Malaysia has approved RM2.07 billion worth of renewable energy investments from January to August this year.

Malaysia continued to attract foreign direct investments despite a slower global economic pace.

Multi Management and Future Solutions Malaysia: Malaysia has endorsed RM2.07 billion worth of renewable vitality speculations from January to August this year, outperforming the RM1.37 billion recorded for the entire of a year ago. 

Malaysian Investment Development Authority (Mida) vice president official officer II Datuk N. Rajendran said the speculations endorsed for the eight months were 33 for each penny, or RM700 million, higher than the entire of a year ago. 

He said Malaysia kept on pulling in outside direct ventures in spite of a slower worldwide financial pace. 

"A year ago, we endorsed RM36.14 billion of outside interests in assembling, administrations and essential parts," he said after the opening of the Renewable Energy Symposium 2016, here, yesterday. 

The occasion intends to present German innovation arrangements and ability to all partners from private and open areas in renewable vitality related fields in Malaysia, especially in decentralized and off-network control era. 

There will be 60 business coordinating sessions with eight German organizations at the symposium, which closes tomorrow. 

"Germany's ventures are solid in electrical and gadgets and in addition petroleum items, including petrochemicals, chemicals, and logical and measuring hardware," he said. 

With the expansion in endorsed ventures, Malaysia and Germany could see more grounded exchange ties, especially in renewable vitality. 

"The supported inflows of value German speculations into Malaysia, some consolidating the most recent innovation and high esteem included exercises, are an impression of Malaysia's proceeded with aggressiveness for worldwide organizations. 

"Among the European Union nations, Germany is our biggest financial specialist. As of August this year, we have affirmed a sum of 562 assembling ventures with German investment. These ventures, which totalled RM41.02 billion, have made 66,430 business openings," he included. 

Among the German organizations that had set up their bases in Malaysia are Infineon, Osram, SGL Carbon, Continental, BASF, Elektrisola, B. Braun, Robert Bosch, Siemens, X-Fab, Jowat, Schmidt + Clemens, SEW Eurodrive and Mühlbauer. 

Germany is Malaysia's twelfth biggest exchanging accomplice internationally, with aggregate two-sided exchange of RM43.03 billion a year ago.

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PPC said the Cantara Residences project is expected to be completed within 30 months from site possession.

PPC’s outstanding order book and tender book stood at RM1.25 billion and RM1.93 billion respectively.

Multi Management and Future Solutions Malaysia: Putrajaya Perdana Bhd's wholly-owned construction arm, Putra Perdana Construction Sdn Bhd (PPC), has recently clinched a RM408 million contract to build Sime Darby Ara Damansara Development Sdn Bhd’s high-end Cantara Residences project in Ara Damansara.

In a statement today, PPC said the contract involved the construction of 17-storey buildings comprising 756 units of serviced apartments on a 7.12 acres land.

It said the project also includes the construction of two floors of office units and shoplots, car parks and common facilities.

PPC said the Cantara Residences project is expected to be completed within 30 months from site possession, with target completion date set in May 2019.

The project is expected to contribute positively to the financial performance of the company, it said.

The latest Cantara Residences project award brings the total projects secured in 2016 by PPC to approximately RM765 million.

As at October 31, 2016, PPC’s outstanding order book and tender book stood at RM1.25 billion and RM1.93 billion respectively.

PPC said it is currently working on submitting tenders for approximately RM6 billion worth of contracts.

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Tun Razak Exchange (TRX) land, which the pilgrims fund bought last year, into a high-value residential development.

We also liked the fact that the land would be ‘equipped’ in terms of infrastructure and connectivity.

Multi Management and Future Solutions Malaysia: Tabung Haji gather overseeing executive and CEO Datuk Johan Abdullah says it bodes well to build up the Tun Razak Exchange (TRX) arrive, which the explorers finance purchased a year ago, into a high-esteem private improvement.

Reviewing the debate encompassing the land securing, he said: "TRX made a significant intriguing scene on the radar screen because of different observations before. TRX is very individual to me and I have attempted to clarify on the business and business side of it.

"Taking a gander at what TH Properties (Sdn Bhd) had at that specific time, we were considering upscaling for the property arm and considered a high-esteem private advancement.

"We additionally enjoyed the way that the land would be "prepared" as far as framework and availability," said Johan.

TH Properties is an entirely claimed backup of Tabung Haji.

Johan, who is likewise the board individual from LTH Property Holdings Ltd and LTH Property Holdings 2 Ltd, made a stride back and remembered on the questions that not in any case one KLCC tower could have been built, not to mention two.

Tabung Haji purchased the 0.631ha TRX arrive from 1Malaysia Development Bhd for RM188.8 million, or RM2,700 per sq ft, a year ago.

Regardless of weights to offer it taking after objections from specific quarters, TH Properties chose to form the plot into top of the line condo.

Its market valuation at the time was RM3,100 per sq ft with an expected gross improvement estimation of RM820 million.

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Malaysia will continue spearheading the growth of the world's Islamic finance innovation.

The three winning presentations and Each of the winners would receive RM15,000 prize money.

Multi Management and Future Solutions Malaysia: Malaysia will keep initiating the development of the world's Islamic fund advancement, particularly on the back of the foundation of the inaugural Islamic Finance InnoFest 2016 (IFInnoFest). The occasion prior today observed presentations from specialists over a wide scope of fragments from capital markets, home financing and monetary innovation (fintech).

The three winning presentations were "A Shariah-based, Socio-financial matters Fintech Solution" and "Value Discovery Mechanism" from International Center for Education in Islamic Finance (INCEIF); and "List Link Sukuk" from Australia-based Deakin University.

Each of the champs would get RM15,000 prize cash.

Talking at the question and answer session, Professor of Finance and seat of back at Deakin University and also the mind behind "File Link Sukuk", Dr Paresh Narayan said that more joint efforts between industry players and analysts are required.

"In this way, the scholarly community and industry have been standing separated and we require a greater amount of these occasions to proceed creative the business," Paresh.

"Along these lines I recognize what Bank Negara and INCIEF are doing in helping the business push ahead."

IFInnoFest 2016 is among the activities led by the Islamic back industry to serve as a stage in invigorating imaginative thoughts in its intend to present the business.

Making its presentation today, the one-day IFInnoFest 2016 was sorted out by INCEIF with the support of Bank Negara Malaysia, Association of Islamic Banking Institutions Malaysia and Malaysian Takaful Association.

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Indonesia's Palm Oil Output is Expected to Drop 15 per cent to 22.5 million Tonnes in 2016.

To Encourage More Demand For Palm Oil from our Traditional Customers.

Multi Management and Future Solutions Malaysia: Indonesia's palm oil yield is relied upon to drop 15 for every penny to 22.5 million tons in 2016, said Indonesian Palm Oil Producers Association (Gapki) executive Joko Supriyono.

"It is vital for Indonesia, particularly on an administration to-government stage, to energize more interest for palm oil from our customary clients," he said.

Joko was tending to somewhere in the range of 1,300 agents at the twelfth Indonesia Palm Oil Conference (IPOC). The current year's investment has enlarged to more than 30 nations.

The Indonesian Oil Palm Producers Association, or Gabungan Pengusaha Kelapa Sawit Indonesia (Gapki), is facilitating the world's greatest yearly oil palm gathering, beginning yesterday.

Executive of IPOC 2016, Mona Surya, apparently said the current year's meeting conveys the topic 'Harmonization between Market, Market and State Interests'.

"There are six million families in Indonesia whose occupations rely on upon oil palm planting. That implies there are more than 24 million individuals who are bringing home the bacon from this segment," she said at the opening service toward the beginning of today.

Mona pledges that through positive battles, general society will come to perceive how much this part adds to Indonesia's economy. The developing business is raking in the most remote profit by means of fares.

"In 2015, the fare commitment was US$18.5 billion, the greatest patron to the national fare forex saves," Mona said.

The twelfth IPOC and the 2017 Price Outlook is a discussion for business senior administrators and policymakers in Indonesia to figure new systems to illuminate challenges oil palm grower confront.

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