Malaysia welcomes its newest e-commerce website, Shoppymore, an online retail platform offering sellers and shoppers the safest and most satisfying online shopping experience. The platform’s All-In-One concept provides users best retail gateway to penetrate the...
US-based global materials supplier Indium Corp is investing MYR 250 million (USD 56.8 million) in a new manufacturing plant in Penang. The company supplies to the electronics assembly and semiconductor packaging industries, and has been doing business in Malaysia for...
Singapore-based The Straits Trading Co Ltd and Malaysia Smelting Corp Bhd have unveiled the master plan for Straits City, its flagship development in Butterworth, Penang. It comprises an integrated mix of residential, retail, hotel and commercial components, and is...
US-based security automation developer, Swimlane, is setting up a regional headquarters in Kuala Lumpur as part of its expansion plan into the Asia Pacific. Swimlane has formed a strategic partnership with Cyber Security Malaysia, the national cybersecurity specialist...
Malaysia is slated to establish the world’s first algal biotechnology consortium (ABC), which will serve as a critical component of a sustainable planet and a vital substitute for fossil fuel. ABC is pursuing four-core elements; algae cultivation, algal...
An MYR 30 million (USD 6.8 million) earth station and space technology center is being built at the Universiti Sains Malaysia (USM) Engineering Campus in Penang state by Angkasa-X Innovation Sdn Bhd, a local space technology company. The company plans to launch its...
Malaysia’s Plantation Industries and Commodities Ministry announced a measure to reduce the palm oil export tax from 8% to between 4-6% to alleviate the global shortage of edible oil. As the world’s second-largest palm oil producer, Malaysia aspires to increase...
Malaysia’s energy-related services provider, Reservoir Link Energy Bhd and investment company, ADS Asset Holdings Sdn Bhd (AAH) are forming a joint venture and shareholder agreement (JV & SA) to collaboratively co-fund, construct and develop energy storage...
Malaysian Investment Development Authority (MIDA), the government’s principal investment promotion agency, emphasized that Malaysia should tap into the circular bio-economy as it has an ample biomass feedstock of up to 100 million tons. Malaysia is emerging as a...
KPower Bhd, Malaysia’s utility and renewable energy company, has launched the country’s first halal-certified synthetic bone cement, Prosteomax, through its subsidiary Granulab (M) Sdn Bhd. Prosteomax is a calcium phosphate-based synthetic bone cement that has...
A partnership agreement between Singapore Airlines (SIA) and Malaysia Airlines Berhad (MAB) was granted conditional approval by the Competition and Consumer Commission of Singapore (CCCS). Both the airlines had initially signed the agreement’s proposal in 2019 but got...
Department of Statistics Malaysia (DOSM) announced that Malaysia’s total trade increased by 27.3% year-on-year (y-o-y) in March 2022, with a strong record of MYR 236.6 billion (USD 53.89 billion). The export and import values in the same month reached all-time...
