{"id":851858,"date":"2025-05-29T00:12:06","date_gmt":"2025-05-29T05:12:06","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/29\/malaysia-on-course-to-become-asian-tiger-says-kor-ming\/"},"modified":"2025-05-29T00:12:06","modified_gmt":"2025-05-29T05:12:06","slug":"malaysia-on-course-to-become-asian-tiger-says-kor-ming","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/29\/malaysia-on-course-to-become-asian-tiger-says-kor-ming\/","title":{"rendered":"Malaysia on course to become \u2018Asian Tiger\u2019, says Kor Ming"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div id=\"home\">\n<div>\n<div>\n<hr>\n<p>\n        <span><br \/>\n                <span><br \/>\n            Updated 8 months ago \u00b7<br \/>\n            Published on 11 Sep 2024 10:16AM \u00b7<\/p>\n<p>        <\/span><br \/>\n        <span><br \/>\n          <i><\/i><br \/>\n        <\/span><br \/>\n    <\/span>\n<\/p>\n<\/p><\/div>\n<div>\n<figure>\n                                <img decoding=\"async\" src=\"https:\/\/turbo.themalaysianinsight.com\/resources\/stories_images\/259425\/nga_kor_ming_tmikamal_03__full.jpg\" alt width=\"100%\"><figcaption>Housing and Local Government Minister Nga Kor Ming says Malaysia is on course to become the \u201cAsian Tiger\u201d with five unique advantages to attract foreign investment. \u2013 The Malaysian Insight file pic, September 11, 2024. <\/figcaption><\/figure>\n<\/p><\/div>\n<p>MALAYSIA is on course to become the \u201cAsian Tiger\u201d with five unique advantages to attract foreign investment, said Housing and Local Government Minister Nga Kor Ming.\u00a0<\/p>\n<p>Nga said Malaysia\u2019s political stability was crucial for drawing investments, noting that the government had provided clear guidance through several strategic blueprints like the New Industrial Master Plan 2030 and the New Energy Transition Roadmap.\u00a0<\/p>\n<p>He said these blueprints were already yielding results, with the country\u2019s economy back on track and gross domestic product growth exceeding expectations over the past two quarters, resulting in international financial institutions upgrading their ratings for Malaysia, making it an attractive foreign investment destination.\u00a0<\/p>\n<p>\u201cAdditionally, Malaysia\u2019s cultural diversity facilitates easy integration for foreign investors with minimal language barriers.\u00a0<\/p>\n<p>\u201cThe presence of high-quality international schools also allows investors to easily relocate their families and build their second home here,\u201d he said, Bernama reported.\u00a0<\/p>\n<p>He was speaking at the 17th World Chinese Entrepreneurs Convention held at the Kuala Lumpur Convention Centre yesterday.\u00a0<\/p>\n<p>Nga noted the importance of protecting local small and medium enterprises amid the influx of foreign investments, adding that foreign companies should not transfer unwanted industries to Malaysia.\u00a0<\/p>\n<p>\u201cWhen Chinese companies invest in Malaysia, they should employ 50% local staff and allow local businesses to hold 50% equity.\u00a0<\/p>\n<p>\u201cIt is crucial that while we welcome foreign investment, our local companies are safeguarded and benefit from these investments through strategic synergies,\u201d he said. \u2013 September 11, 2024. \u00a0<\/p>\n<hr><\/div>\n<hr>\n<p>Sign up or sign in <a href=\"https:\/\/www.themalaysianinsight.com\/login\">here<\/a> to comment.<\/p>\n<\/p><\/div>\n<p> Sharie Grumbles <a href=\"https:\/\/www.themalaysianinsight.com\/s\/487588\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Updated 8 months ago \u00b7 Published on 11 Sep 2024 10:16AM \u00b7 Housing and Local Government Minister Nga Kor Ming says Malaysia is on course to become the \u201cAsian Tiger\u201d with five unique advantages to attract foreign investment. \u2013 The Malaysian Insight file pic, September 11, 2024. MALAYSIA is on course to become the \u201cAsian<\/p>\n","protected":false},"author":1,"featured_media":851859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1362,4263],"tags":[],"class_list":{"0":"post-851858","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-course","8":"category-malaysia"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/851858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=851858"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/851858\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/851859"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=851858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=851858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=851858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}