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Top related persons:
Tengku Zafrul Aziz - 2 Faris Hadziq - 1 Kenddrick Chan - 1 Aik Kean Chong - 1 Intel's - 1 Tan - 1 Yinglan Tan - 1 Datuk Seri Wong Siew Hai - 1
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Malaysia KUALA LUMPUR MALAYSIA Kuala Lumpur South East Asia China U.S
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Search resuls for: "Zafrul Aziz"


9 mentions found


☆ Malaysia emerges as a hotspot for semiconductor firms amid U.S.-China chip tensions
  + stars: | 2024-04-04 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com   time to read: +5 min
American chip giant Intel in December 2021 said it will invest more than $7 billion to build a chip packaging and testing factory in Malaysia, with production expected to begin in 2024. Malaysia holds 13% of the global market for chip packaging, assembly and testing services, said the Malaysian Investment Development Authority in a Feb. 18 report. Exports of semiconductor devices and integrated circuits increased by 0.03% to 387.45 billion Malaysian ringgit ($81.4 billion) in 2023, amid global chip demand weakness. Malaysia Semiconductor Industry Association president Datuk Seri Wong Siew Hai said many Chinese firms diversified some of their production to Malaysia, calling the country China's "plus one." In the same month, the world's largest contract chip maker TSMC opened its first Japan factory as it diversifies away from Taiwan amid U.S.-China tensions.
Persons: Faris Hadziq, Kenddrick Chan, Aik Kean Chong, Intel's, Tan, Yinglan Tan, Datuk Seri Wong Siew Hai, Zafrul Aziz, TSMC, Ann Lim Organizations: Getty, Malaysia, LSE, London School of Economics, Political, Semiconductors, Intel, CNBC, Infineon, Ventures Partners, Malaysian Investment Development Authority, Malaysian, Malaysia Semiconductor Industry, U.S ., U.S, China -, Partnership Locations: KUALA LUMPUR, MALAYSIA, Malaysia, Kuala Lumpur, South, East Asia, China, U.S, American, Penang, Another U.S, Singapore, Europe, Kong, GlobalFoundries Singapore, Klang, India, Japan, Taiwan, South Korea, Washington, Asia, China - U.S
☆ Eight Australian companies have made commitments to invest in Malaysia, minister says
  + stars: | 2024-03-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEight Australian companies have made commitments to invest in Malaysia, minister saysTengku Zafrul Aziz, Malaysia's minister of investment, trade and industry, discusses the ASEAN-Australia Special Summit and the World Trade Organization's decision to rule in favor of the EU in a palm oil dispute with Malaysia.
Persons: Tengku Zafrul Aziz Organizations: ASEAN, Summit, Trade, EU Locations: Malaysia
☆ EV investments will have a positive spillover effect for Malaysia, minister says
  + stars: | 2023-09-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEV investments will have a positive spillover effect for Malaysia, minister saysAttracting EV companies "will give spillover effect to the Malaysian companies, the SMEs and Malaysian corporates supplying to this group," Tengku Zafrul Aziz, Malaysia's minister of investment, trade and industry, tells CNBC's JP Ong on the sidelines of the ASEAN summit in Jakarta.
Persons: Tengku Zafrul Aziz, CNBC's JP Ong Organizations: Malaysian, ASEAN Locations: Malaysia, Malaysian, Jakarta
☆ China continues to be Malaysia's largest trading partner, says Malaysian trade minister
  + stars: | 2023-04-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina continues to be Malaysia's largest trading partner, says Malaysian trade ministerTengku Zafrul Aziz, Malaysia's minister of international trade and industry, says Malaysia is "back on the global investors' radar."
☆ Malaysia is back on investors' radar and wants to work with U.S. and China, says trade minister
  + stars: | 2023-04-06 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +1 min
Malaysia is determined to work with both the U.S. and China, Malaysia's trade minister Tengku Zafrul Aziz told CNBC Thursday, amid ongoing tensions between the two economic giants. "The top two investors and trading partners of Malaysia are both China and the U.S.," Zafrul told CNBC's "Squawk Box Asia" in an exclusive interview. "What we're seeing today is Malaysia is back on the global investors' radar screen. And we have had good productive discussions with both investors and companies from China and the U.S.," said Zafrul. He qualified that "China continues to be Malaysia's largest trading partner for 14 consecutive years" and that "China has always been the largest foreign investor into Malaysia."
☆ Singapore's Sea Group turns profitable for the first time
  + stars: | 2023-03-08 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +5 min
Sea Limited's e-commerce arm, Shopee, turned positive adjusted EBITDA for the first time in the fourth quarter of 2022. The group also posted its first-ever positive net income in the quarter. The chairman and group CEO of Sea Limited, said on Tuesday that 2022 was "another year of evolution for us." Shopee and SeaMoneyMeanwhile, e-commerce business Shopee and digital payments arm SeaMoney continued to see strong growth in 2022. Positive EBITDA, or earnings before interest, taxes, depreciation and amortization, refers to the company operating at a profitable level.
☆ Davos panel discusses the trade impacts of China's Covid reopening
  + stars: | 2023-01-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDavos panel discusses the trade impacts of China's Covid reopeningCNBC's Karen Tso leads the discussion on global trade and the challenges in supply chains. Malaysian Minister of International Trade & Industry Tengku Zafrul Aziz, Port of Antwerp-Bruges CEO Jacques Vandermeiren and Finland Minister for Development Cooperation & Foreign Trade Ville Skinnari join the panel.
☆ Malaysia's new government to continue participation in CPTPP: Minister
  + stars: | 2023-01-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMalaysia's new government is committed to continuing its participation in CPTPP, minister saysTengku Zafrul Aziz, Malaysia's minister of international trade and industry, discusses the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and says the concerns presented to the Cabinet have been addressed.
☆ Singapore's PropertyGuru slips back into the red with $5.3 million net loss for the third quarter
  + stars: | 2022-11-22 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +2 min
Lauryn Ishak | Bloomberg | Getty ImagesSingapore-based online property portal PropertyGuru posted a net loss of $7.4 million Singapore dollars ($5.3 million) for the quarter ended Sept. 30 — down from last quarter's net profit of SG$3.8 million. But that's still lower than the net loss of SG$9.6 million in the same period a year ago, and third quarter revenue grew by 47% year on year. Meanwhile, adjusted EBITDA for the third quarter improved to positive SG$5.7 million, up from an adjusted EBITDA loss of SG$1.5 million in the same period a year ago. The online portal provides information across the Singapore, Malaysia, Indonesia, Thailand and Vietnam marketplaces. In an interview with CNBC's "Squawk Box Asia" Tuesday, Dische pointed to trends in the Malaysia and Singapore property markets.
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