The Malaysian government has greenlit a strategic allocation of MYR33 million (USD 8.34 million) under the 13th Malaysia Plan (13MP) to drive high-impact agricultural projects from 2026 to 2030. These funds will primarily anchor the Food Crop Production Zone...
Ketech Asia Sdn. Bhd., a defense manufacturer headquartered in Malaysia, has announced that its high-automation ammunition facility in Pahang state is now operating at full capacity. The plant is currently producing 130 million rounds of 9mm and 5.56mm ammunition...
Malaysia’s services sector has achieved a historic milestone by recording a trade surplus of MYR 1.15 billion (USD 290 million) in 2025, ending a 13-year deficit streak. Total services trade surged to an all-time high of MYR 543.01 billion (USD 137.47 billion),...
Qatar’s national energy giant, QatarEnergy, has entered into a historic 20-year Sale and Purchase Agreement with Malaysia’s state energy firm, Petronas, to supply two million tons of liquefied natural gas (LNG) annually. Under the agreement, deliveries are scheduled...
The Malaysian Ministry of Natural Resources and Environmental Sustainability (NRES) has unveiled a strategic mandate to establish 200 low carbon zones across Malaysia by 2030, transforming urban centers into engines for green economic growth. Since the 2021 launch of...
Menicon Malaysia Sdn. Bhd., a wholly owned subsidiary of Japan-based Menicon Co., Ltd., has officially launched its new MYR1 billion (USD 252 million) manufacturing plant at the Kulim Hi-Tech Park, Kedah state. As the company’s largest and most advanced facility...
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has announced a MYR 155.6 million (USD 40 million) equity investment in Zetrix AI Berhad to advance Digital Public Infrastructure (DPI) across Malaysia and the ASEAN region....
Hitachi Rail and Prasarana Malaysia Berhad, the nation’s primary public urban transport operator, have signed an Industrial Collaboration Program (ICP) agreement. The program, which leverages Hitachi’s 30-year partnership in Malaysia’s rail sector, aims to...
Chipbond Technology Corporation, a Taiwan-based semiconductor packaging and testing provider, officially inaugurated its new advanced manufacturing facility in Valdor Industrial Park, Penang state. Representing a total investment of nearly MYR 800 million (USD 200...
McDonald’s Malaysia has unveiled a high-impact MYR1 billion (USD 252 million) investment strategy spanning the next five years, aimed at aggressively scaling its physical and digital footprint. The centerpiece of this roadmap is the rollout of 100 new restaurants,...
Digital Realty has announced its planned entry into the Malaysian market through the acquisition of CSF Advisers including the TelcoHub 1 data center in Cyberjaya. The acquisition is expected to close in the first half of 2026 and includes an operational 1.5 megawatt...
Lamb Weston, a leading global supplier of frozen potato products, has officially expanded into the Malaysian retail sector to offer its restaurant-quality fries for home consumption. This move follows the company’s retail debut in Singapore in November 2025 and...