Japanese companies venturing into Malaysia’s digital tech, aviation

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

KUALA LUMPUR: After decades of focusing their operations on the electrical and electronics (E&E) sector, Japanese companies are now diversifying their...

: After decades of focusing their operations on the electrical and electronics sector, Japanese companies are now diversifying their huge investments into new areas to reaffirm their confidence in the country as their top choice foreign investment destination.

“There are now in total about 1,500 Japanese companies in Malaysia and these companies have contributed to industrialize Malaysia. About 40 per cent of Malaysia’s export is from the E&E sector and this E&E sector has traditionally been exactly the areas of focus of Japanese direct investment. We have grown together with Malaysia’s industrialization,“ he told Bernama.

In the health sector, last year saw Mitsui, one of Japan’s leading trading houses, acquiring additional 16 per cent of Malaysia’s global hospital network, IHH. On digital technology, a start-up company was set up in Malaysia this year to provide mobility data based services to improve driving safety awareness with having fun, and to contribute to the distribution of traffic volume and reduction of accidents.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japanese companies venturing into Malaysia’s digital tech, aviation | Malay MailKUALA LUMPUR, Oct 4 — After decades of focusing their operations on the electrical and electronics (E&E) sector, Japanese companies are now diversifying their huge investments into new areas to reaffirm their confidence in the country as their top choice foreign investment destination....
Source: malaymail - 🏆 1. / 86 Read more »

Malaysia Airlines' parent company says group is running out of cashThe group expects to be unable to meet its obligations, including payments to lessors, beyond November. FMTNews Bad times. Goverment must take care.
Source: fmtoday - 🏆 5. / 72 Read more »