Petronas Awards 3 Oil and Gas Production-Sharing Contracts

Petronas Awards 3 Oil and Gas Production-Sharing Contracts

Malaysia’s state-owned oil and gas company, Petronas, has awarded three oil and gas production-sharing contracts as part of its 2022 bidding round. The contracts, awarded under the Malaysia Bid Round (MBR) 2022, cover three clusters of discovered resource...
UK-based GSMA and MDEC Collaborate to Boost 5G Application in Malaysia

Malaysia to Accelerate 5G Adoption with Ericsson and Intel

In order to accelerate Malaysia’s transition to a digital economy, the Swedish telecom giant Ericsson and Intel, one of the biggest chipmakers in the world, are planning to work together on the development of 5G use cases. The announcement was made on the...
Intel to Expand In Malaysia, Spend USD 15.8 Billion Over 10 Years

Intel to Expand In Malaysia, Spend USD 15.8 Billion Over 10 Years

The largest semiconductor manufacturer in the world, Intel Corporation (Intel Corp), has committed to investing USD 15.8 billion (MYR 70 billion) in Malaysia over a ten-year period. The company intends to invest approximately USD 6.77 billion (MYR 30 billion) to...
Contracts Worth RM8 Billion Expected to be Signed at Lima 2023

Contracts Worth RM8 Billion Expected to be Signed at Lima 2023

At the Langkawi International Maritime and Aerospace Exhibition 2023 (Lima’23), Defense Minister Datuk Seri Mohamad Hasan expects more than MYR 8 billion (USD 1.8 billion) worth of contracts to be signed – more than double the MYR 4 billion (USD 0.6...
Intermap Announces New Government Project in Malaysia

Intermap Announces New Government Project in Malaysia

Intermap Technologies, a global leader in 3D geospatial data and intelligence solutions, has announced that it was awarded another government contract in Malaysia to provide 3D elevation data to help assess the causes of pollution in the Skudai River for the State of...
Japanese Firms Enter Durian Cultivation in Malaysia

Japanese Firms Enter Durian Cultivation in Malaysia

PLS Plantations’ 51%-owned unit PLS LESB has entered into an of agreement with Millennium Agriculture Technology Sdn Bhd (MAT) and its parent, MyFarm Inc Japan. The parties will collaborate in the commercial exploitation of up to 1,000 ha of durian plantation being...
PAAB allocates MYR 1 Billion for Water Piping System

PAAB allocates MYR 1 Billion for Water Piping System

Pengurusan Aset Air Bhd (PAAB) allocates approximately MYR 1 billion each year to maintain and upgrade water piping systems throughout Peninsular Malaysia, according to Abdul Hadi Ali, PAAB’s chief executive officer. This sum is distributed among the different...