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NEWS TAGGED MALAYSIA
Monday 17 January 2022
Southeast Asia roundup: Startups in Vietnam attract US$1.3 billion in 2021
According to VNexpress, operating costs in Vietnam are among the lowest in Southeast Asia (SEA), and startups in Vietnam were able to attract large investments.
Monday 17 January 2022
Vietnam holds competitive advantages in Asia supply chain: report
Vietnam has the second-lowest operating costs among nine popular manufacturing locations in Asia and is a market with great potential for logistics development, according to a new...
Monday 10 January 2022
Importance of Southeast Asia semiconductor industry highlighted by COVID-19
The impact of COVID-19 on the global semiconductor industry has varied by region, as main chip production bases such as Taiwan and South Korea have dealt well with the pandemic. However,...
Thursday 6 January 2022
Malaysia starts 2022 with a bang: The first EV assembly plant
Melaka (Malaysia) is set to receive an RM1 billion (approximately US$238 million) investment from Fieldman EV (the electronic vehicle arm of Fieldman Group) for the development of...
Tuesday 4 January 2022
Simmtech complements semiconductor supply chain in Penang
There is no sign of South Korean-based Simmtech Holdings (Simmtech) holding back on building its first large-scale factory in Southeast Asia despite the ongoing pandemic.
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...