LATEST NEWS   Unauthorised drone operations pose serious safety risks, offenders may face enforcement action under the Civil Aviation Regulations 2016 - CAAM | Airspace closure within Kuala Lumpur Terminal Control Area from Aug 26 to 29, and Aug 31 to facilitate rehearsals and National Day flypast - CAAM | All drone or unmanned aircraft system activities strictly prohibited within affected areas throughout rehearsals and National Day celebration - CAAM | 

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Malaysia Secures RM190.3 Bln Approved Investments In 1H 2025, Up 18.7 Pct Y-O-Y

KUALA LUMPUR, Aug 22 (Bernama) -- Malaysia has secured RM190.3 billion in approved investments in the first half of 2025 (1H 2025), an 18.7 per cent increase year-on-year (y-o-y), according to Malaysian Investment Development Authority (MIDA).

AMD Expands R&D Footprint With New Facility In Penang

GEORGE TOWN, Aug 14 (Bernama) -- Nasdaq-listed Advanced Micro Devices Inc's (AMD) new state-of-the-art office and engineering lab facility in Bayan Lepas underscores the company’s commitment to expanding its global business services and engineering presence in Malaysia. 

Agilent’s Penang Smart Factory Gains Global Recognition For Industry 4.0 Excellence

KUALA LUMPUR, Aug 14 (Bernama) -- Agilent Technologies Malaysia Sdn Bhd’s smart factory in Penang has been recognised as a global leader in the Fourth Industrial Revolution (4IR) by the World Economic Forum (WEF) and McKinsey & Company.

Vivax-Metrotech Launches RM48 Mln New Facility In Penang - MIDA

KUALA LUMPUR, Aug 11 (Bernama) -- Vivax-Metrotech Corporation (VXMT), a global leader in advanced utility locating and inspection technologies, has announced the establishment of a new manufacturing facility in Penang, with the investment valued at RM48 million, creating 175 high-skilled jobs.

Hunan Yuneng Picks Malaysia For Its Southeast Asian Lithium Battery Production Hub

SEREMBAN, Aug 8 (Bernama) -- Leading Chinese battery manufacturer Hunan Yuneng New Energy Battery Material Co Ltd (Hunan Yuneng) has officially announced the establishment of its first Southeast Asian manufacturing facility in Malaysia.

MIDA, MUFG Bank Partner To Accelerate Malaysia's High-Value Investment

KUALA LUMPUR, Aug 8 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and global banking subsidiary MUFG Bank (Malaysia) Bhd have entered into a strategic partnership to accelerate high-value investment in Malaysia.

Coherent Opens New Datacom R&D Centre In Penang

KUALA LUMPUR, July 29 (Bernama) -- Coherent Corp has opened its new Datacom Research and Development (R&D) Centre in Penang, underscoring the company’s strategic commitment to serving its rapidly growing global markets.

SuperSiC Breaks Ground On New Penang Semiconductor Facility

GEORGE TOWN, July 4 (Bernama) -- SuperSiC (Malaysia) Sdn Bhd, a subsidiary of Zhejiang Jingsheng Mechanical & Electrical Co Ltd (JSG), has broken ground for its new manufacturing facility in Penang Technology Park @ Bertam, marking a significant milestone in the company’s global expansion strategy.

MIDA, DHL Extend Partnership To Strengthen Malaysia's Logistics Ecosystem As Leading Foreign Investment Hub

KUALA LUMPUR, June 26 (Bernama) -- DHL and Malaysian Investment Development Authority (MIDA) had signed a memorandum of understanding (MoU) yesterday to extend their longstanding partnership.

Data Centre 2.0 Transition Key Towards A Sustainable Digital Sector - MIDA

KUALA LUMPUR, June 25 (Bernama) -- Malaysia’s shift towards Data Centre 2.0 is a crucial step in building a strong foundation for the country’s digital sector growth, said Malaysian Investment Development Authority (MIDA) chief executive officer (CEO) Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid.

Malaysia Sharpens Its Focus On Becoming Regional Aerospace And Shipbuilding Hub

By Zarul Effendi Razali

KUALA LUMPUR, June 20 (Bernama) -- Malaysia is sharpening its focus on becoming a regional aerospace and shipbuilding hub, banking on high value investment, technical capability and geostrategic positioning to elevate its industrial profile over the next decade.

Wide Agro Ventures, Japan’s Orec To Invest RM30 Mln In Perak Production Hub

KUALA LUMPUR, June 19 (Bernama) -- Wide Agro Ventures Sdn Bhd has partnered with Orec Co Ltd, a company headquartered in Fukuoka, Japan, to establish a new state-of-the-art production facility and distribution centre at Seri Iskandar Industrial Park, Perak with an initial investment of RM30 million.