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Amirul
Established in Penang in 1991, Newbillion Precision Metal has transformed from a humble company casting telephone weights into an engineering solution provider by continually investing in technology, innovation, and skills.
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Cohu Malaysia located in Melaka is Cohu’s largest manufacturing operation and the world’s largest test and inspection handler factory. The Melaka facility proudly celebrated its 25th Anniversary recently, and in addition, shipped its 4,000th test handler. The milestone system, a MATRIX thermal pick-and-place handler, was shipped to Infineon in Singapore for testing automotive and industrial devices.
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In the wake of today’s challenging business landscape due to COVID- 19, continuous cost pressure, increasing market volatility and technology-driven disruptions are repurposing and reshaping conventional business models. More agile and strategic approaches are adopted to manage and increase the resilience of critical supply chains.
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The advent of multiple technology categories such as the Internet of Things (IoT), Augmented Reality (AR), Virtual Reality (VR) and Artificial Intelligence (AI) are driving the wave of IR4.0. This is further accelerated by the arrival of the pandemic which has caused massive technological and economic shifts; reshaping the way modern society works. The 5G technology then becomes a unifying force to consolidate these different innovations as higher digital connectivity becomes critical in opening up opportunities for businesses and enterprises as well as countries to maintain economic growth and competitiveness.
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As more high-tech innovative companies are making Malaysia their investment destination of choice, a future-ready talent pipeline is important to be nurtured to support these growing demands. The MIDA Assessment Development Centre (MADC) HyTalent Programme is among ongoing efforts by the Government to increase high-value job opportunities for Malaysians and meet the country’s workforce needs, in tandem with enhancing the overall industry’s ecosystem to drive sustainable economic growth on the road to recovery post COVID-19.
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The Chief Executive Officer of MIDA, Dato’ Arham Abdul Rahman has completed a seven-day working visit (17-23 November) to Los Angeles and San Jose which targeted 11 high quality and strategic companies with confirmed investment plans into Malaysia. The working visit focused on business ventures by new companies with cutting edge technology as well as expansion and diversification projects by notable existing companies in Malaysia, especially in the electrical and electronics, and medical technology industries.
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At a time where many are working to keep our heads above the water, businesses are required more than ever to provide relevant solutions that intersect with the essentials of everyday life. Among them, energy has been on the radar of corporate organisations and nations as one of the top operating expenditures alongside rent and payroll. Renewable energy such as solar power has been identified as among the top solutions for businesses by policymakers, world leaders and industry-leading organisations to tackle the rising utility bills and access affordable energy solutions.
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With a presence in more than 200 countries and territories and producing approximately 200 master brands, The Coca-Cola Company is one of the world’s leading household names.The company is proud of its heritage in Malaysia and to have been refreshing Malaysians since 1936.
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International trade has not been spared by the disruptive effects of the COVID-19 pandemic. In May 2020, Malaysia registered a decline of 25.8% for exports whilst imports dropped by 29.5% year-on-year. However, the gradual global demand recovery from the second half of 2020 has seen Malaysia’s external trade performing well. One of the vital sectors that contributed to this recovery is the commitment of maritime transport. Maritime transport is prominent in Malaysia because approximately 98% of Malaysian trade is carried by sea.
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Malaysia continues to be an attractive base for global automotive manufacturers. Honda, Toyota, Nissan, Mercedes-Benz and BMW are some of the global automotive companies which have set up their operations in the country to take advantage of buoyant consumer demands. Geely Auto Group, a leading automobile player from China acquired PROTON shares in 2017. This demonstrates the keen interest of China investors to leverage Malaysia to penetrate the ASEAN market. International component manufacturers, such as ZF, Delphi, Continental, Nippon Kayaku, PD Kawamura, Akashi Kikai, Denso and Bosch have also made Malaysia their base to launch their products in the region.
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MITI has recently concluded the Trade and Investment Mission (TIM) to Germany, France & United Kingdom from 12-23 October 2021 as part of the continuous effort to draw investments into the country. Led by YB Dato’ Seri Mohamed Azmin Ali, Senior Minister of International Trade and Industry (MITI), the TIM involved engagements with the ministers of host countries, Round Table Meetings with prominent industry stakeholders and one-to-one meetings with potential investors. MIDA was represented by Dato' Arham Abdul Rahman, Chief Executive Officer (CEO).
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The availability of talents with the right skill sets is one of the critical enablers to sustain Malaysia’s position as an attractive investment destination in the region. With this acknowledgement, MIDA established the Industry Talent Management and Expatriate Division in 2013 as an active conduit between the industry and academia in bridging talent gaps as well as serving investors’ human capital needs. Numerous engagements have enabled the agency to assist in talent needs of the industries and more importantly, such arrangements have contributed to the employability of our local undergraduates.
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Founded in Germany, the Wilo Group is one of the world's leading premium providers for pumps and pump systems for the building services, water management and industrial sector. Wilo has evolved from being a local specialist to a global player over the years, and continues to expand globally.
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Solarvest is on a colossal quest to steer the world to a greener future. As a leading clean energy and the first pure solar engineering, procurement, construction, and commissioning (EPCC) company that is publicly listed on Bursa Malaysia, it is committed to the vision of creating a world generated by renewable energy.
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The market for personal care products continues to grow, catering to the changing preferences and lifestyles of consumers. While this industry is fiercely dominated by international brands, local Malaysian companies continue to strive and make breakthroughs in the personal care supply chain. Among them is Bodibasixs Manufacturing Sdn Bhd, a contract manufacturer with an impressive range of multinational and local companies among their clientele.
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Malaysia Airlines, the nation’s flagship carrier has always played a unique role in stimulating trade, promoting tourism and more importantly, asserting the national identity– bearing the Malaysian brand to the world and warmly welcoming visitors to Malaysia. The national carrier continues to evolve and adapt to the changing times and market demands by refocussing to be business-ready, provide better travel experiences and offer competitive prices. Hence, Malaysia Airlines remains among MIDA’s key strategic partners as both organisations share similar goals of bringing the world to Malaysia towards driving long term growth of the country.
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There is a general consensus that the safeguarding of livelihoods is tied to controlling the spread of a pandemic, that is until effective vaccines are produced. Vaccines are complex biological products used to prevent rather than treat diseases. Traditionally, vaccines are made of dead or weakened virus molecules, known as antigens that trigger defensive white blood cells in the immune system to create antibodies. These antibodies then bind to the virus and neutralise it.
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With a target of RM5 billion in business leads, the 12th International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2021) is South East Asia’s largest trade event for green technologies and ecosolutions. It is dubbed the engine for green growth as the world prepares to embrace greener and more sustainable operations by adopting the principles of Economic, Social and Governance (ESG) in all aspects of business operations. Throughout the years, IGEM has successfully generated over RM30 billion in business leads since its launch in 2010. IGEM, to date, has attracted more than 490,000 visitors from over 79 countries.
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Malaysia Records RM107.5 Billion of Approved Investments in January – June 2021
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The CEO of Malaysian Investment Development Authority (MIDA) was privileged to receive a courtesy visit from the United States of America’s newly appointed Ambassador to Malaysia, Brian D. McFeeters, on 21 September 2021 at MIDA Headquarters, Kuala Lumpur.
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MYFutureJobs is the primary reference and a one-stop centre for employment services and training in Malaysia. In addition to job matching and recruitment support, the portal provides upskilling and reskilling training programmes through 495 registered training providers in 6,662 courses across 42 fields. Covering job placement functions, career counselling, mobility assistance, social security protection for individuals facing job losses, training and active labour market, the MYFutureJobs offers comprehensive employment solutions that are critical for the adjustment of the labour market consequently, cushioning the impact of current economic transitions.
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The Concord Group of Companies is a leading developer of renewable energy (biogas) power plants and have won awards such as the National Energy Awards 2020 by the Ministry of Energy and Natural Resources, and the 2nd Runner Up for ASEAN Energy Awards 2020 by the ASEAN Centre for Energy. The parent company, Concord Alliance Sdn Bhd (CASB), started venturing into the Renewable Energy (RE) sector in 2014 and to date, the Group comprises 13 companies with operations in Malaysia and Indonesia.
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LH Plus Sdn Bhd started in 1947 as a small family-owned enterprise producing metal parts for bicycle stands. Over the years, they have successfully transformed and corporatised their business operation into a plastic injection moulding company. Their business philosophy is reflected in its core values i.e. doing the right thing, embracing discipline and consistency, pursuing growth and learning, thinking outside of the box, and being passionate and determined. Most of their employees have remained with the company for over ten years, with the longest being forty-three years to date. Today, LH Plus offers a diversified range of premium homewares and medical devices for various domestic and global conglomerates. The company plans to continue its global expansion plans to world-leading conglomerates while growing its domestic business. Being a responsible corporate citizen, LH Plus also maintains an active CSR programme, contributing to various communities for different needs.
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Biocon Biologics, a subsidiary of Biocon, focuses on the Group’s biosimilars business. It has one of the largest global biosimilars portfolios spanning recombinant human insulin (rh-Insulin), insulin analogs, monoclonal antibodies and other biologics for oncology, immunology and other therapeutic areas. The company is well-positioned to offer lowered costs and more access to this highly innovative class of drugs. The demand for biosimilars is set to grow as patents expire on leading biologics and pressure for lower priced drugs increases.
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