shahrilmd, Author at MIDA | Malaysian Investment Development Authority
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shahrilmd
ASEAN stands at the forefront of global economic transformation, with Malaysia assuming the Chairmanship in 2025. Within this dynamic landscape, the Northern Corridor Economic Region (NCER) emerges as a strategic hub, uniquely positioned to drive regional integration, sustainable growth and investment-led economic expansion.
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Established in 1997, AFI Brake Manufacturing Sdn. Bhd. (AFI Brake) has distinguished itself as a leading integrated producer of automotive braking friction products, catering primarily to the aftermarket sector. Situated in Kuala Terengganu, Malaysia—just a short 45-minute flight from Kuala Lumpur International Airport—AFI Brake operates at the cutting edge of braking friction product manufacturing.
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Artificial Intelligence (AI) represents the cutting edge of computer science, where machines perform tasks that were once exclusive to human intelligence. From learning and reasoning to complex problem-solving, AI systems now match—and in some cases exceed—human capabilities in specific domains.
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Malaysia recorded a commendable milestone with RM378.5 billion in approved investments in 2024, the highest in the nation's history, marking a 14.9% year-on-year growth. Spanning 6,700 projects across key sectors, these investments will generate over 207,000 new jobs, reinforcing Malaysia’s position as a premier investment destination.
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The global logistics sector is the backbone of trade and commerce, ensuring the seamless movement of goods across borders. As demand for rapid and efficient delivery surges – driven by the expansion of e-commerce, customer expectations, and environmental concerns, the industry is undergoing a profound transformation.
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Malaysia’s ambition to become a digital powerhouse has placed data centres at the forefront of its economic strategy. These facilities, the backbone of cloud computing, artificial intelligence, and a myriad of other digital advancements, are essential to the nation's goal of establishing itself as a regional tech hub.
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On 7 January 2025, the Malaysian and Singapore governments signed an agreement to officially form the Johor-Singapore Special Economic Zone or JS-SEZ envisioned to be dynamic and competitive, with a vibrant and empowered private sector, elevating the economic potential of both Malaysia and Singapore as a global hub alongside one of the world’s busiest shipping routes.
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A local manufacturer of pharmaceutical products in Malaysia, Ain Medicare Sdn. Bhd. (AIN MEDICARE) is synonymous with producing sterile and non-sterile products, ranging from Intravenous Infusions, Antimicrobial Infusions, Small Volume Injections, Irrigation Solutions, Haemodialysis Concentrates, and Peritoneal Dialysis Solutions.
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The global logistics landscape is undergoing a transformative shift, driven by advancements in technology aimed at boosting operational efficiency, reducing costs, and ensuring sustainability.
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Traditional and herbal medicine has been used for centuries, but its importance has become increasingly evident in recent times as the world recognises their immense potential to complement modern medicine.
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Malaysia continues to solidify its status as a premier investment destination in ASEAN, leveraging its strong bilateral ties and historic relationship with the United Kingdom.
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The East Coast Economic Region Development Council (ECERDC) continues its mission to drive balanced development across Kelantan, Terengganu, Pahang, and the districts of Mersing and Segamat in Johor, aligned with the MADANI Economy principles. Here's how ECERDC made strides in 2024:
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Financial inclusion is a critical driver of economic growth and social development in the Asia Pacific region. While we have witnessed significant progress, a significant number of individuals and businesses remain underserved or excluded from the formal financial system. This gap hinders economic growth, exacerbates poverty and limits opportunities for millions.
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As Malaysia positions itself at the forefront of the global green transition, the adoption of Electric Vehicle (EV) has become a cornerstone of its strategy to reduce carbon emissions and foster sustainable growth. Policies such as the National Automotive Policy (NAP) 2020, the National Energy Policy 2022-2040 (NEP) and the Low Carbon Mobility Blueprint 2021-2023 (LCMB), underpin the nation’s commitment to decarbonisation and its ambition to become a regional leader in energy-efficient vehicles.
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The Malaysian iron and steel industry faces the vital need to decarbonise its operations. In the global transition to a low-carbon economy, the industry must adapt, minimise its carbon footprint and ensure its sustainability for long-term growth.
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From 6 to 8 December 2024, a dedicated team of MIDA volunteers joined Skuad Kasih MITI in a CSR initiative to aid flood-affected communities in Negeri Sembilan. Led by the Minister of Investment, Trade and Industry (MITI), YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, the mission delivered essential supplies to over 500 families across Jelai, Gemencheh, Tampin, and Kuala Pilah.
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Nestled on the island of Borneo, Sabah, one of Malaysia’s picturesque states, is set to become a prominent logistics hub in Southeast Asia. With its strategic geographical position, rapidly advancing infrastructure, and strong government backing, Sabah is primed for growth, offering investors unparalleled opportunities to capitalise on the region's burgeoning logistics market.
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Since its establishment in November 2005, Mildef International Technologies Sdn. Bhd. (MILDEF) has become a cornerstone of Malaysia’s defence industry. Founded by visionary Managing Director, Dato' Sri Mohd Nizam bin Kasa, the company has grown into a trusted partner in defence technology, boasting a workforce of 140 dedicated professionals. With 66% of its team engaged in technical roles, MILDEF’s capabilities span Maintenance, Repair, and Overhaul (MRO), vehicle modification, refurbishment, and cutting-edge Research and Development (R&D).
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The rise of social media has transformed the beauty industry fostering a culture where cosmetics and personal care products are not just essentials but also key components of self-expression and identity. Platforms like Instagram, TikTok, and YouTube have propelled beauty influencers and trends into the spotlight, encouraging consumers to experiment with an array of products to achieve the latest looks.
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Malaysia approved RM254.7 billion of investments for the first nine months of 2024 (9M2024), marking a steady 10.7% increase from the previous year. The strong performance reflects Malaysia’s sustained economic momentum, propelled by the services, manufacturing, and primary sectors. A total of 4,753 new projects have been approved during this period, set to create 159,347 new jobs for Malaysians.
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In November 2024, the Prime Minister, YAB Dato’ Seri Anwar Ibrahim, led a high-profile working visit to Egypt, Peru and Brazil, accompanied by senior ministers, government officials and a delegation of business leaders. The mission also saw the participation of key representatives from MIDA, including Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer of Investment Promotion and Facilitation, as well as Mr. Mohd Hamim Hamdan Mustafa and Mr. Najmy from MIDA San Jose, and Mr. Zaidi Asraf, from MIDA United Arab Emirates – Dubai.
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Malaysia continues to solidify its reputation as a strategic investment destination in ASEAN, leveraging strong bilateral ties with its largest trading partner, The People’s Republic of China. The recent working visit of the Prime Minister, YAB Dato’ Seri Anwar Ibrahim to Shanghai and Beijing from 4 to 7 November 2024 marked a pivotal step towards enhancing trade, attracting high-value investments and fostering innovation-led growth.
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Prime Minister YAB Dato’ Seri Anwar Ibrahim has undertaken an Official Visit to the Republic of Korea (ROK) from 24 to 26 November 2024. This visit, his first to South Korea since assuming office in November 2022, was accompanied by key ministers including the Minister of Foreign Affairs Dato’ Seri Utama Haji Mohamad Haji Hasan; Minister of Investment, Trade and Industry Tengku Datuk Seri Utama Zafrul Tengku Aziz and other senior officials including Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid the Chief Executive Officer of MIDA.
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Since its establishment in 2006, the Regional Corridor Development Authority (RECODA) has been at the heart of Sarawak’s transformation. Tasked with spearheading the Sarawak Corridor of Renewable Energy (SCORE), RECODA has become a driving force behind Sarawak's journey toward industrialisation, investment attraction, and socioeconomic development. In line with Sarawak’s Digital Agenda, RECODA supports digital advancement through infrastructure development, fostering connectivity that underpins the state’s broader objectives for digital transformation and sustainable growth.
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Founded in 1930, Texas Instruments (TI) is a global leader in semiconductors, shaping the future of electronics. With two (2) major production facilities in Selangor and Melaka, TI has been instrumental in advancing Malaysia’s electronics industry. As an industry pioneer, Texas Instruments Malaysia Sdn. Bhd. (TIM) and Texas Instruments Electronics Malaysia Sdn. Bhd.
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