Malaysia continues to solidify its status as a premier investment destination in ASEAN, leveraging its strong bilateral ties and historic relationship with the United Kingdom. The recent working visit by the Prime Minister, YAB Dato’ Seri Anwar Ibrahim to London from 15 to 19 January 2025, at the invitation of the UK Prime Minister the…

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In November 2024, the Prime Minister, YAB Dato’ Seri Anwar Ibrahim, led a high-profile working visit to Egypt, Peru and Brazil, accompanied by senior ministers, government officials and a delegation of business leaders. The mission also saw the participation of key representatives from MIDA, including Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer of Investment…

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Malaysia approved RM254.7 billion of investments for the first nine months of 2024 (9M2024), marking a steady 10.7% increase from the previous year. The strong performance reflects Malaysia’s sustained economic momentum, propelled by the services, manufacturing, and primary sectors. A total of 4,753 new projects have been approved during this period, set to create 159,347…

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The rise of social media has transformed the beauty industry fostering a culture where cosmetics and personal care products are not just essentials but also key components of self-expression and identity. Platforms like Instagram, TikTok, and YouTube have propelled beauty influencers and trends into the spotlight, encouraging consumers to experiment with an array of products…

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Since its establishment in November 2005, Mildef International Technologies Sdn. Bhd. (MILDEF) has become a cornerstone of Malaysia’s defence industry. Founded by visionary Managing Director, Dato’ Sri Mohd Nizam bin Kasa, the company has grown into a trusted partner in defence technology, boasting a workforce of 140 dedicated professionals. With 66% of its team engaged…

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Nestled on the island of Borneo, Sabah, one of Malaysia’s picturesque states, is set to become a prominent logistics hub in Southeast Asia. With its strategic geographical position, rapidly advancing infrastructure, and strong government backing, Sabah is primed for growth, offering investors unparalleled opportunities to capitalise on the region’s burgeoning logistics market. Sabah’s advantageous location…

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From 6 to 8 December 2024, a dedicated team of MIDA volunteers joined Skuad Kasih MITI in a CSR initiative to aid flood-affected communities in Negeri Sembilan. Led by the Minister of Investment, Trade and Industry (MITI), YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, the mission delivered essential supplies to over 500…

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The Malaysian iron and steel industry faces the vital need to decarbonise its operations. In the global transition to a low-carbon economy, the industry must adapt, minimise its carbon footprint and ensure its sustainability for long-term growth. Globally, the iron and steel industry contributes nearly 40% of industrial emissions, putting the industry under intense pressure…

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As Malaysia positions itself at the forefront of the global green transition, the adoption of Electric Vehicle (EV) has become a cornerstone of its strategy to reduce carbon emissions and foster sustainable growth. Policies such as the National Automotive Policy (NAP) 2020, the National Energy Policy 2022-2040 (NEP) and the Low Carbon Mobility Blueprint 2021-2023…

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Financial inclusion is a critical driver of economic growth and social development in the Asia Pacific region. While we have witnessed significant progress, a significant number of individuals and businesses remain underserved or excluded from the formal financial system. This gap hinders economic growth, exacerbates poverty and limits opportunities for millions.   Neurogine Sdn. Bhd.…

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