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MIDA on track to secure RM70 bil target for digital investments

The Malaysian Investment Development Authority (MIDA) is on track to achieve its RM70 billion target for digital-related investments in line with the Malaysia Digital Blueprint’s (MyDIGITAL) strategies. With robust strategies in place to ensure that digital-related investments remain competitive in the country, the Digital Investment Office (DIO), a collaborative platform between MIDA and the Malaysia Digital Economy Corporation (MDEC), has successfully facilitated a total of RM66.47 billion investments as of September 2022, which is over 99% of the target under the MyDIGITAL initiative. ....

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Messe Frankfurt adds Intelligent Manufacturing to its event portfolio in ASEAN

PETALING JAYA, Malaysia, July 14, 2022 /PRNewswire/ Partnered with the Selangor Human Resources Development Centre (SHRDC), Messe Frankfurt (HK) Ltd and Messe Worldwide Sdn Bhd announced its newest regional event in Malaysia. Intelligent Manufacturing is a one-of-a-kind conference-led event to spotlight the country's leap into Industry 4.0. The event will focus heavily on knowledge sharing to build up the competitiveness of key industries like the automotive sector in the domestic economy. To reflect this synergy, Intelligent Manufacturing will sit alongside Automechanika Kuala Lumpur as a co-located event from 16 -18 March 2023, at the Kuala Lumpur Convention Centre (KLCC). With thelaunch of Intelligent Manufacturing, Mr Stephan Buurma, Member of the Board of Management, Messe Frankfurt Group, reflects on over two decades of trade fair activity within Malaysia and the development of its manufacturing industry. "Malaysia's fast-growing infrastructure and dynamic pro-bus ....

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Exports to recover in Q4


PETALING JAYA: In spite of trade activities coming under pressure amid tighter restrictions due to the high number of Covid-19 cases, the country’s trade surplus for the year is expected to be sturdy.
Although some sectors may see cancellation of future export orders and disruption in supply chains due to the tighter restrictions from the lockdown, on the whole, economists are confident that the nation’s trade surplus would remain sizable this year.
In a bid to curb the pandemic, the government has announced the enhanced movement control order (EMCO) in parts of Selangor and Kuala Lumpur that started on June 3 and will last until the 16th of this month. ....

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