non-polluting. This would provideMalaysian SMEs with ample opportunities at the same time creating high paying and good quality jobs for the country.

YB Dr Ong highlighted that government will be very cautious in extending reinvestment incentives provided that companies are able to justify high value propositions to the National Investment Committee (NCI) and those undertaking Fourth Industrial Revolutions (IR 4.0) would most probably be considered.

According to YB Dr Ong, MITI is now undertaking the new 3S approach, (i.e. search, seek and secure) and was first adopted in a trade and investment mission (TIM) recently led by YB Datuk Darell Leiking to Japan and Korea. It was highly successful with potential investment amounting to RM2.13 billion and RM711.14 million respectively mainly form the electrical and electronics, petrochemical, medical devices and household appliances industry.

The Five-year Trade and Investment Plan(2019-2024) will reflect the government’s commitment in ensuring a conducive business environment for all. A total of 130existing investment incentives under the purview of the 32 investment promotion agencies would be reviewed.

Further, MICCI suggested the construction of an elevated pedestrian travelator to connect the Johor Bahru CIQ to Woodland CIQ –  a high impact solution to the daily traffic jams at the Causeway. Considering the resources constraints faced by the government right now, this project can be developed by the private sector in partnership with theGovernment on Build, Operate and Transfer basis.

Admittedly, six months is too short to give a fair judgment to the current government.MICCI has been asked to organize the same luncheon again in a year’s time, and we can be assured of more positive changes by then, said Datuk Isham, Secretary General ofMITI.