The Malaysian government has announced that the nation’s first Cyber Security Bill will be developed and introduced by the National Cyber Security Committee in 2023. The cyber security law is anticipated to enable improved enforcement and monitoring of cyber...
Malaysia Communications and Digital Minister Fahmi Fadzil has announced that the government intends to create 186 new digital economy centers (PEDi), bringing the total number of centers nationwide to 1,097. PEDi is a part of the government’s initiative to enhance...
American luxury fashion brand Coach will introduce the world’s first Coach Airways, a unique retail concept store, and café housed in a transformed 1981 Boeing 747-230B aircraft. The store will be in Freeport A’Famosa Outlet, an upscale shopping center in...
FamilyMart Malaysia, a leading Japanese convenience store chain, announced that its FamiCafé has obtained halal certification from the Department of Islamic Development Malaysia (JAKIM), the government agency responsible for the Islamic affairs in the country. The...
EG Industries Berhad, Malaysia’s leading Electronic Manufacturing Services (EMS) and Vertical Integration provider, has partnered with Yamaha Motor Co., Ltd., one of the biggest motorcycles manufacturers for the setting up of a 5G automated intelligent SMT production...
The Malaysian Investment Development Authority (MIDA), the government organization responsible for promoting foreign direct investment, announced that Malaysia has established a goal to become an Asian center for shipbuilding and ship repair (SBSR). The SBSR industry...
The Malaysian Government recently announced the establishment of a Centre for the Fourth Industrial Revolution (C4IR), an independent center within the World Economic Forum. C4IR Malaysia will play a crucial role in driving the advancement of the digital economy in...
The Malaysian Research Institute on Ageing (MyAgeing) has just launched its Physical Functional Lab, which boasts an advanced rehab and exercise equipment from the Finnish company HUR. The facility is located at the MyAgeing institute in UPM Serdang, and its goal is...
Malaysia has announced that it will remove a ban on exports of renewable energy. This move is part of a wider effort to develop its clean power industry and increase generation from non-fossil fuel sources. Malaysia currently generates just over 1% of its electricity...
Australian engineering company Worley has been awarded a contract by Malaysia Marine & Heavy Engineering to provide engineering design services for Petronas’ mega carbon capture and storage (CCS) project offshore Sarawak, Malaysia. The Kasawari development, set to...
According to the latest report by property consultancy Knight Frank, the number of Malaysians with at least USD 1 million in wealth is set to nearly double from over 85,000 in 2022 to 164,0839 in 2027. The report also forecasts that Malaysia’s ultra rich, defined as...
Analysis have recently highlighted how Malaysia’s decision to purchase 18 FA-50 Block 20 “Fighting Eagle” light combat aircraft represents a building block for the country’s goal of emerging as the region’s hub for Maintenance, Refurbishment and Overhaul (MRO)...
