Mida chairman Tan Sri Sulaiman Mahbob giving a speech at the business seminar in Los Angeles on Dec 10. Arham, who completes a year at the New York office since his arrival at the start of 2009, said that although public investments in the United States had increased, the private sector was cautious with respect to investments. Arham, who was recently in California to assist in the visit of a Mida delegation from Malaysia, led by its chairman Tan Sri Dr Sulaiman Mahbob, was “impressed” by the “keen interest” shown by participants at two business seminars organised for the visiting delegation in Los Angeles and San Francisco. Arham said US corporations always preferred to use Malaysia as a base to maintain a strong presence between India and China, two exciting giant markets that US corporations want to tap for business. More News Business Headlines World markets mixed after Wall Street slips NY’s Tavern on the Green restaurant bites the dust Hugo Boss to close Cleveland plant FBM KLCI down 5 points at midday Nokia expands patent dispute beyond Apple iPhone String of investment bubbles marked 2000-09 Temasek spurns joint-bid invite US incident has little impact on Asian airlines DRB-HICOM and GM part ways after two years PM Securities fails to meet requirements CPO down on reports of lower exports SapuraCrest profit up 45% in Q3 Malaysia in recovery phase Ho Hup appoints valuer for sale of land parcels Briefly Has Primus made a wrong move on EON Cap? read more

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