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...
SEA Limited (SEA Ltd), a Singapore-based e-commerce giant and the parent company of Shopee, the largest pan-regional e-commerce platform in Southeast Asia and Taiwan, has committed to expanding its investments in Malaysia. SEA Ltd plans to develop a cloud computing...
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 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...
The Malaysia-Singapore Framework on Cooperation in Digital Economy is an important effort to further advance the cooperation between the two countries in the digital and green economy fields. The framework will pave the way for knowledge-sharing, technical know-how,...
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...
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...
US-based defense industry giant Oshkosh Defense has signed teaming agreements with Malaysian defense company Sovereign Strategic to jointly participate in the upcoming tender for new Armoured Wheeled Vehicles (AWV) by the Ministry of Defence (Mindef). Mindef is...
Equinix, Inc. announced its market entry into Malaysia with plans to build a new data center in Johor. With an initial investment of approximately USD 40 million, the data center is scheduled to begin operations in 2024, providing 500 cabinets and 1,960 square meters...
Malaysia’s national upstream company Petronas Carigali has made a significant oil and gas discovery with its Nahara wildcat offshore Sarawak, East Malaysia. The shallow-water Nahara field is located on Block SK 306 in the Balingian province, around 150 kilometers off...
The Ministry of International Trade and Industry (MITI) and the East Coast Economic Region Development Council (ECERDC) are looking to capitalize on the potential of the growing recreational vehicle (RV) industry to boost the region, and subsequently the Malaysian...
Australia-based retail chain Harvey Norman is mobilizing its expansion plans for the Malaysian market in 2023 to improve its accessibility to cover a larger segment of customers nationwide. It plans to establish a new 47,300 sq ft store in Johor Baru. On opening a...
