Several international beverage brands are tapping into the Malaysian market, taking advantage of the growing number of upscale urban shopping centers. Notable entrants, including Café Kitsuné, Heytea, Reborn Coffee, and Cotti Coffee, consider Malaysia as a strategic...
Research firms, including CGS-CIMB, MIDF, and Maybank Investment Bank Research, anticipate a positive trajectory for Malaysia’s economy in 2024. Projections range from 4.4% to 4.7% GDP growth, with the optimistic outlook primarily attributed to resilient...
Malaysia’s Prime Minister, Anwar Ibrahim, and Japan’s Prime Minister, Fumio Kishida, have reached an agreement for bilateral defense and maritime security cooperation. This collaboration stems from shared concerns about China’s growing military...
Bioalpha Wellness Sdn Bhd, a fully-owned subsidiary of Bioalpha Holdings Bhd, is gearing up for the development of an 8-acre agro park with a budget of MYR 15 million (USD 3.18 Million), following its appointment by Langkawi Development Authority (LADA). The...
The Malaysian Defence Ministry (MINDEF) is set to receive MYR 19.7 billion (USD 4.2 billion) in the Budget 2024 allocation, while the Malaysian Home Ministry will be allocated MYR 19 billion (USD 4 billion). The focus of the budget will be on acquiring new assets to...
VCI Global Limited, a Nasdaq-listed tech and business consulting group has announced a strategic partnership with Agroz Group Sdn Bhd, a leading Malaysian indoor vertical farm operator. The collaboration aims to spearhead the development of large-scale,...
The Malaysian Digital Economy Corporation (MDEC), a key government agency driving digital transformation, has announced that it has exceeded expectations by facilitating MYR 110 billion (USD 23 billion) in digital technology investments. This achievement nearly...
Malaysia is set to expedite its shift towards renewable energy with an investment of USD 8 billion from Masdar, one of the world’s leading renewable energy companies based in Abu Dhabi. This strategic partnership is geared towards the development of up to 10...
The Malaysian Ministry of Investment, Trade, and Industry (MITI) has introduced the National Industry Environmental, Social, and Governance Framework (i-ESG Framework) Phase 1.0: Just Transition for the manufacturing sector. The i-ESG framework is designed to prepare...
The Sarawak Medical Innovation Technology Hub Sdn Bhd (SMITH) has inked an agreement with the Export-Import Bank of Malaysia Bhd (EXIM Bank) to develop a medical glove manufacturing plant in the state. The plant’s objective is twofold, namely, addressing...
Malaysia continues to attract strategic high-tech projects, particularly data centers, positioning the country as a digitally connected nation with robust digital infrastructure. Aligned with the New Industrial Master Plan 2030 (NIMP 2030), Malaysia aims to become an...
Malaysia is undergoing a digital transformation with groundbreaking 5G technology, exemplified by Petronas as the first to adopt a private 5G network. Additionally, a strategic alliance involving Digital Nasional Berhad (DNB), TM, and ZTE Corporation has introduced...
