Austin, Texas - Ms. Nadirah Mohamed Nazri, Director of MIDA Chicago represented MIDA as a speaker during the International Asian Market Briefing at the ASIA X AUSTIN Summit 2024. This event, organised by the Greater Austin Asian Chamber of Commerce (GAACC) in collaboration with the City of Austin and its partners, provided a crucial platform for exploring business opportunities between Central Texas and vibrant markets such as Malaysia, Singapore and Hong Kong. Read More

In the ever-evolving landscape of integrated building support services, KJTS Group Berhad (KJTS Group) stands tall as a beacon of excellence. The group has marked its presence on the ACE Market of Bursa Malaysia Securities Berhad in January 2024 and the group has consistently been at the forefront of innovation. Read More

Amidst Malaysia’s thriving medical devices sector, the presence of Amcor Flexibles Asia Pacific Malaysia proves instrumental, supported by a team of 250 professionals dedicated to advancing excellence and driving innovation in fostering the country's growing market. Recognising Malaysia's growth potential, the company prioritises enhancing its R&D capabilities to meet evolving market demands and introduce tailored products efficiently.Read More

In today's interconnected world, businesses are increasingly looking beyond their borders to tap into new markets and unlock growth opportunities. Predictive analytics has emerged as a game-changer driving informed decision-making, enhancing customer experiences to help unlock new opportunities for growth and maximise their potential in global markets. Read More

The global push for sustainable and eco-friendly practices has driven the wood products industry to innovate and adapt new applications to remain relevant. One segment of the wood industry that has immense potential to leverage on the concerted call for environment conservation is the engineered wood industry. Read More

The official visit of YAB Dato’ Seri Anwar bin Ibrahim, the Malaysian Prime Minister (PM), to Melbourne from 3 to 7 March 2024, marked a historic milestone in the economic relations between Malaysia and Australia. The visit has seen a series of high-level engagements, including a notable Round Table Meeting (RTM) that brought together 20 chief executives and senior leaders from 18 diverse Australian companies. These discussions spanned various industries from medical devices to the digital economy, involving both investors and importers. Read More

The Ministry of Investment, Trade and Industry (MITI) concluded a fruitful Trade and Investment Mission to Germany and France in a strategic move to further fortify Malaysia's position as the preferred investment destination. Led by Minister of Investment, Trade, and Industry, YB Senator Tengku Datuk Seri Utama Zafrul Abdul Aziz, the mission aimed to bolster investment prospects and foster economic partnerships.Read More

In a significant move to reform the international tax landscape, Malaysia joined the OECD Inclusive Framework (IF) as an associate member of Base Erosion and Profit Shifting (BEPS) in 2017. As part of this endeavour, about 140 jurisdictions have come together to introduce a two-pillar solution to ensure that multinational enterprises (MNEs) pay a fair share of tax wherever they operate and generate profits.Read More

In today’s fast-paced and competitive business landscape, adapting to change is crucial for staying ahead. This holds particularly true for the banking industry, where understanding diverse industries is essential. Hong Leong Bank (HLB) has not only embraced this philosophy but has taken it a step further by introducing a dedicated Industry Specialist Team tailoring support for customers’ evolving needs.Read More

Strategically situated among the bustling business hub and commercial districts of Kuala Lumpur, Malaysia, Alps Global Holding Berhad (“Alps”) is a fully-integrated biotechnology research, medical and wellness company dedicated to the development of personalised medicine using cutting-edge technologies such as genomics DNA, mRNA, and cellular therapy to usher in a new era of healthcare advancement.Read More

Fassi Asia Pacific, strategically situated in Nilai, Negeri Sembilan, stands as a beacon of innovation within the esteemed Fassi Group, specialising in cutting-edge crane technology since its establishment in 2013. This strategic move into Malaysia is deeply rooted in Fassi's four-decade history of exporting to the region.Read More

In the ever-evolving landscape of global tourism, Malaysia stands at a crossroads, facing transformative challenges and uncertainties . Seizing this moment, the nation has strategically positioned itself among the world's top-ten destinations, with a focus on niche segments, particularly towards nature-based tourism (NBT). Read More

Malaysia's foray into the semiconductor industry began in the 1970s, driven by ambitious government initiatives aimed at diversifying the economy. Over the decades, the nation's semiconductor industry stands at the forefront of economic transformation, poised to become a global powerhouse. Read More

Amidst the challenges of a tumultuous global economy, Malaysia stands tall, showcasing unprecedented growth and resilience. On 29 February 2024, Malaysia’s Minister of Investment, Trade and Industry (MITI), YB Senator Tengku Datuk Seri Utama Zafrul Abdul Aziz, announced the country's historic investment performance for 2023 during the MIDA Annual Media Conference (AMC) 2024.Read More

Starting from 1 January 2024, prior submitting applications for Import Duty and/or Sales Tax Exemption on raw materials and components (Iron and Steel – HS Code 7201-7316) for raw materials under HS Tariff Codes 7208, 7209, 7210, 7211, 7212, 7213, 7214, 7304, 7305 and 7306, applicants are required to secure a Confirmation on Local Availability (CLA). Read More

In a significant leap towards fostering expertise and innovation in Pahang’s oil and gas industry, a Memorandum of Understanding (MOU) was inked on 17 January 2024, between E&P O&M Services Sdn. Bhd. (EPOMS), Pahang Skills Development Center (Pahang Skills) and the Professional Education Center of Universiti Teknologi Petronas (CAPE) at the Hyatt Regency Hotel, Kuantan.Read More

Headquartered in Sungai Petani, Kedah, Malaysia, FAMAX Technology (M) Sdn. Bhd. (formerly known as FMEFAMAX Engineering (M) Sdn. Bhd.) is on a mission to be globally recognised as a world-class One Stop Total System and Engineering solutions provider, committed to delivering quality, on time delivery, and maintaining cost-effectiveness.Read More

JLL Malaysia Sdn. Bhd., a wholly-owned subsidiary of Japan Lifeline Co., Ltd. (JLL) founded in 2017, stands as a leading player in medical device manufacturing, specialising in Electrophysiology Catheters. Read More

Malaysia's dedication to green initiatives signals its emergence as a prominent destination for Green Investment in the region. This is apparent as the country is committed to reducing Greenhouse gases (also known as GHG) emissions by 2030 to 45 percent as a party to the Paris Agreement 2015.Read More

Contract Development and Manufacturing Organisation (CDMO) plays a central role in the production of medicines today.Read More

Invest Malaysia Facilitation Centre (IMFC), established as a one-stop centre for investment-related matters, represents a significant development in Malaysia's conducive investment landscape. It stands as a remarkable upgrade to the existing advisory centre at the Malaysian Investment Development Authority (MIDA. Commenced on 1 December 2023, the IMFC aims to speed up various approval processes, provide consultation and advisory services, and reduce bureaucracy in public service delivery. Read More

Demonstrating Malaysia's adeptness in global economic engagements, the Ministry of Investment, Trade & Industry (MITI) and MIDA recently concluded a Trade and Investment Mission (TIM) to Milan and Turin, Italy, led by YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade & Industry (MITI). Taking place from 12 to 16 January 2024, the TIM achieved noteworthy results, securing a promising RM2.8 billion in potential investments.Read More

On 10 January 2024, YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade and Industry (MITI) along with senior officials from MITI and MIDA, embarked on an investment mission to the Republic of Singapore, marking the commencement of an exciting year ahead. This initiative, in conjunction with the S. Rajaratnam Endowment Dialogue @ Regional Outlook Forum 2024 (SRED@ROF2024), symbolised a pivotal moment in cultivating international partnerships and attracting foreign investments (FI) to Malaysia.Read More

Malaysia and Japan share a common goal of achieving net-zero carbon emissions by 2050, spanning across various industries and activities. The recent Strike Force visit, led by Datuk Wira Arham Abdul Rahman, CEO of MIDA, from January 16 to 20, 2024, in Tokyo, marked a significant step towards achieving this goal. Read More

Expanding business operations regionally has become a crucial strategy for companies seeking growth. With increased connectivity and advancements in technology, the world has become a global marketplace, and businesses are now able to explore opportunities in new regions in a much faster and more efficient way. Read More