During German President Frank-Walter Steinmeier’s three-day official visit to Malaysia in February 2023, he praised Malaysia as a prime destination to diversify businesses, citing that over 700 German companies operate in Malaysia, many of which run production plants...
Malaysia’s Defense Ministry will purchase 18 fighter jets from Korea Aerospace Industries Co (KAI), South Korea’s sole aircraft manufacturer, for 1.2 trillion won (USD 920 million). KAI will export 18 FA-50 light attack aircraft jets to the Royal Malaysian...
Princeton Digital Group has allocated USD 1 billion to construct new data centers to support its operations in Southeast Asia, emphasizing the continued demand for infrastructure that fuels the region’s expanding digital economy. The facilities will be located...
Bucher Emhart Glass, a subsidiary of Swiss-listed global technology, engineering and manufacturing group Bucher Industries AG will construct a new manufacturing facility worth MYR 108 million (USD 24 million) in i-Park@Senai Airport City, Johor state. The new building...
Nutrition Technologies, a manufacturer and supplier of sustainable animal feed ingredients and biofertilizers, has been granted permission by Malaysia’s Ministry of Agriculture and the European Union to export its insect meal and oil to the EU and UK markets....
Oliver Healthcare Packaging, a global US-headquartered healthcare firm, announced plans to establish a new 122,000-square-foot manufacturing facility in the state of Johor in Malaysia. This will be its largest plant in the region, designed to meet Asia-Pacific’s...
Singapore-based fashion omnichannel platform Sift & Pick has entered Malaysia’s retail scene by opening its first brick-and-mortar location. In February 2023, the company opened its first physical store in Mid Valley Megamall in Kuala Lumpur. The store, which...
Following the Malaysia Bid Round 2022 (MBR22), Inpex Corp, a Japanese integrated energy producer, secured two offshore hydrocarbon exploration licenses in Sarawak waters. The country’s oil and gas resource custodian, Petronas, has been driving opportunities in...
Malaysia Digital Economy Corporation (MDEC), the lead government agency for digital economy in Malaysia, has signed a memorandum of understanding (MoU) with Groupe Speciale Mobile Association (GSMA), a UK-based mobile operators industry group to advance the...
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...
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...
Malaysia Healthcare Travel Council (MHTC), a Malaysian government agency responsible for promoting healthcare travel industry has partnered with Healthcare Information and Management Systems Society (HIMSS) a global health non-profit organization to strengthen the...
