KUALA LUMPUR, June 27 — Malaysia will face significant negative impacts if BlackRock Inc withdraws its investments from the country, Minister of Investment, Trade and Industry...
Minister of Investment, Trade and Industry Datuk Seri Tengku Zafrul Aziz speaks during Minister’s Question Time at Parliament June 27, 2024. — Bernama picKUALA LUMPUR, June 27 — Malaysia will face significant negative impacts if BlackRock Inc withdraws its investments from the country, Minister of Investment, Trade and Industry Datuk Seri Tengku Zafrul Aziz has warned.
“This includes the semiconductor industry in Penang, Infineon Technologies in Melaka and Kedah, Texas Instruments in Melaka and Kuala Lumpur, and Boeing’s subsidiary Aerospace Composites Malaysia in Kedah.“In terms of job creation, Microsoft, which invested RM32 billion, created over 10,000 jobs; Texas Instruments, with RM13 billion, hired 2,000 employees; Boeing, with RM300 million, hired 900; and ROHM invested RM3 billion in Kelantan, hiring 2,000 workers.
“From the ministry’s standpoint, we have no dealings with BlackRock Inc. Our dealings are with companies like Microsoft and Intel; we have no dealings with the shareholders of these companies,” he clarified.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tengku Zafrul to unveil further details on National Semiconductor Strategy tomorrowKUALA LUMPUR: Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz will unveil further details about the National Semiconductor...
Read more »
(Video) Pahang Prince Tengku Hassanal Sent Hearts Fluttering When He Spoke In KoreanMalaysia Latest News, Trends and Entertainment
Read more »
Tengku Zafrul highlights efforts to export local art abroadLegal scholar Albert Chen says residents who engage in speech or publication have to judge for themselves whether it is considered seditious under ordinanceEx-director of public prosecutions Grenville Cross says threshold for police officer to make arrest is lower than that for prosecutor to press...
Read more »
Global Infrastructure Partners: BlackRock is not involved in MAHB privatisationKUALA LUMPUR, June 21 — Global Infrastructure Partners (GIP) reiterates that BlackRock Inc has not in any way been involved in the transaction relating to Malaysia Airports...
Read more »
Jangan tunggang isu BlackRock bagi wujudkan persepsi jahatNIBONG TEBAL: Tindakan beberapa pihak yang “menunggang” isu penyertaan BlackRock Inc dalam penstrukturan semula kepentingan Malaysia Airport Holding B...
Read more »
Exploiting BlackRock issue mere political tactics to create negative perceptionNIBONG TEBAL: The exploitation by certain parties of BlackRock Inc.’s purported involvement in the restructuring of Malaysia Airport Holding Bhd (MAHB...
Read more »