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By

Md Shahril
In today’s fast-paced and competitive business landscape, adapting to change is crucial for staying ahead. This holds particularly true for the banking industry, where understanding diverse industries is essential. Hong Leong Bank (HLB) has not only embraced this philosophy but has taken it a step further by introducing a dedicated Industry Specialist Team tailoring support for customers’ evolving needs.
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Strategically situated among the bustling business hub and commercial districts of Kuala Lumpur, Malaysia, Alps Global Holding Berhad (“Alps”) is a fully-integrated biotechnology research, medical and wellness company dedicated to the development of personalised medicine using cutting-edge technologies such as genomics DNA, mRNA, and cellular therapy to usher in a new era of healthcare advancement.
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Fassi Asia Pacific, strategically situated in Nilai, Negeri Sembilan, stands as a beacon of innovation within the esteemed Fassi Group, specialising in cutting-edge crane technology since its establishment in 2013. This strategic move into Malaysia is deeply rooted in Fassi's four-decade history of exporting to the region.
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In the ever-evolving landscape of global tourism, Malaysia stands at a crossroads, facing transformative challenges and uncertainties . Seizing this moment, the nation has strategically positioned itself among the world's top-ten destinations, with a focus on niche segments, particularly towards nature-based tourism (NBT).
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Malaysia's foray into the semiconductor industry began in the 1970s, driven by ambitious government initiatives aimed at diversifying the economy. Over the decades, the nation's semiconductor industry stands at the forefront of economic transformation, poised to become a global powerhouse.
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Amidst the challenges of a tumultuous global economy, Malaysia stands tall, showcasing unprecedented growth and resilience. On 29 February 2024, Malaysia’s Minister of Investment, Trade and Industry (MITI), YB Senator Tengku Datuk Seri Utama Zafrul Abdul Aziz, announced the country's historic investment performance for 2023 during the MIDA Annual Media Conference (AMC) 2024.
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Starting from 1 January 2024, prior submitting applications for Import Duty and/or Sales Tax Exemption on raw materials and components (Iron and Steel – HS Code 7201-7316) for raw materials under HS Tariff Codes 7208, 7209, 7210, 7211, 7212, 7213, 7214, 7304, 7305 and 7306, applicants are required to secure a Confirmation on Local Availability (CLA).
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In a significant leap towards fostering expertise and innovation in Pahang’s oil and gas industry, a Memorandum of Understanding (MOU) was inked on 17 January 2024, between E&P O&M Services Sdn. Bhd. (EPOMS), Pahang Skills Development Center (Pahang Skills) and the Professional Education Center of Universiti Teknologi Petronas (CAPE) at the Hyatt Regency Hotel, Kuantan.
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Headquartered in Sungai Petani, Kedah, Malaysia, FAMAX Technology (M) Sdn. Bhd. (formerly known as FMEFAMAX Engineering (M) Sdn. Bhd.) is on a mission to be globally recognised as a world-class One Stop Total System and Engineering solutions provider, committed to delivering quality, on time delivery, and maintaining cost-effectiveness.
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JLL Malaysia Sdn. Bhd., a wholly-owned subsidiary of Japan Lifeline Co., Ltd. (JLL) founded in 2017, stands as a leading player in medical device manufacturing, specialising in Electrophysiology Catheters.
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Malaysia's dedication to green initiatives signals its emergence as a prominent destination for Green Investment in the region. This is apparent as the country is committed to reducing Greenhouse gases (also known as GHG) emissions by 2030 to 45 percent as a party to the Paris Agreement 2015.
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Contract Development and Manufacturing Organisation (CDMO) plays a central role in the production of medicines today.
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Invest Malaysia Facilitation Centre (IMFC), established as a one-stop centre for investment-related matters, represents a significant development in Malaysia's conducive investment landscape. It stands as a remarkable upgrade to the existing advisory centre at the Malaysian Investment Development Authority (MIDA. Commenced on 1 December 2023, the IMFC aims to speed up various approval processes, provide consultation and advisory services, and reduce bureaucracy in public service delivery.
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Demonstrating Malaysia's adeptness in global economic engagements, the Ministry of Investment, Trade & Industry (MITI) and MIDA recently concluded a Trade and Investment Mission (TIM) to Milan and Turin, Italy, led by YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade & Industry (MITI). Taking place from 12 to 16 January 2024, the TIM achieved noteworthy results, securing a promising RM2.8 billion in potential investments.
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On 10 January 2024, YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade and Industry (MITI) along with senior officials from MITI and MIDA, embarked on an investment mission to the Republic of Singapore, marking the commencement of an exciting year ahead. This initiative, in conjunction with the S. Rajaratnam Endowment Dialogue @ Regional Outlook Forum 2024 (SRED@ROF2024), symbolised a pivotal moment in cultivating international partnerships and attracting foreign investments (FI) to Malaysia.
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Malaysia and Japan share a common goal of achieving net-zero carbon emissions by 2050, spanning across various industries and activities. The recent Strike Force visit, led by Datuk Wira Arham Abdul Rahman, CEO of MIDA, from January 16 to 20, 2024, in Tokyo, marked a significant step towards achieving this goal.
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Expanding business operations regionally has become a crucial strategy for companies seeking growth. With increased connectivity and advancements in technology, the world has become a global marketplace, and businesses are now able to explore opportunities in new regions in a much faster and more efficient way.
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iHandal Energy Solutions, a leading Malaysian company specialising in energy efficiency solutions for the hospitality and manufacturing industry, has emerged as one of the key players in the growing sustainable energy landscape.
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Microsoft started its operations in Malaysia in July 1992 – more than 30 years ago. Today, Microsoft employs more than 200 employees across its offices in Kuala Lumpur and Penang. The company’s mission is to create technology to empower every person and every organisation on the planet to achieve more. In Malaysia, Microsoft works closely with governments, non-government organisations, enterprises, communities, and individuals to deliver its mission and support the nation’s digital aspirations.
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Over the past years, the Malaysian electric vehicle (EV) industry has emerged as a beacon of innovation, reflecting the nation's commitment to sustainable transportation and environmental conservation. Amid the ongoing global shift towards electrification in the automotive industry, Malaysia has strategically positioned itself as one of the significant participants in this whole green revolution.
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Malaysia has proactively engaged in integrated waste management initiatives to address environmental concerns and promote sustainable waste practices. Despite the nation’s various strategies and programmes, the increase in population and economic growth has posed a significant challenge to waste management.
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In a significant stride towards bolstering economic ties, YAB Dato' Seri Anwar Ibrahim, Prime Minister of Malaysia, led a working visit to Tokyo, Japan, from 16 to 18 December 2023, coinciding with the ASEAN-Japan Commemorative Summit. This strategic move aimed to build upon existing economic partnerships and attract potential investments.
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In today's rapidly evolving global condition, the pressing need for sustainable and renewable energy sources have become increasingly evident. Acknowledging this urgency, a growing number of nations have embarked on a pursuit towards a sustainable energy landscape. In an effort to further amplify this agenda for Malaysia, the Government has launched the National Energy Transition Roadmap (NETR) as a comprehensive strategic plan to steer the energy systems away from conventional, fossil-fuel-based sources and towards cleaner, more sustainable alternatives. Designed to address the challenges posed by climate change, enhance energy security, and ensure long-term sustainability, this roadmap spans multiple sectors, encompassing electricity generation, transportation, industrial processes, and residential energy consumption.
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The Transport Logistic (TLAC) Southeast Asia 2023 event, held at the Marina Bay Sands Convention Centre in Singapore from 1-3 November 2023, gathered industry leaders, policymakers, and experts.
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A highly successful business networking event, themed “Malaysia – Your ASEAN Gateway”, took place on 28 November 2023, at the Malaysian Embassy in Berlin. This significant gathering was made possible through the collaborative efforts of local partners, namely the German Association for Small and Medium-sized Businesses (BVMW) and the German Asia Pacific Business Association (OAV).
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