The Twelfth Malaysia Plan (12MP), the country’s long-term development plan has identified the aerospace sector as one of its high-tech and priority industries to be bolstered between 2021 and 2025. The Malaysian aerospace sector is anticipated to generate MYR 30...
Prime Minister Ismail Sabri Yaakob has presented the 12th Malaysia Plan (12MP), the nation’s five-year development framework between 2021-2025. The 12MP is largest five-year road map covering a budget of MYR 400 billion (USD 96.3 billion), which is 54% larger than the...
PETRONAS, Malaysia’s state-owned energy firm via its subsidiary, PETRONAS Gas & New Energy Sdn Bhd (PGNESB) has signed a Memorandum of Understanding (MoU) with Japanese oil player ENEOS Corporation to establish a clean hydrogen supply chain between the two...
The 12th Malaysia Plan (12MP) has unveiled that Malaysia will pursue a low-carbon, clean and resilient development strategy to achieve sustained socio-economic growth. The country’s development plan which will take place between 2021 to 2025 outlines national...
Owing to the growing need for ventilators throughout the world to manage the COVID-19, K-One MediTech Sdn Bhd (KOM), the wholly-owned subsidiary of K-One Technology Bhd (KTB), will design and manufacture ventilators in Malaysia. KOM has successfully secured the...
Indian telco giant, Tata Communications has agreed to work with Telekom Malaysia (TM) to utilize its data center, connection, and network infrastructure to expand the IP transit (IPT) service coverage in Malaysia and beyond. TM through its global and wholesale...
The Economic Planning Unit of Malaysia has released the 12th Malaysia Plan (2021-2025), which aims to boost national productivity, facilitate economic growth, and enhance people’s well-being by strengthening the transport and logistics industry’s...
Lam Research Corporation, an American global supplier of innovative wafer fabrication equipment and services to the semiconductor industry, has launched its new facility in Batu Kawan, Penang, with an investment of MYR 1 billion (USD 240 million). Penang is the firm’s...
Boxed, an e-commerce grocery provider based in New York has inked a partnership with AEON Co, one of the largest hypermarket retailers in Asia to launch an end-to-end software and services platform in the Malaysian market called myAEON2go. MyAEON2go will be powered by...
Japan-based J&T Recycling Corporation and JFE Engineering’s local subsidiary, JFEE Malaysia have invested in Berjaya Alam Murni Sdn. Bhd. (BAM), a Berjaya Corporation Berhad-owned company, to develop a Sustainable Scheduled Waste Treatment Center (SSWTC) project...
In response to the recent spike in demand, Iconic Worldwide Bhd (IWB), a Malaysian property, tourism, and healthcare supply company has planned to expand its range of personal protective equipment (PPE) goods to include in-vitro diagnostic medical devices (IVD) and...
During its Malaysia Tech Month 2021 in August, the government’s digital promotion agency, Malaysia Digital Economy Malaysia (MDEC) introduced the Global Technology Grant (GTG). Local and foreign ICT companies that are incorporated in Malaysia are eligible to...
