UMW Toyota Motor Sdn Bhd (UMWT) recently announced its plan for local mass manufacturing of Hybrid Electric Vehicles (HEV) in Malaysia with an additional investment of MYR 270 million (USD 63.69 million) to expand its current manufacturing operations and facility. The...
SNC-Lavalin Group Inc., a fully integrated professional services and project management company headquartered in Canada, has been commissioned by US-based firm DexCom Inc., a leader in continuous glucose monitoring systems (CGM) for diabetes management, to help...
Leading South Korean convenience store chain, emart24 has launched its first outlet in Malaysia, and plans to establish over 300 outlets nationwide within five years. The company has inked a master franchise agreement with local partner, United Frontiers Holdings Sdn....
FGV Holdings Berhad (FGV) has officially launched FGV Chuping Agro Valley (FCAV) in conjunction with the Northern Corridor Implementation Authority (NCIA). FGV is an integrated agri-business player with significant palm oil hectarage in Peninsular Malaysia. It is...
Turkish Technic, an aircraft maintenance, repair and overhaul (MRO) firm for Turkish Airlines, signed a Heads of Agreement (HOA) with Sapura Technics as part of its plan to expand its investment opportunities and become an active player in the Asia-Pacific region....
Sarawak Digital Economy Corporation Berhad (SDEC), a Sarawak state government-owned corporation has established a partnership with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group to digitalize the state’s Small and Medium...
The government of Malaysia has granted China-based global solar PV leader, Risen Energy Co Ltd the approval for manufacturer’s license with a total investment of MYR 42.2 billion (USD 10 billion) for the design, development, and production of solar cells and...
TNG Ltd, an Australian resource and mineral processing technology company, has announced a new green energy partnership with Malaysian technology and green energy company, AGV Energy & Technology Sdn Bhd to explore the commercial production of vanadium redox flow...
The central banks of Malaysia and Thailand have collaborated to launch a cross-border Quick Response (QR) payment linkage which enables consumers and merchants in both countries to make and receive instant cross-border QR code payments. This collaboration signifies a...
Digital Nasional Bhd (DNB), the government-owned special purpose vehicle (SPV) that is undertaking the deployment of the 5G infrastructure and network nationwide, announced that it has appointed Ericsson (Malaysia) Sdn Bhd to design and build the National 5G Network...
International express courier, DHL Express continues to see an increase in flight frequencies in Malaysia, resulting from the growth of shipment volumes within the Asian region. To meet the growing demand, the company has introduced a direct route using Airbus A300...
Malaysia’s largest online shopping platform, Shopee, has announced MYR 1 billion (USD 240 million) in sales in the country since the first movement control order (MCO) that started in March 2020. Shopee’s Regional Managing Director Ian Ho stated that the...
