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...
The East Malaysian state of Sabah intends to establish itself as the center of excellence for cybersecurity. The Sabahan State Government has assigned a state-owned technology firm, Sabah Net Sdn Bhd to undertake the security facilities project in collaboration with...
Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob has unveiled Malaysia Digital as the new national strategic initiative to spur the growth of the country’s digital economy. Malaysia Digital is the new blueprint to attract high-tech firms, talent, and...
Companies are expanding their plant-based products in Malaysia as local consumers exhibit rising interest in plant-based alternatives. This will provide them with greater access to plant-based products from growing food brands such as Phuture and HAPPIEE™. Malaysia...
A Memorandum of Understanding (MoU) was signed by the UK and Malaysia to promote bilateral cooperation on climate action. The MoU offers a framework for cooperation between the two countries on climate and biodiversity, and includes reducing greenhouse gas emissions...
