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In an unprecedented display of economic unity, the Malaysian Investment Development Authority (MIDA) hosted a landmark gathering of the nation’s most influential investment ecosystem partners at The Majestic Hotel. The exclusive event, marking Chief Executive Officer (CEO) Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid’s first major convening since his April appointment, brought together an elite […]
Continue Reading● Malaysia secured RM254.7 billion of approved investments across services (RM160.7 billion), manufacturing (RM88.8 billion), and primary sectors (RM5.2 billion) – a 10.7% rise from RM230.2 billion in the same period last year.● An estimated 159,347 new jobs will be generated from 4,753 approved projects, reflecting year-on-year growth of 75.9% in job creation and 20.7%, […]
Continue ReadingMalaysia’s premier investment promotion agency, the Malaysian Investment Development Authority (MIDA), joined forces with the economic think tank, the Malaysian Institute of Economic Research (MIER) to co-host the Budget Insights Forum: Moving Towards 2025, a half-day event that brought together business leaders, investors, and policymakers to discuss Malaysia’s economic outlook heading into its 2025 ASEAN […]
Continue ReadingAs 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 […]
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