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manufacturing sector
The Malaysian Investment Development Authority (MIDA) is partnering with CETIM (the French leading Technical Centre for Mechanical Industry) through a Memorandum of Understanding (MOU) to promote and facilitate cooperation in the niche engineering and manufacturing technology, including in emerging fields such as Smart Manufacturing, Industry 4.0 and Circular Economy. The MOU highlights MIDA and CETIM’s...
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Kuala Lumpur, 22 February 2021 – The Malaysian Investment Development Authority (MIDA) is partnering with CETIM (the French leading Technical Centre for Mechanical Industry), through a Memorandum of Understanding (MOU) to encourage, promote and facilitate cooperation in the niche engineering and manufacturing technology including in emerging fields such as Smart Manufacturing, Industry 4.0 and Circular...
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MIDA, in collaboration with the Association of Malaysian Medical Industry (AMMI) and the Malaysian Medical Device Manufacturers Association (PERANTIM)  has successfully organised a seminar on ‘Intensifying Malaysian Capabilities for the Medical Devices Sector’, at MIDA Headquarters, Kuala Lumpur on 30th November 2023. Welcomed by Mr. Sivasuriyamoorthy Sundara Raja, MIDA Deputy Chief Executive Officer (Investment Promotion...
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Santander, together with the Malaysian Investment Development Authority, CIMB, DIT and Make UK would like to invite you to join us for a virtual session about Malaysia’s manufacturing sector and the opportunities it offer to UK companies. Date: 14 Sep 2021Time: 09:30 to 11:00 am Register Now
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Kuala Lumpur, 6 April 2021 – The Government has agreed to provide certain relaxation of conditions to manufacturing and services companies that have been approved with incentives under the purview of the Malaysian Investment Development Authority (MIDA). This is part of the proactive measures undertaken by the Government to continue Malaysia’s economic revitalisation efforts by...
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Kuala Lumpur, 8 February 2021 – The recent report by The Straits Times of Singapore on 5 February 2021 regarding foreign investors fleeing Malaysia is incorrect. The piece falsely indicates that the United Nations Commission on Trade and Development (UNCTAD) report confirmed what has been spoken of anecdotally. The UNCTAD report estimated that Global Foreign...
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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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The MyPlast Sourcing Summit 2023, organised by MIDA in collaboration with the Malaysian Plastics Manufacturers Association (MPMA) at the One World Hotel in Petaling Jaya, Selangor, successfully provided a dynamic platform for collaboration between Small and Medium Enterprises (SMEs) and Multinational Companies (MNCs). The event focused on catalysing growth and strengthening the local plastics supply...
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On 31 October 2023, the ESG Impact Awards Launch 2023 provided a platform for influential leaders and forward-thinking companies committed to making a profound impact on the environment and society through ESG practices. MIDA’s Executive Director, Investment Policy Advocacy (Manufacturing), Ms. Masni Muhammad, graced the event as the guest of honour. Alongside her were Mr....
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Enhancing South Korea-Malaysia cooperative measures in investment, trade, finance, digital and tourism Over the last two years, the COVID-19 pandemic disrupted many different areas of lives, livelihood and business strategies. While the pandemic entangled global supply chains, it has also helped policymakers, businesses, and communities to look at the world with very new lenses as...
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Tuesday, 8 November 2022 – The Corporate Communications Division of MIDA hosted a networking event and expert panel session which focused on Malaysia’s Domestic Direct Investment (DDI) landscape. Titled, “Shifting the Paradigm: Enhancing Domestic Direct Investment (DDI) For Sustainable Economic Growth”, this event was held at Perdana Hall, Level 10, MIDA Sentral. The Journalist Programme...
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Kuala Lumpur, 21 April 2021 – Globetronics Techology Bhd., a leading miniaturised optical sensors manufacturer in Malaysia, announced the establishement of a cloud-based state-of-the-art platform through the adoption of Industry 4.0 processes in their high volume mass production operations. The expansion worth RM50.2 million will incorporate Artificial Intelligence (AI), big data analytics and Extended Reality...
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Malaysia attracted a total of RM153.2 billion worth of investments in the manufacturing, services and primary sectors for the first nine months of 2015, International Trade and Industry Minister Dato’ Sri Mustapa Mohamed said. This was lower than the RM180 billion approved in the same period last year. The drop was mainly due to a...
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Kuala Lumpur, 16 August 2019 – “Despite the challenging global economic landscape and more intense competition, Malaysia continued to sustain its investment growth momentum in the first half of 2019 (1H2019),” said YB Datuk Darell Leiking, Minister of International Trade and Industry (MITI). Malaysia recorded a total of RM92.0 billion of approved investments in the...
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Manufacturing Sector Takes the Lead with an Increase of 10.3 per cent in Approved Investments Kuala Lumpur, 2 March 2021 – The global economic environment in 2020 was very challenging, as a result of the COVID-19 pandemic, which had its contagion effects on major economies throughout the world. Despite the challenges, the Ministry of International...
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Kuala Lumpur, 29 January 2021 – The United Nations Commission on Trade and Development (UNCTAD) has released earlier this week its latest Global Investment Trend Monitor report. It estimated that Global Foreign Direct Investment (FDI) flow fell by 42 per cent to an estimated USD859 billion in 2020 compared to USD1.5 trillion recorded in 2019....
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Kuala Lumpur, 27 January 2021 – CIMB ASEAN Research Institute (CARI) in partnership with ASEAN Business Club hosted another webinar under its flagship Invest ASEAN series on ‘Italian Industry Expertise in Malaysia’. The session featured Dato’ Azman Mahmud, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA); His Excellency Cristiano Maggipinto, Ambassador of Italy...
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