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17 Mar 2021 / 09:31 H.
PETALING JAYA: The Malaysian Investment Development Authority (Mida) and UMW Corp Sdn Bhd have entered into a memorandum of understanding (MoU) to further drive high-value quality investments into the country, by capitalising on each other’s capabilities and strengths to explore potential key areas of collaboration to attract investments that would create value to the nation’s economy.
In a joint statement, the parties said the investments include mobility, aerospace, machinery and equipment, manufacturing and engineering, talent training, research and development as well as industrial land development.
“The MoU will be a stepping stone to accelerate innovative and high-value industry stakeholders, including the UMW Group, to seize opportunities arising from the technology revolution in the new norm,” it said.
KUALA LUMPUR (March 2): Grand-Flo Bhd is planning to buy two properties in Genting Highlands the land and project development rights of an ongoing mixed development known as Grand Ion Majestic (GIM), and the adjacent serviced apartments and commercial lots of a completed project known as Grand Ion delemen (GID) for RM422.89 million.
It is buying the properties from Galeri Tropika Sdn Bhd (GTSB), which is majority owned by NCT Building & Civil Engineering Sdn Bhd (NCT BCE), a wholly-owned unit of NCT Venture Corp Sdn Bhd, in which Grand Flo s executive chairman and group managing director Datuk Seri Yap Ngan Choy holds 80% and his brother Datuk Yap Fook Choy holds 20%.
My earliest memory of Sea Park, or Seksyen 21, in Petaling Jaya all those years ago is the novelty of having nasi lemak at night in a back alley. Bumbung Nasi Lemak is still a popular late-night supper spot whose business extends from the five-foot way of corner shop Restoran Sun Fatt Kee to the entire length of the alleyway, which would be lined with plastic tables and chairs by dusk and ready for its patrons that keep coming back for the purveyor’s staples nasi lemak and Indomie ayam.
In addition to Bumbung Nasi Lemak, the commercial area in Sea Park bounded by Jalan 21/1, Jalan 21/21, Jalan 21/22 and Jalan 21/11, and on Jalan 21/12 is home to a vast array of rave-worthy eats, many of which have become popular over the years.
Itramas Corp Lee Choo BooItramas Corp Sdn Bhd chief executive officer Lee Choo Boo (pic) said the use of high technology is important and opens up opportunities to bring the country into the next level in terms of a high-income nation as well as having high-skilled and knowledge workers.
KUALA LUMPUR: Technology plays a vital role in developing a country economically and socially. It has the potential to drive economic growth and enhance social wealth by increasing the income levels.
For Malaysia, the high-technology industry has been the key contributor to the national economy, contributing US$90.3bil of exports in 2018, mainly from manufacturing exports which stood at 52.8%.