Japanese chemical company Tokuyama Corporation and South Korea’s polysilicon producer OCI have commenced construction of a new 10,000-metric-ton (MT) polysilicon plant at the Samalaju Industrial Park in Sarawak, Malaysia. Valued at approximately USD 435 million, the...
Gamuda Land, one of Malaysia’s major property developers is set to launch Horizon Mall, a new lifestyle retail destination in Iskandar Puteri, Johor state, by late 2026. The project coincides with the expected completion of the Rapid Transit System (RTS) Link...
The Malaysian government has allocated MYR 15.9 million (USD 3.34 million) under the Agrofood Mechanization and Automation Program to modernize the country’s agricultural sector and improve national food security. The initiative is part of broader efforts to promote...
Malaysia Airports Holdings Bhd (MAHB), the largest airports operator in the country, and Menteri Besar Selangor Inc, a state-owned investment agency, have announced the development of Selangor Aero Park (SAP). SAP a 600-acre industrial zone in Sepang dedicated to...
The Malaysian Investment Development Authority (MIDA), the principal investment promotion agency of the Malaysian government has announced that Malaysia secured MYR 89.8 billion (USD 19.1 billion) in approved investments in the first quarter of 2025, a 3.7%...
Malaysia, through its national utility provider Tenaga Nasional Berhad (TNB), is investing MYR 43 billion (USD 9.2 billion) to upgrade the country’s power grid in response to growing electricity demand and the transition toward renewable energy. The modernization...
Malaysia has unveiled plans for its second waste-to-energy (WTE) facility, to be built in Sungai Udang, Melaka state, with an estimated investment of MYR 660 million (USD 141 million). Slated for completion by 2029, the project will be carried out through a...
Japan-based medical technology provider Fujifilm Healthcare is pursuing a potential strategic partnership with the Melaka state government as it looks to strengthen its presence in Southeast Asia’s healthcare industry. The collaboration aims to facilitate long-term...
Transaction Network Services (TNS), a US-based provider of secure payment and managed network solutions, has established a new regional hub in Kuala Lumpur, Malaysia. This expansion marks a significant milestone in the company’s global growth, reinforcing its...
Kim Teck Cheong Consolidated Berhad (KTC), a major distributor of fast-moving consumer goods (FMCG) in East Malaysia, has acquired a 15-acre site in the Kota Kinabalu Industrial Park (KKIP) for the development of its largest integrated hub to date. The new facility,...
AkzoNobel, a Dutch multinational coatings company, has inaugurated a new research and development (R&D) facility in Nilai, located in the state of Negeri Sembilan. Designed to function as a regional innovation hub, the center will focus on delivering eco-friendly,...
France-based eyewear giant EssilorLuxottica has announced the acquisition of one of the largest optical retail companies in Malaysia. The transaction includes a portfolio of over 90 outlets operating under the A-Look, Seen, and OWL brands, which have a significant...
