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As the world grapples with the pressing issue of climate change, Malaysia is taking a significant step towards a sustainable future. The Malaysian Investment Development Authority (MIDA) and Alliance Bank Malaysia Berhad (Alliance Bank) have successfully hosted the inaugural Carbon Border Adjustment Mechanism (CBAM) workshop, a groundbreaking event that brings together industry leaders, and an […]
Continue ReadingEnovix Corporation (“Enovix”) (Nasdaq: ENVX), a global leader in high-performance battery technology, is proud to announce the grand opening of its first high-volume manufacturing facility (“Fab2”) in Malaysia. This state-of-the-art facility has already commenced the production of high-energy density batteries and is currently hosting visits from leading global customers. Enovix plans to invest a total […]
Continue ReadingRecognising the rapid growth of power semiconductors driven by decarbonisation, particularly those based on wide bandgap materials, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) (“Infineon”), a leader in Power Systems and IoT, is taking a significant step to shape the industry by expanding its Kulim 3 fab building on the investment announced in February […]
Continue ReadingThe Malaysian Investment Development Authority (MIDA) and the Malaysian Plastics Manufacturers Association (MPMA) co-organised the MIDA-MPMA Conference on Government Facilitation and Assistance for Circular and Low Carbon Economy at Avante Hotel, Petaling Jaya today. With almost 100 participants, the Conference was successfully organised to provide insight into various government policies, facilitations and assistance for the […]
Continue ReadingMalaysia’s economic growth hinges significantly on domestic investment. In a collaborative effort, the Malaysian Investment Development Authority (MIDA), together with the Federation of Malaysian Manufacturers (FMM) and its strategic partner, the Malaysian Industrial Development Finance Berhad (MIDF), successfully organised the National Investment Seminar: Re-Energising Domestic Investment at the Mandarin Oriental Hotel, Kuala Lumpur. The seminar […]
Continue ReadingRay Tech (Malaysia) Sdn. Bhd., a subsidiary company under the parent company Unicomp Technology China, announced the grand opening of its state-of-the-art Smart Industrial X-Ray Inspection Specialist Plant in Johor, their first entity in Malaysia. This cutting-edge facility will revolutionise the production and distribution of X-ray equipment, catering to the growing demand for advanced X […]
Continue ReadingIn light of the recent Global Opportunity Index (GOI) 2024 report by the Milken Institute, which distinguished Malaysia as the leading nation among Asia’s emerging and developing countries in terms of overall investment conditions, the Malaysian Investment Development Authority (MIDA) proudly acknowledges this landmark achievement. Malaysia’s commendable global rank of 27, surpassing regional competitors like […]
Continue ReadingA momentous groundbreaking ceremony took place in Mukim Merchang on 16th May, marking the commencement of the first and largest integrated project in Asia and Oceania for the production of cristobalite and ultra-purity industrial silica. With an investment of more than RM500 million, TRG Silica (Marang) Sdn. Bhd. a wholly-owned Malaysian company is setting a […]
Continue ReadingDHL Express, the world’s leading international express service provider, and the Malaysian Investment Development Authority (MIDA) have entered into a Memorandum of Understanding (MOU), to strengthen the country’s position as ideal destination for foreign direct investment (FDI). The partnership aims to further consolidate the contribution of the supply chain industry toward national economic growth. The […]
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