A European-based wellness center is targeting Sabah as a strategic location for its expansion into the ASEAN market, particularly in the wellness and biopharmaceutical sectors. Dr Mike Chan, Chairman of the European Wellness Biomedical Group based in Germany,...
UAE and Malaysia have inked a Memorandum of Understanding (MoU) aimed at bolstering investment cooperation in digital infrastructure. The agreement, signed by the Ministry of Investment of the UAE and Malaysia’s Ministry of Investment, Trade and Industry (MITI),...
The Sarawak Transport Ministry (MOTS) has initiated efforts to enhance aviation infrastructure in the region by submitting upgrade proposals for Kuching International Airport (KIA) and Miri Airport to the Federal Transport Ministry. These proposals aim to meet the...
Ferrotec Holdings Corporation, a prominent global supplier of materials and precision system solutions based in Japan, has unveiled its latest manufacturing facility at Kulim Hi-Tech Park in Kedah, Malaysia. The facility specializes in electromechanical assembly and...
Japanese cosmetics giant Kao is ramping up its global presence by opening the flagship store of the British luxury fragrance brand Molton Brown in Kuala Lumpur, Malaysia. This launch is a joint partnership with Valiram, Southeast Asia’s premier luxury and...
The Malaysian Ministry of Energy Transition and Public Utilities, through the Sustainable Energy Development Authority (Seda), has granted approval for the implementation of 22 renewable energy (RE) projects focused on biogas and biomass, boasting a collective...
Distributors of luxury brands in Vietnam, including Louis Vuitton, Chanel, Dior, and Hermes, reported profits of VND 3.8 trillion (USD 156.57 million) in 2022, marking a remarkable 270% increase compared to the previous year. Recent reports also indicate that the...
German tire brand Schwalbe recently announced the decision to centralize all tire and tube manufacturing operations in Vietnam in response to the tense conditions in the bicycle industry. Instead of being able to rely on long-term commitments, orders are now almost...
The South Korean government recently announced the establishment of a corporate entity in Vietnam, named K-UPA, with the aim of establishing a logistics center in the Southeast Asian nation to support small and medium-sized enterprises (SMEs). The launch of K-UPA is...
Vietnam has entered the race in Asia to develop generative artificial intelligence (AI) programs tailored to local languages and cultures, aiming to reduce reliance on services provided by US tech companies. Vingroup, a Vietnamese conglomerate, garnered significant...
In January 2024, the 3D Technology in Medicine Center (3D Lab) of VinUniversity, a private university in Vietnam, signed a Memorandum of Understanding (MoU) with CustoMED – Sheba Medical Center, from Israel. This milestone marks a significant advancement in the...
Manufacturers and importers of tires, inner tubes, batteries, motor oil, and paper and board packaging are now obligated to recycle a portion of these products under new regulations recently entered into force in Vietnam. According to the Director General of the...
