The United Nations Development Programme (UNDP), in collaboration with the Malaysian Ministry of Finance, has launched the Malaysia Island Innovation Challenge to encourage collective local efforts in waste management across the country’s islands. This...
Insulet, a U.S.-based diabetes device manufacturer, has officially opened a new manufacturing facility in Johor Bahru, Malaysia, marking a significant milestone in a USD 200 million investment. Spanning 400,000 square feet, the new plant is twice the size of the...
CelcomDigi Bhd, a Malaysian telecommunications provider, has entered a Memorandum of Understanding (MoU) with Huawei Technologies (Malaysia) Sdn Bhd to collaborate on integrating artificial intelligence (AI) into CelcomDigi’s network. This partnership aims to...
The Malaysian Ministry of Investment, Trade, and Industry (MITI) has announced that Tesla has invested USD 13.5 million in the country’s electric vehicle (EV) charging infrastructure as of July 2024. This development reflects Tesla’s strong commitment to...
Sunway Group, one of Malaysia’s largest property conglomerates, has announced plans for the Sunway Ipoh Mall, which will become the biggest shopping center in Perak upon its completion in 2027. The project is expected to cost more than MYR 1 billion (USD 222...
Silicon Valley-based battery technology company Enovix Corporation has inaugurated its first high-volume manufacturing facility, Fab2, in Penang, Malaysia, focusing on the production of high-energy density batteries. The company plans to invest USD 1.2 billion over...
Malaysia is set to boost its aquaculture production to 40% of its total fisheries sector by 2030, aiming to meet the country’s growing fishery demands. The government, led by the Malaysian Agriculture and Food Security Ministry, is committed to integrating...
The Malaysian Army has ordered 800 M72 LAW-EC (Lightweight Anti-Tank Weapons) from Nammo, a joint venture between Norway and Finland. This procurement is part of Malaysia’s initiative to upgrade its anti-tank capabilities. The M72 LAW-EC, chosen for this upgrade,...
The Malaysian Investment, Trade and Industry Ministry (MITI) is set to develop a strategic plan to boost green investment and establish Malaysia as a leading regional green investment hub, catalyzing sustainable socio-economic development. This initiative follows the...
The inauguration of Sarawak Petchem Sdn Bhd’s USD 1.5 billion (MYR 7 billion) methanol complex represents a pivotal development for Malaysia, enhancing its status as a leading methanol producer in the Asia-Pacific (APAC) region. Located in Tanjung Kidurong, Bintulu,...
Bursa Malaysia Bhd, the nation’s stock exchange, has launched Malaysia’s first nature-based carbon credit auction to expedite the development of domestic carbon projects. This initiative, carried out through its subsidiary, Bursa Carbon Exchange (BCX), featured...
The Malaysian Ministry of Health (MOH) plans to extend virtual consultation services to 900 health clinics nationwide by the end of the year. These services will cover follow-up treatments for communicable and non-communicable diseases, antenatal care, family...
