In need of FDI Malaysia cannot afford to play same old protectionist games Potential data centre investments of US$2.9bil to US$3.6bil are at risk
In its desire to be seen as an attrative destination for foreign investment, the Malaysian government has accelerated, by 12 months its 5G rollout which will see a government company own and build the 5G network.
Quick release of unambiguous guidelines for new FDI tax exemptions Training under e-commerce campaign, grants, loans for digitalisation services
UOB Malaysia said that the number of its overseas clients, especially those from the electronics and semiconductor industries, investing in Penang will increase by 30% over the next 12 months.
The Indonesian Government is in the process of drafting a roadmap to address six key areas, with one of them looking at opening up the e-commerce sector to foreign investors.
Omron Corp has announced plans to construct two new facilities at its existing manufacturing plant, Omron Manufacturing Indonesia (OMI), in Indonesia’s West Java.
Singapore-based technology consultancy startup Alpha7 said it has raised an additional S$3.1 million (US$2.3 million) in funding from private investors, without elaborating.
Malaysia’s national ICT custodian Multimedia Development Corporation (MDeC) is bullish on the technology sector’s investment climate for this year, saying that foreign and domestic companies continue to show interest in setting up or expanding their presence in the country.
Investments in the ICT, energy and healthcare sectors by venture capital, private equity as well as strategic investors (through mergers and acquisitions) outperformed the others in 2014, according to Frost & Sullivan.
Japanese firms invested in 806 companies in Malaysia; 1,000+ in Singapore, nearly 2,000 in Thailand HSIS aims to grow revenue by 25% this year and by another 20% in 2015, says CEO