Carolyn Khor's blog

  Semiconductor Manufacturing International Corporation (SMIC) founder Richard Chang said that more can be done to attract Chinese investors. He said that he personally knows of several Chinese companies that were interested in investing in Malaysia during “A Dialogue with Dr Richard Chang” held at Wawasan Open University's Homestead Mansion last Saturday (17 August). He believes that Malaysia is ready to move out of providing services to delve into Intellectual Property (IP) and product design. He said that the semiconductor industry started in the USA and moved eastwards until it reached Japan, Korea, Taiwan, Singapore and China, with some of the backend technologies in Malaysia. “China treasures the long-term cooperation and friendship with Asian countries, especially Singapore, Malaysia, Thailand, and Indonesia. There is a lot of potential due to the “very good relationship” with China. “If you ask me, how to do it? Just think about how Taiwan did it,” he said, adding that ...

Two types of investment, says Heah Press Statement by Penang Gerakan Economy & SME Bureau Chairman Michael Heah Aug 24, 2011 A Penang Gerakan leader has urged InvestPenang executive committee chairman Lee Kah Choon to concentrate on his portfolio to bring investments to Penang for the benefit of the people. Penang Gerakan economy and small and medium-scale enterprises bureau chairman, Michael Heah, said Lee should spend more time improving on his network to reach to more foreign investors, with the aim of attracting them to come to Penang. “Don’t sleep on your job and wake up trying to pick up quarrels with people. You are paid with public money and you should repay your gratitude with good results and achievements,” said Heah in a statement. Heah said Lee should know that there are two types of investment, namely new and reinvestment, as far as Penang is concerned. He said for reinvestment, a firm decision can be made faster, especially when the existing company is ...

Lim held a press conference to proof that Koh indicated an extraodinary amount of new investments coming to Penang. Lim showed the reporters news reports from several sources, including a video clip to back up his claims.