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By value of investments, Penang was first with RM9.1 billion, followed by Selangor (RM8.7 billion), Sarawak (RM8.5 billion), Johor (RM6.6 billion) and Kedah (RM6.1 billion).
Although BN federal government has actively persuaded foreign investors to invest in states controlled by BN, Penang, Selangor and Kedah are still their preferred choice of locations.
This is a big slap on the face of BN and Mustapa.
BN government is again selectively NOT to disclose Malaysia net FDI is still NEGATIVE.
Highest ever FDI for Malaysia
By RUPA DAMODARAN
Foreign direct investments increase by 12.3pc to RM32.9b
KUALA LUMPUR: MALAYSIA attracted RM32.9 billion in foreign direct investments (FDIs) last year, the highest ever recorded, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed yesterday.
The manufacturing sector accounted for the largest share of FDIs, which increased by 12.3 per cent from RM29.3 billion in 2010.
“Just like our total trade performance for last year, 72 per cent of the FDIs came from Asian countries,” he said at the Malaysian Investment Development Authority (Mida) annual media conference.
Last week, he said the country’s total trade for last year was RM1.269 trillion, the highest ever, which was underpinned by inter-Asian trade.
He said Malaysia had done reasonably well, considering the challenging external environment, and had exceeded its investment target.
For the first time, Mida’s statistics captured the total investments approved in the manufacturing, services and primary sectors, which showed a 40.7 per cent rise to RM105.6 billion from 4,368 projects last year. The primary sector, comprising agriculture, mining and plantation, and commodities sub-sectors were previously not included in Mida’s total investment figures. Mustapa said the surge in investment figures showed investors’ confidence in the country.
“It also indicates that Malaysia is on track to attaining the investment targets set under the Economic Transformation Programme by 2020.” Domestic investments accounted for 55.4 per cent of total approved investments.
Sarawak attracted the highest amount of approved investments at RM14.35 billion, followed by Penang (RM14.04 billion),
Sabah (RM13.68 billion) and Selangor (RM13.47 billion). He said domestic investors played an important role and were as active as their foreign counterparts in private investments. The manufacturing sector continued to be a significant source of growth. Of the total investments approved for the sector, RM34.2 billion, or 61 per cent, were by foreign investments in new projects.
Japan led the pack of foreign investors with investments totalling RM10.1 billion, followed by South Korea (RM5.2 billion), the United States (RM2.5 billion), Singapore (RM2.5 billion) and Saudi Arabia (RM2.2 billion).
On the performance of the states in terms of the number of projects approved, Mustapa said Selangor, Johor and Penang topped the list with 263 projects, 188 projects and 109 projects. By value of investments, Penang was first with RM9.1 billion, followed by Selangor (RM8.7 billion), Sarawak (RM8.5 billion), Johor (RM6.6 billion) and Kedah (RM6.1 billion).
“Penang, Malaysia’s Silicon Valley, has done well not only for the past one to two years, but for the last 30-odd years, due to the strong support of the Federal Government, which continues to spend money to improve its infrastructure with a new bridge and airport.”
The Northern Corridor Economic Region registered the largest number of investments in projects with RM15.3 billion of approved manufacturing licences, followed by Sarawak Corridor of Renewable Energy (RM8.2 billion), Iskandar Malaysia (RM5.7 billion), East Coast Economic Region (RM4.6 billion) and Sabah Development Corridor (RM900 million).
I just bought a camera backpack bag from a local online store and realized the bag was imported from an Israel company, Kata www.kata-bags.com after I unpacked the packaging.
Can anti-Jewish UMNO-led BN government explains why the trade embargo against Israel is not fully enforced?
I am not anti-Jewish, but disapprove Israel occupation on Palestinian land and feel guilty to support Israel indirectly by buying their product.
This is a new bullet for PR to attack BN in the Malay kampongs, please use this case at free of charge.
Improving muscle flexibility and strength through stretching exercise on the custom-made bench.
Click on the image to visit the website.
Stretch Chair dimensions:
Width 0.5 m, Length 1.2 m and Height 0.5 m
Post height from the ground: 1.8m
Features:
- Stretch Chair is a custom-built bench for body stretching exercise with comfortability and safety features.
- The product is designed and manufactured in Malaysia. 100% green material like rubber wood is used, easy to assemble by anyone and good finishing.
- The chair can be used by people from all ages as long as they have no serious illness such as heart problem.
Yes, congratulation to LGE and his team for turning the table after poor achievement in 2009 although BN government is pulling your legs.
Let revive Penang economics to another lion like the Singapore with new mindset and CAT principle.
PR state governments can prove BOLEH provided they do not follow BN corrupt practices and become arrogant as UMNO.
Penang is top in attracting investments
Opalyn Mok
http://www.thesundaily.com/article.cfm?id=56537
GEORGE TOWN (Jan 19, 2011): Penang attracted the highest amount of investments in the country last year, recording a total RM12.238 billion, a jump of 465% compared to the total investments in 2009.
In announcing this, Penang Chief Minister Lim Guan Eng, who cited figures obtained from the Malaysian International Development Agency (MIDA), said it was a pleasant shock that Penang came up first last year.
“We did not expect to be the top state with the highest amount of investments, we were thinking that we’d be in second or third place,” he said.
Lim, who could not stop beaming when announcing the news, said this once again showed that Penang really takes the lead.
“This is the first time in history that Penang has topped the list of investments amongst all states and has the highest investment received ever,” he said. Continue reading >> Penang 2010′s achievement is due to efforts from PR government
Watch for yourself here:
Youtube URL: http://www.youtube.com/watch?v=7lz0pZAKzH0
UMNO Division Chairman for Titiwangsa Johari Bin Abdul Ghani made it clear that he did not need the Chinese and Indians to win the Titiwangsa seat. Making a mathematical calculation, all he needs is the 32,000 Malay voters and that is all. He made it very clear that the Chinese and Indians are a minority and they are nothing but Customers/Consumers. So he has made it clear that he does not need their vote.
Johari Bin Abdul Ghani is the Managing Director of CI Holdings Bhd, the owner (as a 30% shareholder) of Permanis Sdn. Bhd. He came on the Board of this company on the 29th of November 2002.
http://www.cih.com.my/html/direct.html
Permanis is the licensed bottler of these products and you may be familiar with some of them:-
SOFT DRINKS : PEPSI, PEPSI MAX, PEPSI LIGHT, PEPSI TWIST, 7-UP, MIRINDA, FROST, EVERVESS, KICKAPOO, MOUNTAIN DEW;
ISOTONIC DRINKS: REVIVE,REVIVE LIME BURST, EXCEL, GATORADE, GATORADE QUIET STORM;
TEA: LIPTON ICE TEA, LIPTON GREEN TEA 9
COFFEE: BOSS
ENERGY: STING
ASIAN DRINKS: CHILL
JUICE: TROPICANA TWISTER, TROPICANA 100% , TROPICANA JUICE PLUS
WATER: BLEU , SHOT
As a consumer, you have the rights to purchase other products. Below is my recommended list.
There are substitutes for Permanis products.
Coco-cola replaces Pepsi.Spirit replaces 7-Up.
Cameron Highlands Boh tea replaces Lipton tea.
Pokka lemon tea replaces Lipton lemon tea
Local SPRITZER mineral water replaces Bleu.
F&N orang juice replaces Mirinda.
Ali Kopi replaces Boss coffee.
Yeos’ Sofa Bean replaces Chill
100 Plus replaces Excel
F&N Sarsi replaces Frost
Minute maid, Peel fresh and Yup juice replaces Tropicana.
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