Malaysia’s retail market is predicted to rise by 6.3% in 2022, following the opening of the border on April 1 as part of efforts to restore the country’s economy. Major drivers to increase retail spending in Malaysia include the forthcoming Eid...
The Chief Minister of Malacca State Government, Sulaiman Md Ali, has revealed that the state government intends to build an undersea tunnel for a rail system network to connect Malacca with Dumai in Indonesia. The tunnel project, which is part of a long-term strategy,...
Fujifilm Malaysia, a subsidiary of Japan’s leading camera and photography company, Fujifilm Corporation, has partnered with the University of Malaya Medical Centre (UMMC) to establish the first endoscopy training center in Malaysia. As part of Fujifilm’s ongoing...
Turkish Aerospace Industries (TAI Inc) plans to train Malaysian engineers at its facility in Ankara for two months, following the opening of TAI Inc’s engineering and design office in Cyberjaya and a research park in Putrajaya. The initiative is aimed at...
The Nutrigenetics and Nutrigenomics Research and Training Unit (N²RTU) has been launched in Malaysia, specializing in knowledge and technology transfer in the field of nutrigenetics and nutrigenomics. The project is led by the UK-based University of Reading and...
The Malaysian government is working on a framework to meet its 2050 net-zero emissions goal which includes exploring a voluntary carbon market, carbon pricing mechanisms such as carbon tax, and expanding green technology tax incentives. Petronas, the largest...
Tenaga Nasional Berhad (TNB), Malaysia’s largest utility provider, has been accelerating the national progress in electric vehicle (EV) and Broadband Infrastructure through cooperative partnerships. This is in line with the firm’s efforts to be part of the...
Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob has announced the government’s plan to produce the National Robotics Roadmap (NRR) to push robotic technology into the mainstream and promote national productivity. NRR is instrumental in encouraging higher...
A total of USD 39 billion haS been invested by US companies into the Malaysian economy despite challenges posed by the COVID-19 pandemic, according to the American Malaysian Chamber of Commerce (AMCHAM) in its 2020/21 Economic Impact Survey (EIS). Around 71% of the...
Malaysian Prime Minister Dato Seri Ismail Sabri has launched the Kedah Rubber City (KRC), which aims to become a leader in the growth of the domestic rubber industry and a global hub for the high-value rubber industry. By 2025, KRC seeks to attract MYR 10 billion (USD...
DHL Express, a worldwide logistics company has widened its presence in Malaysia with the launch of a new mobile “ServicePoint” and through a partnership with Parcel365 as its exclusive international shipping partner. The logistics provider said the latest...
Malaysian Investment Development Authority (MIDA) has announced that Eclipse Automation Inc will open its first Asian manufacturing facility in Batu Kawan, Penang. Malaysia has been positioning its location as a strategic destination for global machinery and equipment...
