Malaysian Ministry of International Trade and Industry (MITI) aims to generate MYR 30 billion (USD 7.16 billion) in annual revenue and 30,000 highly-skilled employment by 2025 through initiatives implemented under the Malaysian Aerospace Industry Blueprint (MAIB) 2030...
Malaysia ranked first among emerging Southeast Asia in terms of potential in attracting foreign investors, as demonstrated by Milken Institute’s Global Opportunity Index for 2022. Malaysia is Asia’s third-largest bond market (behind Japan and the Republic of...
The Ministry of Energy and Natural Resources (KETSA) has launched the Malaysia Renewable Energy Roadmap (MyRER) to meet the national goal of 31% renewable energy (RE) capacity by 2025 and 40% by 2035. The MyRER will be implemented from 2022 to 2035, setting forth a...
Vietnam´s National Institute of Information and Communications Strategy has assessed that 5G services will contribute 7.34% to the country’s GDP growth by 2025. In this context, the Vietnamese Government is pursuing the goal of becoming one of the world’s leading...
The Indonesian government plans to establish a network of 136 villages dedicated to aquaculture by the end of this year, in a bid to spur the post-pandemic economic recovery by catering to global demand for farmed seafood. The country’s Ministry of Marine...
Indonesia has plans to establish a USD 4 billion polysilicon industry amid efforts to boost the production of solar panels. Polysilicon is a vital material for solar panels, and prices soared to a 10-year high in 2021, driving local solar firms to boost production of...
Indonesia recorded an FDI of IDR 454 trillion (USD 31.6 billion) in 2021, a 10% increase over the previous year. It aims to boost total investment by a third in 2022, bolstered by an influx of investment into its resource-processing sector. The country’s goal is...
Indonesia has revealed that a portion of its planned $125 billion investment in defense will go to procuring up to 50 new warships over the next two years. Defense Minister Prabowo Subianto said that the Indonesian government is now focusing on increasing the...
The Covid-19 pandemic has provided the digitization catalyst for many businesses. Covid-19 precautions have led to fewer wine tasting opportunities, which has led wine giant Penfolds to employ high-tech “phygital” interactive sensory tools to engage...
Singapore Airlines (SIA) and the National University of Singapore (NUS) have launched a new digital aviation corporate laboratory, which will co-create innovative technologies and solutions that would accelerate the digital transformation of Singapore’s aviation...
The Electricity Generating Authority of Thailand (EGAT) has moved forward with its policy of using clean energy and reducing carbon dioxide emissions with smart technology by deploying Siemens’s solutions in the world’s largest Hydro-Floating Solar Hybrid...
Indonesia is looking to develop a USD 4 billion polysilicon industry, which could pave way for the tropical country to produce more solar panels. The government has been in talks with several unidentified potential investors, who are set to partner with local...
