Speaking at an economic symposium organized by the Malaysian Parliament on 26 July, the deputy secretary-general (macro) of the Ministry of Economic Affairs (MEA) said that the 12th Malaysia Five Year Plan (12MP), covering the period from 2020 to 2025, will focus on...
MyNews Holdings Berhad, the parent company for local convenience store MyNews, has recently launched its own food processing center (FPC) to produce fresh food to be placed in about 200 outlets located in Klang Valley. Divided into two sections, the FPC is capable of...
Malaysia is anticipated to have its first electric vehicle (EV) smart Manufacturing plant soon. A feasibility study has been initiated for a plant to be set up on a 162-hectare site at the Enstek Industrial Park in Nilai, Negeri Sembilan. The park is located within 30...
Eco World Development Group Berhad and PowerChina Group are collaborating on two large industrial and Infrastructure projects. The move is said to strengthen bilateral relationships between Malaysia and China and open doors for potential industrialists seeking to...
Malaysia is moving towards liberalizing its natural gas market with just one price review away to achieve market-based gas pricing this year. This was shared by Adif Zulkifli, Petronas Executive Vice President & CEO, Gas and New Energy in his speech during the...
MDEC is the Malaysian government’s lead agency tasked with driving the growth of the digital economy in the country. Together with the Ministry of International Trade and Industry, MDEC heads the National eCommerce Strategic Roadmap, an initiative meant to spur on...
A co-funding initiative between private investors and the government targeting SMEs known as the SME Investment Partner (SIP) Program has recently raised a total of MYR 90 million (USD 21.88 million) of funds which is ready to be disbursed for investments in SMEs in...
Japanese ICT giant, NEC, has submitted a proposal to the Malaysian Ministry of Communications and Multimedia (KKMM) to provide biometric technology for a large-scale government program, which will see the introduction of biometric identities for all of Malaysia’s 32...
Petronas Chemicals Group (PCG), the petrochemical arm of Malaysian state-owned Energy company Petronas, has signed a Memorandum of Understanding with London-based Plastic Energy Ltd to address the issue of plastic waste which cannot be recycled through conventional...
In June 2019, Airbus subsidiary, Sepang Aircraft Engineering Sdn Bhd (SAE), opened a smart workshop for the repair of aircraft nose radomes, in Sepang, Selangor. The facility has three inspection rooms, two dedicated paint spray booths, a sanding room, a Clean Room,...
Taiwanese electronics manufacturer Hotayi Electronic (M) Sdn Bhd has invested MYR 1 billion (USD 243 million) in a new 350,000 sq ft plant located in Batu Kawan, Penang. Since 1992, the electronic Manufacturing services company has been operating in Bukit Tengah...
Malaysia’s Health Minister, Dr Dzulkefly Ahmad, expects an open tender worth around MYR 1.5 billion (USD 365 million) to be announced this year for a project that will fully implement an electronic Medical record (EMR) system in all government hospitals and clinics in...
