Ms. Wan Hashimah Wan Salleh, the Director of Green Technology Division, has involved as a speaker in Hong Leong Bank’s Sustainability Roundtable on Renewable Energy – Solar PV organised by Hong Leong Bank Berhad on 9 June 2021 via webinar. The presentation title is ‘MIDA Spearheading Nation’s Investment Agenda on Green Technology Industry’. The Webinar...Read More

Green Technology Division leads by Ms. Zulina Mohamed, the Senior Deputy Director of Green Technology Division, has involved an engagement session with Economic Department, Bank Negara Malaysia (BNM) leads by Ms Farina Adam Kong, Acting Deputy Director on 11 June 2021 via zoom link. The engagement session was to able to outreach larger group of...Read More

Tourism is the third-largest contributor to Malaysia’s GDP, after the manufacturing and commodities sectors. In 2019, the sector contributed about 15.9 per cent to the total GDP. In the last few years before the outbreak of COVID-19, the tourism industry in Southeast Asia had experienced a significant growth phase, and Malaysia launched the “Visit Truly Asia Malaysia 2020” campaign with a target of 30 million visitors and RM100 billion in tourist revenue for 2020. However, the COVID-19 outbreak severely impacted the Malaysian tourism industry, which led to the cancellation of the campaign.Read More

Malaysia’s digital journey started as early as 1996 which led to the introduction of the Multimedia Super Corridor (MSC). This move was visionary and advanced for its time. It was this early adoption that equipped Malaysia to embark on the current ambitious agenda of embracing Industry 4.0 as it requires a digital and industrial revolution to transform the manufacturing and services sectors in multiple ways.Read More

Partnership for Microsoft’s first datacentre region and skilling of one (1) million Malaysians in new and advanced cloud technologies Kuala Lumpur, 20 April 2021 – The Malaysian Investment Development Authority (MIDA) is proud to pronounce Microsoft’s Bersama Malaysia initiative as a game-changer towards the country’s digital-first agenda, in line with the nation’s MyDIGITAL aspirations. Microsoft’s...Read More

A Memorandum of Understanding (MOU) was inked between the Malaysian Investment Development Authority (MIDA) and UMW Corporation Sdn. Bhd., a wholly-owned subsidiary of the UMW Group, to further drive high-value quality investments into the country. The two parties will capitalise on each other’s capabilities and strengths to explore potential key areas of collaboration to attract...Read More

Kuala Lumpur, 14 April 2021 – The Malaysian Industrial Development Finance Berhad (MIDF) has inked a Memorandum of Understanding (MOU) with the Malaysian Investment Development Authority (MIDA) to offer small and medium enterprises (SMEs) and Mid-Tier Companies (MTCs) the opportunity to benefit from MIDA’s Smart Automation Grant (SAG). The SAG initiative, introduced in the National...Read More

R&D for Business Programme Attracted 1,392 Companies KUALA LUMPUR, 13 April 2021 – The Malaysian Investment Development Authority (MIDA) successfully hosted the Research and Development for Business (RD4B) Programme to promote and increase awareness of the importance of R&D activities among industries players. The event was an important platform for businesses to familiarise with government...Read More

Kuala Lumpur, 1 April 2021 – The Malaysian Investment Development Authority (MIDA) announced the retirement of its Chief Executive Officer (CEO), Dato’ Azman Mahmud. Mr. Arham Abdul Rahman, former Deputy CEO I of MIDA will step up to the role of the new CEO effective 1 April 2021. Mr. Arham has an outstanding track record...Read More

Kuala Lumpur, 29 March 2021 – The Malaysian Investment Development Authority (MIDA)’s digital transformation initiative or better known as InvestMalaysia Portal, an online application submission portal, is now open to public. “As Malaysia is adapting to this new normal, MIDA’s role is more crucial than ever to help businesses thrive and create a better future...Read More

“Welcoming Investors, Keeping You Safe” Kuala Lumpur, 23 March 2021 – Malaysia is welcoming business travellers to Malaysia while keeping everyone safe by introducing a Business Travellers Centre (BTC) at the Kuala Lumpur International Airport (KLIA). The BTC, launched today by the Senior Minister and Minister of International Trade and Industry YB Dato’ Seri Mohamed...Read More

KUALA LUMPUR, 16 March 2021 – A Memorandum of Understanding (MOU) was inked between the Malaysian Investment Development Authority (MIDA) and UMW Corporation Sdn. Bhd., a wholly-owned subsidiary of the UMW Group, to further drive high-value quality investments into the country. The two parties will capitalise on each other’s capabilities and strengths to explore potential...Read More

Malaysia recorded RM164 billion approved investments in the manufacturing, services and primary sectors in 2020. These 4,599 projects will create 114,673 new jobs opportunities in the economy.Read More

The Malaysian Investment Development Authority (MIDA) through its dedicated unit, the Domestic Investment Coordination Platform (DICP), in facilitating local SMEs to develop further, has enabled a Malaysian financial technology (Fintech) start-up, Neurogine Sdn. Bhd. to seal an acquisition deal with Hadigy Limited, an investment holding company based in the UK. The signing of the Shareholders’...Read More

“Welcoming Investors, Keeping You Safe” Kuala Lumpur, 3 March 2021 – The Malaysian government is very ‘pro-business’ and welcomes the entry of business travellers to carry out business operations amid the pandemic. In this regard, Malaysia’s Safe Travel portal which contains information and advisory services to facilitate business travellers’ entry into Malaysia is fully operational...Read More

Kuala Lumpur, 2 March 2021 — YAB Tan Sri Muhyiddin Yassin, Prime Minister of Malaysia, received a courtesy call from Nine Dragons Paper (Holdings) Limited led by its Chairlady, Madam Cheung Yan, at his office in Putrajaya today. The meeting was also attended by YB Dato’ Seri Mohamed Azmin Ali, Senior Minister and Minister of...Read More

Kuala Lumpur, 26 February 2021 – Cabot Corporation will continue its strategic investments to expand its manufacturing as well as research and development (R&D) capabilities at its plant in Port Dickson, Negeri Sembilan, Malaysia. The global speciality chemicals and performance materials company announced the launch of its Engineered Elastomer Composites (E2C™) solutions in 2020 as...Read More

Kuala Lumpur, 25 February 2021 – The Malaysian Investment Development Authority (MIDA) organised a virtual Domestic Investment Webinar to urge domestic stakeholders to implement digitalisation values and adopt innovation in their business to remain resilient. The session themed “Innovation and Transition to New Business Models” was supported by the Department of Polytechnic and Community College...Read More

BANGI, Malaysia (Feb. 24, 2021) – DENSO MALAYSIA A Sdn. Bhd. a subsidiary of DENSO Corporation, Japan, a leading global mobility systems and components supplier will be expanding its production capacity in Selangor, Malaysia . The RM160 million investment project has been approved by the Malaysian Investment Development Authority (MIDA) and is scheduled to commence...Read More

Kuala Lumpur, 22 February 2021 – Leuze electronic GmbH + Co. KG, short: Leuze, one of the world class optical sensor producers, has identified Malaysia for its first production plant in Southeast Asia. During a virtual press conference held recently in January 2021, while presenting the company’s 2020 performance and its outlook for 2021, Leuze...Read More

Kuala Lumpur, 4 February 2021 – The Malaysian Investment Development Authority (MIDA) congratulates CIMB on their recent launching of CIMB GreenBizReady, a one-stop sustainability solution for Malaysian Small and Medium Enterprises (SMEs). This is a contemporary platform to catalyse the transition of Malaysian SMEs towards the green economy. With an allocation of RM250 million, SMEs...Read More

Kuala Lumpur, 27 January 2021 – In collaboration with Intel Malaysia, the Malaysian Investment Development Authority (MIDA) has successfully organised a Virtual Artificial Intelligence for SMEs (AI4S) on 27 January 2021. This virtual event is the continuation of the first Axiomtek Artificial Intelligence Starter Kit launch on 18 August 2020; which led Intel Malaysia to...Read More

SABAH, 26 JANUARY 2021 – SK Nexilis, a copper foil producer for electric vehicle (EV) battery manufacturer SKC, has announced its first overseas production base to be in KKIP Industrial Complex, Kota Kinabalu, Sabah, Malaysia. With proposed investments of approximately South Korean Won (KRW) 650 billion (RM2.3 billion), the Company looks to construct a copper...Read More

Kuala Lumpur, 18 January 2021 – AmBank has inked a Memorandum of Understanding (MOU) with the Malaysian Investment Development Authority (MIDA) to offer Small and Medium Enterprises (SMEs) and Mid-Tier Companies (MTCs) the opportunity to be part of MIDA’s Smart Automation Grant (SAG). This partnership between AmBank and MIDA aims to help companies refine their...Read More

MEDINI, JOHOR: Japanese Conglomerate, the SANKYU Group is set to build its first Human Resources Training Centre outside of Japan in the Medini Central Business District, Iskandar Puteri, Johor. With over 30,000 employees globally and 41 overseas subsidiaries of the Sankyu Group, Medini will be among the global centres for diverse personnel worldwide, being trained...Read More