In line with Malaysia’s current goal to implement 5G Infrastructure nationwide by 2023, various local telecommunication (telco) providers are undertaking 5G demonstration projects. According to the Malaysian Communications and Multimedia Commission (MCMC), 5G...
In January 2020, two Singaporean solar companies namely Cleantech Solar and Blueleaf Energy signed long-term power purchase agreements (PPA) with Ambu Sdn Bhd and Robert Bosch (Malaysia) Sdn Bhd respectively, to provide solar Energy in Penang state, Malaysia....
Lam Research Corporation, a California-headquartered global supplier of innovative wafer fabrication equipment and services to the semiconductor industry has selected Batu Kawan Industrial Park in Penang state, Malaysia as the location for a new advanced technology...
The Royal Malaysian Air Force (RMAF) is planning to procure a number of major assets including four maritime patrol aircraft (MPA), six medium-altitude long-endurance (MALE) unmanned aerial vehicles (UAV) and several ground-based radars. This was revealed by recently...
In February 2020, Malaysia’s halal promotion agency, Halal Development Corporation (HDC) signed a memorandum of understanding (MoU) with Acrosx Japan Inc to boost the exports of halal products to Japan. Acrosx Japan provides overseas expansion support and consulting...
Malaysia’s largest home improvement products retailer, Mr DIY Group Berhad is targeting to open at least 100 additional stores in Malaysia in 2020. Currently, the company has 583 stores nationwide and holds an estimated market share of 25.4%. Mr. DIY stated that it...
VentureTECH, a Malaysia-based investment company that is a subsidiary of the Malaysian Industry-Government Group for High Technology (MIGHT) has announced plans to expand its investments in Cell Tissue Technology Sdn Bhd (CTT). This move is primarily targeted to help...
Established players in the Malaysian steel market Ann Joo Resources Bhd (AJRB) and Southern Steel Bhd (SSB) have signed a signed a memorandum of understanding (MoU) for the formation of a 55:45 joint venture company (JV Co) that will capitalize on opportunities in the...
Cypark Resources Bhd inked a Memorandum of Understanding (MoU) with Malaysia’s leading chemical producer, Petronas Chemicals Group Bhd, regarding possible collaboration on the development solid waste modular advanced recovery and treatment (SMART)...
The Malaysian government through its Defense Minister Mohamad Sabu, announced that it will work with Turkey to produce eight-wheel armored combat vehicle to beef up its defense capabilities. The Defense Minister also noted during the announcement the importance of...
Chinese e-commerce giant, Taobao, a part of the Alibaba Group, has launched its largest retail store named ‘Taobao’ in Kuala Lumpur, in partnership with MyTOWN Shopping Centre and Lumahgo New Retail Sdn Bhd. Using the New Retail technologies, the 5,000 square feet...
HSS Integrated Sdn Bhd (HSSI), a leading Malaysian Engineering Consultancy firm under HSS Engineers Bhd, has bagged MYR 71.3 million (USD 17.5 million) worth of contract to provide detailed design and construction supervision services for Johor state’s first Bus Rapid...