Marriott Vacation Clubs Expands Asia Pacific Footprint With New Resort In Thailand

 

KUALA LUMPUR, Aug 28 (Bernama) -- The Marriott Vacation Clubs, under Marriott Vacations Worldwide Corporation, is strengthening its presence in Asia Pacific with the opening of Marriott Vacation Club, Khao Lak Beach Resort in Thailand this August.

The new resort marks part of its broader regional growth strategy, which also includes new developments at Marriott’s Enclave at Bali Nusa Dua Terrace, expanded apartment offerings at Marriott’s Bali Nusa Dua Terrace, and the enlargement of its marketing call centre in Shanghai.

Marriott Vacations Worldwide President and Chief Executive Officer, John Geller in a statement said the continued investment reflects the company’s long-term commitment to Asia Pacific as demand for vacation ownership rises among regional and international travellers.

Located within JW Marriott Khao Lak Resort & Spa, the new Khao Lak property will feature 52 Family Suites transformed into spacious two-bedroom vacation ownership apartments. Each apartment is designed for extended stays, blending Southern Thai-inspired architecture with traditional furnishings and locally influenced artwork.

Guests will have access to the JW Marriott Khao Lak Resort & Spa’s amenities, including Southeast Asia’s largest lagoon swimming pool, a kids’ pool, 11 restaurants and bars, and, by late 2026, pickleball and basketball courts, adventure golf, and cycling activities.

Sustainability features at the resort include the elimination of single-use plastics, the use of glass water bottles, bamboo key cards, and participation in the JW Garden programme, which supplies the resort with fresh organic produce and offers classes on farming and well-being.

Reservations are now open for stays beginning Aug 28, with additional apartments under construction and a new sales gallery scheduled to open in early 2026.

Meanwhile, Marriott Vacation Clubs will expand in Bali with 32 new apartments at Marriott’s Bali Nusa Dua Terrace in early 2026, comprising one- and two-bedroom units with kitchens and private plunge pools.

The company will also launch Marriott’s Enclave at Bali Nusa Dua Terrace next year, featuring two- and three-bedroom standalone apartments with private pools, a dedicated lobby, a kids’ club, a fitness studio, and an Owners’ lounge.

In addition, the company has expanded its Shanghai marketing call centre, increasing its workforce from 80 to 125 associates to support growing demand among Chinese Owners and vacationers.

-- BERNAMA 

TOSHIBA LAUNCHES 650V 3RD-GENERATION SIC MOSFETS FOR HIGH-EFFICIENCY INDUSTRIAL POWER

Toshiba: 650V 3rd generation SiC MOSFETs in TOLL package.

KUALA LUMPUR, Aug 28 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has introduced three 650-volt (V) silicon carbide (SiC) MOSFETs, equipped with its latest third-generation SiC chips and housed in surface-mount TOLL packages.

Volume shipments of the new MOSFETs, “TW027U65C”, “TW048U65C”, and “TW083U65C”, begin today, according to Toshiba in a statement.

The new devices are suitable for industrial equipment, such as switched-mode power supplies and power conditioners for photovoltaic generators.

The new MOSFETs deliver significant performance and size advantages. Toshiba claims the TOLL package design reduces device volume by over 80 per cent compared to traditional TO-247 through-hole packages, boosting power density in compact equipment.

The TOLL package also offers lower parasitic impedance, which cuts switching losses. As a 4-terminal package, it supports Kelvin-source connections for improved gate drive performance and high-speed switching.

In tests, the TW048U65C achieved approximately 55 per cent lower turn-on loss and 25 per cent lower turn-off loss compared to Toshiba’s previous generation.

Toshiba will continue to expand its lineup to contribute to improved equipment efficiency and increased power capacity.

-- BERNAMA

SELANGOR LAUNCHES SIBS 2025 TO STRENGTHEN ASEAN COLLABORATION

 

From left: Yang Berbahagia Dato’ Ts. Saipolyazan bin M Yusop, Group Chief Executive Officer of MBI Selangor; Yang Berhormat Tuan Ng Sze Han, Selangor State Executive Councillor for Investment, Trade & Mobility; Yang Berhormat Dato’ Dr. Ahmad Fadzli bin Ahmad Tajuddin, Selangor State Secretary; Yang Berhormat Puan Anfaal binti Saari, Selangor State Executive Councillor for Women Empowerment and Social Welfare; Yang Berbahagia Dato’ Hasan Azhari bin Haji Idris, Chief Executive Officer of Invest Selangor Berhad at the Official Launch of Selangor International Business Summit (SIBS) 2025

Ninth edition of flagship business summit set for 8–11 October at KLCC

SHAH ALAM, Aug 28 (Bernama) -- The Selangor State Government today officially launched the Selangor International Business Summit (SIBS) 2025, announcing a stronger focus on regional collaboration, economic resilience and inclusive growth. The four-day summit will take place from 8 to 11 October 2025 at the Kuala Lumpur Convention Centre (KLCC).

Entering its ninth year, SIBS has grown into one of the most prominent platforms for trade, investment, and innovation in the region, strengthening Selangor’s role as a key gateway to the South East Asian market.

Speaking at the launch, the Chief Minister of Selangor said that in the face of global uncertainty, regional unity has become more crucial than ever. “We are operating in an increasingly unpredictable global environment. This makes it even more important for ASEAN economies to stand together — united, forward-looking and resilient,” he said.

“Selangor is committed to playing a leading role in fostering deeper regional partnerships, both at the government and business levels.” The Chief Minister also emphasised Selangor’s readiness to act as a subnational driver of economic diplomacy, leveraging its strategic location, modern infrastructure and diversified economy to connect provinces, states and cities across ASEAN.

SIBS 2025 will feature six major event components:Selangor International F&B Expo
Selangor Investment and Industrial Park Expo
Selangor Smart City and Digital Economy Convention
Selangor ASEAN Business Conference
NEW: Selangor Aerospace Summit
NEW: Selangor International Care Summit

This year marks the debut of the Selangor International Care Summit an initiative led by YB Anfaal Saari, Selangor’s Executive Councillor for Women and Family Empowerment and organised by Wanita Berdaya Selangor (WBS). The new component highlights critical issues such as mental health, wellness and ageing — bringing human-centric development into sharper focus.

The Selangor Aerospace Summit also returns this year as an integrated part of the main programme, showcasing Selangor’s ambitions to strengthen its position as a national aerospace hub and facilitating cross-sector collaboration with industrial, logistics and digital economy players.

With 70% of planning already completed, the State Government has launched regional promotional efforts across South East Asia and intensified outreach across Malaysia to ensure broad participation. “We encourage business leaders, government agencies, and academia to take part in SIBS 2025 — whether as exhibitors, trade visitors, or conference delegates. It’s an opportunity not only to network but to help shape the future direction of the region’s economy,” the Chief Minister added.

Since its establishment in 2015, SIBS has generated billions in potential trade and investment value, and continues to draw a growing international audience. Beyond the numbers, the summit represents Selangor’s long-term commitment to building an inclusive, future-ready and sustainable economy.

SIBS 2025 will be held from 8–11 October 2025 at the Kuala Lumpur Convention Centre. The summit is organised by Invest Selangor Berhad on behalf of the Selangor State Government.

For more information on SIBS 2025, visit www.selangorsummit.com and follow @selangorsummit on social media.

About Invest Selangor

Invest Selangor Berhad is the Selangor State Government’s investment promotion agency, facilitating business growth and investment opportunities in Malaysia’s most developed and competitive state. As a one-stop center, it provides advisory services, market insights, and facilitation for local and international investors looking to establish or expand in Selangor—the gateway to ASEAN.

With a strategic location, world-class infrastructure, and a thriving business ecosystem, Selangor continues to attract high-value investments across diverse industries, reinforcing its position as Malaysia’s economic powerhouse. Since 1999, Invest Selangor has successfully facilitated over 6,730 manufacturing projects, contributing to the creation of 489,464 jobs and securing more than RM237.7 billion in investments.

Invest Selangor also drives the Selangor International Business Summit (SIBS) and the Selangor Aviation Show (SAS), key platforms connecting industry leaders, policymakers, and entrepreneurs across South East Asian region and beyond. Through strategic initiatives, it remains committed to a resilient, sustainable, and innovative economy, reinforcing Selangor as the preferred destination for global investors.

For Selangor investment enquiries, please visit www.investselangor.my

SOURCE: Invest Selangor Berhad (for Selangor International Business Summit)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nur Azyyana Abu Bakar
Email: azyyana@investselangor.my

Name: Maryani Binti Mat Saad
Email: maryani@investselangor.my

--BERNAMA

Commerce Access Unites Industry Leaders at Let’s Talk CX to Shape Malaysia’s Customer Experience

 

Pn. Hajjah Afidah Kamaruddin, Vice President of CASB, sharing insights on technology-driven customer experience excellence during the industry-wide forum.

KUALA LUMPUR, Aug 28 (Bernama) -- Commerce Access Sdn Bhd (CASB), a trusted CX enabler, took centre stage as forum partner at “Let’s Talk CX - The Future of Intelligent Customer Engagement,” hosted by a leading public utility company. The forum convened more than 100 customer experience professionals and brought together global and national leaders including DHL Express, Malaysia Aviation Group (MAG), and Tenaga Nasional Berhad (TNB), guided by the strategic expertise of the Contact Centre Association of Malaysia (CCAM).

By uniting diverse industries under one platform, CASB enabled participants to exchange best practices and explore how people empowerment, streamlined processes and advanced technologies such as AI, analytics and omnichannel platforms are reshaping customer engagement. Insights from DHL Express, MAG and TNB connected Malaysia’s service landscape to international best practices, demonstrating how proven strategies from high-demand industries can be adapted to strengthen customer experience across sectors, including public services.

“CASB is proud to have played a central role in uniting CX practitioners from diverse industries to exchange best practices and uplift Malaysia’s contact centre ecosystem. As the call centre provider to a leading public utility company, we have seen firsthand how cross-sector collaboration can set new standards for service excellence. By bringing together regulators, state operators, global enterprises and technology leaders, this forum has created a powerful platform for collective action to advance customer experience nationwide,” said Puan Hajjah Afidah binti Kamaruddin, Vice President, Commerce Access Sdn Bhd (CASB).

Reflecting on this progress, Mr. Vigneswaran Sivalingam, President of CCAM, commented: “Customer experience has become the business strategy that drives both growth and transformation. Partnerships like these are vital to professionalising the industry, empowering frontliners and embracing innovation.”

Building on this leadership, CASB drew on more than 15 years of expertise in managing large-scale, mission-critical programmes across government and enterprise supporting millions of customer interactions annually, to guide the forum’s focus on raising national service standards. Recognised for its industry leadership, CASB has also been shortlisted by CCAM to represent Malaysia at the 2025 CC-APAC Regional Awards in Hong Kong for Best Contact Centre Operations, underscoring its role as a leading force in the region’s customer experience landscape.

The forum not only delivered immediate knowledge-sharing but also reinforced a long-term commitment to collaboration and continuous improvement. Looking ahead, CASB aims to extend this momentum into a broader national journey, embedding CX excellence as a standard that strengthens trust, inspires innovation and positions Malaysia as a regional leader in customer engagement.

For more information, please visit www.casb.com.my or contact the sales team at enquiries@casb.com.my / 03-7985 5260.

About Commerce Access Sdn. Bhd. (CASB)
Commerce Access Sdn. Bhd. (CASB) is a trusted leader in inbound and outbound contact centre services, with over 15 years of experience in delivering customer engagement solutions. Established in 2008 as part of the Commerce Dot Com Group of Companies, CASB is a MSC status company, awarded by the Malaysia Digital Economy Corporation (MDEC). Recognised for its industry leadership, CASB has been shortlisted by the Contact Centre Association of Malaysia (CCAM) to represent Malaysia at the 2025 CC-APAC Regional Awards in Hong Kong for Best Contact Centre Operations. CASB empowers organisations through seamless multichannel services, AI, analytics, and omnichannel platforms.

For more information, visit https://casb.com.my

SOURCE: Commerce Access Sdn. Bhd. (CASB)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Azril Azhari
Email: azril@commercedc.com.my

--BERNAMA

Ronaldo Mania Grips Hong Kong As Saudi Super Cup Makes East Asia Debut

KUALA LUMPUR, Aug 26 (Bernama) -- Football fever has taken over Hong Kong as Cristiano Ronaldo leads Al-Nassr into the first-ever Saudi Super Cup held in East Asia, turning the city into a five-day football fan zone.

The 40,000-seat Hong Kong Stadium hosted the tournament from 19 to 23 August, marking a milestone for both the city and the sport.

Organised by Sum KM Sport in collaboration with the Football Association of Hong Kong, China (HKFA) and the Saudi Arabian Football Federation (SAFF), the event features three high-stakes matches, including the grand final between Al-Nassr and Al-Ahli on Aug 23.

On opening night, Ronaldo’s side edged Al-Ittihad 2-1 in a nail-biting semifinal on opening night, while Al-Ahli stormed past Al-Qadsiah 5-1 to secure their spot in the final. During the Saudi Super Cup Final, Al-Ahli clinched the championship over Al-Nassr on 5-3 penalties after a thrilling 2-2 draw.

This marks the first time the Saudi Super Cup, launched in 2013, has ventured beyond the Middle East—spotlighting Hong Kong as a rising hub for international sport, according to the Hong Kong Tourism Board (HKTB) in a statement.

The excitement continues with the newly opened CR7 LIFE Museum at K11 MUSEA, an immersive tribute to Ronaldo’s extraordinary life and career, from his humble beginnings in his hometown of Madeira to his record-breaking performances at Manchester United, Real Madrid, Juventus, Al Nassr, and the Portuguese national team.

Soft launched on July 7, the 12,000-square-foot museum is a treasure trove for football enthusiasts, featuring his 2008 Ballon d’Or, Golden Boots, UEFA Champions League trophies, and jerseys from unforgettable matches.

Interactive highlights include the UR7 YouTube Studio, a replica of Ronaldo’s own filming space, and the GOAT Photobooth, where fans can use artificial intelligence to create a souvenir image alongside the legend, while also browsing exclusive merchandise such as signed jerseys and special-edition keepsakes.

With the Saudi Super Cup and the CR7 LIFE Museum both landing in Hong Kong this summer, football fans have the perfect reason to visit the city and take a chance to witness sporting history and learn more about one of the best players of all time.

-- BERNAMA

Masdar Secures ‘AA-’ Rating From S&P, Strengthens Global Clean Energy Role

KUALA LUMPUR, Aug 22 (Bernama) -- Masdar, also known as the Abu Dhabi Future Energy Company PJSC, has been assigned an ‘AA-’ credit rating with a stable outlook by S&P Global Ratings, bolstering its standing as one of the world’s most financially sound renewable energy companies.

According to Masdar in a statement, the rating reflects the company’s diversified global portfolio, solid growth trajectory, and disciplined use of green bond proceeds to fund sustainable infrastructure projects.

With this latest rating, Masdar now holds top ratings from three major international agencies – Moody’s (A1), Fitch (AA-) and S&P (AA-).

The company’s recognition underscored its financial strength and ability to drive sustainable expansion across global markets.

Masdar’s ratings are also backed by the support of its three shareholders – Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company and Abu Dhabi National Energy Company PJSC (TAQA) – as well as the Government of Abu Dhabi.

-- BERNAMA

PETRONAS PRESENTS ‘WITH ALL OUR HEARTS’, A FILM THAT EMBRACES THE SPIRIT OF RUKUN NEGARA

Cikgu Murni, full of spirit and determination, is ready for her first day at a new school.

 

As the pledge is recited during assembly, some students are seen goofing around with each other

KUALA LUMPUR, Aug 22 (Bernama) -- In conjunction with this year’s National Day and Malaysia Day celebrations, PETRONAS proudly presents ‘With All Our Hearts’, a film that reflects on the enduring significance of the Rukun Negara as a pledge that unites all Malaysians.

Directed by Ismail Kamarul, well-known for his work on various PETRONAS productions, the film captures the everyday warmth of a Malaysian classroom, blending sincerity and subtle humour to bring the spirit of Rukun Negara -- which outlines shared values of unity, loyalty, justice, and morality for all citizens -- to life.

The story centres on Cikgu Murni, a new teacher who notices that during school assembly, many students recite the Rukun Negara as a routine, rather than with genuine understanding. Determined to change this, she guides them to discover the true meaning and importance of the five principles that serve as the pillars of national unity.

The film continues PETRONAS’ tradition of festive storytelling, using everyday Malaysian stories to inspire unity and reflection. In line with the theme ‘Malaysia MADANI: Rakyat Disantuni’, the film encourages us to uphold the pledge not just as words to recite, but as promises and guiding values to live by sincerely.

PETRONAS Vice President of Group Strategic Relations and Communications, Ir. Norafizal Mat Saad said, "The Rukun Negara is more than a pledge we recite. It is an enduring promise that calls us to honour our shared values in every action we take. This is what inspired us to produce this film for every Malaysian to embrace. May these values, when truly lived, keep us united as one nation, with all our hearts."

‘With All Our Hearts’ premieres on 21 August 2025 on PETRONAS’ official YouTube channel.

Issued by
Media Communications
Group Strategic Relations & Communications
PETRONAS

Photo caption:
Photo 1: Cikgu Murni, full of spirit and determination, is ready for her first day at a new school.
Photo 2: As the pledge is recited during assembly, some students are seen goofing around with each other

SOURCE: PETRONAS

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Estee Aina Huslan
Tel: 012-2283377
Email: esteeaina.huslan@petronas.com

--BERNAMA

MALAYSIA’S 1H 2025 APPROVED INVESTMENTS UP BY 18.7% YEAR-ON-YEAR TO RM190.3 BILLION, CREATING OVER 89,000 NEW JOBS

Datuk Sikh Shamsul Ibrahim_MIDA CEO

 

Tengku Datuk Seri Zafrul Abdul Aziz_MITI Minister

· For January to June 2025 (1H 2025), Malaysia attracted RM190.3 billion of approved investments in services (RM118.6 billion, 62.3%), manufacturing (RM68.4 billion, 36.0%), and primary (RM3.3 billion, 1.7%) sectors. This is a notable 18.7% increase in comparison to the same period last year (1H 2024).
· Foreign Investments (FI) accounted for a significant 56.1% or RM106.8 billion of the total approved investments, while Domestic Investments (DI) contributed 43.9% or RM83.5 billion.
· The services sector’s share accounts for RM118.6 billion of the total approved investments, showing a significant 25.6% year-on-year increase [cf. RM94.4 billion in 1H 2024].
· The manufacturing sector’s share of approved investments is RM68.4 billion, a robust 13.8% y-o-y growth. This was contributed by a 12.1% increase in foreign investments, 20.2% in domestic investments and a 37.7% increase in new jobs.
· The top five (5) sources of FI are Singapore (RM43.4 billion), the People's Republic of China (RM23.4 billion), the United States of America (RM10.4 billion), the British Virgin Islands (RM6.6 billion), and Italy (RM3.3 billion).
· The five (5) states that recorded the highest approved investments are Johor (RM56.0 billion), Selangor (RM34.7 billion), W.P. Kuala Lumpur (RM30.1 billion), Pulau Pinang (RM18.9 billion) and Sabah (RM11.4 billion).

KUALA LUMPUR, Aug 22 (Bernama) -- Malaysia has clearly risen above the current geopolitically challenging landscape and maintained its position as an attractive investment destination in the region. The country secured RM190.3 billion in approved investments during the first half of 2025 (1H 2025), an 18.7% increase year-on-year.

A total of 3,011 projects across the manufacturing, services, and primary sectors are expected to generate 89,294 new jobs, highlighting the country’s ability to translate investment commitments into real economic impact.

FI surged 43.5% year-on-year, propelled by strong growth in all three (3) sectors: services (+100.7%), manufacturing (+12.1%) and primary (+57.4%). This is also validated by Malaysia’s rise from 34th to 23rd position by the IMD World Competitiveness Ranking 2025. The growth and improved competitiveness reflect the government’s concerted efforts to enhance service efficiency, implement aggressive trade and investment promotion missions and streamline approval processes. These factors are pivotal in strengthening investor confidence in the country’s economic direction and in continuing to attract significant investment inflows.

For approved investments based on foreign sources¹, Singapore emerged as the leading source country with RM43.4 billion, followed by the People's Republic of China (RM23.4 billion), the United States of America (RM10.4 billion), the British Virgin Islands² (RM6.6 billion), and Italy (RM3.3 billion). These foreign investments signal enduring global trust in Malaysia as a strategic base for regional growth.

The state of Johor recorded the highest value of approved investments (RM56.0 billion), followed by Selangor (RM34.7 billion), W.P. Kuala Lumpur (RM30.1 billion), Pulau Pinang (RM18.9 billion) and Sabah (RM11.4 billion).

National Investment Aspirations (NIA) - Driving Malaysia’s Long-Term Goals

The focus sectors under the National Investment Aspirations (NIA) contributed a total of RM88.3 billion, representing almost half of the total approved investments (46.4%) across various economic sectors. These approvals span 426 projects and are expected to create 33,891 new employment for Malaysians, demonstrating a strong alignment between the nation's investment strategies and its development goals.

Of the total approved amount, RM106.2 billion or 55.8% falls under the scope of MITI and MIDA. This includes 1,247 projects projected to generate 48,689 jobs.

YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade and Industry (MITI), said, “Malaysia’s 18.7% year-on-year growth in approved investments for 1H 2025 demonstrates foreign and domestic investors’ continued trust in our clear policies and long-term industrial reform agenda. These have contributed to Malaysia’s strong economic fundamentals, which have clearly held up our economy even amid a challenging global environment. MITI and MIDA are working closely with other relevant Ministries and Agencies to ensure these commitments are implemented expeditiously to deliver meaningful outcomes for the people.”

He also noted the significance of Johor’s growth momentum, “Johor’s performance has been especially encouraging, topping the nation in both Q1 2025 (RM30.1 billion) and in 1H 2025 (RM56.0 billion). This reflects the state’s strengthening economic fundamentals, driven by initiatives such as the Johor–Singapore Special Economic Zone, one of Malaysia’s value propositions as a strategic manufacturing and services hub within the ASEAN region.”

Services Sector Powers in Growth, Led by Strong Domestic Investments

The services sector accounted for RM118.6 billion in approved investments, representing 62.3% of the total, comprising 2,476 projects. The sector recorded a year-on-year increase of 25.6%, with an estimated 42,576 new jobs expected to be created.

Domestic investments contributed RM66.6 billion (56.2%) while foreign investments contributed RM52.0 billion (43.8%). This healthy balance reflects foreign and domestic investors’ continued confidence and the sector’s broad-based appeal.

The top-performing sub-sector under the services sector are:

· Information and communications: RM59.6 billion
· Real estate: RM38.6 billion
· Utilities: RM6.0 billion
· Support services: RM5.9 billion
· Distributive trade: RM4.3 billion

Notable Projects Elevating Malaysia’s Services Sector

· DHL Express (Malaysia) Sdn. Bhd.: DHL Express (Malaysia) Sdn. Bhd. launched one of its most advanced facilities in Southeast Asia — the Kuala Lumpur Gateway. With a €60 million (RM300.0 million) investment, it is the region’s first gateway with a fully automated sorting system, capable of processing up to 10,000 shipments per hour.

· Adventist Hospital & Clinic Services (M): Located in Georgetown, Penang, this home-grown, Malaysian-owned healthcare provider is investing RM300.0 million in modern facilities, cutting-edge technology and expanded specialist services to become a leading tertiary healthcare provider for the Malaysian community and international visitors.

· SM01 Sdn. Bhd.: With an investment close to RM200.0 million, SM01 Sdn. Bhd. is a flagship solar project in Gurun, Kedah, under the Corporate Green Power Programme led by Japan’s Shizen Malaysia, with partners from Solarvest and HSS. Showcasing Malaysia–Japan collaboration, it advances ESG-focused green investments, delivering green energy to corporate offtaker through large-scale sustainable infrastructure.

· Base Floating Solar Sdn. Bhd.: The company is responsible for designing, constructing and operating the Batang Ai Floating Solar Farm, the largest floating solar photovoltaic (FPV) installation in Sarawak, Malaysia, valued at RM184.6 million.

Manufacturing Sector Attracts RM68.4 Billion, Boosting High Value Jobs

Malaysia's manufacturing sector secured RM68.4 billion or 36.0% in approved investments for 1H 2025. The approval of 518 projects is anticipated to yield 46,690 new job openings.

Notably, foreign investments (FI) accounted for 78.0% or RM53.3 billion of the total approved investments in the manufacturing sector, while domestic investments (DI) contributed RM15.1 billion (or 22.0%).

Encouragingly, the share of higher-skilled roles has been rising: the managerial, technical and supervisory (MTS) index climbed to 46.9%, from 42.7% a year earlier. This suggests slow but steady progress in moving up the value chain, a shift that will hinge on the continued upskilling of local talent and accelerating technology adoption.

Top Performing Industries

· Chemical and chemical products: RM15.5 billion
· Electrical and electronics (E&E): RM13.1 billion
· Basic metal products: RM9.8 billion
· Non-metallic mineral products: RM7.1 billion
· Machinery and equipment: RM5.2 billion

Notable Manufacturing Projects Strengthen Malaysia’s Industrial Base

· Pentamaster Technology (M) Sdn. Bhd. With an investment of RM1.8 billion, the company provides advanced automation manufacturing and technology solutions to high-value industries and is set to become the first Malaysian automation company to design and build advanced test equipment for next-generation semiconductor manufacturing globally.

· QL Foods Sdn. Bhd.: A Perak-based agro-food company investing RM1.2 billion over the next ten years. Specialising in surimi and surimi-based products for both domestic and international markets, the company is also adopting sustainable practices and innovation to support Malaysia’s food security and export competitiveness.

· Chipbond Technology Malaysia Sdn. Bhd.: RM1.0 billion wafer-level chip scale packaging (WLCSP) facility.

· Altera Semiconductor Technology (M) Sdn. Bhd.: RM1.0 billion to manufacture field-programmable gate arrays (FPGAs) and other integrated circuits.

· Hunan Yuneng New Energy Battery Material Co., Ltd.: Investing RM560.0 million in Phase 1 to establish a facility in Malaysia for the production of lithium battery cathode materials.

· Singda Superalloy (Malaysia) Sdn. Bhd.: A Singapore-based high-tech company will invest about USD80 million (RM336.8 million) in Johor to build South- East Asia’s first superalloy manufacturing plant. The facility will produce high- performance superalloy materials for industries including aerospace, oil and gas, new energy, petrochemicals and automotive, creating more than 300 skilled local jobs.

· NetZero Technology Sdn. Bhd.: RM340.0 million manufacturing facility in Kedah, producing insulation from recycled glass waste for energy-efficient construction.

Primary Sector Maintains Stability Amid Global Headwinds

The primary sector secured RM3.3 billion in approved investments across 17 projects, mainly in mining. The approved investments are dominated by domestic sources with RM1.8 billion (54.2%), while foreign sources contributed RM1.5 billion (45.8%).

Positive Outlook with Strong Pipeline of High-Impact Investments

From January to June 2025, MITI and MIDA undertook a total of six (6) Trade and Investment Missions (TIMs), two (2) of which were official visits led by the Prime Minister of Malaysia, YAB Dato’ Seri Anwar Ibrahim. These engagements covered the United Arab Emirates (UAE), the United Kingdom, Switzerland, India, Russia, Saudi Arabia, Singapore, and the United States of America, serving as platforms to strengthen bilateral ties and engage with prominent global business leaders.

Malaysia’s investment outlook remains resilient, supported by a steady flow of quality project proposals. As at 31 July 2025, MIDA is facilitating a solid pipeline of 385 potential projects, collectively valued at RM22.5 billion.

· The services sector continues to lead the way, comprising 290 projects worth RM15.7 billion.

· Meanwhile, the manufacturing sector maintains its strong showing with 95 projects valued at RM6.8 billion.

MIDA is also in active discussions for an additional RM103.8 billion worth of high-impact investment leads—signaling sustained investor interest and confidence in Malaysia’s pro-business policies and long-term economic direction.

High Implementation Rates Reinforce Malaysia’s Investment Credibility

Between 2021 to June 2025, the National Committee on Investment approved 3,883 manufacturing projects. Of these:

· 85.1% of projects (3,414) have been implemented, which includes full-scale production, factory construction, and machinery installation.
· 11.9% remain in the planning phase, focusing on critical activities such as site selection and developer consultations.
· 3.0% of projects were not implemented due to a change of commercial direction by the investor(s).

Implementation rates for specific periods reinforce this credibility:
· Over 90% of manufacturing projects approved in 2021 until 2023 have been implemented.
· 83.5% of 2024’s and 49.6% of January – June 2025’s projects are already progressing, a commendable rate given the average lead time of 18 to 24 months typical for such developments.

Examples of implemented projects are provided in Appendix I.

Consistently high implementation rates signal not only investor trust and policy consistency, but also MIDA’s dedicated investor aftercare services and strong inter- agency collaboration.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, said that Malaysia’s performance in attracting investments for the first half of 2025 is a clear sign of resilience, “Despite a tumultuous global economy, Malaysia’s economy expanded by 4.4% in the second quarter of 2025³, and investment momentum is holding strong. This clearly reflects the depth of our fundamentals and the trust investors place in our long-term direction. At MIDA, our role is to make that journey from interest to implementation as smooth as possible.”

“Through the Invest Malaysia Facilitation Centre, we bring all the relevant agencies under one roof so decisions can be made quickly, bottlenecks removed, and projects get off the ground swiftly. It’s why over 85% of manufacturing projects approved since 2021 until June 2025 are already being implemented. Every day, we see how this approach helps investors turn plans into action, creating jobs, building capacity, and keeping Malaysia competitive even when global conditions are less than ideal. These are the times when our ability to deliver really counts, and the results in 1H 2025 show that we are delivering,” he added.

Malaysia’s strategic advantage lies in its commitment to strategic reforms, high-impact sectors, and investor facilitation, ensuring the country remains a preferred destination for quality investments for years to come.

¹ Compilation of foreign investments is based on the ultimate investing country. The ultimate source refers to the home country of the foreign investor that holds control over the decision-making process and investment management, even if the investment flows through several intermediary sources.
² Based on declaration by the applicant company in its submission to MIDA and relevant Ministries/Agencies.
³ https://www.bnm.gov.my/-/qb25q2_bm_pr

About MIDA
The Malaysian Investment Development Authority (MIDA) is the Government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

Explainer: DOSM’s FDI and MIDA’s approved Foreign Investment (FI)

There has been some confusion on the term Foreign Direct Investment (FDI) as reported by the Department of Statistics Malaysia (DOSM), and the approved Foreign Investment (FI) data as captured by MIDA. To clarify, the Government has determined the use of these terms since December 2023, as follows:

· MIDA reports on approved Foreign Investments (FI) – These represent proposed investment projects with foreign equity participation that have been granted licenses, incentives, permits, grants, soft loans, etc., by relevant Ministries and Agencies. They are measured based on CAPEX and OPEX, such as land, building, and resources. Approved FI reflects potential investments into the country which will be realised into actual inflows over a specified period, usually across multiple years. On average, 18-24 months is the typical duration to complete the required regulatory steps between approval and implementation, before projects get off the ground. The release of approved FI data serves as a forward-looking indicator of investor’s confidence, the strength of Malaysia’s investment prospects, and the key sectors attracting foreign investors.

· DOSM reports on Foreign Direct Investment (FDI) – This figure refers to investments by non- residents via transactions of financial instruments, including equity, reinvestment of earnings and debt instruments (such as inter-company loans and advances, trade credits, etc.). For instance, if a foreign investor buys shares in a Malaysian company, this would be captured by DOSM’s FDI data. FDI statistics for Malaysia are compiled as part of the balance of payments, which is compiled based on the IMF’s BPM6 guidelines.

For further information, please refer to:
https://www.mida.gov.my/why-malaysia/investment-statistics/

Click here for:
Appendix I
Infographics ENG
Infographics BM

SOURCE: Malaysian Investment Development Authority (MIDA)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Ms. Fatmah Ahmad
Director, Corporate Communications Division
Malaysian Investment Development Authority (MIDA)
Tel: +603-2267 2428
Email: fatmah@mida.gov.my

--BERNAMA

Nippon Kinzoku Unveils Eco-Friendly Stainless Steel For High-Precision Etching

KUALA LUMPUR, Aug 21 (Bernama) -- Nippon Kinzoku Co Ltd has launched its fourth environmentally friendly “Eco-Product” series, the Special Tension Annealing (STA) finish stainless steel, aimed at reducing warping and refining crystal grain size for high-definition etching.

According to the company in a statement, STA finish significantly improves dimensional stability by minimising warping in the etching process, particularly in half-etching applications.

It also produces finer crystal grain sizes, making it suitable for high-precision microfabrication such as smartphone components, metal masks and wrapping carriers.

The product enables process simplification, enhances energy efficiency, reduces environmental impact and provides greater design flexibility for improved manufacturing yield.

Certified as an official “Eco-Product”, the STA finish aligns with the company’s goal of achieving net zero carbon dioxide emissions by 2050 and supports sustainable manufacturing through eco-friendly materials.

The development is also part of its 11th management plan, “Nippon Kinzoku 2030”, focused on “Near Net Performance” — delivering final-product-level performance directly from the material stage, with plans to expand applications in 5G communications, mobile devices and semiconductor-related products.

-- BERNAMA

HYRA NETWORK WINS WITSA’S TOP GLOBAL AI HONOUR, EYES US$10 BLN NASDAQ IPO

KUALA LUMPUR, Aug 22 (Bernama) -- Hyra Network, a pioneering force in decentralised artificial intelligence (AI) and sovereign digital infrastructure, has received the Chairman’s Award 2025 — the highest accolade presented annually by the World Innovation, Technology and Services Alliance (WITSA).

Presented at the WITSA Global AI Summit, the honour makes Hyra Network the first decentralised AI platform to earn this global distinction, according to a statement.

Hyra Holdings & Hyra Network Founder and Chairman, John Tran called the award a validation of Hyra’s mission to empower nations and individuals with AI ownership.

“This award is both WITSA’s recognition and Hyra’s unwavering commitment to building a decentralised digital civilisation – one that celebrates fairness and puts people in control,” said Tran.

Meanwhile, WITSA Chairman, Datuk Dr Sean Seah Kok Wah said Hyra Network is setting a new benchmark for decentralised AI.

“The Chairman’s Award is reserved for truly outstanding initiatives that demonstrate exceptional innovation and global impact,” he added.

Built on a Layer-3 blockchain, Hyra Network combines a verifiable compute grid with decentralised autonomous organisation (DAO) governance, offering a transparent, privacy-first AI infrastructure. Its sovereign AI architecture serves governments, enterprises, and citizens seeking control over digital futures.

Hyra’s three-pronged platform—Hyra AI, Hyra Zone, and Hyra Mega—acts as a full-stack ecosystem enabling secure AI processing, graphics processing unit (GPU) training, and open model exchange, all independent of Big Tech control.

With over 2.7 million devices connected across more than 200 countries, the network has proven decentralised AI can scale globally. Its operations span Vietnam and the United Arab Emirates (UAE), reinforcing its cross-border capabilities.

The award accelerates Hyra’s expansion plans, including a regional hub in the UAE and preparations for a US$10 billion Nasdaq initial public offering (IPO) by 2030. (US$1=RM4.22)

As AI governance becomes a global concern, Hyra Network is positioning itself as the operating system for a sovereign digital age.

-- BERNAMA

Empowering Malaysia’s Professionals: Prof. Juan Joon Ching to Drive BIM’s Vision for the Future

Prof. ChM Dr. Juan Joon Ching, President, Balai Ikhtisas Malaysia

KUALA LUMPUR, Aug 22 (Bernama) -- In conjunction with Malaysia’s 68th Merdeka celebration, the Balai Ikhtisas Malaysia (BIM) proudly congratulates Prof. ChM Dr. Juan Joon Ching, who has been re-elected as President of BIM for the 2025–2027 term. Prof. Juan which represents the Institut Kimia Malaysia (IKM) and a distinguished Professor of Catalysis and Nanomaterials at Universiti Malaya has made significant contributions to the advancement of science and technology in Malaysia. He is the recipient of numerous prestigious awards, including the IKM Gold Medal Award, the Malaysia Young Scientist Award, Akademik Harapan Malaysia, Malaysia’s Top Research Scientists, etc. His leadership embodies the true spirit of Merdeka through resilience, excellence, and service to the nation.

Founded more than 50 years ago, BIM serves as the umbrella body for professional associations in Malaysia, bringing together experts from diverse fields such as engineering, medicine, chemistry, architecture, human resource development, and other professions. Over the decades, BIM has stood as a pillar of nation-building, promoting professionalism, ethical standards, and intellectual contributions to Malaysia’s growth. Looking ahead, BIM’s vision aligns closely with the 13th Malaysia Plan (RMK-13), which charts the nation’s course towards becoming a high-income, sustainable, and inclusive economy. RMK-13 places strong emphasis on digital transformation, green transition, innovation, and social well-being. In this context, BIM’s commitment to professional development and advancement across multiple disciplines will be crucial in preparing Malaysia’s workforce to meet these challenges. “Professional bodies are the backbone of national progress. By equipping our engineers, doctors, chemists, architects, and other professionals with the tools of the future especially digitalization and AI adoption. This definitely will strengthen competitiveness of Malaysia on the global stage,” said Prof. Juan. In line with this aspiration, BIM is planning to host a town hall session with the Prime Minister, focusing on professional career development and strategies to ensure that Malaysia’s talent pool continues to serve society with excellence and integrity.

As Malaysia celebrates its 68th year of independence, BIM extends its warmest greetings to all Malaysians. “Unity is the key to success. Together, as one nation, we can build a brighter and more prosperous Malaysia,” BIM declared in its Merdeka message.

About Balai Ikhtisas Malaysia (BIM):
Balai Ikhtisas Malaysia is a national umbrella body representing professionals and professional institutions in Malaysia. BIM is committed to promoting professionalism, ethics, capacity building and national development through inter-professional collaboration and policy advocacy.

SOURCE: Balai Ikhtisas Malaysia (BIM)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Lisa Chong
Tel: +6012 672 3898
Email: lisa.chong@bim.org.my

--BERNAMA

CGTN: CHINA’S XIZANG REACHES WATERSHED MOMENT IN HISTORIC TRANSFORMATION

KUALA LUMPUR, Aug 20 (Bernama) -- An article from China Global Television Network (CGTN) spotlights the sweeping social and economic transformation of China’s Xizang Autonomous Region, tracing its journey from a feudal theocracy to a modern, thriving society shaped by people-centred governance.

The state-run media outlet emphasises that Xizang’s progress cannot be viewed in isolation, framing its development as a shift from widespread serfdom — where 95 per cent of the population lived without land, education, or dignity — to citizen-led self-governance under China’s system of regional ethnic autonomy.

Citing government data, CGTN in a statement notes that as of 2025, ethnic minorities make up 89.2 per cent of Xizang’s 42,000-plus National People’s Congress deputies, with more than 57 per cent of township-level leadership roles held by minorities. Voter turnout exceeds 90 per cent at the grassroots level.

The article also highlights major economic gains. Xizang’s gross domestic product (GDP) rose from 174 million Chinese yuan (around US$24.3 million) in 1959 to more than 276 billion Chinese yuan (around US$38.5 billion) in 2024, with per capita disposable income exceeding 31,000 Chinese yuan (around US$4,300). (US$1=RM4.22)

The significant transformation, resilience and renewal of the region are witnessing residents now enjoying a steadily rising quality of life, with average life expectancy climbing to 72.5 years in 2024. The region officially eliminated absolute poverty in 2019, lifting 628,000 people out of hardship.

Education and healthcare reforms have also played a central role, with nine-year compulsory education now reaching 98 per cent of school-age children, and higher education enrolment topping 57 per cent. Local access to healthcare has improved dramatically, with insurance programmes covering most costs for major treatments.

The region has also expanded its global ties. Trade links now span 140 countries and regions, while tourism drew 64 million visitors in 2024, generating 75 billion Chinese yuan in revenue.

Chinese President Xi Jinping, at a high-level meeting, once called for further efforts to ensure national security and enduring peace and stability, steadily improve people’s lives, maintain a good environment, solidify border defence and safeguard frontier security in Xizang.

CGTN describes Xizang’s transformation as a "rebirth" — a stark departure from its past and a reflection of policies focused on stability, development, and inclusion.

-- BERNAMA

CIMB Islamic secures top honours at CGC Awards

CIMB Islamic was honoured with the Best Financial Partner Award alongside other recognitions including Top FI Partner in Islamic Financial Institution and Top FI Partner for Bumiputera SMEs at the CGC Awards 2024. Pictured from left to right are Dato’ Mohammed Hussein, Chairman, Credit Guarantee Corporation Malaysia Berhad (CGC), Novan Amirudin, Group Chief Executive Officer, CIMB Group, Dato’ Seri Abdul Rasheed Ghaffour, Governor, Bank Negara Malaysia and Datuk Mohd Zamree Mohd Ishak, Chief Executive Officer, CGC.

KUALA LUMPUR, Aug 19 (Bernama) -- CIMB Islamic Bank Berhad (“CIMB Islamic” or “the Bank”) was honoured with three prestigious awards at the recent Credit Guarantee Corporation (“CGC”) Awards 2024.

CIMB Islamic was awarded the Best Financial Partner (Overall) award – the highest distinction under CGC’s Financial Institution (“FI”) Partner Awards. The award recognises the Bank’s strong performance in supporting CGC’s guarantee schemes, with recipients evaluated based on key indicators such as guarantee fees and recovery against expected credit loss. The achievement reflects its disciplined risk management, proactive participation in public-private financing initiatives, and long-standing commitment to inclusive and responsible financial solutions that empower the SME sector.

Meanwhile, CIMB Islamic was also named the Top FI Partner in Islamic Financial Institution for its notable contribution to Islamic financing, as well as Top FI Partner for Bumiputera SMEs awarded to financial institutions with the highest number of Bumiputera outreach by approved accounts. In 2024, CIMB Islamic surpassed all targets with 1,266 approved accounts totalling RM694.4 million in approved financing, 30% of which supported Bumiputera businesses, reflecting its impactful efforts across key SME segments.

Ahmad Shahriman Mohd Shariff, Chief Executive Officer, CIMB Islamic said, “The recognition from CGC highlights our commitment to delivering Shariah-compliant financing solutions that truly advance inclusive growth. In line with CIMB Group’s purpose of advancing customers and society, we remain dedicated to being the partner of choice for entrepreneurs through our tailored programmes and initiatives which include specialised financing solutions designed to meet the unique needs of SMEs, capacity-building workshops and strategic partnerships that enhance their access to markets and resources. By combining financial support with practical guidance, we aim to equip entrepreneurs with the necessary tools to grow sustainably and contribute meaningfully to Malaysia’s economic development.”

The awards were presented by Datuk Seri Abdul Rasheed Ghaffour, the Governor of Bank Negara Malaysia, together with Chairman, CGC, Datuk Mohammed Hussein, Chief Executive Officer, CGC, Datuk Mohd Zamree Mohd Ishak to Novan Amirudin, Group Chief Executive Officer, CIMB Group, alongside Ahmad Shahriman Mohd Shariff.

The recognition highlights CIMB’s continued efforts to deliver impact-driven financial solutions that empower entrepreneurs and drive sustainable economic development, aligned with the Bank’s purpose of advancing customers and society.

These three accolades underscore CIMB Islamic’s leadership in providing Shariah-compliant financing, needs-based solutions that support the overall growth and resilience of Malaysia’s SME sector. Through tailored products and services, the Bank ensures that its financing solutions not only meet business needs but also uphold the highest standards of Shariah compliance, reinforcing its position as a trusted partner in Malaysia’s Islamic finance landscape.

About CIMB

CIMB is one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, by assets. Listed on Bursa Malaysia via CIMB Group Holdings Berhad, it had a market capitalisation of approximately RM75.2 billion as at 31 March 2025. It offers consumer banking, commercial banking, wholesale banking, transaction banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present across ASEAN in Malaysia, Indonesia, Singapore, Thailand, Cambodia, Vietnam and Philippines.

Beyond ASEAN, the Group has market presence in China, Hong Kong and UK. CIMB has one of the most extensive retail branch networks in ASEAN with 592 branches and over 33,000 employees as at 31 March 2025. CIMB’s investment banking arm is one of the largest Asia Pacific-based investment banks, which together with its award-winning treasury & markets and corporate banking units comprise the Group’s leading wholesale banking franchise. CIMB is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.8% shareholder of CIMB Thai in Thailand.

​SOURCE: CIMB Bank Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Anis Azharuddin / Kelvin Jude Muthu
Group Corporate Communications
CIMB Group Holdings Berhad
Email: anis.azharuddin@cimb.com / kelvinjude.muthu@cimb.com

--BERNAMA

FITCH LEARNING TO ACQUIRE MOODY'S TRAINING, CERTIFICATION BUSINESSES IN MAJOR EXPANSION MOVE

KUALA LUMPUR, Aug 18 (Bernama) -- Fitch Learning has signed an agreement with Moody’s to acquire two of its businesses, Moody’s Analytics Learning Solutions (MALS), a global credit training provider, and the Canadian Securities Institute (CSI), a professional certifications provider for the Canadian financial services industry.

The acquisition will enhance the customer experience by offering a broader array of financial services career development and professional certifications, including learning solutions for commercial banking, consumer banking and investment management.

Fitch Learning Chief Executive Officer, Andreas Karaiskos said this agreement reinforces its commitment to meeting a growing demand for upskilling and continued professional development in the financial services sector.

“As organisations increasingly invest in learning and development to boost employee retention and staff capabilities, our solutions will help empower their teams and ultimately drive organisational growth,” he said in a statement.

The acquisition is expected to close in the fourth quarter following the satisfaction of customary closing conditions, including the receipt of applicable regulatory approvals. The terms of the transaction were not disclosed.

“This acquisition represents a pivotal step in our commitment to equipping finance professionals with the knowledge and skills required for an increasingly complex marketplace.

“Through this transaction, we are expanding the boundaries of financial education and delivering greater value and opportunity worldwide. We look forward to continuing to serve our students and clients and to welcoming new members to the Fitch Learning community,” concluded Karaiskos.

A global leader in financial learning and professional certifications, Fitch Learning is part of Fitch Group with operations in 30 countries.

-- BERNAMA

UMEDIC GROUP EXPANDS OPERATION IN MALAYSIA, REFLECTS GROWING CONFIDENCE IN MALAYSIA'S HEALTHCARE INDUSTRY

PENANG, Aug 18 (Bernama) -- UMediC Group Berhad (“UMC”) unveiled its massive expansion at Batu Kawan Industrial Park, on 15 August 2025. The expansion marks a doubling of the company's manufacturing capacity. The new facility adds 20,000 square feet of production space to their existing 30,000-square-foot operation. This growth represents a major commitment to Malaysia's healthcare future.

The expansion includes three major components:

· UMC Healthcare Centre
· Rescue Medic Ambulance Services
· UMC Learning Centre

The launch ceremony was officiated by YB Daniel Gooi Zi Sen, Penang State Executive Councillor for Youth, Sports, and Health. He was joined by distinguished guests, including YB Goh Choon Aik, State Assemblyman (ADUN) for Bukit Tambun and Mr. Muhammad Ghaddaffi Sardar Mohamed, Director of MIDA Penang, along with senior representatives from Invest Penang.

In his speech, YB Daniel Gooi Zi Sen, Penang State Executive Councillor for Youth, Sports, and Health, stated, “Today, we witness a homegrown success story – a company that started with a vision, perseverance and dedication, now recognised as one of Malaysia’s top medical device companies. UMC’s success brings pride to Penang, bring our economy and enhances our nation’s global reputation.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), praised the expansion, “This achievement reflects UMC’s strong vision and commitment to moving up the value chain, in line with national strategies such as the New Industrial Master Plan 2030 to drive innovation, diversification and high-value offerings. UMC’s evolution from a leading medical device manufacturer into an integrated healthcare provider, leveraging advanced medical technologies, digitalisation and R&D while expanding into training centres and ambulance services, not only strengthens its market position but also enhances Malaysia’s capabilities in the medical technology and services sectors, supporting the growth and resilience of our healthcare ecosystem.”

UMC’s core business is supported by robust manufacturing capabilities and a dedicated Research & Development team. The company produces essential devices such as prefilled humidifiers, prefilled nebulisers, and asthma spacers, which are exported to approximately 40 different countries worldwide. Notably, UMC is the first company globally to obtain Halal certification for its prefilled humidifier, a testament to its innovation and adherence to quality standards. The new state-of-the-art ISO 5 cleanroom, with high-precision blow-fil-seal machinery, further reinforces its position as a global-ready medical manufacturer.

Beyond manufacturing, UMC also plays a vital role in the distribution of critical life- support medical and laboratory devices carrying global well-known brands such as Philips, GE and AliveDx. With the new facilities, UMC’s offerings now include medical training, ambulance services, and the operation of healthcare centres, creating a comprehensive, integrated healthy supply chain.

Mr. Eric Lim Taw Seong, CEO of UMC, maintains that the group of companies will continue to expand its coverage and offerings in different areas of the healthcare industry, in line with our vision, which is to provide an integrated healthcare supply chain with advanced technology, which ultimately improves the quality of human life.

The launch ceremony was highlighted by a showcase of Rescue Medic Ambulance Services, free basic health screenings, a facility and plant tour, and live demonstrations of UMC’s cutting-edge medical devices.

About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok, and YouTube.

About UMediC Group Berhad

UMediC Group Berhad (“UMC”) is an investment holding company. Through its subsidiaries, UMC is involved in the manufacturing, marketing and distribution of various medical & laboratory devices and consumables as well as the provision of after-sales services and medical services. UMC is a homegrown own-brand manufacturer for HYDROX prefilled humidifiers, AIRDROX series inhaler spacers and the recent introduction of its HYDROX prefilled nebulizers and FLEXIDROX water bag for inhalation. The HYDROX prefilled humidifiers hold Halal and Conformité Européenne (CE) certifications. Now, UMediC is expanding beyond product manufacturing and distribution to build a comprehensive healthcare ecosystem with the launch of the UMC Healthcare Centre, Rescue Medic Ambulance Services, and UMC Learning Centre.

SOURCE: Malaysian Investment Development Authority (MIDA)

FOR MORE INFORMATION, PLEASE CONTACT:
MIDA
Name: Ms. Wahida Abdul Rahman
Director, Healthcare, Education & Hospitality Division
Tel: +603-2267 6622
Email: wahida@mida.gov.my

UMediC Group Berhad
Name: Ng Sze Hui
Legal Compliance Advisor
Tel: 04-589 9676
Email: shng@umedichealthcare.com

--BERNAMA

GEESPACE ADDS 11 SATELLITES TO GEESATCOM FOR GLOBAL IOT EXPANSION

KUALA LUMPUR, Aug 15 (Bernama) -- Geespace, a Chinese commercial aerospace company, has announced the completion of the fourth orbital deployment of GEESATCOM, known as the Geely Constellation, launching 11 satellites from waters off Rizhao, Shandong Province, aboard a single rocket.

According to a statement, the constellation has grown from 30 to 41 satellites in a 600-kilometre orbit and is expected to reach 64 satellites within two months, enabling seamless real-time global data coverage, excluding the polars.

The GEESATCOM, which is independently developed and operated by Geespace, enables satellite Internet of Things (IoT) testing and inter-satellite communications for applications such as emergency communications, transportation and logistics, public infrastructure, and animal husbandry.

Leveraging a global footprint and open partnership model, Geespace has established collaborations with telecom operators in over 20 countries, particularly in the Middle East, Southeast Asia, Africa, and Latin America, and achieved 99.15 per cent communication success and 99.97 per cent network availability in POC testing.

In Malaysia, the joint venture ADISB, with local telecom operator ALTEL, is driving localised GEESATCOM services for the maritime, agriculture, and transportation sectors, as well as the energy sector.

As constellation deployment accelerates, Geespace will work with global ecosystem partners to drive the large-scale commercial adoption of low-Earth orbit satellite IoT communication technologies worldwide.

-- BERNAMA

Johor Plantations Group Reports 51% Profit Growth in 1H2025 on Higher Sales and Stronger External Crop Processing

Disciplined upstream practices and expanded sourcing drive robust half-year performance

JOHOR BAHRU, Aug 15 (Bernama) -- Johor Plantations Group Berhad (JPG) recorded a 51% year-on-year (YoY) increase in profit after tax (PAT) for the first half of 2025 (1H2025), reaching RM150.64 million. Revenue in 1H2025 saw a 12.6% increase to RM738.72 million, from same period last year (1H2024). While production volumes were lower YoY, the Group’s performance was supported by higher selling prices for both crude palm oil (CPO) and palm kernel (PK), alongside stronger outside crop purchase (OCP) that helped sustain throughput and strengthen profitability.

Following from this strong performance, the Board has declared a second interim dividend of 1.25 sen per share for the quarter, reflecting an EPS of 3.01 sen, rewarding its shareholders with a total dividend payout of RM31.25 million.

For 2Q2025, the Group posted revenue of RM398.29 million, up 10.4% from RM360.91 million in corresponding quarter last year (2Q2024). PAT increased by 50% to RM75.37 million, compared to RM50.26 million in 2Q2024.

· CPO Sales: Revenue from CPO increased 4.8% YoY in 2Q2025 to RM323.39 million, with delivery volumes up 1.9% to 74,667 MT.
· PK Sales: PK revenue surged 46.1% YoY to RM73.07 million, supported by a 2.1% rise in delivery volumes to 19,546 MT.
· OCP: JPG saw an 11.9% increase YoY in external crop purchases, reflecting the effectiveness of its strategy to boost OCP.

Commenting on the results, Mohd Faris Adli Shukery, Managing Director of Johor Plantations Group said: “We are pleased to report another strong performance, driven by disciplined efforts across our upstream segment and continued progress in expanding external crop sourcing.

At the same time, we continue to enhance operational efficiency, optimise our inventory, and manage costs proactively, all guided by our steadfast commitment to sustainability, which remains at the heart of our long-term value creation.

Looking ahead, while we remain mindful of potential demand-supply imbalances in the CPO market, we are confident in our ability to navigate these conditions. Our focus remains on optimising price realisation, sustaining production growth, exercising rigorous cost control, increasing processing volume and advancing our downstream expansion.”

As the Group moves into the second half of the year, JPG expects seasonal production growth and remains prudently optimistic in navigating market dynamics. With this, the Group is well-positioned to sustain its growth trajectory and deliver long-term shareholder value.

In addition, JPG announced a key leadership transition with the upcoming retirement of its Chief Financial Officer (CFO), Aziah Ahmad, as of 1 September 2025. Aziah has been a vital member of the Kulim (Malaysia) Berhad and Johor Corporation (JCorp) group since 2014, holding senior finance leadership roles. She played a pivotal role in strengthening JPG’s financial operations ahead of its IPO and in delivering the plantation industry’s first Sustainability-Linked Sukuk in 2024.

Zain Azrai Zainal Abidin will succeed her as CFO as of 1 September 2025. A Certified Public Accountant with over 27 years of experience, including more than a decade as CFO in several leading companies, Zain brings deep expertise in finance, strategy, treasury, investment management, stakeholder engagement, and audit. He joined the company in June as the Deputy CFO and has been working together with Aziah to ensure a seamless leadership transition.

About Johor Plantations Group Berhad

Established in 1978, Johor Plantations Group Berhad (JPG) is a subsidiary of Kulim (Malaysia) Berhad, which is a wholly owned subsidiary of Johor Corporation (JCorp). JPG is principally involved in the cultivation of oil palm and the production of crude palm oil (CPO) and palm kernels. Its core operations focus on owning, managing, and harvesting fresh fruit bunches (FFB) from estates located primarily in the state of Johor. JPG’s subsidiaries support its upstream activities through the production of biomethane, sales of oil palm seedlings, trading of palm oil products, and the supply of agricultural machinery, plantation-related products, training, and safety services.JPG was listed on the Main Market of Bursa Malaysia Securities Berhad on 9 July 2024. All of JPG’s plantations are 100% certified under the Roundtable on Sustainable Palm Oil (RSPO) and the Malaysian Sustainable Palm Oil (MSPO) standards. The company is also developing Integrated Sustainable Palm Oil Complex (iSPOC), a centralised processing and logistics hub to improve operational efficiency, traceability, and future downstream readiness. JPG has outlined a ten-year strategic roadmap focused on optimising upstream performance, expanding third-party crop sourcing, and supporting long-term sustainable growth.

For more information, please visit www.johorplantations.com

SOURCE: Johor Plantations Group Berhad

FOR MORE INFORMATION & RSVP, PLEASE CONTACT:
Johor Plantations Group Berhad
Name: Dalilah Ibrahim
Head, Corporate Communications
Tel: 012-328 1727
Email: dalilah@johorplantations.com

--BERNAMA

GN Launches World’s Smallest Rechargeable Super Power Hearing Aid

KUALA LUMPUR, Aug 12 (Bernama) -- GN has introduced the ReSound Enzo IA, described as the world’s smallest rechargeable Super Power hearing aid, offering significant improvements in sound quality for individuals with severe to profound hearing loss.

In a statement, the company said the device incorporates GN’s Organic Hearing philosophy, enabling users to understand speech more clearly in noisy environments without compromising size or battery life.

The new device features advanced noise management and what the company claims to be the world’s best feedback management system as supported by research from Cui and Groth.

GN President of Hearing division, Peter Justesen said the ReSound Enzo IA was developed after extensive engagement with people facing severe to profound hearing loss.

“With ReSound Enzo IA, we are empowering people to access the sounds that matter most, enabling them to participate confidently in conversations and stay connected with loved ones,” he said.

Powered by a 360 chip, the device uses machine learning-based artificial intelligence to process environmental sounds in real time and adjust settings automatically, easing the cognitive load for users.

In noisy environments, its Clear Focus beamformer is designed to isolate speech in front of the listener, delivering a 2.7 decibel (dB) improvement in signal-to-noise ratio over previous models.

The hearing aid provides up to 28 hours of battery life on a single charge, or 20 hours when streaming media for half the time. 

It supports Bluetooth Low Energy Audio and Auracast technology, enabling access to audio broadcasts in public venues via the ReSound Smart 3D app, and is compatible with accessories such as the Multi-Mic+ and TV-Streamer+.

ReSound Enzo IA and its equivalent model under the Beltone brand, Beltone Boost Max S, will be launched in the United States and Germany on Aug 21, with availability in additional markets to follow.

-- BERNAMA 

Picus Security Finds 46% of Enterprise Passwords Vulnerable to Cracking — 2X Increase From 2024

More Than 160 Million Attack Simulations in Live Production Environments Reveal Valid Credentials Are Easy to Steal and Nearly Impossible to Stop

SAN FRANCISCO, Aug 12 (Bernama-GLOBE NEWSWIRE) -- Picus Security, the leading security validation company, today released the Blue Report™ 2025, based on more than 160 million real-world attack simulations in live production environments. Now in its third year, the report provides a data-driven assessment of how well security controls perform against today’s threats — and this year’s findings are the most concerning to date.

While cyberattacks grow in both volume and sophistication, defensive effectiveness is declining. This year’s data paints a particularly grim picture: In 46% of environments, at least one password hash was successfully cracked, and data exfiltration attempts were only stopped 3% of the time, down from 9% in 2024. Combined, these trends show how quickly a single compromised credential can open the door to lateral movement and large-scale data theft. With infostealer malware tripling in prevalence and attackers increasingly bypassing defenses using valid logins, organizations face escalating risk from persistent and nearly invisible threats.

“We must operate under the assumption that adversaries already have access,” said Dr. Süleyman Ozarslan, co-founder of Picus Security and VP of Picus Labs. “An ‘assume breach’ mindset pushes organizations to detect the misuse of valid credentials faster, contain threats quickly, and limit lateral movement — which requires continuous validation of identity controls and stronger behavioral detection.”

Key Findings:

· Passwords cracked in nearly half of environments: In 46% of tested environments, at least one password hash was cracked — up from 25% in 2024 — highlighting continued reliance on weak or outdated password policies.
· Stolen credentials are practically unstoppable: Attacks using valid credentials were successful 98% of the time, making techniques like Valid Accounts (MITRE ATT&CK T1078) one of the most reliable ways to bypass defenses undetected.
· Data exfiltration prevention is near zero: Only 3% of data theft attempts were blocked — down 3x from 2024 — even as ransomware operators and infostealers ramped up double-extortion attacks.
· Ransomware remains a top concern. BlackByte continues to be the hardest strain to prevent, with a prevention effectiveness rate of just 26%. BabLock and Maori followed at 34% and 41%, respectively.
· Early detection is a significant blind spot. Discovery techniques like System Network Configuration Discovery and Process Discovery scored below 12% in prevention effectiveness, exposing gaps in detection efforts.

The Blue Report 2025 also reveals that prevention effectiveness declined from 69% in 2024 to 62% in 2025, reversing last year’s gains. And while logging coverage held steady at 54%, only 14% of attacks generated alerts, meaning that most malicious activity still goes unnoticed. Failures in detection rule configuration, logging gaps, and system integration continue to undermine visibility across security operations. The decline highlights how quickly defenses can degrade without continuous oversight and validation of security controls.

Methodology
The Blue Report offers empirical evidence of how well security controls perform in real-world conditions. Findings are based on millions of simulated attacks executed by Picus Security customers from January to June 2025. The simulations were conducted safely in live production environments using Picus’ Security Validation Platform and analyzed by the Picus Labs and Picus Data Science teams. The report also includes ecosystem and industry-specific findings and recommendations that can help companies reduce exposure and improve threat readiness.

To read the full findings and recommendations, download the Blue Report 2025.

About Picus Security
Picus Security, the leading security validation company, gives organizations a clear picture of their cyber risk based on business context. Picus transforms security practices by correlating, prioritizing and validating exposures across siloed findings so teams can focus on critical gaps and high-impact fixes. With Picus, security teams can quickly take action with one-click mitigations to stop more threats with less effort. Offering Adversarial Exposure Validation with Breach and Attack Simulation and Automated Penetration Testing, working together for greater outcomes, Picus delivers award-winning, threat-centric technology that allows teams to pinpoint fixes worth pursuing.

Follow Picus Security on X and LinkedIn.

Media Contact
Jennifer Tanner
Look Left Marketing
picus@lookleftmarketing.com

Images accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/3399fa33-7e80-494c-8d70-150c14da6698
https://www.globenewswire.com/NewsRoom/AttachmentNg/387b8fcd-aac8-4593-be9d-79985703484a
https://www.globenewswire.com/NewsRoom/AttachmentNg/a94c5fa9-32ce-499c-b863-3a0e8497a6ea

SOURCE: Picus Security

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PETRONAS AND DOSH MARK REGULATORY MILESTONE WITH LAUNCH OF SSI REGULATIONS 2025

(Middle) Ir. Haji Mohd Hatta Zakaria, Director General of the Department of Occupational Safety and Health (DOSH), together with Zamri Japar, Vice President of Group Health, Safety, Security and Environment, PETRONAS, and Bahrudin Mamat, Deputy Director General of Occupational Safety, DOSH, on stage during the launch of the Special Scheme of Inspection (SSI) Regulations 2025.

KUALA LUMPUR, Aug 12 (Bernama) -- PETRONAS, in collaboration with the Department of Occupational Safety and Health (DOSH), has launched the Occupational Safety and Health (Special Scheme of Inspection) Regulations 2025 or SSI Regulations 2025, marking a significant milestone in Malaysia’s occupational safety and health landscape. Gazetted on 20 January 2025, the SSI Regulations 2025 aims to elevate compliance standards and promote holistic asset integrity practices. By embedding risk-based inspection into the core of asset management practices, the regulations reinforce PETRONAS’ commitment to ESG principles, particularly in governance, health and safety.

Replacing the Factories and Machinery (Special Scheme of Inspection) (Risk-Based Inspection) Regulations 2014, the SSI Regulations 2025 adopts a more progressive approach in managing plant safety through systematic and risk-based inspection for certification of fitness.

“This launch marks more than the gazettement of a new regulation—it’s a commitment to collaboration, innovation and proactive enforcement. The partnership between DOSH and PETRONAS is a strong example of how regulators and industry players grounded in shared values of safety, sustainability and innovation, can align towards a common vision that spurs progress for the nation and beyond,” said DOSH Director General Ir. Haji Mohd Hatta Zakaria at the launch.

PETRONAS Vice President of Group Health, Safety, Security & Environment, Zamri Japar, said the SSI Regulations 2025 marks a paradigm shift in how safety and asset management are approached.

“The SSI Regulations 2025 represent a strategic shift from a traditionally reactive approach to one that is proactive and forward-looking. We are moving beyond conventional technical risk management toward a comprehensive, system-wide framework that strengthens safety, drives operational and technical excellence, and enhances long-term resilience, supporting both long-term resilience and our broader ESG commitments,” he said.

The SSI Regulations 2025 delivers substantial operational advantages by enhancing plant efficiency, minimising downtime and strengthening the culture of ownership and accountability in maintaining safe and reliable operations.

DOSH and PETRONAS are also working closely to ensure that the new regulations are clearly communicated and well understood across the relevant industries, reflecting a shared commitment to continuous improvement and self-regulation.

Issued by
Media Communications
Group Strategic Relations & Communications
PETRONAS

SOURCE: PETRONAS

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Estee Aina Huslan
Tel: 012-2283377
Email: esteeaina.huslan@petronas.com

--BERNAMA

QE 5.0 TO DRIVE MODERN TECHNOLOGY UNDER RMK-13

MPC proudly celebrates the commitment and achievements of its partners with the official presentation of recognition certificates, marking another milestone in driving productivity and excellence.

KUALA LUMPUR, Aug 12 (Bernama) -- The Malaysia Productivity Corporation (MPC) today introduced Quality Environment 5.0 (QE 5.0), an industry-designed, MPC-endorsed programme aimed at helping firms achieve measurable productivity gains in line with the RMK-13 target of 3.6% annual labour productivity growth.

This program was designed by MPC through collaboration with the management consulting team led by Mr. KT Ng.

Currently this program certifies 200 companies under QE 5.0, with early adopters already reporting stronger efficiency, employee engagement, and performance outcomes.

“QE 5.0 embeds a culture of continuous improvement to help firms achieve real cost savings and productivity gains,” said Professional Services Productivity Nexus champion, Ts. Choo Kok Beng.

“I see QE 5.0 as more than a programme. It is a movement to transform how Malaysian companies work, think, and grow. My vision is for every firm to see productivity not as a target, but as a culture that drives lasting success,” said KT Ng.

MPC Director General Datuk Zahid Ismail stressed that industry-led programmes like QE 5.0 are vital to meeting national productivity targets and positioning Malaysia among the top 12 most competitive nations by 2030.

Key Features of QE 5.0:

· Structured frameworks for workplace optimisation.
· Customised consulting support.
· Measurable productivity outcomes via leading and lagging indicators.
· Capacity-building for sustained improvement.

About Malaysia Productivity Corporation (MPC)
MPC is a statutory body under the Ministry of Investment, Trade and Industry (MITI). It drives national productivity holistically at the national, sectoral, and enterprise levels through three main thrusts: developing future talent, driving digitization and innovation, and building a robust ecosystem. It collaborates strategically with the private and public sectors by emphasising productivity as a key agenda to boost productivity growth and national competitiveness, ultimately leading to shared well-being and prosperity.

SOURCE: Malaysia Productivity Corporation (MPC)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nik Haneez Amizan bt Nik Rosdi
Tel: 019-7181804
Email: nikhaneez@mpc.gov.my

Name: Zaki Jaafar
Tel: 012-269 4835
Email: zeck@mpc.gov.my

--BERNAMA

VIVAX-METROTECH'S STATE-OF-THE-ART FACILITY CREATES 175 TECH JOBS IN PENANG

 

Grand Opening Group Photo

Expansion Strengthens Global Supply Chain and Boosts Southeast Asian Presence

PENANG, Malaysia, 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. The investment, valued at RM48 million will create 175 high-skilled jobs and enhance the company’s production capacity to support accelerating global demand.

The new facility features 16 assembly production lines and specialised clean room operations. This technological infrastructure enables the company to manufacture a range of precision technologies used in telecommunications, water, gas, and electrical utilities. This expansion strengthens Vivax-Metrotech’s global supply chain while reinforcing its presence in Southeast Asia.

"This investment by Vivax-Metrotech Corporation comes at the perfect time as Malaysia strengthens its high-tech manufacturing capabilities," says Datuk Sikh Shamsul Ibrahim bin Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA). "Their commitment aligns with the 13th Malaysia Plan, supporting the goals of the New Industrial Master Plan 2030. Beyond the RM48 million investment, what excites us most is how Vivax-Metrotech will create 175 quality jobs for Malaysians while helping build our advanced electronics ecosystem. MIDA will continue to facilitate Vivax-Metrotech's growth in Malaysia, ensuring they have the support needed to expand their operations and contribute to our industrial development."

Christian Stolz, CEO and Chairman of Vivax-Metrotech Corporation, said, “Malaysia’s proven track record in attracting leading high-technology companies combined with its forward-looking talent pool, exceptional commitment to quality and a strategic location made it a well-suited choice for expanding our manufacturing operations in South-East Asia.”

Mark Drew, President of Vivax-Metrotech Corporation, added, “Expanding manufacturing plays a crucial role in supporting our sales growth and strengthens our global supply chain resilience.”

Liming Zhang, General Manager of Vivax-Metrotech Shanghai Factory, noted, “Our priority is the ensure the Malaysian site operates seamlessly alongside our existing regional operations. With shared expertise, aligned processes and a strong foundation in precision manufacturing, this expansion reinforces our ability to deliver consistently and operate with the reliability our customers expect.”

This investment represents a key milestone in Vivax-Metrotech Corporation’s international growth strategy. With its second manufacturing facility now operational in Malaysia, the company is well-positioned to meet rising global demand while contributing meaningfully to Malaysia’s vision of becoming a high-value, innovation- driven industrial economy.

Refer this link for contact details and enquiries: https://tinyurl.com/3u8kvfbb

SOURCE: Malaysian Investment Development Authority (MIDA)

FOR MORE INFORMATION, PLEASE CONTACT:
MIDA
Name: Mr. Mazlan Mokhtar
Director
Electrical and Electronics Division
Tel: +603-2267 6655
Email: mazlan@mida.gov.my

Vivax-Metrotech Corporation
Name: Mark Drew
President of Vivax-Metrotech
Email: press@vxmt.com

--BERNAMA