BoomGrow Productions Sdn Bhd, a Malaysian agritech company, has entered a strategic partnership with CelcomDigi Berhad to revolutionize Malaysia’s agricultural sector. The collaboration focuses on integrating 5G connectivity, Artificial Intelligence (AI), and...
The Malaysian Ministry of Defense (MINDEF) has awarded a five-year contract worth MYR 378 million (USD 8.6 million) to BHIC AeroServices (BHICAS), a subsidiary of Boustead Heavy Industries Corp (BHIC). Under the agreement, BHICAS will provide in-service support (ISS)...
The Malaysian Ministry of Digital announced that the country’s digital investment reached MYR 66.22 billion (USD 14.7 billion) in the first half of 2024 (1H 2024), showcasing the resilience of its digital economy amidst ongoing global geopolitical challenges....
Solarvest Holdings Berhad, a leading provider of clean energy solutions in Malaysia, has announced a strategic joint venture with Agmo Holdings Berhad, a digital solutions and application development firm. This collaboration aims to co-develop digital clean energy...
The United Nations Development Programme (UNDP), in collaboration with the Malaysian Ministry of Finance, has launched the Malaysia Island Innovation Challenge to encourage collective local efforts in waste management across the country’s islands. This...
Insulet, a U.S.-based diabetes device manufacturer, has officially opened a new manufacturing facility in Johor Bahru, Malaysia, marking a significant milestone in a USD 200 million investment. Spanning 400,000 square feet, the new plant is twice the size of the...
CelcomDigi Bhd, a Malaysian telecommunications provider, has entered a Memorandum of Understanding (MoU) with Huawei Technologies (Malaysia) Sdn Bhd to collaborate on integrating artificial intelligence (AI) into CelcomDigi’s network. This partnership aims to...
The Malaysian Ministry of Investment, Trade, and Industry (MITI) has announced that Tesla has invested USD 13.5 million in the country’s electric vehicle (EV) charging infrastructure as of July 2024. This development reflects Tesla’s strong commitment to...
Sunway Group, one of Malaysia’s largest property conglomerates, has announced plans for the Sunway Ipoh Mall, which will become the biggest shopping center in Perak upon its completion in 2027. The project is expected to cost more than MYR 1 billion (USD 222...
Silicon Valley-based battery technology company Enovix Corporation has inaugurated its first high-volume manufacturing facility, Fab2, in Penang, Malaysia, focusing on the production of high-energy density batteries. The company plans to invest USD 1.2 billion over...
The National Economic and Development Authority (NEDA) Board, chaired by President Ferdinand R. Marcos Jr., approved several significant projects aimed at modernizing government systems and improving infrastructure. Among the initiatives is the Philippine Civil...
UK’s MOBILIST program announced its investment in the initial public offering (IPO) of Citicore Renewable Energy Corporation (CREC) on the Philippine Stock Exchange (PSE), marking a significant step in the UK’s support of clean energy transitions in emerging markets...
