Malaysia’s Ministry of Defense announced that the Italian company Leonardo was chosen by the government as its preferred supplier for a maritime patrol aircraft program (MPA). The government has agreed to procure two MPAs from the company. Defense Minister...
Malaysia’s digital economy increased by 13% year over year in 2022, reaching a gross merchandise value of USD 21 billion (GMV), mostly contributed by the rise of e-commerce and the rebound of online travel. Malaysia’s GMV is anticipated to rank fourth in...
Leading coffee chain brands like Starbucks Coffee, Coffee Bean & Tea Leaf, and Kenangan Coffee will be expanding in Malaysia by 2023 due to a flurry of investments from both domestic and foreign brands. Statista has predicted that the Malaysian coffee market will...
Greater Kuala Lumpur will serve as the Southeast Asia hub for Allm Inc, a provider of digital healthcare services with headquarters in Japan. Using its Join telemedicine platform, which is new to local medical experts, the company seeks to create a stroke network...
Sarawak Shell Bhd has appointed Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) as a provider of engineering, procurement and construction (EPC) services relating to an offshore platform for the Rosmari-Marjoram gas project located off the coast of Sarawak....
Shimano Components, a Japanese leading manufacturer of bicycle components and fishing equipment, will expand its production in Malaysia through the purchase of new factory in Jeram Batu, Johor state. The Malaysian real estate firm Paragon Globe’s fully owned...
Global express service provider, DHL Express, has opened its expanded Johor Gateway facility in the Senai Airport City industrial park. The facility, which is more than twice as big as its predecessor and is worth MYR 10.8 million (USD 2.37 million), would promote...
The BHC Group, South Korea’s second-largest chicken franchise by sales, has announced the opening of its third store in Malaysia in November 2022 as part of its strategy to expand into Southeast Asia. The new restaurant is located in Kuala Lumpur and will be...
Malaysian Minister of Health Khairy Jamaluddin has announced five hospitals as sandbox sites for solution providers to test-bed medical and healthcare technologies. The five hospitals are the National Cancer Institute Putrajaya and Putrajaya Hospital in Putrajaya,...
Malaysia’s Environment and Water Ministry projected that the country will have to spend MYR 392 billion (USD 82.7 billion) on flood mitigation measures up until 2100. In the shorter term, the country has allocated an off-budget of MYR 15 billion (USD 3.17 billion)...
Independence X Aerospace, an aerospace tech company from Malaysia, has invented the world’s smallest satellite. The satellite is measured at 30mm and is fully functional in orbit. The satellite has been validated by industry experts at the International...
Malaysia-based Computer Forms (Malaysia) Bhd (CFM) and Thailand’s electric services provider, Energy Absolute Public Company Ltd will set up a joint-venture (JV) company to promote, manufacture and distribute renewable energy (RE) products in Malaysia. The partners...
