TSMC-backed Vanguard International Semiconductor and Dutch chip giant NXP are set to build a USD 7.8 billion wafer manufacturing plant in Singapore. Vanguard will hold a 60% stake in the joint venture, named VisionPower Semiconductor Manufacturing Company (VSMC),...
Google has increased its investment in Singapore, raising its total commitment to USD 5 billion with the completion of its fourth data center in the country. This development marks a significant jump from the USD 850 million invested in 2022 when its third data center...
Salomon, France-based global leader in outdoor trail gear, has launched its inaugural brand store in Malaysia, located at The Exchange TRX. The new store showcases Salomon’s diverse product range, including the advanced S/LAB series, known for its innovative...
Chery Corporate Malaysia Sdn Bhd has inaugurated its first local assembly plant in Shah Alam, Selangor state of Malaysia, for its premium SUV sub-brand, Jaecoo. This facility, dedicated to producing the Jaecoo J7 model, represents a significant step in Chery’s...
Nextgreen Global Bhd, a Malaysian developer specializing in green economy initiatives, has signed a memorandum of understanding (MoU) with Sawit Palm Oil Industrial Cluster Sdn Bhd (SPOIC) to develop a Green Technology Park on a 400-acre site in Sandakan, Sabah state...
Singtel, Singapore’s telecommunications company, through its regional data center arm Nxera, and Malaysian telco provider, Telekom Malaysia (TM) are collaborating to develop data centers in Malaysia. This data center campus will be the largest for both TM and Nxera....
Dontia Alliance (DA), Asia-based dental solutions company has introduced its first Advanced Implant Strategies Centre of Excellence or CoE (AIS Centre) in Penang, Malaysia. This launch marks the first step in DA’s vision to establish a vast and robust AIS Centre...
Solarvest, Malaysia’s largest publicly listed solar company by market value, is partnering with Taiwanese renewable energy firm GreenRock Energy to drive green energy advancements in Taiwan and Malaysia. The partners aim to develop 1 GW of renewable energy projects...
The International Gas Union’s latest annual LNG report indicates that Malaysia retained its position as the fifth largest exporter of liquefied natural gas (LNG) in 2023, following Russia, Qatar, Australia, and the US. Malaysia’s LNG exports reached 26.75...
In the first quarter of 2024, Malaysia exhibited robust economic performance with approved investments totaling MYR 83.7 billion (USD 18.2 billion) across various sectors, marking a 13% increase compared to the same period last year. This significant growth...
Qatar Airways Cargo and MASkargo, the cargo subsidiary of Malaysia Aviation Group, have signed a Memorandum of Understanding (MoU) to strengthen their collaborative cargo operations. This agreement follows an expanded codeshare arrangement between the two OneWorld...
Korea Ginseng Corp. (KGC), a subsidiary of South Korean tobacco giant KT&G Corp., focusing on health functional food products, has announced the launch of its red ginseng brand Jung Kwan Jang products in Malaysia. These products will be available through...
