Leading South Korean convenience store chain, emart24 has launched its first outlet in Malaysia, and plans to establish over 300 outlets nationwide within five years. The company has inked a master franchise agreement with local partner, United Frontiers Holdings Sdn....
Naluri Hidup, a Malaysia-based digital health service provider, has secured MYR 20.6 million (USD 5 million) in a new fundraising round headed by Singapore’s Integra Partners. The successful round marks the Malaysian government’s first match of private capital...
Swiss-based market expansion services provider DKSH, through its local unit DKSH Business Unit Consumer Goods in Malaysia, has expanded its cooperation with Kotányi GmbH, an Austrian purveyor of fine herbs and spices since 1881, to bring their premier herb and spice...
The Malaysian Cabinet Ministers have adopted the 2021-2025 National Food Security Policy Action Plan (DSMN) as part of the country’s measures to enhance food security. The Cabinet meeting saw a briefing paper on the status of the implementation of the Large Scale...
International express courier, DHL Express continues to see an increase in flight frequencies in Malaysia, resulting from the growth of shipment volumes within the Asian region. To meet the growing demand, the company has introduced a direct route using Airbus A300...
Malaysia’s largest online shopping platform, Shopee, has announced MYR 1 billion (USD 240 million) in sales in the country since the first movement control order (MCO) that started in March 2020. Shopee’s Regional Managing Director Ian Ho stated that the...
Malaysia’s Fortune 500 oil and gas firm Petronas has selected Ria Solutions (M) Sdn Bhd, a distributor for Norwegian-based Vipo to supply 1,400 m of its Elastopipe™ flexible piping system to replace and strengthen the safety properties of the existing system in...
The development of environment, social, and governance (ESG) investments in Malaysia is still considered to be at an early stage. However, ESG-themed funds are starting to gain more traction. Currently, there are 17 funds that have an ESG and sustainability focus, or...
Malaysia’s leading property developer I-Bhd is planning to expand its data center park, i-City Golden Triangle (i-City), in Shah Alam, Selangor state. i-City is one of Malaysia’s largest data center space providers in a single location and currently houses a...
Malaysia’s leading electricity provider TNB is aiming to invest MYR 9 billion (USD 2.16 billion) annually between 2021 and 2024 to modernize and transform the national grid into a grid of the future, namely, a smart grid that is dependable, resilient to disruption,...
AT&S has announced a MYR 8.5 billion (USD 2.04 billion) of proposed investment to build its first South East Asian production site in Malaysia. AT&S is a multinational manufacturer of high-end printed circuit boards (PCBs) and integrated circuit (IC)...
Malaysian Ministry of International Trade and Industry (MITI) has announced a committed investment amounting to MYR 8.9 billion (USD 2.1 billion) for high-tech industrial segments from large South Korean and Japanese manufacturers, as an outcome of MITI’s trade and...
