19h ago
KUALA LUMPUR, Oct 11 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) is committed to ensuring that the Malaysian Investment Development Authority (MIDA) ecosystem is fully prepared to implement the new Performance-Based Incentive Framework for the manufacturing sector in the early first quarter (1Q) of 2026, followed by the services sector in early 2Q of the same year.
1d ago
By Sharifah Hunaini Syed Ismail, Niam Seet Wei and Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has galvanised RM470 billion resources in Budget 2026, prioritising economic resilience and expanded support for small businesses to future-proof the economy amid persistent global uncertainties and regional headwinds and also goes hard on enforcement to prevent economic leakages.
3d ago
KUALA LUMPUR, Oct 8 (Bernama) -- Global logistics company United Parcel Service (UPS) has opened a new 20,000-square-foot package centre in Penang Science Park North and expanded its existing hub at Penang International Airport to enhance processing capacity and delivery efficiency.
9d ago
KUALA LUMPUR, Oct 2 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Machinery and Engineering Industries Federation (MEIF) have signed a memorandum of understanding (MoU) to strengthen the machinery and engineering ecosystem.
10d ago
KUALA LUMPUR, Oct 1 (Bernama) -- Dunham-Bush Industries Sdn Bhd, one of Malaysia’s most established heating, ventilation, and air conditioning (HVAC) manufacturers, hosted a seminar on data centre (DC) today, in partnership with the Malaysian Investment Development Authority (MIDA).
29d ago
KUALA LUMPUR, Sept 12 (Bernama) -- X-Fab, the global leader in analogue/mixed-signal and speciality semiconductor manufacturing, today unveiled a RM3-billion expansion of its semiconductor manufacturing facility in Sarawak.
1m ago
KUALA LUMPUR, Sept 8 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has reinforced its pivotal role in advancing Malaysia’s bid to be ASEAN’s hub for innovation, sustainability and advanced industries by linking businesses with investors via its Investment Pitching Day 2025.
1m ago
KUALA LUMPUR, Sept 3 (Bernama) -- Malaysia is focusing on attracting high-impact investments in the technology sector including artificial intelligence (AI) and renewable energy, with the total value of approved investments for the period January to June 2025 reaching RM190.3 billion.
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Sept 3 (Bernama) -- Some may argue that the approved investments reported by the Malaysian Investment Development Authority (MIDA) and the foreign direct investment (FDI) figures from the Department of Statistics Malaysia (DOSM) for the first half of 2025 (1H 2025) appear contradictory.
1m ago
KUALA LUMPUR, Sept 3 (Bernama) -- Scanfil, Europe’s largest listed electronics manufacturing company, has invested RM15.8 million to expand and modernise its SRX Global (Malaysia) Sdn Bhd facility in Johor Bahru, Malaysia, according to the Malaysian Investment Development Authority (MIDA).
1m ago
KUALA LUMPUR, Aug 29 (Bernama) -- The inaugural Economic and Market Development Conference 2025 gathered over 400 industry leaders, policymakers, and investors from Malaysia and Southeast Asia yesterday, highlighting Malaysia’s and Kulim Hi-Tech Park’s (KHTP) ambition to lead in high-value industries and innovation-driven growth.
1m ago
GEORGE TOWN, Aug 27 (Bernama) -- Penang continued to assert its position as a preferred investment destination for both new and existing investors, with a recorded RM12.5 billion in approved manufacturing investments in the first half of 2025 (1H2025), representing a 150 per cent year-on-year increase.