Mida
30% FDI boost expected in Penang: UOB
UOB Malaysia said that the number of its overseas clients, especially those from the electronics and semiconductor industries, investing in Penang will increase by 30% over the next 12 months.
GE launches Industrial Internet solutions, new KL centre
GE has announced the launch of Predictivity, its portfolio of Industrial Internet solutions, and also launched its KL-based oil and gas monitoring and diagnostics facility, the iCenter, one of three global centres set up in different time zones to ensure 24x7 monitoring and diagnostics services for its installed fleet of turbomachinery for customers throughout the world.
US$5.6mil Mida grant to boost Soft Space to next level
Soft Space International, whose mobile point of sale solution has been adopted by some of the major banks in the region, has been approved for a 1:1 matching grant worth RM18.4 million (US$5.6 million) by the Malaysian Investment Development Authority, a boost to the company's efforts to become a 'payment innovator.'
Gutor opens second facility in Malaysia, worth RM10mil
Schneider Electric has officially launched its subsidiary Gutor’s second manufacturing facility in Shah Alam in the central Malaysian state of Selangor, an RM10-million (US$3.1-million) expansion of the latter’s Asia Pacific headquarters.
Pioneering semiconductor player Globetronics still hungry
It was the hot startup of its era, but pioneering semiconductor player Globetronics, with an unbroken string of profitable quarters since its inception in 1991, doesn't look like slowing down yet. In fact, it is aiming to be a billion-ringgit revenue company by 2016.
Looking to build the E&E ecosystem
The Creative Product Development Program for Malaysian designers was launched recently with five industry partners and the Malaysian Investment Development Authority. Karamjit Singh examines the implications and the promise.
Opportunity in in-vehicle infotainment systems
Karamjit Singh looks into why CREST and Clarion Malaysia would organize an IVI solutions symposium, and why a trio of government agencies would support such an initiative.
Budget 2013 boost for angels and IP monetization
There was no specific funding support for the ICT sector in the 2013 Budget proposed by Malaysian Prime Minister Datuk Seri Najib Tun Razak, aside from the RM150 million (US$48.8 million) allocated to create 100 internet centers with high speed broadband for Malaysians to access. The funding will come via industry regulator the Malaysian Communications and Multimedia Commission or MCMC
