The semiconductor industry is the primary enabling technology in every production line in the world. Semiconductor devices are essential components of electronic circuits and are made primarily from silicon. They can be found in almost every electrical device such as smartphones, computers and even coffee machines. Companies that operate in the semiconductor industry generally belong to one of these groups.Read More

Malaysia's aerospace industry is one of the rapidly growing industries in the country, energised by the implementation of the National Aerospace Industry Blueprint 2030. With over 230 companies involved in the maintenance, repair and overhaul (MRO), aero-manufacturing, education and training, systems integration, as well as engineering and design activities, the industry is growing at an average of 5% for the past ten years.Read More

"Science to Business" has been one of the essential criteria being focused by Malaysia in its National Biotechnology Policy. The Policy aims to transform the biotechnology industry into one of the vital economic contributors to the nation.Read More

Diesel is one of the most energy-dense fuel options that has been used for ages to power the heavy road vehicles, water transportations; ships, tanker and boats as well as a fuel for diesel engines. The gradual depletion of fossil resources has led to renewable energy development, to cater to the demands in the future. Read More

Over the years, the Olympic Games have brought about economic and social benefits to the hosting nations. With the approaching 2020 Tokyo Summer Olympics and Paralympic Games, Japan is expected to receive up to 40 million visitors, and the Japanese Government has been steadily opening up their economic borders for new business opportunities. One promising area is the halal food and beverages (F&B) industry.Read More

The first successfully produced synthetic gemstone was a ruby made in 1902 by Auguste Victor Louis Verneuil. The Verneuil Technique enabled the production of gemstones of high quality to be used for making of jewellery. Since then, the method has been expanded to other gems, with manufacturers utilising laboratory-synthesised sapphires for a variety of industrial and decorative purposes. These synthetic sapphires are used in optical lenses, semiconductors, light-emitting diodes (LEDs), artificial sapphire glass (e.g. mobile phone and television screens), medical devices, aerospace, lithium batteries and power storage components.Read More

Globally, the automotive industry is undergoing an immense transformation. It is widespread across the industry, and it is being driven by a pertinent element such as industry 4.0 and efforts towards digitalisation of the entire value chain.Read More

The world has been astounded by the spread of the COVID-19 virus at the start of the year 2020. The Malaysian economy was also affected, notably smaller businesses and vulnerable groups such as lowerincome individuals, daily wage earners and workers. Proactively, Malaysia implemented the Movement Control Order (MCO) since 18 March 2020 to battle the pandemic. Selected economic sectors were, however allowed to operate subject to strict adherence to the standard operating procedures (SOPs) for the respective sector.Read More

Shifting customer demands, changing global landscape and continuous technology enhancement are crucial elements that shape the role, processes and capabilities of the electronic manufacturing services (EMS) industry. Printed circuit board (PCB) assembly is the primary manufacturing activity of EMS companies, and this segment is continuously evolving as components are being consistently minusculed with the introduction of more compact new devices. This, in turn, requires changes to be made to the process of mounting electrical components to the PCB such as the Surface Mount Technologies (SMT) to ensure the final assembled PCB is equipped to be used in complex and high technology products.Read More

Numerous countries around the world are implementing measures to manage COVID-19 to keep their population safe. In Malaysia, the first COVID-19 case was reported on 25 January 2020. The Government took proactive actions to curb the diseases and announced the Movement Control Order (MCO) beginning 18 March 2020. The MCO, initially scheduled for two weeks, is currently in its 4th phase until 12 May 2020.Read More

Globally, SMEs play a significant role in contributing to national GDP growth, employment and innovation. In Malaysia’s context, SMEs represent 90 per cent of business establishments. They also account for 65 per cent of the country’s employment and contribute approximately 40 per cent to the country’s GDP.Read More

Russia is blessed with vast natural resources such as oil and gas, iron and steel as well as wood and forestry. Today, Russia is among the world's leading producers of oil and natural gas and a top exporter of metals such as steel and primary aluminium. Russian companies are also trendsetters of technology in niche industry segments such as aerospace, energy generation, machinery and equipment, weapon and military, given their intense focus on research and development activities.Read More

The COVID-19 pandemic has proven that digitalisation and automation is a necessity to ensure business sustainability. At the webinar session entitled “COVID-19: A Catalyst for Malaysia’s Industrial Revolution (IR) 4.0”, organised by the British Malaysia Chamber of Commerce’s (BMCC) webinar on 22 May 2020, Mr. Sivasuriyamoorthy Sundara Raja, Executive Director of Investment Promotion, MIDA updated the participants on investment opportunities in the country and Malaysia’s journey towards embracing the new normal with IR4.0.Read More

The Malaysian Investment Development Authority (MIDA) participated as one of the panellists in the webinar entitled ‘Post Covid-19 Economic Situation Prediction in Malaysia’, organised by the Chinese Enterprises Chambers of Commerce in Malaysia (CECCM) on 15 May 2020. The session attracted a total of 14,200 views on CECCM, and the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM)’s Facebook pages.Read More

Malaysia's move to break the chain of infections through the implementation of the Movement Control Order (MCO) beginning 18 March 2020 is proving to be effective with Malaysia handling the situation relatively well. In tandem, to ensure the resilience of the country's economy, most of the economic sectors have been allowed to operate subject to strict adherence to health and safety guidelines.Read More

Being an organisation half a century old, MIDA's priority remains the same. We are here to ensure that Malaysia achieves its goals and aspirations, creating wealth that translates to tangible benefits felt by all across Malaysia. In achieving these goals, based on the Eleventh Malaysia Plan, Chapter 8: Re-engineering economic growth for greater prosperity, the Government will precede the continuous effort to strengthen and enhance the country's domestic investment through MIDA, which also gives importance to domestic investment by engaging and facilitating with more domestic companies.Read More

Qualities of innovative are essential for every country. This is important to maintain sustainability by making a continuous improvement that opens up to all kind of opportunitis for potential new market and product/activities. Based on the 2019 Global Innovation Index, released by The World Intellectual Proerty Organisation (WIPO), it is found that Asia's innovation index is increasing despite experiencing an economic slowdown.Read More

According to A.T. Kearney, the global smart home market is expected to grow to more than USD50 billion in 2020 and approximately USD400 billion in 2030, representing more than 40 per cent of the total home appliance market. A January 2019 report by ResearchAndMarkets.com also predicts significant growth in the overall smart home market, expecting a compound annual growth rate (CAGR) of 12.02% from USD76.6 billion in 2018 to USD151.4 billion by 2024.Read More

Globally, sports tourism is recognised as one of the upcoming tourism markets with significant economic potentials. In Malaysia, it is an important income generator in the tourism industry, contributing approximately RM5 billion annually and is supported by a broad global audience as sporting events usually attract domestic and international participants. Revenue generated ranges from accommodations, food and beverages, ticket/gate sales, sponsorships, media rights to merchandising and garment production.Read More