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NEWS TAGGED MALAYSIA
Tuesday 4 January 2022
RCEP helps auto suppliers cut costs
The Regional Comprehensive Economic Partnership (RCEP) taking effect on January 1, 2022 is likely to enhance regional trade of automotive components and products such as electric...
Wednesday 29 December 2021
Malaysia automotive industry working at full throttle on the final lap
After the country's lockdown was lifted in August, car factories and original equipment manufacturers (OEMs) have been boosting up their production and vehicle deliveries in fulfilling...
Tuesday 28 December 2021
Semco reportedly to build new ABF substrate capacity in Vietnam to serve Intel
Samsung Electro-Mechanics (Semco) reportedly will set up a new ABF substrate plant in Vietnam mainly to provide dedicated capacity for Intel, with construction slated to kick off...
Tuesday 28 December 2021
SPAC-merging SEA tech unicorns future remains in limbo
Southeast Asia's (SEA) first decacorn Grab slide more than 20% in its Nasdaq debut on December 2 following the company's record US$40 billion merger with a SPAC, Altimeter Growth...
Monday 27 December 2021
Floods in Malaysia to worsen chip shortages
Floods that hit multiple regions in Malaysia recently are expected to significantly undermine global chip supply on top of the existing shortages.
Monday 27 December 2021
Southeast Asia roundup: Tech giants eager to keep handset production lines running during holiday
Tech giants such as Apple and Samsung have been keen to keep their handset production lines om Vietnam running during the Christma period, offering incentives such as higher wages...
Friday 24 December 2021
Malaysia to go tax-free for electric cars
Malaysia is planning to exempt taxes for electric vehicles next year in an attempt to promote electric cars (EV). The proposal is expected to drive sales and increase major carmakers'...
Thursday 23 December 2021
NDK shuts 2 quartz plants in Malaysia due to flood damage
NDK has to suspend production at its two plants for quartz crystal and crystal blank components in Malaysia due to damages caused by floods locally.
Wednesday 22 December 2021
BESI lowers 4Q21 revenue due to severe flooding in Malaysia
Leading manufacturer of assembly equipment for the semiconductor industry, BE Semiconductor Industries N.V. (Besi) announced that due to flooding affecting its main production facility...
Thursday 16 December 2021
Intel to invest US$7 billion in new Malaysia plant
Intel has decided to invest more than US$7 billion in Malaysia to build new assembly and testing facilities, according to company CEO Pat Gelsinger.
Thursday 16 December 2021
Malaysia, Vietnam reopen with ongoing COVID risks and labor shortage
Malaysia and Vietnam reopened around September, allowing manufacturers to resume production. Things are gradually turning around as vaccination rates rise, but with the virus still...
Wednesday 15 December 2021
Rohm to build facility in Malaysia to increase capacity of analog LSIs, transistors
Rohm and Rohm Wako have announced a plan to build a new production facility at its manufacturing subsidiary in Malaysia, Rohm-Wako Electronics (Malaysia) to increase production capacity...
Monday 13 December 2021
Southeast Asia roundup: Metaverse opportunities rise
Southeast Asia is seeing a rise in business opportunities related to metaverse, while Singapore is in fourth place globally in terms readiness for autonomus driving services.
Wednesday 8 December 2021
SE Asia startups to reach US$1 trillion in valuation by 2025
Startups in Southeast Asia (SEA) are seeing more opportunities to grow in the post-pandemic era. The number of deals in SEA's tech startup scene in the first half of this year hit...