Airbus SE announced on 30 August that it will invest MYR 505 million (USD 121 million) for three key initiatives to enhance the aviation and aerospace industry in Malaysia. The announcement was made during the Memorandum of Agreement (MOA) signing ceremony between...
On 4 September, Hong Kong-listed Vinda International Holdings Ltd announced that it will invest more than MYR 500 million (USD 119 million) on a new regional hub in Malaysia for five years until 2023. Vinda runs four core business segments, namely tissue, incontinence...
Malaysia Airports Holding Berhad (MAHB), a public listed airport company that manages 39 airports nationwide has signed a Memorandum of Understanding (MOU) with Huawei Malaysia to drive its digital transformation framework under MAHB’s Airports 4.0 initiative....
Malaysian Minister of Energy, Technology, Science, Climate Change and Environment (MESTECC) Yeo Bee Yin stated that Malaysia will need MYR 33 billion (USD 7.9 billion) worth of investments to reach its target of 20% electricity generation from renewable Energy (RE)...
Malaysia’s Minister of International Trade and Industry (MITI), Darell Leiking, has announced that Malaysian digital engineering services firm, DreamEDGE Sdn Bhd has been chosen to lead the plan to develop the country’s third national car, in collaboration with...
Economist Lee Ju Ye from Maybank Kim Eng Group, a wholly-owned subsidiary of Maybank stated that Malaysia’s economic growth for the second half of 2019 will be positively driven by the continuation of mega projects such as the East Coast Rail Link (ECRL), the Klang...
ASEAN’s Sub-regional Ministerial Steering Committee (MSC) on Transboundary Haze Pollution, comprising Brunei Darussalam, Indonesia, Malaysia, Singapore and Thailand, reached a consensus agreement to step up cooperative efforts in order to effectively address the...
Menteri Besar Kedah Incorporated (MBI Kedah) has launched the state’s Green Energy and Renewable Energy Master Plan which is supposed to provide guidance in Kedah’s renewable Energy industry for prospective investors. The plan developed in collaboration with...
A Memorandum of Understanding (MoU) has been signed between the Health Ministries of Malaysia and the Philippines to foster collaboration in various areas of the healthcare sector in both countries. Through this MoU, both countries agreed to cooperate in the areas of:...
During a visit to Turkey in July 2019, the Malaysian Prime Minister, Tun Dr Mahathir Mohamad said that Turkey has offered to support the development of the local defense industry in Malaysia through enhanced technology transfer from the Turkish defense. Turkey’s...
The Ministry of Communications and Multimedia of Malaysia (MCMC) is working with the Malaysia Digital Economy Corporation (MDEC) to develop a Digital Content Ecosystem (DICE) strategy to enhance the local digital content industry and eventually place Malaysia as the...
Aerodyne Group, a Malaysia-headquartered international drone-based managed solutions provider, has formed a partnership with Japan Infrastructure Waymark Co Ltd (JIW), a wholly-owned subsidiary of Nippon Telegraph and Telephone West Corp. The partnership intends to...