Malaysia continues to prioritize cybersecurity as it works to improve its standing as a regional leader in the digital economy. According to Datuk Abdul Halim Abdul Rahman, deputy secretary-general (Security) of the Home Ministry, Malaysia registered almost 20,000...
Malaysia Aviation Group (MAG), the parent firm of Malaysia Airlines, inked a memorandum of understanding in August 2022 with Airbus, Rolls Royce, and Avalon for its modern fleet program. The initial agreements will comprise the acquisition of 20 new Airbus 330-900...
Two Malaysian firms, namely, FGV Holdings Bhd, a leading agribusiness and food producer, and Bernas, one of the largest rice suppliers in the country, have formed joint cooperation to introduce FGV ALMA-Bernas native chicken food and Ladang’57 native chicken to AEON...
On 22 August 2022, Singapore and Malaysia announced the substantive conclusion of two Frameworks of Cooperation, one in the green economy and another in the digital economy. The Frameworks of Cooperation serve as the basis for future bilateral initiatives related to...
Malaysia’s national energy company, Petronas has signed a Memorandum of Understanding (MoU) with Mitsui & Co., Ltd., a Japanese project development and trading conglomerate, to undertake joint conceptual and feasibility studies on carbon capture and storage (CCS)...
Malaysian Energy and Natural Resources Ministry (KeTSA) has targeted Malaysia to be equipped with 40% renewable energy (RE) by 2035. KETSA’s Deputy Minister Datuk Ali Biju stated that the RE installation in the country had reached 23% as of July 2022, during the 2nd...
Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob has announced that Malaysia is aiming to establish itself as a biomass hub, in keeping with the country’s status as the second largest palm oil producer and biggest biomass industry contributor. The...
Malaysian Investment Development Authority (MIDA), the country’s principal investment promotion agency, has approved Smart Automation Grants (SAG) totaling MYR 138.5 million (USD 30.94 Million) to 238 companies by June 30, 2022. MIDA has launched The Smart Automation...
Malaysia has signed several memorandums of understanding (MoUs) in various fields including defense with Turkey during the official visit of Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob to the Republic in July 2022. Ismail has also visited Turkey’s two...
Hematogenix, a US-based global clinical research central laboratory specializing in oncology (cancer research) has established the first central oncology laboratory for clinical trials in Malaysia. The project’s accumulative investment is worth MYR 39 million (USD 9...
A leading distributor headquartered in Switzerland, DKSH has established a partnership with Oatly, the largest oat beverage in the world from Sweden through its DKSH Business Unit Consumer Goods in Malaysia. DKSH’s Business Unit Consumer Goods can capitalize on...
South Korean top battery manufacturer, Samsung SDI Energy Malaysia Sdn Bhd (Samsung SDIEM) has launched the second phase of its EV battery cell manufacturing facility in Seremban, Negri Sembilan state. The firm has invested MYR 7 billion (USD 1.56 billion) in...
