Malaysian retailers continue to strike multi-channel partnership deals with various parties to take advantage of the opportunities brought by pandemic-posed challenges for the traditional channel. This includes Lotuss Stores Malaysia Sdn Bhd (Lotuss Malaysia),...
Intel Corp has announced a major investment of over USD 7 billion to build a new chip packaging and testing factory in Bayan Lepas, Penang, in the midst of a worldwide shortage of semiconductors that is expected to last into 2023. The factory is presumably going to...
Digital Nasional Berhad (DNB), Malaysia’s sole 5G wholesale service operator has successfully integrated five mobile network operators (MNOs) into its 5G network as of November 2021. The five MNOs were Celcom Axiata Bhd, Digi.Com Bhd, Maxis Bhd, Telekom Malaysia Bhd...
The UK has expressed its interest to enhance economic cooperation with Malaysia especially in the field of digital economy in various matters, including education and information exchange, as well as research and development. This was conveyed during the meeting with...
Global manufacturer of agricultural products, Cargill will spend MYR 145 million (USD 34.7 million) to expand its production facility in Port Klang, Malaysia, to fulfill rising customer demand for specialty fats. The firm plans to boost dry palm fractionation capacity...
Turkish aerospace giant, Turkish Aerospace Industries (TAI), has launched its first engineering and design office in the Southeast Asia region. Located in The Cyberview Futurise campus of Cyberjaya, Selangor state, the office will be conducting joint studies with...
Malaysia and the United States will discuss a memorandum of cooperation (MoC) in early 2022 to enhance transparency, resilience, and security in the semiconductor and manufacturing sector supply chains. This joint statement was made in response to the shortage of...
New floating liquefied natural gas (FLNG) projects will be developed by Malaysia and Canada to deliver super-chilled fuel to Asian markets, mainly China. According to Fitch Solutions, the new FLNG will help meet the growing demand for natural gas as part of the...
Malaysian national oil company Petronas has signed an agreement with ExxonMobil to jointly explore carbon capture and storage (CCS) technologies to decarbonize Malaysia’s upstream industry and provide carbon dioxide storage solutions for the region. The collaboration...
Malaysia and the UK signed a memorandum of understanding (MoU) to allow Malaysian doctors and healthcare workers to work and accelerate their expertise in the UK. The agreement was inked during a meeting between Health Minister Khairy Jamaluddin, Foreign Minister...
DHL Express, the leading international courier firm, and Pen Aviation, a Malaysia-based aviation solutions provider, have embarked on a partnership to commercialize time-critical cargo drone delivery using unmanned aerial vehicles. The initiative follows the...
Malaysia’s export value of its agricommodity sector in 2021 is expected to hit MYR 204 billion (USD 49.06 billion), a significant increase from MYR 152 billion (USD 36.55 billion) recorded in 2020. This is in tandem with the rise in commodity prices in the market. As...
