Malaysia & Indonesia talks – defence industries
Malaysia is in talks with Indonesia about possible co-operation on developing both nations’ defence industries. Defence Minister Datuk Seri Dr Ahmad Zahid Hamidi said, “Indonesia and Malaysia have their respective expertise in the defence industry, thus, if this cooperation can be achieved and later expanded to the Asean nations, it will be a good start for the asset industry and the defence equipment industry.” And he added, “We are still discussing how to strengthen bilateral cooperation in the defence industry pertaining to armoured vehicles, Maintenance Repair and for the assets...
February 24th, 2010
Malaysia leader in Apac contact centres
Malaysia’s multi-lingual population is driving the country’s growth in the contact centre market in Asia Pacific (Apac) according to Interactive Intelligence Inc, a global business telecoms provider. It says that Malaysia is on track to become the market leader in the region with an estimated market size of RM94 million this year and that Malaysia’s contact – or call centre – business is expected to grow 20 percent to 25 percent in 2010. Last year, Malaysia’s contact centre market contributed 13 percent to 15 percent to the Apac market, making it one of the leading country contributors...
February 24th, 2010
Malaysia to expand broadband to rural areas
Malaysia plans to expand mobile broadband to rural areas says Information Communication and Culture Minister, Datuk Seri Dr Rais Yatim. The Minister said that by August, broadband coverage would be expanded nationwide and that community internet clubs would be set up in villages across the country . ”We will carry this out in collaboration with Telekom Malaysia and several telcos,” he said.
February 24th, 2010
$468 million in potential deals from India
Malaysia and India are looking at some $468 million worth of potential trade following Malaysian Prime Minster Najib Razak’s visit to India last month. Mustapa Mohamed, Malaysia’s Minister for International Trade and Industry said a new round of talks will take place in late March and if the investments come to fruition then they will boost Malaysia’s economy. “We want to see the projects come to fruition in the near future,” Mustapa said adding his ministry will monitor the progress once every four months.
February 24th, 2010
KKIP increasingly attractive to foreign investors
The Kota Kinabalu Industrial Park (KKIP) is becoming an attractive destination for major foreign investors, says Sabah Chief Minister Datuk Seri Musa Aman. He said that at least four big investors are expected to make investments worth billions of ringgit in the next two years. And he added that these high-profile investors would inject more confidence among the global investment community. The minister said that the proximity to the Sepanggar port, the naval base, the marine department headquarters and the many education institutions located nearby, would be an added attraction for investors. So...
February 24th, 2010
Malaysia’s rich list revealed
Malaysia’s 40 richest people saw their fortunes increase last year and they became collectively worth RM156.7 billion as at January 15, up 63 per cent on last year’s figure, according to a “Malaysian Business” survey. The wealth of the Top 40 was calculated based on the value of their stakes in listed companies. The survey also revealed almost half of those in the top forty saw their wealth increase by 50 per cent or more, thanks to the rise in stocks. There are also more billionaires this year – 22, eight more than last year. Tan Sri Robert Kuok, head of the Kuok Group...
February 24th, 2010
Minister calls for more post grad R&D courses
Malaysia’s private institutions of higher learning are being encouraged to offer more research and development post-graduate courses and programmes by Higher Education Minister Mohamed Khaled Nordi. The Minister told reporters at the signing of a memorandum of understanding (MoU) between Kolej Universiti Mahsa and the UK’s University Of Northumbria, that such a move would help turn Malaysian in to a centre for higher studies in south east Asia. “I feel the time has come for private universities in the country to offer post-graduate courses and R&D so that Malaysia can become a centre...
February 24th, 2010
Malaysia aims for 24 million tourists in 2010
Malaysia has set a target to attract 24 million tourists in 2010 and a goal of RM54 billion in tourist spending, says Tourism Minister Ng Yen Yen. While many countries saw a decline in tourist arrivals in 2009, due to the global economic crisis, Malaysia’s increased slightly over 7 percent to 23.6 million tourists who spent an estimated RM51 billion. In January 2010, tourists arrivals were up 1.4 percent to 1.89 million from 1.87 million a year ago. Singapore is the leader in visitors to Malaysia but India, Australia, Taiwan and South Korea also registered double-digit growth. Malaysia is...
February 24th, 2010
Malaysian victory at Doha regatta
Malaysia sailed to victory in the Optimist open category at the Qatar International Regatta in Doha. Mohd Afendy Abdullah, general manager of the Malaysian Yachting Association said Ahmad Latif Khan took the top spot while his fellow Malaysians Ahmad Syukri Abdul Aziz, Muhamad Faizal Norizan and Muhamad Farhan Hamid finished second, third and fourth. “Overall, Malaysia emerged as runners-up, which is an outstanding achievement,” he said. More than 200 competitors took part from 12 different countries including Australia, New Zealand and India.
February 24th, 2010
Record Malaysian exhibitors for Melbourne expo
The 18th Asia-Pacific Incentives & Meetings Expo (AIME) which takes place in Melbourne on March 2 and 3 will see 32 exhibitors from Malaysia – the biggest delegation to ever take part. “Malaysia is sending a very strong group this year because of the importance of AIME,” said Mohd Hafiz Hashim, Tourism Malaysia’s new Melbourne director. AIME is going from strength to strength, and to tap into its vast potential, Tourism Malaysia has established MyCEB – Malaysia Convention and Exhibition Bureau – with Zulkefli Sharif as its chief operations officer,”...
February 24th, 2010
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