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MIDA e-Newsletter

Topics highlighted in this e-newsletter are insights and updates on investments related to both the manufacturing and services sectors, industry focus, economic news as well as the various events organised by MIDA. Register here now.
MIDA NEWSLETTER - JUNE 2018
HIGHLIGHTS

TAKE ADVANTAGE OF THE AUTOMATION CA TODAY & INCREASE YOUR PRODUCTIVITY!

For a future that works, automation will be high on the list of any manufacturing company that is seeking to maintain their competitiveness. As companies around the world are increasingly utilising technological advances, smarter and more flexible machines will continue to be necessary on a larger scale. MIDA continues to stress on the importance of reaping the economic gains of automation and promote its adoption through the Automation Capital Allowance (Automation CA) incentive.

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INDUSTRY NEWS

MALAYSIA'S HALAL LOGO, A GLOBAL MARK OF CONFIDENCE AND QUALITY

‘Halal’ products and services have gone beyond a definition associated with religious beliefs alone but is becoming more accepted as a global symbol of quality and wholesomeness. This is evident with the diversified offerings of halal products and services covering various industries.

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SERVICES NEWS

LIQUEFIED NATURAL GAS (LNG) – MARINE FUEL OF THE FUTURE

Shipping, which transports about 90% of global trade, is one of the contributors to marine pollution. Emissions of sulphur oxide (SOx) and nitrogen oxide (NOx) from ships into the atmosphere may cause global air pollution, human health issues and global warming. Efforts to reduce the harmful impacts of shipping have been initiated by the International Maritime Organisation (IMO).

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EVENTS

Highlights of May 2018

  • Director of MIDA Melaka was present during the courtesy call on new Chief Minister of Melaka, YAB Hj. Adly Zahari by ED and CEO of Xinyi Glass on 1 June.

  • Many established companies, chambers and associations from Osaka and Fukuoka, Japan participated in the roundtable meeting with Deputy Chief Executive Officer II, Mr. Arham Abd.Rahman on 8 June.

  • Director of MIDA Tokyo was at the bilateral meeting between both the Prime Ministers of Japan and Malaysia on 12 June.

  • The Embassy of Malaysia and MIDA organised a business meeting on 14 June, highlighting on investment opportunities in Malaysia.

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NEWSLINKS

MALAYSIAN RANKING

13 Malaysian companies on Forbes 2018 Global 2000 list

ECONOMY NEWS

Ting Pek Khiing to build RM30bil Langkawi New City project

Kelly Services: Malaysia employment prospects look bright this year

'Stable' ratings likely to remain

E&E shipments boost April exports to RM84.2b

Rosy outlook for 2 industries

Dr Mahathir invites Japan to invest in Malaysia

'Malaysia to ensure stable environment'

Malaysia could extend tax breaks for key foreign investors — Dr Mahathir

Statistics Dept: Economic outlook remains favourable going forward

INDUSTRY NEWS

Zero-rated GST will drive automotive sector, says New Hoong Fatt MD

Modenas to capture pole position via tie-up with India's Bajaj

CCM sees robust growth next year

Malaysian Innovation On Global Map

Tatt Giap plans RM140mil project

Malaysian Firms Gain RM289.1Million Potential Sales at SEMICON

BioAlpha upbeat on health supplement sector

Manufacturing sector may improve in third quarter

Hartalega launches anti-microbial gloves in U.K.

Nestle spends RM13m on green initiatives

Dialog acquires last 20% stakes in Langsat terminals

Coca-Cola to invest more in Malaysia

Gamuda IBS optimises efficiency

Supermax the first Malaysian firm to get licence to export lenses to Japan

Scientillence eyes IPO to fund expansion

D&O to tap into Japan’s LED component markets

Dr M to bring in Chinese car parts makers to improve local talent

New growth area for chipmaker

Pertama eyes full capacity in October for smelting plant

PIE embarks on biggest expansion plan

Pushing nanotechnology products to the fore

SERVICES NEWS

RM30m for Airports 4.0 initiative

UPM is 202nd best university globally

DNeX identifies five growth areas

UCSI, nation’s top private varsity

Berjaya plans airport on Pulau Tioman

UM ranks 87th in world university rankings

MAHB: No changes to KL Aeropolis and DFTZ projects for the present

OYO Hotels sees room for growth in Malaysia

Alibaba keen to tap local talents, SMEs

Online hiring rises in Q1 due to demand for tech talents

Malaysia has strong potential as data centre hub

USM named world’s 14th best young university

Carousell in talks for e-wallet

Edotco plans 2,000 towers in 2018

Halal sector to benefit from tie-up

Joint effort to develop airports

‘More R&D investments needed for Malaysia to compete’

GLOBAL NEWS

Huawei to invest over US$80m in SEA region

S-E Asia economies to see mild 4.9pc expansion

Semiconductor fab equipment spending to grow 14% y-o-y in 2018, says SEMI

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Last Updated : Friday 13th July 2018