Industry News

July 23, 2019
International Trade and Industry Minister Darell Leiking

Trade minister: Drastic 73pct increase to FDI in Q1 2019

Malaysia registered RM29.3 billion in approved FDI for the first quarter of 2019, representing a 73.4 percent increase from the same period last year.
July 23, 2019
Feng Lim, CEO of START Malaysia

Two Startup Ecosystem Developers in Mongolia and Johor, Malaysia Merges

START Mongolia and StartupJohor, the ecosystem developers in their own region, have merged together into a unified brand, START. The merger is unique as it combines the vision of building a global acceleration hub for startups in Johor region of Malaysia and becoming the gateway to global expansion for Mongolian startups.
July 23, 2019
Kota Iskandar Mosque

Exclusive: Johor’s plan to build a city powered by data

A massive new city is being quietly built in the state of Johor at the southern tip of continental Malaysia. Iskandar Malaysia, centered on the state capital Johor Bahru, is already six times the size of neighboring Singapore, and includes housing, industrial, and agriculture zones, amongst others.
July 23, 2019

KPMG survey: Robots will replace 1 in 5 jobs in 5 years

One of five jobs will be replaced by artificial intelligence (AI) and automation within five years, as organisations worldwide focus on utilising these technologies to improve efficiencies in their businesses, according to a survey.