Connell, a US-headquartered leading marketer and distributor of specialty chemicals recently bought Inno-Cosmic Sdn Bhd and Nation Maple, two distributors of instant beverage raw materials in Malaysia. The acquisition will further expand Connell’s product line...
NewWave Health Sdn Bhd (NHSB), a joint venture company between state-owned Johor Corporation’s (JCorp) subsidiary, N2W Corporation Sdn Bhd (NCSB) and UK-based Smartmed Global Ltd (SGL) will spend MYR 20 million (USD 4.7 million) under its digital healthcare business...
Three ASEAN countries, namely Lao People Democratic Republic (PDR), Thailand and Malaysia (LTM) confirmed an increase in the maximum committed Energy capacity trading of the Power Integration Project (PIP) during the 37th ASEAN Ministers on Energy Meeting (AMEM) held...
Malaysia is planning to build at least two aerospace and aviation institutions in the next decade as the government seeks to fill the demand for talent from the fast-growing and lucrative sector. In the Malaysian Aerospace Industry Blueprint (MAIB) 2030, released four...
Nestle (Malaysia) Bhd’s factory at Chembong has been transformed into the world’s largest Milo Manufacturing plant while making it also the largest global center of excellence for the company. The factory, spread over 43 acres, was first established in 1993 and...
On 19 September, the Malaysian government officially launched the National Fiberization and Connectivity Plan (NFCP) to provide robust, sustainable, high quality and affordable digital connectivity nationwide, in line with the Shared Prosperity Vision 2021-2030. The...
The Malaysian Plastics Manufacturers Association (MPMA) and Malaysian Plastics Recyclers Association (MPRA) said Malaysia needed to go hi-tech in order for the plastics recycling industry to develop into a sustainable industry. Plastic recyclers could potentially grow...
Tenaga Nasional Bhd (TNB), Malaysia’s only electric utility company throughout Peninsular Malaysia and eastern Sabah is planning to install 9.1 million Advanced Metering Infrastructure (AMI) or ‘smart meters’ in majority of households by 2026. The smart meters...
The Malaysian Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC) recently announced that high-net-worth individuals, venture capital (VC) or private equity (PE) funds can now claim income tax deduction on their investments with...
Prudential Corporation Asia has introduced Pulse, an all-in-one digital app with Artificial Intelligence (AI)-powered health information. Officially unveiled on 12 August, Pulse was first launched in Malaysia in March 2019 and will be available in ten other markets...
Singapore’s Blue Planet Environmental Solutions Pte Ltd has recently acquired Globecycle Holdings Sdn. Bhd., a waste management company specializing in handling industrial waste based in Malaysia. The acquisition now allows Blue Planet to expand its portfolio by...
Malaysia’s Rural Development Minister Rina Mohd Harun aims to ensure 95% of the rural population especially in Sabah will enjoy quality and efficient basic Infrastructure such as roads, electricity and water supply by 2025. The target is in line with the Rural...
