Malaysia’s MISC Berhad and Maritime and Port Authority of Singapore (MPA) have signed a memorandum of understanding (MoU) aimed at enhancing collaboration in innovation, research and development (R&D), and test-bedding activities to advance digital...
Malaysia has officially launched the National AI Office (NAIO), a pivotal initiative aimed at advancing the country’s digital transformation and positioning it as a leader in artificial intelligence (AI) within the ASEAN region. Prime Minister Datuk Seri Anwar...
Mahkota Medical Centre (MMC) in Malacca has launched Malaysia’s first Next-Gen Smart Ward, marking a significant milestone in patient care as the facility celebrates its 30th anniversary. This initiative aims to redefine healthcare through the integration of...
UVCell Solar and Iozela Data Center have announced a strategic collaboration to develop two significant projects in Malaysia, focusing on sustainability and renewable energy. The first project will establish a state-of-the-art data center complex in Penang, designed...
Pengerang Energy Complex (PEC) has secured project financing of USD 3.5 billion from leading export credit agencies (ECA) and Islamic financing entities to develop a state-of-the-art low-carbon petrochemicals facility in Malaysia. The financing agreement was ratified...
Malaysia has demonstrated strong investor confidence with approved investments totaling MYR 254.7 billion (USD 56.58 billion) for the first nine months of 2024, reflecting a 10.7% year-on-year growth and the creation of over 159,000 jobs. Investment, Trade and...
The world’s first palm oil mill utilizing artificial intelligence (AI) technology has been launched in Kuala Kangsar, Malaysia, marking a significant advancement for the palm oil industry. The initiative was unveiled by Plantation and Commodities Minister Datuk...
The Malaysian government has announced a significant initiative to lease 28 AW149 medium helicopters from Italy’s Leonardo, with a contract valued at USD 3.4 billion over a 15-year period. This announcement was made by Defence Minister Datuk Seri Mohamed Khaled...
IOI Properties Group Bhd (IOIPG), one of Malaysia’s largest real estate developers, has announced the launch of the IOI Rio City masterplan, a 40.46-hectare (100-acre) integrated development in Bandar Puteri Puchong, Selangor. With a gross development value of...
MKS Instruments Inc., a US-based global technology solutions provider, has announced a USD 100 million investment to build a state-of-the-art super center factory in Batu Kawan, Penang. The facility will support the production of wafer fabrication equipment to meet...
Tanco Holdings Bhd, a publicly listed property company in Malaysia, has joined forces with CCCC Dredging Southeast Asia Sdn Bhd (CDSA) to develop Malaysia’s first smart AI-powered container port. This project is a key part of Tanco’s broader goal to create...
Oracle has unveiled plans to invest over USD 6.5 billion to establish a public cloud region in Malaysia, responding to the growing demand for artificial intelligence (AI) and cloud services. This new cloud region will provide local customers and partners with access...
