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Malaysia to Procure New Assets for Armed Forces and Border Control Authority

Malaysia to Procure New Assets for Armed Forces and Border Control Authority

Nov 22, 2023

The Malaysian Defence Ministry (MINDEF) is set to receive MYR 19.7 billion (USD 4.2 billion) in the Budget 2024 allocation, while the Malaysian Home Ministry will be allocated MYR 19 billion (USD 4 billion). The focus of the budget will be on acquiring new assets to...
VCI Global, Agroz to Build Large-Scale AI Smart Greenhouses in Malaysia

VCI Global, Agroz to Build Large-Scale AI Smart Greenhouses in Malaysia

Nov 22, 2023

VCI Global Limited, a Nasdaq-listed tech and business consulting group has announced a strategic partnership with Agroz Group Sdn Bhd, a leading Malaysian indoor vertical farm operator. The collaboration aims to spearhead the development of large-scale,...
MDEC Surpasses National Target, Reaches USD 23 Billion in Digital Technology Investment

MDEC Surpasses National Target, Reaches USD 23 Billion in Digital Technology Investment

Nov 22, 2023

The Malaysian Digital Economy Corporation (MDEC), a key government agency driving digital transformation, has announced that it has exceeded expectations by facilitating MYR 110 billion (USD 23 billion) in digital technology investments. This achievement nearly...
UAE’s Masdar Commits USD 8 Billion Investment in Malaysia’s Renewable Energy Development

UAE’s Masdar Commits USD 8 Billion Investment in Malaysia’s Renewable Energy Development

Nov 22, 2023

Malaysia is set to expedite its shift towards renewable energy with an investment of USD 8 billion from Masdar, one of the world’s leading renewable energy companies based in Abu Dhabi. This strategic partnership is geared towards the development of up to 10...
MITI Launches i-ESG Framework for Sustainable Manufacturing in Malaysia

MITI Launches i-ESG Framework for Sustainable Manufacturing in Malaysia

Nov 22, 2023

The Malaysian Ministry of Investment, Trade, and Industry (MITI) has introduced the National Industry Environmental, Social, and Governance Framework (i-ESG Framework) Phase 1.0: Just Transition for the manufacturing sector. The i-ESG framework is designed to prepare...
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