UEM Group Channels RM5.5 Bln On Bumiputera Procurement From 2023-2025

KUALA LUMPUR, May 13 (Bernama) -- UEM Group Bhd and its subsidiaries spent a total of RM5.5 billion on procurement from Bumiputera vendors and suppliers between 2023 and 2025, said managing director Datuk Amran Hafiz Affifudin.

Malaysia Eyes Leadership In Advanced Packaging As AI Reshapes Global Chip Industry

KUALA LUMPUR, May 8 (Bernama) -- Malaysia is positioning itself to move beyond its long-standing leadership in assembly, testing and packaging towards leadership in advanced packaging as artificial intelligence (AI) reshapes the global semiconductor industry.

MIDA Pushes Deeper Local Participation In Semiconductor Value Chains

KUALA LUMPUR, May 7 (Bernama) -- Malaysia must continue attracting strategic, high-quality investments while ensuring that local companies capture greater share of the value created by global investors operating in the country, said Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

Petronas Recognises Sabah’s Growing Role In Malaysia’s OGSE Sector

KOTA KINABALU, March 18 (Bernama) -- Petroliam Nasional Bhd (Petronas) recognises Sabah’s growing role in Malaysia’s oil and gas services and equipment (OGSE) sector, as part of broader collaborative efforts to strengthen the state’s contribution to national energy security and economic development.

MITI Shifts To New Framework To Ensure Local Products Usage Benefit Domestic Economy

KUALA LUMPUR, Feb 4 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) will focus on outcome-based measurement and monitoring under the New Incentive Framework (NIF) to ensure that investment projects using local content translate into real impact on the domestic economy.

Sarawak Energy Expands Support For Vendors Through PUNB, UOB Financial Tie-ups

KUCHING, Nov 20 (Bernama) -- Sarawak Energy Bhd (SEB) has expanded its support for local vendors through new financial collaborations with Perbadanan Usahawan Nasional Berhad (PUNB) and United Overseas Bank (UOB) Malaysia, aiming to enhance vendor capability and strengthen the resilience of its supply chain.

Perdana Petroleum Seeks Capital Investment Incentives In Budget 2026

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 6 (Bernama) -- Offshore support vessel (OSV) operator Perdana Petroleum Bhd has urged the government to introduce targeted fiscal incentives in Budget 2026 to sustain Malaysia’s marine support services sector amid rising operational costs and the industry’s transition towards decarbonisation.

Petronas Recognises Importance Of Strong OGSE Industry, Commits To Strengthening Ecosystem

KUALA LUMPUR, Sept 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) recognises the importance of a strong oil and gas services and equipment (OGSE) industry and is committed to strengthening the ecosystem through increased partnerships.

Infineon Investment Lifts Malaysia As Chip Hub, Creates 1,500 Jobs - Tengku Zafrul

KUALA LUMPUR, July 27 (Bernama) -- Infineon Technologies’ mega investment has not only positioned Malaysia as a global semiconductor manufacturing hub but will also generate 1,500 high-income jobs for Malaysians, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Simmtech's Sustio Opens Second Operation Facility In Penang, Completes Phase 2 Expansion Worth RM326 Mln 

KUALA LUMPUR, April 30 (Bernama) -- Premier manufacturer and supplier of printed circuit boards (PCBs), Sustio Sdn Bhd, a Simmtech Group company, has completed its RM326 million phase 2 expansion with the inauguration of its second operations facility in Batu Kawan, Penang.

Practise Of Setting Up, Maintaining Unprofitable Companies Must End -- PM Anwar

KUALA LUMPUR, March 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the culture of establishing companies and maintaining unprofitable companies must stop immediately.

MIDA-Infineon Local Vendor Development Programme To Benefit 139 Malaysian Companies

KUALA LUMPUR, Jan 15 (Bernama) -- A local vendor development programme jointly curated by the Malaysian Investment Development Authority (MIDA) and Infineon Technologies (Kulim) Sdn Bhd will benefit 139 local companies.