The machinery & equipment (M&E) industry assumes strategic importance to Malaysia's economy with its cross-cutting linkages across all economic segments. However, given the evolution of technology in the industry is moving at such a relentless pace, this presents Malaysian business leaders with challenges as well as opportunities to create new business ventures. For companies that are bold to embrace these new and upcoming technologies, there are a plethora of opportunities in robotics application, artificial intelligence (AI), machine learning and smart technologies that are waiting to be explored.Read More

Asia Pacific Economic Cooperation or better known as APEC, has grown into a dynamic engine promoting trade and economic growth in the Asia-Pacific region since its establishment in 1989. This inter-governmental forum comprising of 21 member economies was formed in response to the growing interdependence of the Asia-Pacific economies, regional trade blocs and establishment of new markets during the mid-1980s. Needless to say, APEC is still a very much relevant bloc in today's business world and exerts a significant influence across the global markets.Read More

Malaysia has successfully attracted a total of RM53.9 billion approved investments in the manufacturing, services and primary sectors for the first quarter of 2019 (Q1 2019), an increase of 3.1% from the same period last year (RM52.3 billion). These investments are from 1,678 projects and are expected to generate more than 41,200 job opportunities for the country.Read More

Enhancing the students' employability has always been on top of the human capital development agenda of the Government. This is to ensure that they are industry-relevant, ready to enter the job market and ultimately able to contribute to the economic growth of the country. Various programmes are usually adopted by universities and colleges to increase the employability of their students such as internship, career awareness program, industry talk, curriculum embedment, and lecturer's attachment to industry. Read More

MIDA's E-Newsletter in has introduced readers to the Forum of Harmful Tax Practices (FHTP) and its requirements in fulfilling Action 5: Countering Harmful Tax Practices More Effectively, Taking into Account Transparency and Substance. This edition aims to update readers on the current progress and incentive recipients' tax responsibilities.Read More

Being an organisation half a century old, MIDA's priority remains the same. We are here to ensure that Malaysia achieves its goals and aspirations, creating wealth that translates to tangible benefits felt by all across Malaysia. In achieving these goals, based on the Eleventh Malaysia Plan, Chapter 8: Re-engineering economic growth for greater prosperity, the Government will precede the continuous effort to strengthen and enhance the country's domestic investment through MIDA, which also gives importance to domestic investment by engaging and facilitating with more domestic companies.Read More

The escalating growth of the human population and the rapid evolution of heavy industrial sectors are significant contributors to energy demands. To fulfil this ever-increasing demand, current and future energy systems need to be costeffective, practical, reliable and sustainable, with low impact on the environment. For these reasons, there is a growing interest in hydrogen-based fuel technologies in recent years. Read More

With the rising trend of establishments of Centres of Excellence (COE) in Asia among multinational corporations (MNCs), Malaysia increasingly emerges as a popular choice of location for these operations. For many years, Malaysia has played an important role as a Regional Hub, offering strategic operations location within South East Asia, robust industrial ecosystem and a talented and multilingual workforce.Read More

As more trade deals are shifting towards the ASEAN region, Malaysia is gearing up to be the go-to place for trade. Malaysia’s trade value is steadily increasing amidst economic challenges and on-going trade tensions globally. According to MATRADE, in 2019, Malaysia recorded its largest trade surplus since 2009 valued at RM137.39 billion, an increase of 11 per cent compared to the previous period. Malaysia aims to continue this favourable trend, making it a preferred destination for investors and businesses.Read More

The two billion millennials, representing 25 per cent of the world’s population, are re-defining consumerisation. Based on a market research company, Growth from Knowledge (GfK) study found that 59 per cent of 20 to 29 years old and 57 per cent of 30 to 39 years olds agreed with the statement that “experiences are more important than possessions”. Millennials prefer to socialise in group engagement at a fraction of the cost instead of investing in personal highly expensive virtual reality applications such as Virtual Reality (VR) headsets and play stations. They are favourable to ‘immersion rooms’ that provide space and technology for a hyper-real, smooth journey into VR which cannot be achieved at home.Read More

The trend of supply chain convergence has strengthened Malaysia’s role as a Global Hub. Many MNCs such as Volkswagen, Nestle, IDT and IKEA have leveraged on Malaysia’s strategic location and efficient trade infrastructure to serve their growing business in the Asian market.Read More

Demographic shifts and urban lifestyle changes demand innovative responses for new directions in the delivery of healthcare from the Government and healthcare providers. In supporting the growth of healthcare services, MIDA continues to position Malaysia as the healthcare hub in the region. Thus far, MIDA has facilitated a total of 77 private healthcare facilities since 2012. This amounted to investments of more than RM10 billion and have created over 15,000 job opportunities in the healthcare industry.Read More

The Palm Oil Industrial Cluster (POIC) Lahad Datu was established by the Sabah State Government in 2005 to spearhead the development of palm oilbased downstream activities. Through the provision of adequate physical infrastructure and policies, POIC serves as a catalyst to accelerate the growth of the palm oil industry in the region. Presently, Sabah is the largest oil palm T producing state in Malaysia, tapping on 1.55 million hectares of its plantation to supply oil palm raw materials for valueadding manufacturing. Apart from palm oil, the Lahad Datu POIC comprises other industrial clusters such as port and logistics, oil and gas, biorefineries and small and medium enterprises. Strategically located along the Lombok-Makassar Straits, POIC is well known for its deep seaport with 20-meter depth.Read More

The International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) 2019 marks its 10th anniversary as the largest trade event for green technologies and eco-solutions in South East Asia. IGEM is an excellent platform for solution providers and green energy businesses to tap into the fast-expanding ASEAN market by showcasing the latest innovations within the industry. Organised annually by the Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC) in collaboration with Malaysia Green Technology Corporation (MGTC), IGEM 2019 is scheduled to be held from 9 to 11 October 2019 at the Kuala Lumpur Convention Centre (KLCC). It is expected to generate RM2.8 billion in business leads.Read More

Active use of technology to capture new frontiers and drive productivity is not new to the oil and gas industry. The upstream sub-sector for example, has been at the forefront of several significant technological advances in the past, from supercomputing techniques for reservoir modeling to seismic and 3D imaging for drilling and project developments; while refineries have been pursuing digitalisation for more than 30 years, with technologies like advanced process control (APC) being part of the operational mix of many operators.Read More

With fast-growing cities and ballooning population, developing countries like Malaysia are facing numerous challenges in sustainably managing wastes. The waste generated in Malaysia in 2005 was 19,000 tons per day at a recycling rate of 5%. The quantity rose to 38,000 tons per day thirteen years later, in 2018, despite the increased recycling rate of 17.5%. This is alarming as the rate has exceeded the Japan International Cooperation Agency (JICA) study’s proposed rate of 30,000 tons per day in the year 2020. With limited space for landfills and rising costs of disposal, there is increased pressure and urgent need to tackle the waste management issue and reduce the impact on the environment and general well-being of the population.Read More

he e-Commerce industry is growing exponentially within the Southeast Asia region particularly in Singapore, Malaysia, Indonesia, Thailand, Philippines and Vietnam. BMI Research in 2018 reported that these ASEAN countries are set to contribute an estimated of USD64.8 billion (RM257.9 billion) in 2021 from online shopping market activity, a giant leap from USD37.7 billion recorded in 2017. Malaysia's share of total online retail sales was at 2.7%, positioning Malaysia second in the region.Read More

The Gaming Industry evolved from a group of young developers into a billion-dollar industry, and with the exponential growth of technology, the trend of playing games has grown from being played on PCs and mobiles, to consoles and virtual reality (VR). A global leader in eSports, games, and mobile intelligence, Newzoo is the leading market intelligence from the Netherlands since the year 2007. It has a partnership with giant tech companies such as Microsoft, Facebook, Warner Bros, Google, Razer and many others. Newzoo has also highlighted in its 2018 Global Games Market Report that the global games market is expected to grow from USD151.9 billion in 2019 to approximately USD180.1 billion in 2021.Read More

Globally, sports tourism is recognised as one of the upcoming tourism markets with significant economic potentials. In Malaysia, it is an important income generator in the tourism industry, contributing approximately RM5 billion annually and is supported by a broad global audience as sporting events usually attract domestic and international participants. Revenue generated ranges from accommodations, food and beverages, ticket/gate sales, sponsorships, media rights to merchandising and garment production.Read More

We are a global pharmaceutical company with 79 years of experience. We strive to improve lives through quality products with continuous innovation.Read More

Our customers/end-users are national and international O&G companies including Petronas, Sapura, Shell, ExxonMobil, Chevron, ConocoPhilips, ADNOC Group, Qatar Petroleum, Kuwait Oil Company, Petroleum Development of Oman, Sonatrach, Sinopec, ENI, Samsung, Hyundai, Technip, Wood and many others.Read More

Founded by Mr Steven Goh in 2002, DelstAsia Sdn. Bhd. (DelstAsia) began as a marketing company, acting as the sole-agent for Delst Inc, USA in distributing DMX-7, a food-grade grain and feed conditioner, for the Asian market. Being a new player then in the animal feed industry was a great challenge. DelstAsia had to compete against well-established international MNCs that had stronger brand names and more resources to hold firm to their market share. However, given the products’ outstanding field results and ability to solve industry-specific challenges of tropical climate grain storage and handling, it managed to sell itself.Read More

Shifting customer demands, changing global landscape and continuous technology enhancement are crucial elements that shape the role, processes and capabilities of the electronic manufacturing services (EMS) industry. Printed circuit board (PCB) assembly is the primary manufacturing activity of EMS companies, and this segment is continuously evolving as components are being consistently minusculed with the introduction of more compact new devices. This, in turn, requires changes to be made to the process of mounting electrical components to the PCB such as the Surface Mount Technologies (SMT) to ensure the final assembled PCB is equipped to be used in complex and high technology products.Read More

Aemulus Corporation started operation in 2004, focusing on the tester equipment market for the semiconductor industry. By 2015, Aemulus testers footprint can be found in most of the countries in Southeast Asia, and China, Taiwan, South Korea, Germany, as well as the States. Aemulus was listed in Bursa Malaysia as a public company in the same year. Then in 2017, Aemulus embarked on artificial intelligence platform software development.Read More

The world has been astounded by the spread of the COVID-19 virus at the start of the year 2020. The Malaysian economy was also affected, notably smaller businesses and vulnerable groups such as lowerincome individuals, daily wage earners and workers. Proactively, Malaysia implemented the Movement Control Order (MCO) since 18 March 2020 to battle the pandemic. Selected economic sectors were, however allowed to operate subject to strict adherence to the standard operating procedures (SOPs) for the respective sector.Read More