MOTAC proposes opening Langkawi to foreign tourists

KUALA LUMPUR (Oct 14): The Ministry of Tourism, Arts and Culture (MOTAC) has proposed to the National Security Council (MKN) to open Langkawi (pictured) to tourists from several selected countries under the ongoing pilot tourism bubble project.

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Malaysia remains an attractive investment destination but political stability needed for growth - ASEAN-BAC

KUALA LUMPUR (Sept 20): Malaysia remains an attractive investment destination but political stability needed for economic growth and investment, according to the recently concluded ASEAN Business Advisory Council (ASEAN-BAC) consultation meeting in Malaysia with business associations representing US businesses to discuss Malaysia’s efforts in attracting foreign direct investment (FDI) from the United States and its business communities.

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Ireka signs demerger agreement with Aseana Properties

KUALA LUMPUR (July 16): Ireka Corp Bhd has signed definitive agreements with London Stock Exchange-listed Aseana Properties Ltd to undertake a demerger exercise which involves separating the interests of Ireka Group from Aseana, where the former held a 23% stake in Aseana.

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