Malaysia

While global semiconductor sales are projected to continue growing, TA Securities has maintained a cautious outlook on Malaysia's semiconductor sector given the lingering uncertainties surrounding US trade policy.

Artificial intelligence (AI) adoption among Malaysian manufacturers remains at an early stage, with just 26 percent of companies implementing AI solutions while the majority are still in the awareness or exploratory phase, a survey from the Federation of Malaysian Manufacturing (FMM) showed Wednesday.

JLand Group, the real estate and infrastructure arm of Malaysia-based Johor Corporation (JCorp) and Japan-based integrated trading and investment group Sumitomo Corporation, have teamed up to advance sustainable innovation in Johor’s Ibrahim Technopolis (IBTEC).

While Malaysia is positioning itself as ASEAN’s leading data center hub, Hong Leong Investment Bank Research said it must balance attracting investors with enforcing credible sustainability standards.

Malaysian government has partnered with Zetrix AI Berhad, a developer of Shariah-aligned large language model (LLM) NurAI, to collaborate on establishing the global framework for Shariah compliance, certification and governance in artificial intelligence (AI).

X-FAB, the Germany-based analog/mixed-signal and specialty foundry, has expanded its manufacturing site in Sarawak, Malaysia with $600 million investment.

Malaysia-based KLK LAND, a wholly owned subsidiary of Kuala Lumpur Kepong Berhad (KLK), has launched KLK TechPark, a 1,500-acre integrated industrial hub in Tanjong Malim.

Kaneka Malaysia Sdn Bhd and BAC Renewable Energy Sdn Bhd (BACRE) have teamed up to launch MYR 30 million ($7.13 million) biomass steam plant in Gebeng, advancing Malaysia’s renewable energy and energy transition roadmaps.

Petroliam Nasional Berhad (Petronas), a Malaysian oil and gas company, has successfully delivered Malaysia’s first blended sustainable aviation fuel (SAF) to KL International Airport (KLIA) for the Malaysia Aviation Group (MAG), establishing its in-house capability and readiness to provide continuous, scalable supply in Malaysia.

OCBC Malaysia, a unit of the Singapore-based OCBC Group, is investing over MYR 10 million ($2.37 million) a year in people development programs, with a significant focus on artificial intelligence (AI), reskilling and upskilling.