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By

Dieny Akmal
Over the last decade, global tourism saw intense growth and diversification, becoming one of the fastest growing industries in the world pre-COVID-19. The industry contributes to economic development, creation of employment opportunities and overall national economic growth.
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Also known as white sand, quartz sand or industrial sand, silica sand is a combination of two elements – silica and oxygen. It comes in a wide range of shades, mostly white or colourless. The colour of the sand depends on the rock detritus and the minerals that make up the resource. The quartz material in the sand, in particular, is obtained from sources like beach dunes before it is processed into different types and grades to be supplied to different industries for various applications.
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The term 'nutraceutical' has been defined in various ways across the world. Nutraceutical is also known as medical foods, designer foods, phytochemicals, functional foods, and nutritional supplements. However, its general definition was coined by Stephen De Felice, founder and chairman of the Foundation for Innovation in Medicine which describes nutraceutical as a “food, or parts of a food, that provide medical or health benefits, including the prevention and treatment of disease.”
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New digital industrial technologies have been instrumental in transforming the way goods are produced, enabling processes to be faster, more efficient and costeffective. The Industry 4.0 Policy announced by the Malaysian Government in October 2018 was to encourage players in the manufacturing sector, particularly SMEs, to evolve and leverage new technology, digitalisation and e-commerce platforms to create high value in their businesses.
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MIDA attended a dialogue session with the Board of Directors, Top Management, and Deans of the AIMST University on 22 September 2020 in Bedong, Kedah.The engagement aimed to share the Malaysian Investment Development Authority (MIDA)’s role in spearheading the nation’s investment agenda and the critical role assumed by higher education institutions in producing job-ready talents.
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There is no single path for manufacturers to adopt Industry 4.0. Still there is a simple blueprint for the key requirements of an Industry 4.0 system that can guide leaders in the manufacturing space to embrace Industry 4.0. Four main elements for leaders to focus are Inter-operability, Digital Twin, Modularity, and Flexibility.
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The new era of trade is being accelerated by the progress of globalisation, economic liberalisation, and the rapid advancement of information and communication technology (ICT). Services, in particular, have emerged as a dominating force in today’s trade, becoming an important engine for economic development.
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Tourism has evolved beyond the common understanding of being limited to vacation activities only. Niche tourism areas such as property tourism, sports tourism, business tourism and voluntourism are among the segments that have been growing in popularity and traction. Malaysia, in particular, is fast becoming a notable country in the global health and medical tourism sector.
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