SAN FRANCISCO: Prime Minister Datuk Seri Anwar Ibrahim has met technology giants such as Google, Enovix Cooperation, Microsoft and TikTok here.
"I have held meetings with large companies that have acknowledged that they will extend their investments in Malaysia on a large scale," Anwar said.
"A stable political system and clear policies are among the important factors for them to invest in Malaysia.
"The approval process will also give them confidence. The speed of the presence of new investors will give Malaysia a new record," he told reporters from Malaysia after the meetings.
Google was represented by its president and chief investment officer Ruth Porat who is also the chief financial officer of Alphabet, Enovix by its chief operating officer Ajay Marathe, Microsoft Asia by its president Ahmed Mazhari and TikTok by chief executive officer Shou Zi Chew.
San Francisco Bay Area is home to many of the biggest Fortune 500 companies, which are the most innovative firms in artificial intelligence (AI) development, biotech, software, clean technology, and social media.
Anwar, who is also the Finance Minister has also received a courtesy call from TPG's founding partner, executive chairman and director Jim Coulter. TPG is a leading global alternative asset management firm.
The Prime Minister arrived here on Monday (Nov 13) for the 30th APEC Economic Leaders' Meeting (AELM) from Nov 14 to 17, marking his maiden visit for the official meeting as Prime Minister of Malaysia.
Also present during the meetings were Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, Communications and Digital Minister Fahmi Fadzil, Malaysia's ambassador to the United States Datuk Seri Mohamed Nazri Abdul Aziz as well as other senior government officials.
-- BERNAMA
Bernama
Thu Nov 16 2023
PM Datuk Seri Anwar Ibrahim witnessing the exchange of MoU between CEO of Malaysian Investment Development Authority (MIDA), Datuk Wira Arham Abdul Rahman and President and Chief Investment Officer; CFO of Alphabet and Google, Ruth Porat - BERNAMA
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Putin says BRICS will generate most of global economic growth
Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Minimum wage to increase to RM1,700 effective Feb 1, 2025
The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Bursa Malaysia ends higher on Budget 2025 optimism
The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Five important aspects relating to people’s lives in Budget 2025 - PM
The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Economic outlook: Govt plans to leverage, expand existing city transit system
The expansion aims to provide a more efficient and reliable public transportation network, reduce congestion, and improve accessibility.