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National Chamber Of Commerce and Industry of (NCCIM) Webinar Malaysia: Reactivating the Russian- with Dato' Azman Mahmud, Opportunities Malaysian Cooperation: CEO of MIDA Beyond the Pandemic The Trade Representation of the Russian Federation in Malaysia COVID-19: A Catalyst Sustaining Quality for Malaysia's Investments in the Industry 4.0 New Normal

COVID-19: Opportunities for e-Learning Malaysia's Industry Lighthouse Project: The Beacon of Malaysia's Future Industries Events and Highlights Adapting for the Future: The Electronic Manufacturing Services Industry

Malaysia-Russia Business Council: Renewed Efforts to Enhance Economic Ties The Port of Tanjung Pelepas: Malaysia’s Technologically Advanced Container Terminal

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E-NEWSLETTE May R2020 Highlights Sustaining Quality Investments in the New Normal alaysia's move to break M the chain of infections through the implementation of the Movement Control Order (MCO) beginning 18 March 2020 is proving to be effective with Malaysia handling the situation relatively well. In tandem, to ensure the resilience of the country's economy, most of the economic sectors have been allowed to operate subject to strict adherence to health and safety guidelines.

The Ministry of International Trade and Industry (MITI) was at the forefront in providing Executive Officer of MIDA at Additionally, Bank Negara the necessary approval for the webinar session organised by Malaysia in its statement companies producing essential the EU-Malaysia Chamber on 13 May 2020 said the products and services to stay of Commerce and Industry country’s economic growth had in operation during the MCO (EUMCCI) on 14 May 2020. moderated to 0.7 per cent in period conditionally. the first quarter of 2020 amidst The webinar, entitled ‘How a challenging global economic “The Malaysian Investment Malaysia is Coping with COVID-19 and trade environment. The Development Authority (MIDA) and the Mitigation Measures: Malaysian economy is expected has been instrumental in the MIDA’s Role to Sustain Quality to gradually pick up in the evaluation process by providing Investment Post COVID-19 second half of 2020 as the pertinent inputs to MITI for the attracted more than 200 Government has started final approval to the companies. participants. easing MCO restrictions by While many of us work from allowing more economic home since the beginning of Dato’ Azman highlighted that, activities to operate under the MCO, we had many MIDA based on the survey conducted Conditional MCO (CMCO). officers stationed at MITI, by the Federation of Malaysian around the clock, to facilitate Manufacturers (FMM) and PRIHATIN Economic Stimulus the approval process for MIDA, the MCO has severely Package Supports Businesses companies to operate. During impacted the manufacturing MCO, MIDA continued to sector especially the 3+2 sectors, The PRIHATIN Economic evaluate investment applications namely electrical and electronics, Stimulus Package that has been as well as applications for import chemical, machinery and put in place by the Government duty and sales tax exemptions. equipment, aerospace and does not only address the The National Committee on medical devices. The estimated adverse health and social Investment (NCI) also considered impact from the survey includes impact of the on-going COVID- investment applications every RM21 billion in financial losses, 19 outbreak but also supports week through circulation,” said RM40 billion in export losses and businesses through an RM100 MDato’ AzIman MDahmud, CAhief 190,000 job losses. billion allocation.

E-NEWSLETTEMay 202R0 | 1 Some measures within the A significant initiative to be Our local companies are well stimulus package that are undertaken by MIDA is the supported by the Government relevant to companies include: establishment of a mechanism to be reliable suppliers in the in MIDA to facilitate all MNCs’ supply chain network,” Monthly wage subsidy, necessary approvals required said Dato’ Azman. between RM600 to RM1,200 at the federal, state and local for employees earning less authorities’ levels. This is to In closing, Dato’ Azman than RM4,000 per month; ensure speedy implementation emphasised, “MIDA assures A reduction of 25 per cent for of manufacturing projects. our EU investors that once we the levy on foreign workers overcome this challenging for all companies with work The Ministry of Finance (MOF) chapter, Malaysia will be permits that expire during has set up a focus group to stronger in rebuilding its the period of 1 April to 31 formulate the nation’s Short competitiveness and will remain December 2020; and Term Recovery Plan. Out of the a strategic investment location Accelerated capital allowances six sub-working groups, MIDA in Asia. With this goal in mind, over two years, on machinery is contributing significantly MIDA will continue working and equipment including ICT. to four sub-groups, namely closely with the Chambers to the Healthcare Operational support the growth of their Turning a Setback Into a Requirements, Building members’ businesses in Comeback Capabilities and Providing Jobs, Malaysia.” Growth and Resilience of Our “Malaysia will remain an Companies, as well as Short Watch the full video on investor-friendly destination Term Growth and Investor @OfficialMIDA YouTube channel: for long term growth, for both Confidence. https://www.youtube.com/watch foreign and domestic businesses ?v=xdjXpHflav8 alike. As highlighted by the "One of the main challenges Prime Minister of Malaysia, arising from COVID-19 is the reopening of economic the issue of supply chain sectors will be followed by the disruptions. In making implementation of Malaysia's companies’ supply chain more economic recovery strategy. resilience, Malaysia is offering The Government and the private itself as a new alternative base sector will need to strengthen for Asia. We look forward our partnership to revitalise to having more European and reform the nation's companies enhancing their economy in facing the new existing operations in Malaysia. global landscape post COVID- 19,” said Dato’ Azman.

MIDA

E-NEWSLETTEMay 202R0 | 2 Highlights

capability. Some companies require capital injection for National Chamber expansion, structured financing for new projects, joint venture Of Commerce and partners or merger and acquisition. During the webinar session, Dato’ Azman launched Industry of Malaysia the latest MIDA’s initiative, namely the Malaysia’s (NCCIM) Webinar Lighthouse Project, and invite local companies to be onboard in integrating themselves in with Dato' Azman these lighthouse operations.

Mahmud, CEO of The Lighthouse Project consists of industry players that have taken Smart Manufacturing MIDA technology from pilot to he Malaysian Investment economy post COVID-19. To integration at scale, thus T Development Authority reduce the economic impact achieving significant financial (MIDA) organised a live webinar of COVID-19 and sustain and operational benefits. The session with the National businesses, the Government term “lighthouse” denotes that Chamber of Commerce and continuously seeks new these factories can act as Industry of Malaysia (NCCIM) on approaches and strategies beacons to guide their supply 21 May 2020. The session, which to facilitate the growth and chain and others that are still featured a keynote address by competitiveness of local looking to apply technologies Dato' Azman Mahmud, CEO of companies, particularly SMEs, such as artificial intelligence, MIDA was joined by Tan Sri Datuk in the domestic arena and additive manufacturing and Ter Leong Yap, President, NCCIM; global markets”. advanced analytics as well as Dato’ Low Kian Chuan, Secretary overcoming challenges in General NCCIM; Mr Tan Weng The Government, through upgrading existing production Hock, Managing DirectorMalaysia, MIDA, has also provided more systems. United BC Team Sdn. Bhd. (UBCT); opportunities for companies Mr. Mohd Shazlan Bin Mohd to move towards digitalisation This also forms part of MIDA’s Anwar, Group Managing Director, or Industry 4.0 through various continuous effort in driving the Virtual Instrument and System initiatives, particularly for initiatives of Malaysia’s national Innovation Sdn. Bhd. (VISI). the SMEs. MIDA encourages policy on Industry 4.0, into SMEs to tap into MIDA’s Domestic reality. The full video is The webinar discussed Investment Coordination Platform accessible at: on matters relating to the (DICP) which provides the missing https://www.facebook.com/4561 impact of COVID-19 and the link between businesses, funding 09417812491/posts/2945078155 Movement Control Order (MCO) technology and research 582259/ on the economy, as well as the measures and support undertaken by the Government to mitigate the adverse impact of the pandemic.

According to Dato’ Azman, “As we now have moved into the next phase, it is time to Reboot, MRestart Iand RDevitalise ouAr

E-NEWSLETT EMay 202R0 | 3 Highlights Malaysia: Opportunities Beyond the Pandemic he Malaysian Investment to the country’s favourable T Development Authority performance. emerged (MIDA) participated as one of on top with an index score of the panellists in the webinar 85. The survey assessed the entitled ‘Post Covid-19 Economic response of governments Situation Prediction in Malaysia’, across four key performance organised by the Chinese indicators such as national Enterprises Chambers of political leadership, corporate Commerce in Malaysia (CECCM) leadership, community and on 15 May 2020. The session media. attracted a total of 14,200 views on CECCM, and the Associated Since 2016, China has been Chinese Chambers of Commerce Malaysia largest source of and Industry of Malaysia foreign investment in the (ACCCIM)’s Facebook pages. manufacturing sector for four industries such as electrical and consecutive years. In 2019, electronics, machinery and Ms. May Lim Ming Yee, Senior a total of 79 projects with equipment, chemicals, medical Deputy Director of Foreign participation from China were devices and aerospace. Investment Promotion Division approved with investments who represented MIDA at the totalling USD3.74 billion Despite COVID-19 disrupting Webinar, shared a topic on (RM15.3 billion). These projects businesses globally, Malaysia ‘Investment Environment in are expected to create 14,174 remains an investor-friendly Malaysia’. MIDA highlighted jobs. location for the long term that the Malaysian Government business growth. Malaysia has taken pro-active and At least 21 Chinese companies and China share common responsive measures in of Fortune Global 500 and 54 interests and great potential balancing public health, Chinese Companies of Fortune benefits for the future. Malaysia economic sustainability and China 500 have established their welcomes more quality the livelihood of the people. operations in Malaysia. To date, investments focusing on high Almost all economic sectors MIDA had approved a total technology, high value-added, have been allowed to operate of 100 Global Establishments knowledge and capital intensive subject to strict adherence to with Chinese interest with from China. health and safety guidelines. investments amounted to USD28.4 million (RM105.5 In closing, Ms. May assured the A recent survey by Singapore’s million). These establishments webinar audience that MIDA, leading social research agency have created 398 jobs in the especially its offices in Beijing, Blackbox Research and a country. Shanghai and Guangzhou stand technology company Toluna ready to tenaciously work on the sentiments of citizens The Eleventh Malaysia Plan alongside Chinese investors from 23 countries and regions is very much in line with the and industry stakeholders in towards their COVID-19 crisis Chinese government’s Made in embracing the new normal to management efforts has placed China 2025 policy that seeks to remain competitive in the global Malaysia fourth with a 58 index upgrade its manufacturing marketplace. The full session of score, ahead of its neighbours base by rapidly developing high- the Webinar can be accessed at: namely Indonesia and Singapore. technology industries. Currently, https://www.facebook.com/1259 MMalaysiaI’s cauDtious approAach both countries are focusing on 754840787466/videos/17358042 in handling the crisis was key global high-tech manufacturing 7321273/

E-NEWSLETT MEay 2020R | 4 Highlights

adoption of automation and digitalisation of business COVID-19: A Catalyst processes. This includes the call for companies to leverage the for Malaysia's various incentives and facilities offered to embrace Industry 4.0.

Industry 4.0 UK Investments in Malaysia he COVID-19 pandemic has opportunities arising from T proven that digitalisation the low-touch economy. The United Kingdom (UK) and automation is a necessity and Malaysia have had a long, to ensure business sustainability. As a dynamic country, Malaysia fruitful bilateral relation. UK is At the webinar session entitled is well-positioned to seize among the major investors in “COVID-19: A Catalyst for opportunities within the low- Malaysia with 467 manufacturing Malaysia’s Industrial Revolution touch economy. New economic projects implemented across (IR) 4.0”, organised by the opportunities include: the country, accounting for British Malaysia Chamber reorientation of the global RM10.16 billion (USD2.97 billion) of Commerce’s (BMCC) supply chains from low in investments. These projects webinar on 22 May 2020, Mr. efficiency to resiliency; have also created 39,338 jobs. Sivasuriyamoorthy Sundara Raja, higher demand for medical Executive Director of Investment products to enhance In 2019 only, MIDA approved Promotion, MIDA updated the healthcare capacity; and UK investments of RM1.7 billion participants on investment greater reliance on technology (USD431.7 billion). An example opportunities in the country and to enable higher consumption of a recent investment from Malaysia’s journey towards of digital services. the UK is Smith+Nephew that embracing the new normal with will establish its high-tech IR4.0. Embracing Lighthouse Concept orthopaedics manufacturing in Malaysia facility in Pulau Pinang The session also featured with over RM1.0 billion in speakers from the Federation of Notwithstanding the current investments. Malaysian Manufacturers (FMM) business climate, the and Serba Dinamik. They shared Government continues to As Malaysia’s fundamentals their insights on IR4.0 and encourage companies to remain intact, Malaysia is Malaysia’s growing capabilities embrace Lighthouse Concept, expected to attract more in the field. ie. to engage in innovative and quality investments from productive activities such as the the UK. Emerging Opportunities Post COVID-19 in Malaysia

With the reopening of the economy, the Government is drawing up the Economic Recovery Plan to support local investors, retain existing investors and attract new potential investors to Malaysia.

This poses exciting prospects as the COVID-19 pandemic is shaping a new generation Mof manuIfactuDrers, one wAho is attentive to the emerging

E-NEWSLETT MEay 202R0 | 5 Highlights Malaysia's Lighthouse Project: The Beacon of Malaysia's Future Industries Many companies are applying guide others in overcoming reset their benchmarks for the Fourth Industrial Revolution challenges in their production operational and financial key initiatives in manufacturing. systems through the adoption performance indicators (KPIs). Still, few managed to integrate of leading-edge technologies In tandem with this, lighthouse Industry 4.0 technologies at scale such as artificial intelligence, factories can create a better, to escape from the inertia of additive manufacturing and cleaner world through “pilot purgatory”, thus unable to advanced analytics. new levels of efficiency in bring manufacturing innovation manufacturing and its related to realise significant economic WEF and McKinsey launched ecosystem. and financial benefit. Since 2016, the Global Lighthouse the World Economic Forum (WEF) Network[1] in 2018 as a research Escaping from “pilot purgatory” in collaboration with McKinsey collaboration to bring together remains a challenge for & Company (McKinsey) have the most advanced factories in Malaysian companies seeking been monitoring the progress the manufacturing world for a to achieve the transformational of advanced manufacturing cross-company learning journey. impact of the Fourth Industrial worldwide to identify leading The network identified 44 Revolution. The secrets of organisations with key factors lighthouse factories; 14 of which scaling lie in the fact that the that differentiate them as the are recognised as end-to-end Lighthouses not only create front runners of the Fourth (E2E) lighthouses, integrating a new operating system that Industrial Revolution – the manufacturing innovation from becomes the standard blueprint “Lighthouses”. their suppliers through to their for the entire company. They customers and beyond. also stay focused on innovating This selected group of and transforming one value “lighthouses” have taken their By embracing the principles of chain first, before scaling their smart manufacturing journeys the Lighthouse model, industries capabilities to other parts of the from pilot to integration at can jumpstart the current business. scale, serving as beacons to productivity stagnation and

MIDA The Global Lighthouse Network includes 44 sites where Fourth Industrial Revolution/ Industry 4.0 technologies are successfully deployed at scale (Source: McKinsey & Co.) E[1] h-ttps://wwNw.weforum.orgE/projects/glWobal_lighthouse_neStwork LETT MEay 2020R | 6 Referencing Mckinsey’s Insights impact with the minimal Injectors of human capital ‘Lighthouse’ Manufacturers Lead replacement of equipment. Lighthouses are injectors the Way - Can the Rest of the Most of the lighthouses were of human capital. Contrary World Keep Up?’[2], lighthouses created by transforming to widespread concerns embody several distinct existing brownfield operations about worker displacement, characteristics, which include: through optimising existing lighthouse factories are infrastructure, retrofitting not deploying technologies Technology diffusion that existing machines to be to replace operators includes both large and compatible with new with machines, but are small companies technology, and augmenting transforming work to make Fourth Industrial it with modern machinery. it less repetitive and more Revolution innovation is interesting, diversified and accessible not only to large Open innovators and productive. organisations but also to collaborators SMEs, which can achieve Lighthouses are open Industry leaders that are transformative impact by innovators and collaborators. resetting benchmarks focusing on pragmatic They engage in an innovation Lighthouses are resetting solutions that do not require network comprising industry benchmarks for the large investments. the industry, business, manufacturing sector government and the social as they are prioritising new Located in both emerging sector, including academia. operational and financial and developed economies KPIs. Efficiency increases as Lighthouse is not an exclusive Scalable technology companies employ different domain of developed platform use-cases to transform their economies. Adoption of Technology adoption at operations and lead the Industry 4.0 technologies scale can have a radical broader manufacturing for smart manufacturing impact on organisations. community to accelerate an are also paying off in the Lighthouses would be able end-to-end transformation. manufacturing sectors of to showcase successful emerging economies that integration of several use- have been benefitting from cases in an agile working As the Government recognises low labour costs. mode, which allows them to the prospects of local companies do proofs-of-concept in a in driving the economic growth High impact with the short time period, improve of Malaysia, MIDA would minimal replacement of the solution based on findings like to encourage industry equipment and go quickly from pilot to stakeholders to take proactive Lighthouses achieve high scale-up.

MIDA

E[2] h-ttps://wwNw.mckinsey.comE/business-Wfunctions/operationSs/our-insigLhts/lighthouEse-manufacTturers-lead-tThe-way MEay 202R0 | 7 STEP 1 STEP 2 STEP 3 Influence Ecosystem Pilot Phase Integration at Scale 4 Walls Lighthouse Growth, Connectivity Model with Supply Chain End-to-end Lighthouse Model

Malaysia’s Lighthouse Project aims to accelerate industry transition towards the future of manufacturing by deploying technology,transforming the workforce and scaling an end-to-end supply chain beyond the pilot phase. (Source: MIDA)

steps to leverage on the Malaysia’s national policy on line workers will play valuable available Government support Industry 4.0, towards reality. roles as problem-solvers and to be trusted suppliers of the innovators. This presents the Lighthouses’ supply chain This is in line with the current opportunity to create a future network. MIDA is looking national Industry4WRD policy workplace that attracts and forward to having more local for industries to adopt the latest excites the best and brightest companies to integrate into digital technologies and further of the next generation. lighthouse operations. accelerate towards the future of manufacturing by deploying Companies who are interested MIDA has taken a proactive technology, transforming the in being part of the Lighthouse step to embrace the Lighthouse workforce and scaling beyond On-Boarding project are initiative by introducing the pilot phase. The Lighthouse welcome to register their Malaysia’s Lighthouse Project initiative presents real-world interest at MIDA’s website: during a webinar session with evidence to dispel widespread https://www.mida.gov.my/home/ the National Chamber of myths and misunderstandings malaysias-lighthouse-project/ Commerce and Industry of that pose as obstacles to the posts/. This project offers Malaysia (NCCIM) on 21 May adoption of innovative an unrivalled opportunity 2020. The Lighthouse Project technologies at scale. to not only highlight the aims to reposition Malaysia transformational efforts of to be among the top global Companies and governments advanced manufacturers manufacturing nations through can work in partnership but also to create a shared the adoption of Industry 4.0 to ensure the diffusion of learning journey that will help technologies as well as to assist technology and its subsequent manufacturers of all sizes existing companies from various benefits. A lighthouse network around the world and across industrial sectors to transform has the potential to transform value chains to capitalise on and emerge as lighthouses. factories into creative, the positive potential of the This also forms part of MIDA’s entrepreneurial and exciting Fourth Industrial Revolution McontinuIous eDffort in drivAing the places to work. If appropriately journey in Malaysia. initiatives of Industry4WRD[3], trained and up-skilled, today’s

E[3] h-ttps://wwNw.miti.gov.my/Eindex.php/pWages/view/4832 SLETT MEay 2020R | 8 Highlights Reactivating the Russian-Malaysian Cooperation ussia is blessed with vast beneficial bilateral relations. R natural resources such as This is reflected by the growth oil and gas, iron and steel as of bilateral trade between both well as wood and forestry. nations by more than 7 per Today, Russia is among the cent to RM12.8 billion in 2019. world's leading producers of This is further highlighted Nikita Ponomarenko oil and natural gas and a top by Russia's position as the Trade Representative of the exporter of metals such as largest investor in Malaysia's Russian Federation in Malaysia steel and primary aluminium. manufacturing sector from the Russian companies are also Commonwealth of Independent interactions between the trendsetters of technology States (CIS) member countries. countries. in niche industry segments such as aerospace, energy Furthermore, the establishment The Senior Russian government generation, machinery and of the Joint Russian-Malaysian authorities and private sector equipment, weapon and Commission on Economic, representatives have actively military, given their intense Scientific, Technical and Cultural joined exhibition events in focus on research and Cooperation was an important Malaysia. For example, a wide development activities. step in boosting investment range of Russian high-tech flows. The first meeting companies participated in Over the years, Russia and of the intergovernmental the Langkawi International Malaysia have established commission which took place Maritime and Aerospace a long and rewarding in Moscow in October 2019 gave Exhibition, Defense Cervices partnership. The two countries a new pulse to the bilateral Asia and the Malaysia Oil and continue to develop mutually relations, further enhancing Gas Services Exhibition.

MIDA

E-NEWSLETT MEay 2020R | 9 Notably, in November 2019, a large-scale business mission of Russian companies to Malaysia was organised in tandem with the Russia Trade and Business Investment Forum. Under the auspices of the Ministry of Industry and Trade of the Russian Federation, over 40 Russian companies visited Malaysia, and the delegation was represented by esteemed players in the field of aircraft construction, shipbuilding and railway transport.

During the Forum, modern models of civil aircraft, helicopter technology, sea and river vessels, locomotives and wagons, air navigation equipment, air and sea traffic control systems, as well as coordinate all investment-related collaborations with Malaysian information and physical activities in Malaysia, officials partners will prove to be infrastructure security from MIDA closely facilitated valuable. Among the latest solutions, were presented. the Russian companies, offering pursuits involve creating prompt and reliable assistance technological partnerships in With the support of the while displaying high levels of the field of 3D printing and Ministry of International professionalism. aerial drones. Trade and Industry (MITI) and the Malaysian Investment It is important to note that There are already successful Development Authority (MIDA) Russian companies investing examples of Russian-Malaysian on the sidelines of the business in Malaysia are not merely business collaborations, such as mission, a briefing for Russian providing black-box solutions. the production of energy companies was held. The topics They are ready to assist efficiency, high-speed data covered during the briefing Malaysian partners in creating transmitters, smart lighting, include measures to facilitate joint systems of informational as well as traffic monitoring the investment and localisation security and protection of critical systems. These locally produced of foreign companies as well infrastructure by cooperating in products are being introduced as special tax and tariffs R&D, engineering education and globally, particularly to the preferences. training. Russian, European and ASEAN markets. This undertaking witnessed Additionally, with Russian fruition a few months later companies' focus on the most Currently, the Trade with the registration of new promising and breakthrough Representation of the Russian Russian companies in Malaysia. technologies such as advanced Federation in Malaysia, together These companies were from digital production technologies, with MIDA, is preparing the the high-tech spheres such industrial Internet of Things, ground for future cooperation as telemedicine, smart city, robotics, big data analysis, for both countries' technological Industry 4.0, cybersecurity and neuro-technology and artificial ecosystem. Among the potential 5G data transmission. Staying intelligence, systems of the area of collaboration include Mtrue to iIts repDutation of bAeing distributed registry as well as the management of companies a "single window" agency to virtual and augmented realities within free economic zones,

E-NEWSLETTMEay 2020R | 10 industrial clusters and and the Russian- Despite the positive trends in technological parks. The Malaysian Business Council bilateral trade and economic highlight of this venture will be headquartered in Moscow are relations, the full potential of the establishment of a Russian- taking the instrumental role cooperation between Russia Malaysian High-Tech Centre in and proactive approaches. and Malaysia have yet to be Malaysia. It will be a permanent The two organisations actively developed. Moving forward, the B2B platform to demonstrate facilitate business dialogues Trade Representation of the advanced Russian between the entrepreneurial Russian Federation in Malaysia developments focusing on e- communities of both nations will continue to take every effort government, cybersecurity, by regularly holding business to activate and develop the smart cities, Industry 4.0, matching, forums and meetings. cooperation between Russia unmanned vehicles (aerial, Given the present business and Malaysia. automotive and marine) and climate surrounding the artificial intelligence solutions. COVID-19 pandemic, virtual For additional information forums have also become an about Russian-Malaysian As both nations strive to further increasingly popular tool to business activities or to develop bilateral relations, the build investors' confidence submit proposals for future Malaysian-Russian Business and update stakeholders. undertakings, please contact Council headquartered in [email protected].

MIDA

E-NEWSLETT MEay 2020R | 11 Industry Adapting for the Future: The Electronic Manufacturing Services Industry

hifting customer demands, These two growth areas Homegrown EMS companies S changing global landscape represent exciting opportunities such as BCM and Scope and continuous technology arising from the rapid Manufacturer (M) Sdn. Bhd. enhancement are crucial advancements in the cyber world have also established their elements that shape the role, and its borderless society. niche as notable EMS providers, processes and capabilities of particularly in the PCBA industry. the electronic manufacturing Leading EMS companies, many Other local champions such as services (EMS) industry. Printed of whom rank among the top Globetronics and Carsem are circuit board (PCB) assembly 50 companies worldwide have renowned players in the EMS is the primary manufacturing established their footprint in supply chain, providing their activity of EMS companies, and Malaysia. These include Jabil, expertise in the area of this segment is continuously Sanmina-SCI, Plexus, Celestica, integrated circuits and evolving as components are Flextronics and Benchmark. semiconductor packaging. being consistently minusculed with the introduction of more compact new devices. This, in turn, requires changes to be made to the process of mounting electrical components to the PCB such as the Surface Mount Technologies (SMT) to ensure the final assembled PCB is equipped to be used in complex and high technology products.

Malaysia, with its esteemed reputation for an abundance of a well-trained workforce, developed infrastructure, efficient telecommunication systems and continued commitment to R&D, presents an attractive location for EMS providers. The country’s sound information technology infrastructure also enables EMS companies to tap onto opportunities in virtual manufacturing and Industry M4.0 impleImentDation. A

E-NEWSLETT MEay 2020R | 12 Today, the PCB assembly industry efficiencies of Industry 4.0 to review their current operations is in a state of disruption. With make manufacturing and the in line with the changing industry product life cycles becoming supply chain ‘smart’. demands. The Government’s increasingly shorter, there is an facilities such as the accelerated urgent need to create ingenious Many multinational and local capital allowances over two-year products and services with companies have started their period on machinery and superior cost-effectiveness and journey of adopting automation equipment including ICT, Industry agile adaptability. and Industry 4.0 elements to 4.0 (Industry4WRD) incentive, remain relevant in the future. intervention fund, domestic With constant innovations, it is Made to order, smart materials, investment strategic fund (DISF) no surprise that the EMS industry collaborative working and and high impact fund are already outspends all other industries Industry 4.0 technology are in place. Companies should take in research and development some key areas EMS companies advantage of all available (R&D) and has a track record of need to prioritise to ensure facilities and programmes that consistent spending in design continual success. Additionally, are made available by the and development (D&D). EMS EMS companies also need to Government to grow their high providers have also been more expand their capabilities to be value and substantive activities tenacious in implementing ubiquitous, remaining relevant in the country and be reliable strategic initiatives to remain for the increasingly diverse suppliers in the global supply competitive and successful customer segments. chain network. Find out more worldwide. This includes the on Malaysia’s Industry4wrd implementation of the big More Malaysian-based EMS initiatives at data analytics, automation companies are expected to https://www.mida.gov.my/home/i and improved connectivity jump on the bandwagon and ndustry4wrd-incentives/posts/.

MIDA

E-NEWSLETT MEay 2020R | 13 Services

E-learning is a technology trend COVID-19: which provides opportunity for long-life learning and requires Opportunities for digital literacy readiness. The Malaysia Education Blueprint 2015-2025 (Higher Education) e-Learning Industry highlighted priorities of digital literacy, critical thinking and alaysia's higher education of 692,355 students (52.3%) in problem solving as the 21st M system is undergoing a 20 public universities and branch century learning skills that will comprehensive transformation campuses while 633,344 (47.7%) help students to thrive in the and has matured significantly. are in over 400 private HEIs era of IR4.0. It can be carried out The curriculum and teaching (PHEIs). As for international through various platforms such methods are being revamped students’ enrollment, over 70 per as multimedia mobile devices with new critical elements such cent (92,415 students) are in with added features of Virtual as experiential learning, future- PHEIs, and 30 per cent (39,099 Reality (VR), Augmented Reality ready curriculum, and lifelong students) are registered in public (AR), Mixed Reality (MR) and learning mind-set to develop universities. Malaysia aims to Artificial Intelligence (AI). future-ready graduates. continue positioning itself as Graduates’ skillsets are also an international education hub, In response to the New Normal further enriched to embrace targeting 250,000 international resulting from the pandemic, opportunities within the gig students by 2025. Malaysia’s higher learning economy. institutes jump-started their The unprecedented outbreak initiatives in adopting e-learning According to the Ministry of of the COVID-19 pandemic approaches, denoting on Open Education (MOE)’s ‘The Way has contributed to the rise and Distance Learning (ODL) Forward for Private Higher of e-learning. As Professor practices. In general, ODL is the Education Institutions: Education Dr. Abdul Karim Alias, Director emerging trend to access quality as an Industry (2020-2025)’, as of Centre for Development of education, lifelong learning of 30 September 2019, there Academic Excellence (CDAE) at opportunities, flexible modes of were a total of 1,325,699 students Universiti Sains Malaysia (USM) learning and conducive learning pursuing their tertiary education emphasised, “Online learning environment for young school in higher education institutions and online education are no leavers, university communities (HEIs) in Malaysia. This consists longer an option – it’s a must.” and the working population. Students participate in online lectures, tutorials and self- directed online learning; while online tests and assignments allow students to instantly review the marks and feedback to help them improve in their next sittings.

There are over 10 specific institutions which offer Open and Distance Learning programmes in Malaysia, each significantly contributing towards achieving Malaysia’s goal in human capital development. Open University MIDA Malaysia (OUM) is one of the earliest e-learning institutions

E-NEWSLETTMEay 2020R | 14 in the country with operations throughout the country is institutions all over Malaysia. since 2001. From its first intake required. Additionally, MOE’s of 753 students, OUM has online learning readiness survey Furthermore, e-learning offers produced over 85,000 graduates. on March 2020 indicated that huge business opportunities Other ODL institutes include access to gadgets at home as one among technology providers. Wawasan Open University of the main factors to increase Global support by Scribd, Audible (WOU), GlobalNxt University, digital literacy for students. Stories, Cambridge University Asia E-University, SEGi University, Press and Jstor to offer free Veritas University College, MAHSA To address these challenges, services of e-books, textbooks, University, UNITAR International the Malaysian Communications audiobooks and research journals University, Universiti Tun Abdul and Multimedia Commission further complements the global Razak (UNIRAZAK), Al-Madinah (MCMC) launched the National e-learning momentum, especially International University (MEDIU) Fiberisation and Connectivity during these uncertain times. and Genovasi University College. Plan (NFCP 1) on 19 September 2019. This initiative targets to To effectively harness new Similar to ODL institutes, premier provide average internet speed learning trends, higher public universities in Malaysia of 30Mbps in 98 per cent of education institutions need to such as Universiti Sains Malaysia populated areas by 2023 as well invest in education technology (USM), Universiti Utara Malaysia as have fibre network passes 70 infrastructure and network. (UUM), Universiti Malaya (UM), per cent of schools, hospitals, In achieveing this, the Malaysian Universiti Teknologi Malaysia libraries, police stations and Investment Development (UTM) and Universiti Teknologi post offices by 2022. Authority (MIDA) encourages MARA (UiTM) have also been local and foreign investors to offering e-learning through The Government will also embark tap on investment opportunities Massive Open Online Courses on a 5G network roll out in in this online education sector. (MOOCs). USM, for example, various states with fibre optics MIDA also welcomes more have been using this teaching infrastructure development and companies to venture in new module for the past 17 years. digital application ecosystem. growth areas of high value-added, This will potentially broaden knowledge-based technology To ensure the effectiveness of deployment and greater in creating a conducive and e-learning among students and accessibility of e-learning engaging lifelong learning teachers, adequate hardware and through connected devices in environment in Malaysia. high accessibility to the internet homes, offices and educational

MIDA

E-NEWSLETTMEay 2020R | 15 Special Feature The Port of Tanjung Pelepas: Malaysia’s Technologically Advanced Container Terminal

The Port of Tanjung Pelepas (PTP) is Malaysia’s most prominent port with a technologically advanced container terminal. A joint venture between MMC Corporation Berhad and APM Terminals, the port was developed as a green- field investment on an area which was previously a fishing village. Strategically located at Tanjung Pelepas of Gelang Patah, PTP is well positioned at the southwest shoulder of from the confluence of the busiest international shipping lanes that go through the Straits.

The area surrounding PTP is of advantage with natural factors such as it being located in a sheltered bay with no tide restriction and with Marco Neelsen Chief Executive Officer naturally deep drafts. With a 12.6km access Port of Tanjung Pelepas channel and a turning basin of 600m, it takes shipping vessels only 45 minutes to divert into The historic calling of MSC Gulsun at PTP also led the port. Being a single terminal port operator, to another world breaking record. The MSC PTP has achieved remarkable success by vessel left PTP on 28 July 2019 with a record load becoming one of the world’s busiest container of 19,574 TEUs, surpassing the previous record ports in less than just 20 years since its opening. load of 19,284 TEUs set by the Monaco Maersk in Currently, PTP holds the 18th position among the June 2019. These achievements are testaments top 100 ports in the world. that the logistics sector is of paramount importance in facilitating global trade and will be In 2019, a significant milestone was achieved the forefront of Malaysia’s economy moving when PTP became the first and only port in forward. Southeast Asia to welcome Mediterranean Shipping Company’s (“MSC”) latest and largest container vessel in the world as part of its maiden voyage in the South East Asia region.

VOLUME HANDLED

Over 120 mil TEUs Averages of 12% container growth throughput MIDA

Since its opening in 2000, PTP has proven its global competitiveness with an average of 12 per cent year on year growth of its regional market share. E-NEWSLETTMEay 2020R | 16 MILESTONES

PTP continues to attract significant investments from global companies. Going forward, PTP is well-positioned to handle over 10 million TEU of cargo capacity and will continue to deliver value to its stakeholders, focusing on sustainable performance and continuous improvement through consistent productivity and service levels.

Connectivity technology systems linked to all port users. To date, PTP is operating with 14 berths totalling PTP is well connected to the hinterland. 5.04 km in linear wharf design. Directly behind Cargo movement from major industrial the berths is the port’s container yard, which is estates is convenient given the roads linking one of the most extensive container storage the port to the second Malaysia-Singapore facilities in the region with the capacity to expressway and the north-south highway. handle up to 12.5 million TEU annually. This shows that the port is connected up to the north of and the Thai PTP has a range of quay cranes, rubber-tyred border. Adding to the port’s land, sea and air gantry cranes, prime movers, trailers and high infrastructure support, the rail line that runs stackers, which provide ample support for fast through PTP is also directly linked to the national terminal operations. This includes 58 Super rail grid which connects Singapore and the Post Panamax quayside cranes, as well 163 southern area of Thailand. rubber-tyred gantry cranes and 430 prime movers to service the container yard. The extensive shipping connectivity available at PTP assures that all goods can be delivered Today, PTP has moved towards Industry 4.0 to almost all ports globally. Today, PTP services through various digitalisation and digitisation over 30 shipping lines and box operators. It initiatives. This has contributed to its efficiency is also connected to over 300 port of calls while contributing to the future growth of the globally with over 90 weekly services. port. A port that operates and offers smart solutions will indeed assist in optimising Core Business - Container Services operations, promoting efficiency and reducing logistics costs. These are in line with PTP’s MTerminIal opeDrations in PATP are backed by state- aspiration to become an advanced, preferred of-the-art facilities, equipment and information port in the region.

E-NEWSLETTMEay 2020R | 17 Core Business - Free Zone Services

PTP Free Zone, or Pelepas Free Zone, comprises of 5 phases, spanning across approximately 1,600 acres of land area. The current operational phases of 1 and 2 represent 40 per cent of the total Free Zone area, with more than 90 per cent already leased.

Today, after 20 years of operations, Pelepas Free Zone has become a vital global and regional hub. It houses more than 40 companies, Land Leasing Opportunities in Pelepas Free which employ 11,000 people and contributed Zone RM2.8 billion investments to the country. These companies carry out consolidation Phase 2C, an extension of Phase 2 of the Pelepas and distribution activities for automotive Free Zone, accounts for 100 acres of land that parts, fast-moving consumer goods (FMCGs), is currently being developed with necessary consumer electronics, commodities, furniture, infrastructure for leasing in 2023. Prospective apparels, sports items, toys, home appliances, investors can lease land parcels for 30 years at e-commerce, cold storage and medical devices, competitive rates to build warehouses for short as well as manufacturing of food, electronics and long term rentals, or factories for light and and contact lenses. environmentally-friendly manufacturing activities. These companies enjoy a hassle-free business environment with minimal red tape supported Core Business - Marine Services by 24/7 port operations and security. Import- export approvals and clearances are authorised PTP provides a range of excellent marine by PTP’s Free Zone Authority through its in- facilities for all vessel traffic going through its house IT system without additional Customs’ waterfront limit. This includes tug boat services, documentation and paperwork requirements. pilotage services, and ship to ship services. To The trucking services to move import-export date, PTP has handled 122,000 vessel calls and containers to and from free zone warehouses operates its marine services with 9 units of are also competitively priced without brokerage tug boats, 3 units of pilot boats and 45 fees. internationally qualified pilots.

Dedicated Customs Green Lane access along Pilotage is compulsory within the Port limits, with the truck levy exemptions are privileges with PTP providing its service 24 hours a day, accorded to companies in the Pelepas Free Zone 7 days a week, under the management and to conduct fast, efficient and cost-effective cross control of its Vessel Traffic Management border cargo movements to Singapore Information System (VTMIS). This service via the Second Link. provides an operational improvement in terms of efficiency of vessel traffic movement and improves the safety of navigation within Port approaches or through hazardous areas. MIDA

E-NEWSLETTMEay 2020R | 18 Social and Human Capital Development It is estimated that with the future investment opportunities garnered by Iskandar Region and As one of the fastest-growing ports in the world, PTP’s plan for expansion, the port will create PTP has created a catalyst for growth beyond the thousands of new businesses and spin-off shipping community, not only for the state of industries in its surrounding community. Johor but nationwide. As the preferred employer This will contribute more than 11,000 job in the state of Johor, PTP boast of staff strength opportunities for the highly skilled and semi- over 4,300 employees. The majority of its skilled workforce as engineers, contractors, employees are from Johor (72%). Others are from builders, operators as well as accommodation, all over Malaysia, including and . security and catering services.

Undoubtedly, PTP’s success as one of the Giving Back top port in the world is driven by its team of talented employees. PTP’s employees have the PTP’s corporate social responsibility (CSR) opportunity to build their careers from entry- strategy is aligned with its business priorities. level to senior management positions. Much It is actively involved in socially responsible of it is due to the focus on the continuous engagement activities with shareholders, development programmes for all employees. community, government agencies and employees. PTP’s CSR activities encompass PTP has comprehensive industry collaborations four key areas which are education, sports, with the local universities to ensure the nation’s environment and the local community. talent base for the port industry is developed following its exacting demands. PTP also For example, in response to the current proactively collaborates with various industry spreading of COVID-19 outbreak, PTP has stakeholders to ensure employees can prolong taken a proactive action to reach out to the their careers and continue to be productive nation’s front-liners by organising various members of society. For example, there is contributions of essential items to ease the an on-going collaboration with the Social burden of the target group. This is also to extend Security Organization (SOCSO) to establish gratitude to them for their service to the a rehabilitative centre on-site to meet the nation. Apart from that, PTP has distributed needs of all its employees. essential packages to under-privileged communities such as old folks homes, MIDA orphanages and more than 300 needy families around the local area.

E-NEWSLETTMEay 2020R | 19 Special Feature Malaysia-Russia Business Council: Renewed Efforts to Enhance Economic Ties

The Malaysia-Russia Business Council (MRBC) has been given a facelift and revived to foster bilateral economic ties and enhance business cooperation between Malaysia and the Russian Federation.

Set up on 15 March 2016 in Kuala Lumpur with its official Business Secretariat at the Asian Strategy and Leadership Incorporated (ASLI), MRBC's initial formation was witnessed by H.E. Mrs. Valentina Matviyenko, the Chairperson of the Federation Council of the Federal Assembly of the Russian Federation. YB Dato' Sri Mustapa Mohammed, the then Minister of International Trade and Industry (MITI) was also present. The Council had, however, been inactive until James Beltran recently revived. Chairman Malaysia Russia Business Council (MRBC) The revival of the MRBC in September 2019 saw Mr. James Beltran being appointed as the Chairman of the Council. Mr. Beltran is a prominent business figure with close connections with business entrepreneurs and officials of the Russian state. He is also the Deputy Chairman of Melewar Holdings, key countries, namely Singapore, Malaysia, a company with more than 20 years of Indonesia, Vietnam, Thailand, Cambodia and presence in Russia. Myanmar.

MRBC is officially mandated by both the Russian ASLI's ITBAC also facilitates market analysis and Malaysian governments to facilitate B2B and growth strategies by connecting strategic trade and business investments between the partners across the region. It develops bespoke two countries. As such, the Council is tapping packages of international trade support services on ASLI's unique value proposition. for companies, aligning to their specific commercialisation needs, as well as advising ASLI's International Trade and Business Advisory them on the viability and competitiveness of their Centre (ITBAC), headed by the Executive Director products or services entering the ASEAN market. Dr. Praba Koran, serves as a conduit between Malaysia and Russia in advancing trade and Additionally, MRBC's revival has reactivated the investments between the two nations. ASLI's Malaysia-Russia Joint Commission for Economic, ITBAC offers international trade support Scientific, Technical and Cultural Cooperation services. It has a successful track record of (JCESTCC). The JCESTCC was signed in November promoting FDIs and business matching for 2015 [1]. Thus far, no activities have been MseveraIl foreiDgn, governmAents. Their primary undertaken. Its primary objective is to foster focus region is ASEAN, particularly the seven closer bilateral ties between the two countries.

E[1] “T-he RussiaNn-Malaysian JoiEnt CommissWion for Economic, SScientific, TeLchnical andE Cultural CoToperation waTs MEay 2020 R| 20 established under an agreement signed in November 2015 on the margins of the East Asia Summit in Kuala Lumpur.” The Russian Federation was Malaysia's 28th the Malaysian External Trade Development global trading partner in 2018. Corporation (MATRADE).

In March 2019, during the Langkawi International Following that successful event, Mr. Beltran Maritime Aerospace Exhibition (Lima'19), the invited two office bearers from the Russian then Economic Affairs Minister, YB Datuk Seri Federation, Dr. Vladimir N. Sautov, Chairman Azmin Ali expressed hope that the reactivation of the Business Council for Cooperation of the JCESTCC will enhance economic relations with Malaysia and H.E. Vladimir N. Morozov, between Malaysia and Russia. Ambassador Extraordinary and Plenipotentiary to ASLI for a dialogue session. Both countries agreed to hold the inaugural JCESTCC meeting in October 2019 [2] in Moscow The meeting led to an optimistic directional led by both co-Chairmen. A total of 75 agenda outcome, concluding that the collaboration points were raised and discussed between the with ASLI and the strategies in place stepped counterparts at the offices of the Ministry of in the right direction to enhance the economic Industry and Trade of the Russian Federation. relations between Malaysia and Russia. Mr. Beltran actively participated at the pre- summit discussions with a formal address to In recent months, the COVID-19 pandemic has the JCESTCC summit on MRBC and its objectives. brought new challenges as well as opportunities. During the Movement Control Order (MCO) With the closing of the inaugural JCESTCC period, efforts were made to facilitate more meeting, Mr. Beltran and Russian officials kept conference calls with various governmental in constant communication, taking the mandates agencies from both countries to roll out plans of the Joint Commission and its objectives and preparations for business activities to seriously. In October 2019, the Russian Trade normalise. This included a call between YB Office (RTO) in Malaysia invited ASLI to a meeting Dato' Seri Hishamuddin Hussein and Mr. Lavrov, at its headquarters in Kuala Lumpur. Mr. Nikita the Foreign Ministers of Malaysia and Russia Ponomarenko, represented the Russian RTO. respectively. An official letter was also sent to the new co-Chairman of the JCESTCC, H.E. ASLI, as the official Business Secretariat of the Yury Borisov, Deputy Prime Minister of Russia, MRBC, was officially invited to lead the Russian briefing him on MRBC's activities and planned Business Mission to Malaysia in November 2019. areas of further cooperation. Companies from several core industries, namely aviation, ship-building, transportation, medical and digital solutions, had indicated their participation in the Mission.

The Russia Trade and Business Investment Forum was, then, successfully staged in November 2019, over two days, in Kuala Lumpur. It showcased the investment opportunities and value propositions from each of the participating Russian companies. Business Roundtable A crisis almost always produces new sessions and business matchings were also opportunities and obstacles can sometimes organised for core industries. During the first yield positive results. MRBC firmly believes day of the Forum, the Malaysian Investment that the way forward is for MRBC, MIDA, Development Authority (MIDA) played host MITI, MATRADE and the RTO to work closely to the Russian visitors with fruitful bilateral together in both G2G and B2B efforts, and meetings between the Russian Deputy Minister seek alternative and creative solutions to of Industry and Trade, Mr. Alexey Gruzdev and enhance the ties between Russia and Malaysia. representatives of governmental bodies, namely Mthe MinIistry oDf EconomicA Affairs (MEA), Ministry Let's look forward to the future with renewed of International Trade and Industry (MITI) and expectations.

E[2]- “ The MinNistry of EconomEic Affairs (MWEA) said the minisSter will be leLading the MEalaysian deTlegation to tThe 1st MEay 2020R | 21 Session of the Joint Russia-Malaysia Commission for Economic, Scientific, Technical and Cultural Cooperation (JCESTC) in Moscow from Oct 1 to Oct 2, 2019.” Highlights of May

MIDA collaborated with the Negeri Sembilan Industrial Liaison Council (NSILC) on 11 May 2020 to organise a webinar session with the members of NSILC. The objective of this webinar was to understand the needs of the industries in the post-COVID-19 period. MIDA Negeri Sembilan took the opportunity to share with the participants the facilitations provided by MIDA including the handholding activities and incentives available in supporting the new normal business challenges.

MIDA, led by Puan Zetty Hamimi Zakaria, Director of MIDA Negeri Sembilan, in collaboration with the TYMBA Education, co-organised a webinar session, which was participated by the Accounting and ACCA students on 3 May 2020. The webinar conversation was on the impact of COVID-19 to the Malaysia’s economy. The interactive session allowed the students to discuss and share their concerns and ideas regarding the topic. The session focus on job sustainability of post-COVID19 and how it could also impact on the investment climates in Malaysia.

On 19 May 2020, Dato’ Azman Mahmud, CEO of MIDA had a fruitful meeting with YB Dato' Sri Tiong King Sing, Prime Minister's Special Envoy to the People's Republic of China on the latest updates on Chinese Investment in Malaysia and strategies to bring more quality investments from China.

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E-NEWSLETTMEay 2020R | 22 Advertisement

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E-NEWSLETTMEay 2020R | 23 Newslinks

MIDA IN THE NEWS

MIDA to resume physical operations at HQ from May 6

MALAYSIA RANKING

KL takes 7th spot in Asia for international conference

ECONOMY NEWS

Economists:Malaysia’s economy poised to recover with gradual reopening of sectors under CMCO Reopening of economic sectors will have positive impact on country’s economy: MITI Firms focus on preventive measures as they reopen during CMCO MITI announces latest procedures for PCO endorsement World Bank: Productivity-driven growth crucial to return to pre-crisis levels All parties must stand united in combatting Covid-19 and restarting the economy — Azmin 83% of Malaysian companies not considering layoffs: Survey Covid-19 effects won’t impact 12th Malaysia Plan: Tengku Zafrul Economists: CMCO a crucial decision to balance economy, health Time ripe to reset economy - MASA Construction, transportation, IT sectors to drive Malaysia's economic growth, say economists Covid-19 can be a blessing in disguise for businesses, says economist Economic activity to improve in 2H 2020, says Bank Negara governor Govt to announce economic recovery plan by end of May Rethink, reinvent, revitalise in new normal, industries urged Important for EU businesses in Malaysia to benefit from Covid-19 stimulus package, says head of delegation expected to rebound quickly from pandemic Govt expects businesses to ramp up productivity soon Malaysia in good position to benefit from Japan's economic stimulus package, says ambassador MITI to woo Japanese companies seeking to leave China -- Azmin Economic recovery plan to continue through private sector collaboration - MOF Malaysia set for recovery in 2021 with most employees back at work - Tengku Zafrul

INDUSTRY NEWS

Rubber gloves demand continues to surprise on the upside Rubberex plans RM31m private placement to expand nitrile glove production lines Nestle Malaysia to spend highest capex in six year, posts resilient FY20 K-One ventures into nasal swabs manufacturing business Keysight opens regulatory test lab in Penang Pertima to expand production capacity to 22,000 cans daily WRP Asia ramps up production to tap on global rubber glove demand Solid demand for ventilator chips for Covid-19 treatment Caely to make face masks and PPE for Ni Hsin Universal Robots’ urges SMEs to adopt robotic automation MMalaIysia Dready to caApitalise on China’s manufacturing exodus Malaysian factories able to produce 5 mln pieces key PPEs a month

E-NEWSLETT MEay 2020R | 24 Newslinks

Selangor to become aerospace's big regional player in six to seven years Hartalega ramps up glove production to meet global demand Malaysian Plastics makers to make swabs for COVID-19 mass testing Poly Glass Fibre ventures into making melt-blown non-woven fabric for surgical face masks These Malaysian companies jump onto the pandemic bandwagon, how many will make it? FGV and MSM expedite development of RM100m agro-food valley in Supermax completes RM20 mln land purchase SEMICON Southeast Asia 2020 goes virtual

SERVICES NEWS

Digi explores new opportunities through 5G, AI and IoT Digitalisation a new norm to remain competitive, sustainable: Azmin G3 Global to expand further into AI, data analytics MDEC: E-commerce set to see strong growth this year MTDC introduces robotics, other technologies to assist SMEs weather Covid-19 storm TNB renewables unit teams up with Envision Digital to digitalise Sepang LSS farm ops Digitalisation during MCO can enhance business ecosystem Adapting to digital world a matter of survival for small businesses Mustapa urges SMEs to be more radical in boosting digital technology skills Services sector revenue up 1.5% y-o-y in 1Q2020 — DoSM Plus Solar to help businesses save in electricity costs eWTP at KLIA serves as global hub for delivery of medical supplies ARB teams up with Chinese firm to explore opportunities in AI facial recognition MMC looking to expand overseas to strengthen presence FGV to invest in RE projects Govt to boost digital connectivity to revive economy - Saifuddin Tencent, CCB to jointly foster digitalisation of enterprises in Malaysia Ministry to offer 1,000MW solar quota under LSS@MenTARI programme Cypark Resources buying biogas plant for RM6m

CROSS BORDER NEWS

LYC Healthcare to buy majority stake in Singapore medical firm for RM22m

GLOBAL NEWS

Samsung Electronics invests over RM18b in R&D in 1Q World’s economists agree economic stimulus ought to be green Global semicon sales up 6.9% y-o-y in 1Q2020 to US$104.6b, SIA says Global fab equipment spending to rebound in 2H2020, set record in 2021, SEMI says APEC trade ministers commit to mitigating Covid-19 economic impact COVID-19 poses short-term challenge to e-commerce but long-term benefit EU still pursuing FTAs with Asean MCOVID-19 Dperiod offeArs opportunity to enhance global supply chain - Sta Maria

E-NEWSLETT MEay 2020R | 25 ADVERTISE WITH US

MIDA

E-NEWSLETTMEay 2020R | 26 ABOUT MIDA

ABOUT MIDA

MIDA is the government's principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram and Facebook, LinkedIn and Youtube channel.

MIDA, your first point of contact for investments in Malaysia.

Malaysian Investment Development Authority MIDA Sentral No. 5, Jalan Stesen Sentral 5 Kuala Lumpur Sentral 50470 Kuala Lumpur Tel: 603 2267 3633 / 2263 2555 / 2263 2549 Fax: 603 2274 7970 E-mail: [email protected] Website: www.mida.gov.my

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E-NEWSLETTMEay 2020R | 27