tags - Sinar Daily

Swedish telecommunications giant Ericsson was appointed as the 5G vendor by Digital Nasional Bhd (DNB) with contracts worth RM11 billion after a three-month tender process. According to DNB, Ericsson was picked out of four players and their estimated cost was around RM700 million lower than the next closest bid.

About nine months ago, the U.S Embassy visited Penang to discuss ESG practises besides investment and employment opportunities in the state - FILEPIC

National Tech Association of Malaysia (Pikom) - BERNAMA

Anwar Ibrahim - Bernama Photo

Malaysia’s semiconductor industry is set to benefit from the United States CHIPS and Science Act - 123RF Photo

IRB's chief executive officer, Datuk Mohd Nizom Sairi said under the Organisation for Economic Cooperation and Development’s (OECD) proposed global tax reform, tax breaks will be disadvantageous for the destination country as the MNC’s country of origin could claim the tax difference.

Malaysia is among 136 countires announced by the Organisation for Economic Co-operation and Development (OECD) previously as being ready to undertake reform in the global taxation system. - 123RF Photo

InvestKL, an agency under MITI says the investments included six well-known multinational corporations (MNCs) from the US, the UK, China, and Australia.

US President Joe Biden with Asian leaders including Malaysia's Prime Minister Datuk Seri Ismail Sabri Yaakob (second from right) attending the US-Asean special summit, at the White House on May 12. (Source: EPA)