The Asian Development Bank (ADB) has partnered with Singapore-affiliated PT TBS Energi Utama (TBS) to advance sustainable transportation in Indonesia. The initiative focuses on expanding the use of electric motorcycles and establishing a robust battery swapping...
Singapore-based solar manufacturer EliTe Solar has officially launched a high-efficiency solar cell production facility in Indonesia, marking a significant expansion into the country’s burgeoning solar energy market. The project, which began with site selection in May...
Korean fried chicken brand BHC is set to enter the Indonesian market in early 2025, marking its debut in the country. Dining Brands Group, the company behind BHC, confirmed the expansion following a master license agreement with Nachindo, an established Indonesian...
FILA has officially launched its presence in Malaysia with the opening of three stores within a month, marking a significant entry into the local market. The first store debuted at Pavilion KL on November 29, followed by a flagship outlet at Sunway Pyramid on December...
Hyundai Motor is set to establish a strategic partnership with INOKOM for the assembly of several new automotive models in Malaysia, backed by a significant investment of MYR 2.16 billion (USD 480 million). This collaboration marks Hyundai’s largest investment...
Malaysia’s MISC Berhad and Maritime and Port Authority of Singapore (MPA) have signed a memorandum of understanding (MoU) aimed at enhancing collaboration in innovation, research and development (R&D), and test-bedding activities to advance digital...
Malaysia has officially launched the National AI Office (NAIO), a pivotal initiative aimed at advancing the country’s digital transformation and positioning it as a leader in artificial intelligence (AI) within the ASEAN region. Prime Minister Datuk Seri Anwar...
Mahkota Medical Centre (MMC) in Malacca has launched Malaysia’s first Next-Gen Smart Ward, marking a significant milestone in patient care as the facility celebrates its 30th anniversary. This initiative aims to redefine healthcare through the integration of...
UVCell Solar and Iozela Data Center have announced a strategic collaboration to develop two significant projects in Malaysia, focusing on sustainability and renewable energy. The first project will establish a state-of-the-art data center complex in Penang, designed...
Pengerang Energy Complex (PEC) has secured project financing of USD 3.5 billion from leading export credit agencies (ECA) and Islamic financing entities to develop a state-of-the-art low-carbon petrochemicals facility in Malaysia. The financing agreement was ratified...
Malaysia has demonstrated strong investor confidence with approved investments totaling MYR 254.7 billion (USD 56.58 billion) for the first nine months of 2024, reflecting a 10.7% year-on-year growth and the creation of over 159,000 jobs. Investment, Trade and...
The world’s first palm oil mill utilizing artificial intelligence (AI) technology has been launched in Kuala Kangsar, Malaysia, marking a significant advancement for the palm oil industry. The initiative was unveiled by Plantation and Commodities Minister Datuk...
