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Md Shahril
The Trade and Investment Mission (TIM) to Japan, led by YB Senator Tengku Datuk Seri Utama Zafrul Bin Tengku Abdul Aziz, Minister of Investment, Trade, and Industry (MITI), successfully took place from 29 May to 2 June 2023 in Tokyo and Osaka. This mission aimed to strengthen the bilateral trade and investment relationship between Malaysia and Japan across various sectors.
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Malaysia has once again established itself as a top investment destination, attracting RM71.4 billion in approved investments during the first quarter of 2023. These investments, spanning across the manufacturing, services, and primary sectors, are set to bring prosperity and create 23,977 job opportunities nationwide. Foreign Direct Investment (FDI) continues to outpace Domestic Direct Investment (DDI), with FDI contributing RM37.5 billion, accounting for 52.5% of the total approved investments.
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Malaysia has set its sights on achieving carbon neutrality by 2050, as part of the Twelfth Malaysia Plan (12MP). To meet this ambitious target, the country has pledged to reduce its greenhouse gas (GHG) emissions by up to 45% by 2030, in accordance with the Paris Agreement. With the energy sector being a key driver of both carbon emissions and sustainable development, Malaysia is now focusing on enhancing energy efficiency and reducing reliance on conventional energy sources.
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Did you know that in 2019, the world's greenhouse gas (GHG) emissions hit a record high of 49.76 billion tonnes, putting us on a collision course with a climate disaster? Unfortunately, nature can only absorb a fraction of these emissions, about 19 billion tonnes of CO2 annually, which means that we need to take urgent action to reduce our carbon footprint.
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The Malaysian Investment Development Authority (MIDA) successfully organised an inaugural seminar with the theme ‘Hydrogen Economy – Building a Sustainable Ecosystem in Shaping the Future of Energy, Materials & Infrastructure’ at MIDA Sentral, Kuala Lumpur on 21 March 2023. This seminar aimed to explore the significant potential of hydrogen technology and its ability to transform Malaysia's energy, materials, and infrastructure sectors.
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The logistics industry in Malaysia is a vital component of the country's economy, assuming a critical role in facilitating trade and driving growth. Among the many players in this dynamic industry, Securiforce Logistic (SFL) has distinguished itself as a trusted partner, providing innovative solutions to meet the evolving demands of businesses.
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Are you ready to dive into the world of cutting-edge technology and sustainability? Introducing Sandvik Mining and Rock Solutions, a business area within the renowned Sandvik Group, a Swedish multinational engineering company founded in 1892, and a global leader in providing top-of-the-line equipment, tools and digital solutions for the mining and construction sectors.
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In today's fast-paced world, technology is constantly evolving, and it's crucial for regulators to keep up with these advancements to avoid hampering innovation. Futurise, a company under the Ministry of Finance, is dedicated to driving innovation, regulation and commercialisation in Malaysia. With their National Regulatory Sandbox initiative, they provide a platform for innovators to deploy their technology solutions rapidly and establish new innovation ecosystems.
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Materialise is a pioneer in the 3D printing industry, with over three decades of experience in this groundbreaking field. With an extensive range of software solutions and 3D printing services, Materialise provides a strong foundation for the industry.
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Automation and digital technology are both crucial elements in assisting and enhancing the daily operation of industries today. The logistics industry, in particular, has transitioned in many ways as it evolves towards Industry 4.0 and adopting more E-Commerce activities globally. This revolution is spurred on by the demand for more seamless and efficient logistics services in terms of timeliness, service quality, ease of process, track and trace capabilities, and reliable infrastructure.
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Spirit AeroSystems Malaysia, a leading Tier 1 aerospace company, has been assuming a vital role in the global aerospace supply chain. Headquartered in the USA, the company assembles aerostructures for top aircraft such as the Airbus A350, A321XLR, A320, Boeing 787 and 737, among others. Spirit AeroSystems has expanded its global reach by establishing a facility in Malaysia, where it has been assembling aerostructures since 2007.
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Cross Border Investment (CBI), which involves investing across borders between two or more different countries, is a natural progression in any country that has attained a fairly high level of economic development. Over the years, CBI has become increasingly important particularly from the perspective of expanding business horizon and market growth. Therefore, it is timely for Malaysian companies to explore geographical boundaries to expand their market share, penetrate new investment opportunities and further push local companies globally.
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A vibrant and dynamic scene was witnessed in Seoul from 14-17 March 2023, as Malaysia's Trade and Investment Mission (TIM) to the Republic of Korea (ROK) unfolded. Led by YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of International Trade and Industry (MITI), this mission was the Malaysian government's prime endeavor to intensify the bilateral trade and investment bond between Malaysia and ROK, across diverse areas and sectors.
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The Trade and Investment Mission (TIM) to the People’s Republic of China, led by YB Senator Tengku Datuk Seri Utama Zafrul Bin Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI), was held from 30 March to 4 April 2023, in conjunction with YAB Prime Minister Dato’ Seri Anwar Ibrahim’s official visit to China. This timely undertaking was a proactive measure taken by MITI, MIDA and MATRADE to bolster bilateral trade and investment ties between Malaysia and China, resulting in securing potential investments of RM170 billion for Malaysia.
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When it comes to designing and building manufacturing facilities that are not only functional but also innovative and sustainable, KCLA, a Malaysian-based architectural design and engineering firm, is in a league of its own. With a portfolio of numerous successful projects for well-known manufacturing plants, the firm has established itself as a leader in the industry and a "go-to" choice for companies looking to build high-tech facilities.
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As a world leader in wafer level packaging technologies (WLP) and advanced packaging equipment manufacturing, PacTech has over 25 years of experience in semiconductor and electronic manufacturing industry. With our leading-edge technologies, PacTech has been a reliable partner to many global players including IDMs, OEMs and fabless design houses around the world.
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The Malaysian-born Sim Leisure Group (SLG) is highly regarded among prominent theme park development and management companies in Malaysia and abroad. The group was founded by Dato Sim Choo Kheng, who has dedicated more than three decades of his life to the leisure and entertainment industry.
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Why are specialty chemicals important to the industry? To further explore the realm of specialty chemicals, this article will guide you through understanding the industry’s significance, especially to Malaysia’s ecosystem. Specialty chemicals are typically produced through batch processes, as opposed to commodity chemicals that use larger and continuous processes. The coverage of specialty chemicals is vast across various industries such as electronics and semiconductors, cosmetics and personal care, pharmaceuticals and biotechnology, automotive, food and beverages, construction and building materials, and many more.
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On 8 March 2023, Malaysia’s Minister of International Trade and Industry (MITI), YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, announced the country's investment performance for 2022 during the MIDA Annual Media Conference (AMC) 2023. The AMC themed "Sustainable Investments for Growth," revealed that Malaysia had secured RM264.6 billion worth of approved investments, comprising 4,454 projects that are expected to create 140,370 new job opportunities for Malaysians.
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Handal Indah Sdn Bhd (HISB) is an experienced and trusted Malaysian bus service provider that has been operating since 2003. Over the years, the company has grown from just 8 buses to more than 600 buses and 50 new electrical vehicles (EV) buses and is now in the midst of setting up an Assembly Plant for Electric Vehicles to support its operations in Malaysia.
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FPT Software is a global technology company that provides software development, digital transformation, and technology consulting services to clients across various industries. With a strong focus on innovation and customer satisfaction, FPT Software has grown to become one of the largest technology firms in Vietnam, employing over 27,000 professionals and operating in 26 countries worldwide. The company's expertise spans across a wide range of technologies, including artificial intelligence, machine learning, cloud computing, and cybersecurity, among others.
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Digital adoption has become a new normal with businesses and consumers increasingly ‘go digital’ and migrate most workloads online. The increased usage of network and virtual storage has led to a surge in demand for data centres and cloud services.
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Additive manufacturing is a term coined by an industrialist who uses new approach in manufacturing industrial parts and components. Also known as 3D printing, both refers to the creation of lighter, robust parts and complex systems by depositing building materials layer upon layer in a successive cross section until the whole parts is complete. Additive manufacturing technology adds materials and melted it to create a line of superfine layer of an object which is difference with the conservative manufacturing. Conservative manufacturing, in order to produce parts will subtract materials via several processes such as milling, machining, grinding, carving etc.
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YAB Dato’ Seri Anwar Ibrahim, the Prime Minister of Malaysia, made his first official visit to Indonesia on 8 – 9 January 2023 to strengthen bilateral ties between both countries. YAB Dato’ Seri Anwar Ibrahim and the President of Indonesia, Joko Widodo, discussed areas of mutual national interest including economic cooperation, investment opportunities and strategies to overcome regional challenges, such as the European Union (EU) discrimination against palm oil imports from Indonesia and Malaysia.
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The term 'electric automobiles' is no longer uncommon in the global automotive business because it is the rage. Clean energy, zero carbon emissions, and air pollution issues can all be reduced once the world moves toward Environmental, Social, and Governance objectives (also known as ESG).
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