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FOREIGN INVESTMENT INTEREST “INTACT” Foreign investment interest in Malaysia reportedly “remains intact” based on data provided by the Malaysian Investment Development Authority (Mida). The Ministry of International Trade and Industrial continued to receive requests on the current value and inflows of foreign direct investment (FDI) via Mida. Most of the investments in Malaysia had been…

BANK NEGARA MAINTAINS BENCHMARK INTEREST RATE AT 3.25% Bank Negara Malaysia kept the Overnight Policy Rate (OPR) unchanged at 3.25%. The central bank denoted that the degree of monetary accommodativeness at the current OPR level is consistent with the intended policy stance, which accounts for monetary and financial conditions. (The Sun, The Star & The…

TOTAL TRADE ROSE 4.2% IN JANUARY TO MAY 2018 Malaysia’s total trade rose 4.2% from January to May 2018 to RM753.46 billion compared with the same period in 2017, due to improved trade with key markets such as China, Taiwan, Hong Kong, South Korea, the European Union (EU), Japan and Saudi Arabia. Exports also continued…

KTMB TO IMPROVE SERVICES, BUT CAN IT SERVE AS AN ALTERNATIVE TO HSR? While Keretapi Tanah Melayu Bhd (KTMB) intends on improving its tracking system and offer trains with enhanced quality, the rail operator is unsure of it being an alternative to the KL-Singapore High Speed Rail (HSR). This alternative plan would cost approximately 70%…

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