Search Keyword Incentives for Investment

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  1. Frequently Asked Questions
    incentives for investment show allhide all what are the main incentives for the manufacturing and services sectors? there are 2 major tax incentives for the manufacturing and services sectors: pioneer status (ps) - income tax exemption of 70% - 100% of statutory income for 5 to 10 years. unabsorbed capital allowances and accumulated losses incurred during t...
    https://www.mida.gov.my/home/frequently-asked-questions/posts/
  2. Frequently Asked Questions (FAQs)
    incentives for investment show allhide all what are the main incentives for the manufacturing and services sectors? there are two major tax  incentives for the manufacturing and services sectors: pioneer status (ps) - income tax exemption of 70% - 100% of statutory income for 5 to 10 years. unabsorbed capital allowances and accumulated losses incurred dur...
    https://www.mida.gov.my/home/frequently-asked-questions-(faqs)/posts/
  3. Functions of MIDA
    1. to promote foreign and local investments in the manufacturing and services sectors2. to undertake planning for industrial development in malaysia3. to recommend policies and strategies on industrial promotion and development to the minister of international trade and industry4. to evaluate applications for manufacturing licences and expatriate posts; tax incentives for manuf...
    https://www.mida.gov.my/home/functions-of-mida/posts/
  4. Client Charter
    responding to all investment enquiries in a prompt and courteous manner disseminating accurate and up to-date information on investments assisting investors in the implementation of their projects we are committed to answer relevant enquiries, and to complete the evaluation of applications from the date of complete information received, within the stipulated time-frame as follows: ...
    https://www.mida.gov.my/home/client-charter/posts/
  5. About MIDA
    vision the best partner to investors distinguished by the integrity and professionalism of its people incorporated as a statutory body under the malaysian industrial development authority (mida) act, the establishment of mida in 1967 was hailed by the world bank as "the necessary impetus for purposeful, positive and coordinated promotional action" for malaysia's industrial ...
    https://www.mida.gov.my/home/about-mida/posts/
  6. Why Malaysia
    a dynamic business environment malaysia offers investors a dynamic and vibrant business environment with the ideal prerequisites for growth and profits. malaysia's key strengths include well-developed infrastructure and productive workforce. a politically stable country with a well-developed legal system, malaysia also provides attractive incentives for investors. supported by a market-oriente...
    https://www.mida.gov.my/home/why-malaysia/posts/
  7. Supportive Government Policies
    a major factor that has attracted investors to malaysia is the government's commitment to maintain a business environment that provides companies with the opportunities for growth and profits. this commitment is seen in the government's constant efforts to obtain feedback from the business community through channels of consultation such as regular government-private sector dialogues. these...
    https://www.mida.gov.my/home/supportive-government-policies/posts/
  8. Testimonials
    a 6  testimonials show allhide all academic medical centre sdn bhd academic medical centre sdn. bhd. in an initiative with the public-private partnership unit of the prime minister's department has established perdana university envisioned to be an education-research-healthcare hub for the region. perdana university is a world-c...
    https://www.mida.gov.my/home/testimonials/posts/
  9. Avialite Sdn Bhd
    avialite sdn. bhd. was incorporated in nov 2004, when its first model prototype of low intensity led aviation light li-3280 took shape in a small research bench setting in kuala lumpur. the initial idea of manufacturing aviation obstruction lights in malaysia was sparked when marketing of imported aviation lights in malaysia become very difficult due to the increase in euro currency during the ear...
    https://www.mida.gov.my/home/avialite-sdn-bhd/posts/
  10. Basic Metal Products
    there are currently 832 projects implemented in the industry, with investments of rm62.4 billion and employing 75,127 workers. the malaysian iron and steel sub-sector in particular has the potential to generate up to 6.5 per cent of gdp growth, and provide up to 225,000 job opportunities in 2020. malaysian companies in the basic metal products industry are active in upstream, midstream, and do...
    https://www.mida.gov.my/home/basic-metal-products/posts/
  11. Pharmaceuticals
    malaysian manufacturers have demonstrated their capabilities and capacities to produce pharmaceutical products in almost all dosage forms, including sterile preparations, injectables, and time-release medications, as well as developed and launched off-patent generic drugs and herbal products under their own brands. malaysia is a member of the pharmaceutical inspection convention and pharmaceu...
    https://www.mida.gov.my/home/pharmaceuticals/posts/
  12. Resources
    a e-newsletter subscribe now topics highlighted in this e-newsletter are insights and updates on investments related to both the manufacturing and services sectors, industry focus, economic news as well as the various events organised by mida. check out mida e-newsletter.  also visit our archived e-newsletter. b forms and guidelines dow...
    https://www.mida.gov.my/home/resources/posts/
  13. Forms & Guidelines
    a manufacturing sector downloadsforms and guidelines b services sector downloadsforms and guidelines c tax incentives for green industry downloadsforms and guidelines d post licensing and post incentive applications downloads forms and guidelines e domestic investment strategic fund (...
    https://www.mida.gov.my/home/forms-&-guidelines/posts/
  14. Publications
    a guidebook malaysia: investment in the manufacturing sector download malaysia: investment in the services sector download ...
    https://www.mida.gov.my/home/publications/posts/
  15. Manufacturing Sector
    policies local company incorporated manufacturing license application no restriction on foreign equity ownership liberal expatriates employment policy free movement of funds for foreign investments in malaysia protection of intellectual property rights company tax rate 25% individual tax rate from 0% - 26%minimum conditions of employment under the employment act 1955 responsible ...
    https://www.mida.gov.my/home/manufacturing-sector/posts/
  16. Forms & Guidelines for Manufacturing Sector
    aapplication for manufacturing license and/or pioneer status / investment tax allowance and/or expatriate posts definition of desirous for the granting of tax incentives under the promotion of investment act, 1986 for malaysian owned companies(download) guideline on application for manufacturing licence(download) guideline on incentive app...
    https://www.mida.gov.my/home/forms-&-guidelines-for-manufacturing-sector/posts/
  17. Forms & Guidelines for Services Sector
    application for status and/or incentives and/or expatriate posts for selected services sub-sectors definition of desirous for the granting of tax incentives under the promotion of investment act, 1986 for malaysian owned companies (download) guidelines and procedures for application for status and/or incentives and/or expatriate posts for select...
    https://www.mida.gov.my/home/forms-&-guidelines-for-services-sector/posts/
  18. Forms & Guidelines for Mines Wellness City
    all companies that wish to apply for services incentives are required to submit the additional following appendix together with the application form: utility requirements project impact mines wellness city (mwc) offers several tax incentives for its developer, managers and operators, as follows: mwc developers (guidel...
    https://www.mida.gov.my/home/forms-&-guidelines-for-mines-wellness-city/posts/
  19. Services Sector
    the government has drawn up the framework for the new economic model to propel malaysia from a middle-income to a high-income economy based on innovation, creativity and high value sources of growth. under this model, efforts will be intensified to target and attract industries in which malaysia has strong foundations for new growth areas such as: education and training services healthcar...
    https://www.mida.gov.my/home/services-sector/posts/
  20. Taxation
    1 taxation in malaysia show allhide all income of any person including a company, accruing in or derived from malaysia or received in malaysia from outside malaysia is subject to income tax. however, with effect from year of assessment (ya) 2004, income received in malaysia from sources outside malaysia by any person other than a resident company carrying on business...
    https://www.mida.gov.my/home/taxation/posts/
  21. Aerospace
    malaysia is currently home to more than 200 aerospace companies comprising both international and local industry players. these include 66 companies involved in mro activities, 33 companies in aero-manufacturing, 25 companies in education and training, and 11 companies in systems integration, as well as engineering and design.in demonstrating their capabilities to meet global oems’ stringen...
    https://www.mida.gov.my/home/aerospace/posts/
  22. Research and Development
    the malaysian government has put in place various incentives and grants towards encouraging companies in wide spectrum of industries to embark on r&d activities. such industries include electrical and electronics, machinery and equipment, chemical, medical and aerospace. mida, as the principal investment promotion agency of the country, has approved a total of 7 r&d projects with investments ...
    https://www.mida.gov.my/home/research-and-development/posts/
  23. Hospitality
    malaysia's tourism sector has been identified as one of the major contributors to the nation’s economic success. over the years, the sector has achieved many significant milestones, at both local and international fronts. in addition to being ranked among the top 10 tourist destinations in the world, malaysia has also been recognised as the world’s 5th best shopping destination by expedia...
    https://www.mida.gov.my/home/hospitality/posts/
  24. Green Technology
    renewable energymalaysia is emphasizing greater importance for renewable energy (re) generation through specifically formulated policies and initiatives to spur the growth of the sector as a major step towards green economy. other than the feed-in-tariff (fit) mechanism, the net energy metering (nem) and large scale solar (lss) photovoltaic plant schemes were introduced in 2016 to boost re ge...
    https://www.mida.gov.my/home/clean-technology-&-environment-management/posts/
  25. Immigration Procedures
    1 entry requirements show allhide all passport or travel documents all persons entering malaysia must possess valid national passports or other internationally recognised travel document valid for travelling to malaysia. these documents must be valid for at least six months from the date of entry into malaysia. those with passport...
    https://www.mida.gov.my/home/immigration-procedures/posts/
  26. Workforce for Industry
    1 malaysia's workforce malaysia offers the investor a diligent, disciplined, educated and trainable labour force. malaysian youths who enter the labour market would have undergone at least 11 years of school education i.e. up to secondary school level, and are therefore easy to be trained in new skills. to cater to the manufacturing sector's expanding demand for t...
    https://www.mida.gov.my/home/workforce-for-industry/posts/
  27. Banking, Finance & Exchange Administration
    1 financial system show allhide all the malaysian financial system comprises of a diversified range of institutions to serve the increasingly more varied and complex needs of the domestic economy. the financial system consists of the conventional financial system and the islamic financial system which co-exists and operates in parallel.  ...
    https://www.mida.gov.my/home/banking,-finance-&-exchange-administration/posts/
  28. Environmental Management
    1 policy show allhide all to promote environmentally sound and sustainable development, the malaysian government has established the legal and institutional framework for environmental protection. investors are encouraged to consider the environmental factors during the early stages of their project planning. aspects of pollution control include possible modifica...
    https://www.mida.gov.my/home/environmental-management/posts/
  29. Infrastructure Support
    1 map covering major infrastructure 2 industrial land show allhide all industrial estates malaysia has over 200 industrial estates or parks developed by government agencies, namely, the state economic development corporations (sedcs), regional development authorities (rdas), port authorities and municipalitie...
    https://www.mida.gov.my/home/infrastructure-support/posts/
  30. Incentives in Manufacturing Sector
    incentives for investment in selected industries machinery and equipment machine tools, material handling equipment, robotic and factory automation equipment and modules and components for machine tools, material handling equipment and robotic and factory automation equipment. specialised machinery and equipment specialised process...
    https://www.mida.gov.my/home/incentives-in-manufacturing-sector/posts/
  31. Incentives in Services Sector
    incentives for investments show allhide all incentives in services sector in malaysia, tax incentives, both direct and indirect, are provided for in the promotion of investments act 1986, income tax act 1967, customs act 1967, sales tax act 1972, excise act 1976 and free zones act 1990. these acts cover investments in the manufacturing, agriculture, tourism (in...
    https://www.mida.gov.my/home/incentives-in-services-sector/posts/
  32. Hitachi
    since its initial investment in 1971, hitachi has so far invested about rm730 million in malaysia. the hitachi group in malaysia currently operates 22 manufacturing facilities and hires 18,000 local employees. this places malaysia as one of hitachi's most important manufacturing bases.factors which drew us to malaysia include the well-developed infrastructure in the country's industrial parks, esp...
    https://www.mida.gov.my/home/hitachi/posts/
  33. Lucas
    back in 1981, i was part of a team evaluating the setting up of an offshore manufacturing facility to support our then uk parent company with a low-cost manufacturing base for automotive electrical and electronic products. lucas, at that time, chose malaysia due to its stable political and financial reputation, coupled with the government's liberal foreign equity policies and tax incentive...
    https://www.mida.gov.my/home/lucas/posts/
  34. Panasonic Industrial
    panasonic industrial company (m) sdn bhd started its operations in malaysia in 1996 providing marketing, sales and services of electronic components and factory automation services to malaysian electronic manufacturers. our products are for the export and domestic markets. as a company representing the panasonic group, all our products are obtained from other panasonic subsidiaries and f...
    https://www.mida.gov.my/home/panasonic-industrial/posts/
  35. Philips
    royal philips electronics of the netherlands is one of the world's biggest electronics companies, as well as the largest in europe, with 159,709 employees in over 60 countries and sales amounting to euro 30.4 billion in 2005. philips has had a presence in malaysia since the late 1930's. the business activities of the philips group of companies in malaysia at that time included manufactur...
    https://www.mida.gov.my/home/philips/posts/
  36. Samsung
    samsung has invested close to us$1.2 billion in malaysia, making this the largest offshore investment for us and a true testimony of this country's supportive environment for our business.as an investor, we have enjoyed tax incentives, an efficient and developed infrastructure, and a quality labour force - factors which have contributed to the viability of our business in malaysia. samsung is enco...
    https://www.mida.gov.my/home/samsung/posts/
  37. Top Glove Group
    top glove was established in 1991 in malaysia and has grown leaps and bounds to become the world’s largest rubber glove manufacturer. today, top glove with its annual production capacity of 40 billion pieces of gloves, exports to 1,000 customers in over 185 countries. malaysia remains to be the location of our manufacturing hub, a true testimony of this country's supportive environment for our ...
    https://www.mida.gov.my/home/top-glove-group/posts/
  38. Toray
    toray industries inc., of japan, a chemical conglomerate with diversified businesses worldwide, is malaysia’s pioneer industrial partner since the 1970s. collectively known as toray group (malaysia), it represents one of toray’s major investments outside japan. under the supervision of toray industries (malaysia), toray operates seven manufacturing plants in penang's strategic industr...
    https://www.mida.gov.my/home/toray/posts/
  39. Download Centre
    adobe reader download to properly read pdf documents. feed reader download to properly read the mida's rss news feeds. flash player download to properly view flash files. download presentations slides, speeches and press releases from the following events: date event june 2019 ...
    https://www.mida.gov.my/home/download-centre/posts/
  40. Methods of Conducting Business in Malaysia
    1 methods of conducting business in malaysia in malaysia, a business may be conducted:- by an individual operating as a sole proprietor by two (2) or more (but not more than 20) persons in a partnershipby a limited liability partnership (llp) by a locally incorporated company or by a foreign company (i.e. branch office) registered under the provisions of the ...
    https://www.mida.gov.my/home/methods-of-conducting-business-in-malaysia/posts/
  41. Regional Operations
    the government offers various incentives and assistance to investors to set up the following business support service operations in malaysia:- principal hub regional/representative offices branch offices ...
    https://www.mida.gov.my/home/regional-operations/posts/
  42. Research & Development in Services Sector
    malaysia offers a wide range of incentives and financial assistance to attract investments in r&d activities. r&d includes r&d company, r&d contract company and in-house r&d and r&d status company. the promotion of investment act, 1986 defines research and development (r&d) as "any systematic or intensive study carried out in the field of science or technology with the objective of using th...
    https://www.mida.gov.my/home/research-&-development-in-services-sector/posts/
  43. Aurum Healthcare
    aurum healthcare serves the hospitals, clinical laboratories and distributors in the medical device industry. the company is constantly engaging the industry and healthcare professionals to improve its medical devices, ensuring that the customers continue to have access to safe, cost-effective and high quality medical devices. aurum healthcare stands for gold  standard in healthcare...
    https://www.mida.gov.my/home/aurum-healthcare/posts/
  44. Kaneka Corporation
    at present, kaneka corporation has a total of 23 overseas subsidiaries, some of which are situated in belgium, the united states, singapore, malaysia, china, taiwan, australia, india and vietnam, with total employees of over 8,600 staff worldwide. kaneka’s operations in malaysia began with the establishment of kaneka (malaysia) sdn. bhd. in august 1995 in gebeng industrial estate, kuant...
    https://www.mida.gov.my/home/kaneka-corporation/posts/
  45. Taylor's Schools
    with a heritage of more than six decades, taylor's schools provide world-class education for more than 5,600 students from 60 nations. taylor's schools are renowned for their teaching excellence and commitment to educate the youth of the world to take their productive place as leaders in the global community. the mida investment tax allowance (ita) incentive has been invaluable in provi...
    https://www.mida.gov.my/home/taylor/posts/
  46. Petrofac Malaysia
    after more than fifteen years of operation, petrofac decided to widen its horizon to malaysia. petrofac malaysia actively operates and partakes in oil and gas production since 2006 with mandate given by the government and petronas. its main role is to assist in establishing the oil and gas resources in the country with tax incentives and allowing skilled foreign experts to work hand in ha...
    https://www.mida.gov.my/home/petrofac-malaysia/posts/
  47. Non-Metallic Mineral Industry
    non-metallic mineral products include high purity alumina (hpa), ceramics and clay-based products, cement and concrete products, glass products, industrial building system (ibs) components, and other non-metallic mineral products such as quicklime, barite, marble and granite.industry players in the ceramics and clay-based products sub-sector produce both traditional and advanced ceramics. tra...
    https://www.mida.gov.my/home/non-metallic-mineral-industry/posts/
  48. Tourism and Travel Related Services
    tourism and travel related services is divided into four (4) sub-sectors namely:  hotels and restaurants (including catering);  travel agencies and tour operators services;  tourist guides services; and  other tourism services.tourism activities are part of more general services activities -- most notably many transport services, certain business serv...
    https://www.mida.gov.my/home/tourism-and-travel-related-services/posts/
  49. Tax Incentives for Green Industry
    1. green technology incentive includes more qualifying activities to strengthen the development of green technology, the government will continue to provide incentives in the form of investment tax allowance for the purchase of green technology assets and income tax exemption for the use of green technology services and system. the incentives which were announced in budget 2014...
    https://www.mida.gov.my/home/tax-incentives-for-green-industry/posts/
  50. Cititel
    cititel express kota kinabalu is owned by lagenda sutera (m) sdn bhd, a 100% owned subsidiary company of igb corporation berhad (“igb”), a three star hotel developed under the brand name of cititel express. it is igb’s first hotel development in sabah, east malaysia and the total construction cost of the hotel was around rm35 million. the construction of the hotel took two years to c...
    https://www.mida.gov.my/home/cititel-/posts/
  51. Download Centre 2015
    adobe reader download to properly read pdf documents. feed reader download to properly read the mida's rss news feeds. flash player download to properly view flash files. download presentations slides, speeches and press releases from the following events: date event december 2015 ...
    https://www.mida.gov.my/home/download-centre-2015/posts/
  52. Download Centre 2013
    adobe reader download to properly read pdf documents. feed reader download to properly read the mida's rss news feeds. flash player download to properly view flash files. download presentations slides, speeches and press releases from the following events: date event october 2013 ...
    https://www.mida.gov.my/home/download-centre-2013/posts/
  53. Client Charter 2015
    responding to all investment enquiries in a prompt and courteous manner disseminating accurate and up to-date information on investments assisting investors in the implementation of their projects we are committed to answer relevant enquiries, and to complete the evaluation of applications from the date of complete information received, within the stipulated time-frame as follows: ...
    https://www.mida.gov.my/home/client-charter-2015/posts/
  54. Download Centre 2016
    adobe reader download to properly read pdf documents. feed reader download to properly read the mida's rss news feeds. flash player download to properly view flash files. download presentations slides, speeches and press releases from the following events: date event september 2016 ...
    https://www.mida.gov.my/home/download-centre-2016/posts/
  55. Archived e-Newsletters 2016
    mida newsletter - nov/dec 2016 issue disf set to re-energise the domestic industry players domestic investment has always been recognised for its pivotal role in sustaining the nation's investment climate and as a catalyst for the presence of foreign direct investment. in its continuous effort to strengthen and enhance the country's d...
    https://www.mida.gov.my/home/archived-e-newsletters-2016/posts/
  56. Client Charter 2016
    responding to all investment enquiries in a prompt and courteous manner disseminating accurate and up to-date information on investments assisting investors in the implementation of their projects we are committed to answer relevant enquiries, and to complete the evaluation of applications from the date of complete information received, within the stipulated time-frame as follows: enqui...
    https://www.mida.gov.my/home/client-charter-2016/posts/
  57. MIDA e-Services
    e-tariff 1. e-exemption online  pc1 only for agriculture sector pc2, pc2-1 ; and pcservices approval letters, approval conditions and appendices digitally signed. 2. e-declaration spm 1 (manufacturers in the principal customs area) spm 2 (companies engaged in a hotel business) spm 3 (haulage operators) "surat pengesahan mida" (spm) digitally signed. manua...
    https://www.mida.gov.my/home/mida-e-services/posts/
  58. Investment Incentives
    investment incentives portal (i-incentives) i-incentives is a portal that provides information on investment incentives offered by the federal government of malaysia. the incentives information stored in the portal cater for all three sectors of the economy; manufacturing, services and primary. they also cover all types of incentives offered by the federal government; tax exemptions, g...
    https://www.mida.gov.my/home/investment-incentives/posts/
  59. Archived e-Newsletters 2017
    mida newsletter - dec 2017 issue tax efficient way to invest in research & development (r&d) r&d is important to malaysia's well-being and future sustainability. it creates value and enables the nation to exploit new industries and economic opportunities. the national science technology policy 2013-2020 aims for malaysian to achieve r&d ...
    https://www.mida.gov.my/home/archived-e-newsletters-2017/posts/
  60. Bosch Malaysia
       bosch has been presence in malaysia since 1923, with offices located in selangor, penang and johor. in malaysia, bosch has diversified businesses in mobility solutions, industrial technology, consumer goods, and energy and building technology. the company has three manufacturing plants in penang providing car multimedia, power tools and automotive steering systems. employing mor...
    https://www.mida.gov.my/home/bosch-malaysia/posts/
  61. Gading Kencana Sdn. Bhd.
    all of gading kencana's passion and excellence have come together now, on a grand scale, at the kompleks hijau solar, a 17.17 acre solar farm in the state of malacca in malaysia. every ounce of the company's inventiveness and persistence through adversity was required to bring to fruition the world's most resource efficient solar farm and it is, unsurprisingly, its most outstanding achieveme...
    https://www.mida.gov.my/home/gading-kencana-sdn.-bhd./posts/
  62. Muehlbauer Technologies Sdn. Bhd.
       muehlbauer technologies sdn bhd was founded in year 2006 with core activities of developing, marketing, manufacturing and production support of high technology automation systems for the semiconductor backend and carrier tape industries. we have further venture and developed our technology accord to iot / industry 4.0 elements applications.whereas mühlbauer group was founded in ...
    https://www.mida.gov.my/home/muehlbauer-technologies-sdn.-bhd.-/posts/
  63. MIDA Launching/Montage Video
    duration 0:30 mins mida 30 seconds vignette launching/montage video duration 1:53 mins mida launched its new guidebook on services sector launching/montage video ...
    https://www.mida.gov.my/home/mida-launching-video/posts/
  64. Client Charter 2017
    responding to all investment enquiries in a prompt and courteous manner disseminating accurate and up to-date information on investments assisting investors in the implementation of their projects we are committed to answer relevant enquiries, and to complete the evaluation of applications from the date of complete information received, within the stipulated time-frame as follows: ...
    https://www.mida.gov.my/home/client-charter-2017/posts/
  65. Archived e-Newsletters 2018
    mida newsletter - december 2018 issue malaysia records rm139.3 billion of approved investments for january-september 2018 malaysia attracted a total of rm139.3 billion worth of investments in the manufacturing, services and primary sectors for the first nine months of 2018. this was an 18% increase from the rm118.1 billion approved in the s...
    https://www.mida.gov.my/home/archived-e-newsletters-2018/posts/
  66. Client Charter 2018
    responding to all investment enquiries in a prompt and courteous manner disseminating accurate and up to-date information on investments assisting investors in the implementation of their projects we are committed to answer relevant enquiries, and to complete the evaluation of applications from the date of complete information received, within the stipulated time-frame as follows: ...
    https://www.mida.gov.my/home/client-charter-2018/posts/
  67. MIDA Insights - Events
    august 2019 issue mida invest series: unfolding selangor’s business potential mida organised its ninth briefing of mida invest series: unfolding states’ business potential at its headquarters on 7 august 2019. read more august 2019 issue innovation pitch and busin...
    https://www.mida.gov.my/home/mida-insights-events/posts/
  68. MIDA Receives Top Investment Promotion Agency 2019 Award - Asia Pacific Category
    mida has once again won the top investment promotion agency 2019 award in the asia- pacific national category by the site selection, together with the edb singapore. the agency won the same award in 2015 and 2016. site selection is an internationally circulated business publication covering corporate real estate and economic development, published six times a year by conway data inc...
    https://www.mida.gov.my/home/mida-receives-top-investment-promotion-agency-2019-award---asia-pacific-category/posts/
  69. Smart Homes for Smart Living
    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) ...
    https://www.mida.gov.my/home/smart-homes-for-smart-living/posts/
  70. Progress Updates on FHTP, OECD
    mida's e-newsletter in has introduced readers to the forum of harmful tax practices (fhtp) and its requirements in fulfilling action 5: countering harmful tax practices more effectively, taking into account transparency and substance. this edition aims to update readers on the current progress and incentive recipients' tax responsibilities. current progress incentives namely the pio...
    https://www.mida.gov.my/home/progress-updates-on-fhtp,-oecd/posts/
  71. Circular Economy: The Way Forward for Palm-Based Industries
    malaysia is the second largest producers and exporters of palm oil in the world, supported by 4.49 million hectares of oil palm cultivation which produces 17.73 million tonnes of palm oil. this accounts for 11% of the world’s oils and fats production and 27% of export trade of oils and fats.  hence, malaysia assumes an important role to sustainably fulfil the global needs f...
    https://www.mida.gov.my/home/circular-economy:-the-way-forward-for-palm-based-industries/posts/
  72. Domestic Investment Seminar in Sarawak : Industry Players to Take Full Advantage of Government's Facilities and Incentives
    mida organised the sarawak domestic investment seminar 2019 on 26 june 2019 in collaboration with the ministry for industrial and entrepreneur development sarawak (mied) as a platform to update the industry players especially in east malaysia region on the latest policies and facilities by the government. yb datuk amar haji awang tengah ali hassan, deputy chief minister of sarawak who gra...
    https://www.mida.gov.my/home/domestic-investment-seminar-in-sarawak-:-industry-players-to-take-full-advantage-of-government/posts/
  73. Plastic Recycling : Malaysia's Perspective
    plastics are lightweight and durable materials, which can readily be moulded into a variety of products that can be used in a wide range of applications. in the modern economy, plastics have become ubiquitous material that plays a critical role in the growth of major industries such as automotive, medical devices, construction, electronics and packaging. unfortunately, the majority of t...
    https://www.mida.gov.my/home/plastic-recycling-:-malaysia/posts/
  74. Sustainable Waste Management in Malaysia : Opportunities and Challenges
    w ith fast-growing cities and ballooning population, developing countries like malaysia are facing numerous challenges in sustainably managing wastes. the waste generated in malaysia in 2005 was 19,000 tons per day at a recycling rate of 5%. the quantity rose to 38,000 tons per day thirteen years later in 2018, despite the increased recycling rate of 17.5%. this is alarming as the rat...
    https://www.mida.gov.my/home/sustainable-waste-management-in-malaysia-:-opportunities-and-challenges/posts/
  75. The Semiconductor Industry: Moving Up the Value Chain
    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 be...
    https://www.mida.gov.my/home/the-semiconductor-industry:--moving-up-the-value-chain/posts/
  76. Fueling Oil and Gas Industry Growth Through Digitalisation
    active use of technology to capture new frontiers and drive productivity is not new to the oil and gas industry. the upstream sub-sector for example, has been at the forefront of several significant technological advances in the past, from supercomputing techniques for reservoir modeling to seismic and 3d imaging for drilling and project developments; while refineries have been pur...
    https://www.mida.gov.my/home/fueling-oil-and-gas-industry-growth-through-digitalisation/posts/
  77. Innovation Pitch and Business Matching 2019 - Companies to Intensify Innovation through Strategic Collaborations in R&D Activities to Remain Competitive and Sustainable
    themed ‘innovation for the future of malaysia’, mida in collaboration with the universiti malaysia perlis (unimap) and the malaysian technology development corporation (mtdc) organised the innovation pitch and business matching (ipbm) 2019 event at mida sentral on 5 august 2019. the event was a platform for technologists, scientists and researchers from universities to promote their in...
    https://www.mida.gov.my/home/innovation-pitch-and-business-matching-2019---companies-to-intensify-innovation-through-strategic-collaborations-in-r&d-activities-to-remain-competitive-and-sustainable/posts/
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Last Updated : Friday 20th September 2019