Malaysia’s leading equipment manufacturer, Hong Seng Consolidated, (HSC) and California-based battery developer, EoCell have signed a memorandum of understanding (MoU) to create a regional manufacturing hub in Malaysia to produce batteries for electric vehicles (EVs)...
Indonesia’s headquartered logistics company, J&T Express (J&T) is spending MYR 600 million (USD 134 million) to purchase land and develop a new warehouse facility in Malaysia. J&T plans to establish an integrated center for express distribution, logistics...
The state government of Sarawak, the largest state in Malaysia, is exploring sustainable aviation fuel (SAF) to sustainably produce jet fuel and reduce aviation carbon emission with potential partners from Brunei, Indonesia and South Korea. Sarawak is developing SAF...
The largest indoor vertical farm in Kuala Lumpur will be unveiled in the third quarter of 2022 by Sunway XFarms, a Malaysia-based agritech firm and subsidiary unit of Sunway Group, a local real estate and retail conglomerate. The new indoor farm will enable the urban...
Fortinet, the global integrated and automated cybersecurity solution provider from the United States is growing its presence and investment in Malaysia. The company has undertaken several initiatives such as expanding its physical office and enhancing the local...
As part of Malaysia’s investment promotion goal to attract premium and high-tech medical device product manufacturers, the country has successfully secured large investments from global medical devices and technologies companies, namely Insulet and Smith &...
The Department of Statistics Malaysia (DOSM) announced that Malaysia’s trade value reached a new milestone in 2021 as it surpassed MYR 2.2 trillion (USD 495 billion), the fastest growth since 1994. Malaysia’s exports increased by 26% to MYR 1,239.8 billion (USD 273...
Malaysia’s energy R&D firm, Graphene Synergy Sdn Bhd, has created the country’s first graphene-enhanced super battery energy solutions that could potentially disrupt the market. The new technology development has attracted the interest of China’s pioneer and...
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...
