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Amirul
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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The global growth of the senior population has led to new business opportunities and technology solutions in the aged care industry. Most elderly folks want to remain independent, stay in control and enjoy a premium quality of life in their golden years, but their abilities start to decline with age. Hence, this gave rise to the demands for aged care and retirement living.
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Since the outbreak of the pandemic, global business and manufacturing ecosystems have been upended, reinforcing the urgency for automation as governments and business leaders focus on reinvigorating the languishing economy. The pandemic has revealed how vulnerable global supply chains can be and has motivated manufacturers to rethink automation adoption in a more cost-effective manner, especially in the areas of customer engagement, supply chain, production and operation strategies. Adopting automation for cost-effective technology solutions is now critical for businesses to thrive in the postpandemic economy.
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The pace of digitalisation is accelerating around the world and SMEs need to embrace digital technologies towards achieving future growth. In keeping with the momentum from the implementation of Industry4WRD: National Policy on Industry 4.0 that focused on the manufacturing and related services sectors, the Government has recently launched the National Fourth Industrial Revolution (4IR) Policy in July 2021.
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The global start-up economy is immense, amounting to USD3 trillion in terms of value, a figure equivalent to the GDP of a G7 economy. According to Startup Genome[1], seven out of the top 10 largest companies in the world are in technology. There is no doubt that the inexorable pace of the economy is heavily reliant on digital and technological advancement, and this has been further accelerated by the pandemic. Hence, for a sustainable, resilient recovery to take place, the development of a techenabled start-up ecosystem is vital.
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YB Dato’ Seri Mohamed Azmin Ali, Senior Minister, Minister of International Trade and Industry (MITI) led the Trade and Investment Mission (TIM) to the State of Qatar, the Republic of Austria and the Republic of Turkey from 4-14 July 2021. The TIM involved bilateral meetings with the Senior Minister’s counterparts, a roundtable meeting with captains of industry and one-onone meetings with potential investors. MIDA’s participation in the TIM was led by Mr. Arham Abdul Rahman, Chief Executive Officer (CEO) of MIDA.
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The journey of Malaysia shifting from fossil fuels to renewable energy sources provides significant challenges and opportunities for various energy sectors. Malaysia as a signatory of the Paris Climate Agreement in 2015 is committed to reducing greenhouse gas (GHG) emissions by 45 per cent by 2030. In efforts to uphold this commitment, the Government has undertaken various initiatives to address the impact of climate change by exploring energy alternatives to substitute fossil fuels. Among them, hydrogen is considered the most promising alternative energy carrier in the world today. Presently, the majority of hydrogen is used for heavy industries such as oil refinery processes and the manufacturing of methanol, ammonia as well as iron and steel.
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The pandemic has amplified the importance of broadband connectivity in daily lives. Today, connectivity is as critical as other basic amenities such as energy and water. Efficient and stable highspeed connectivity at home is an important infrastructure to enable individuals and families to continue with work and manage daily lives seamlessly. Malaysia is well-positioned in implementing digital infrastructure strategies. In 2019, 90% or 29 million of the total population size of 32 million people have access to the internet, and this is projected to surge to 33.5 million by 2025 through JENDELA – the national digital infrastructure plan.
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Established in 2015, Oncogen Pharma (Malaysia) Sdn Bhd is a wholly-owned subsidiary company of a UAE- based group Scitech International. Oncogen Pharma is a fully integrated research-based pharmaceutical company with a global outlook on cancer treatment. As one of the fastest-growing pharmaceutical companies in the country, Oncogen Pharma has established the most advanced research and development (R&D) facilities for developing oncology active pharmaceutical ingredients (API) and formulations for regulated markets. Oncogen Pharma is also the first to pioneer a fully integrated USFDA standard infrastructure in the ASEAN region, offering a fully automated and high-potent manufacturing facility.
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In recent years, there has been a growing awareness of the impact of plastic pollution on the environment. NLYTech Biotech, a Malaysian company based in Penang has developed a sustainable alternative to singleuse plastic straws known as RiceStraws™. This is a 100% biodegradable, natural drinking straw – the first ever produced in Malaysia. Mr. Law Yee Tee, the CEO and founder of NLYTech Biotech has been leading his team to provide innovative and sustainable solutions to replace single-use plastic made products. In-house research and development started in 2018 and by September 2019, the finalised formulation went into full production. In the same year, NLYTech Biotech won the Best Sustainable Packaging category during the 2019 Asia Food Innovation Awards, organised by FoodBev Media at Suntec, Singapore.
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The Government has announced various assistance packages and economic stimulus amounting to RM340 billion that have benefitted more than 20 million households and over 2 million businesses.
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The Pagoh Special Economic Zone (“PSEZ”) Phase 1, a joint initiative by the Federal Government, Johor State Government and master developer, Sime Darby Property Berhad (Sime Darby Property), was launched by the Prime Minister, YAB Tan Sri Muhyiddin Yassin, on 27 March 2021 in Johor.
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Genetec is a well-known Malaysian homegrown Automation Solution Provider and machinery manufacturer with a presence in Asia, Europe and the United States, with more than 500 highly effective employees worldwide.
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While much of the talk on Circular Economy in Malaysia is surrounded by the country’s target for Single-Use Plastics by 2030, in actuality, it extends well beyond that. It covers topics of increasing material efficiency, the utilisation of biomass and all byproducts, broader industry resource efficiency and industrial ecology approaches.
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YB Dato’ Seri Mohamed Azmin Ali, Senior Minister, Minister of International Trade and Industry (MITI) led the Trade and Investment Mission (TIM) to the Republic of Korea (ROK) and Japan from 31 March - 6 April 2021. The TIM involved bilateral meetings with YBMK’s counterparts and one-on-one meetings with potential investors. MIDA’s participation in the TIM was led by Mr. Arham Abdul Rahman, Chief Executive Officer (CEO) of MIDA.
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