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January 2 0 2 1 Issue: Happy Chinese New Year
January 2 0 2 1 Issue: Happy Chinese New Year
E-NEWSLETTER
A M O N T H L Y I N D U S T R Y U P D A T E F O R G L O B A L I N V E S T O R S A N D M O R E !
2021
Issue
January
NEW YEAR
HAPPY CHINESE
Content
2020 Announcements of
High Value Investments
in Malaysia
Perlindungan Building
Ekonomi dan Rakyat Tomorrow's
Malaysia (PERMAI) Talents For
Industries of The
Future
Telemedicine and
Digital Health:
A New Normal for
Healthcare
Providers
Events and
Highlights
Fascinating
Malaysia - A
Strategic Choice
for Haskell to
Invest
MIDA
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LinkedIn : Malaysian Investment Development Authority | Youtube : MIDA TV
January 2021
Highlights
Wafer fabrication
Batu Kawan, United States
350 jobs equipment and
Pulau Pinang (US)
services
MIDA
accredited electromagnetic compatibility (EMC) testing services for
manufacturers of electronic devices and mission-critical industries across
wireless communications, IIoT, automotive, healthcare and medical
applications.
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Free Industrial United States Accredited electromagnetic
Zone, Pulau Pinang (US) compatibility (EMC) testing services
MIDA
The company’s proposed manufacturing facility will create significant job
additions over the next ten years, including roles in manufacturing, facilities
management as well as manufacturing-related research and development (R&D).
The facility will be designed for potential growth and expansion over time.
E-NEWSLETTER
Batu Kawan, United States (US) Continuous glucose
Pulau Pinang monitoring (CGM) system
MIDA
Its latest project had increased the Group’s production capacity of glass tubing
for pharmaceutical use by about 1,000 tons per month.
This translates to a 30 per cent increase in the Company’s current production
capacity in responding to the market needs during the pandemic.
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Shah Alam, Selangor Japan Speciality glass manufacturer
MIDA
E-NEWSLETTER January 2021 | 4
Highlights
Perlindungan Ekonomi dan
Rakyat Malaysia (PERMAI)
O n 18 January 2021, YAB
Prime Minister
announced the launch of the
Combating the COVID-19
outbreak;
Safeguarding the Welfare of
the National Security Council as
well as other relevant agencies for
combating the COVID-19
Government’s latest the People; and pandemic. This will also
assistance package to help Supporting Business complement the other measures
alleviate the impact of the Continuity. to strenghten the National
COVID-19 pandemic to the Healthcare Sector, including the
Rakyat and business COMBATING THE COVID-19 recruitment of an additional 3,500
communities. The PERMAI OUTBREAK healthcare personnel this year, on
assistance valued at RM15 top of the 8,000 personnel
billion comprises a total of 22 The Government has allocated an recruited in 2020, and enhancing
initiatives, anchoring on three additional budget of RM1 billion cooperation with private hospitals
objectives: for the Ministry of Health (MOH), to alleviate the strain on public
healthcare system.
SAFEGUARDING THE Food Basket Programme; where Besides, following the current
RAKYAT’S WELFARE essential food items are provided Movement Control Order (MCO),
for each eligible households; and
MIDA
the Government has also
The PERMAI assistance an allocation of RM25 million for emphasised the continuous
package will safeguard the the Government-Linked assistance offered by the banks on
Rakyat’s welfare, especially the Companies/ Government-Linked loan moratorium facility, including
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vulnerable groups in the Investment Companies (GLIC/GLC) the extension of the moratorium
society. Among the existing Disaster Relief Network and restructuring of loan
programmes to be accelerated programme as a matching grant repayments.
and strengthened include the for social initiatives.
January 2021 | 5
Initiatives for Safeguarding the Rakyat’s Welfare
SUPPORTING BUSINESS PERMAI Prihatin Special Grant credit schemes include soft loans
CONTINUITY Expansion of the Prihatin Special amounting to RM390 million
Grant Plus assistance to cover by Bank Simpanan Nasional,
The Government has announced 500,000 small and medium-sized RM350 million by Agrobank and
the following measures to enterprises (SMEs) in MCO states RM295 million by Tabung
support the business community: with one-off payment of RM1,000 Ekonomi Kumpulan Usaha Niaga
each, while 300,000 SMEs in other (TEKUN).
Improving the Wage Subsidy states will receive RM500 each.
Programme Supporting and Boosting
The Wage Subsidy Programme Providing One-off Financial Online Businesses
3.0 under Social Security Assistance to Taxi and Bus The implementation of
Organisation (SOCSO) will be Drivers the SME and Micro SME e-
enhanced, whereby all employers One-off financial assistance of Commerce Campaign and Shop
operating in MCO states will be RM500 to 14,000 tourist guides Malaysia Online Campaign will
eligible to apply. Eligible and 118,000 taxis, school buses, be accelerated with an allocation
employers will receive a wage tour buses, rental cars and e- of RM300 million to support
subsidy of RM600 for each of hailing vehicles. entrepreneurs and businesses
their employees earning less involved in online sales or
than RM4,000 a month, while the Accelerating the Implemen- e-Commerce platform.
wage subsidy limit for each tation of Microcredit Schemes
employer will be increased from The Government will expedite the Enhancing the Danajamin
200 to 500 employees. This implementation of the RM1 PRIHATIN Guarantee Scheme
MIDA
initiative which involves another billion microcredit facilities to To promote the growth of
allocation of RM1 billion, is assist micro-enterprises and the private sector and maintain
estimated to benefit 250,000 SMEs’ cash flow. These micro- Malaysia’s competitive position
employers and more than 2.6 as an investment destination of
E-NEWSLETTER
million workers.
January 2021 | 6
choice, the Danajamin Guarantee In addition, MARA will also taxis operators to restructure
Scheme or SJPD, which was provide a 30 per cent rental their financing with a 12- month
announced under the PENJANA discount on business premises up moratorium and lower monthly
package will be enhanced: to April 2021. repayments.
- Increase the maximum
financing from RM500 million to Continuing Electricity Bill Extending the Temporary
RM1 billion Discounts Measures for Reducing the
- Expand the scope to cover Provision of a special discount of Impact of COVID-19 Act 2020
working capital with a guarantee 10 per cent on electricity bills for The Temporary Measures
period of up to 10 years; and the period of January-March for Reducing the Impact of
- Allow foreign-owned companies 2021 to six business sectors; COVID-19 Act or Act 829, which
operating in Malaysia to obtain comprising hotel operators, came into force on 23
SJPD guarantee provided that theme parks, convention centres, October 2020, was enacted to
Malaysian employees accounted shopping malls, local airline assist individuals and businesses
for at least 75 per cent of their offices, travel and tour agencies. that were economically impacted
workforce. by the COVID-19 outbreak.
Introducing a Bus and Taxi Hire
Rescheduling and Extending the Purchase Rehabilitation Scheme The effective period under this
Moratorium Period for MARA Syarikat Act, covering the inability to
Loans and MARA Premises Jaminan Pembiayaan Perniagaan perform contractual obligations,
Rental will introduce a Bus and Taxi Hire expired on 31 December 2020.
MARA will extend its MARA Purchase Rehabilitation Scheme. Given the current situation and
Prihatin Peace of Mind 2.0 A 50 per cent guarantee on the MCO announcement, the
programme where borrowers can financing from hire purchase Government has agreed to
apply to reschedule the and leasing companies will be extend the effective period of
repayment of MARA education provided for selected vehicles, inability to perform obligations
facilities or business loan such as sightseeing buses and to 31 March 2021.
moratorium until 31 March 2021. taxis. This will enable buses and
MIDA
E-NEWSLETTER January 2021 | 7
Industry
Building Tomorrow's Talents for
Industries of the Future
T he emergences of
disruptive technologies,
pursued after by the COVID-19
In comparison, in 2010 there
were about 25 local automation
The company has invested
more than 12 per cent of its
revenue in research and
and technological equipment
outbreak has intensified the companies in Malaysia, with a development (R&D) activities
world into automation and total market value of merely over the last 10 years. Sixty-six
digitalisation to embrace new RM234 million. Today, more (66) per cent of the company’s
ways of doing things. The than 50 automation companies workforce is of technical
pandemic has severely affected are operating, with the top 10 background. In 2019, the size
the economy and financial companies having an of the company’s engineering
markets with significant accumulated total market value team increased from 348 to
reduction of incomes, rise in of more than RM25 billion. 413, representing an increase
unemployment and disruption of 19 per cent compared to
to both supply and demand in ViTrox Technologies Sdn. Bhd., 2018. Without the sheer
an interconnected global a Malaysian owned company determination and commitment
economy. and one of the top global in R&D, ViTrox will not have
players in the automated been able to achieve the level
Industries are forced to advanced vision of success attained today.
accelerate the adoption of new inspection solutions, serving
technologies in developing back-end semiconductor and Having embarked into
better approaches to mitigate electronics assemblies technological innovation and
negative business impacts. At a industries, has taken the digital transformation, ViTrox
time of lackluster productivity initiative to adapt and move stresses on the growing
due to controlled public along the global technological
movements, automation and waves.
digitisation provide the much-
needed business boost
for steady continuity in the
waves of risky disruptions.
MIDA
semiconductors, autonomous
vehicle, advanced robotics, life
sciences, advanced metrology as
well as defense and security.
MIDA
E-NEWSLETTER January 2021 | 9
Services
Telemedicine and Digital Health:
A New Normal for Healthcare
Providers
U nder the threat of COVID-19,
drastic measures are
undertaken worldwide to break
However, with the requirement for
social distancing during this
pandemic, the need for remote
patients to receive health
advice from SMCV’s specialists
or medical officers from the
the chain of the virus consultation has become comfort of their homes.
transmission. Despite decreased increasingly attractive. Parkway Pantai of IHH Berhad
revenues and rising operational Telemedicine is the ideal solution Group has also launched a
costs, healthcare players for limiting patient displacement teleconsultation known as
continue to be committed in to hospitals and allocating eHealth Video Consultation at
providing high quality healthcare hospital capacity to more urgent its hospitals in Malaysia. These
services to patients. Nonetheless, cases while curbing the virus’ are part of their efforts to meet
the pandemic has exposed the spread. It provides the best patients’ evolving needs with
shortcomings of healthcare alternative to bring healthcare to continuous care while providing
systems worldwide. This offers patients during the pandemic and the convenience of consultation
compelling reasons for bridge the gap between people, with specialists of their choice
overburdened hospitals to physicians and health systems. during the lockdown.
upgrade on every level, from the
infrastructure to their processes. Notably, private healthcare Despite telemedicine services
providers in Malaysia have found gaining higher interest recently
New approaches such as new growth opportunities with in Malaysia amid the pandemic,
telemedicine and digital health telemedicine after struggling to go telemedicine service providers
are imperative in this new normal mainstream prior to the such as DoctorOnCall,
and are increasingly being pandemic. For instance, the SpeedyDoc and HomeGP have
adopted on a large scale. Sunway Medical Centre Velocity already set footprints in the
Telemedicine involves connecting (SMCV) has set up a digital healthcare scene.
doctors and patients on a teleconsultation service to allow
secured online platform for
remote health-related services
such as monitoring, advice
and education. This approach is
promised to be at the forefront of
the future of medicine and plays
a key role in making state-of-the-
art healthcare more accessible
without the need to wait hours in
que for a physical appointment.
MIDA
Over the years, industry players
have stressed the need to
implement telemedicine in the
healthcare sector. Only a handful
E-NEWSLETTER
of countries and regions have
adopted the concept due to a lack
of awareness and inadequate
infrastructure.
January 2021 | 10
The Malaysia Digital Economy By deploying advanced recognises the need to urgently
Corporation (MDEC) has also telemedicine solutions, realign and formulate current
played an instrumental role in physicians expand their reach regulations to address the safety
facilitating these pioneer local to remotely examine and challenges in this new age of
companies to embark on diagnose more patients in a healthcare.
digital service delivery for the shorter period of time,
healthcare sector. potentially minimising the With rapid advances in
number of patients entering technology, the Malaysian
According to a research report hospitals and medical facilities. Investment Development
by Global Market Insights, the Authority (MIDA) continues to
market of digital health Although challenges remain, support and encourage new and
technologies, including health the COVID-19 outbreak has existing healthcare service
IT, wearables, health sensors driven the Government and providers to embrace
and any solutions aiming to regulatory agencies’ need to opportunities and utilise their
digitise healthcare, is projected facilitate more widespread infrastructure capabilities,
to surpass USD 379 billion by adoption of telemedicine and expertise, domestic consumption
2024. Telemedicine is also fast digital health. While the base and diverse population to
emerging from this healthcare Ministry of Health introduced create a sustainable economic
technology advantage and has the Telemedicine Blueprint transformation for the
the potential to ease way back in 1997, the Ministry healthcare industry.
“overloading” hospitals.
MIDA
E-NEWSLETTER January 2021 | 11
Why Malaysia Series
Fascinating Malaysia - A
Strategic Choice for Haskell to
Invest
Established in 1965 in the United States (US),
Haskell is a fully integrated design,
engineering and construction services firm
headquartered in Jacksonville, Florida. Today,
Haskell operates globally with more than 24
client-driven offices throughout the US,
Mexico and Asia, providing a wide range of
services in design and construction for
various customers. The services provided
ranged from business case analysis and
master planning; systems analytics and
modelling; architecture, all disciplines of
engineering, project management, specialised
engineering (process, packaging, material
handling, clean in place or known as CIP Jonathan Toke
Vice-President
systems); to sustainable design and virtual Haskell Asia Pacific (APAC)
reality/augmented reality models. Haskell’s
multinational clients include the industry
giants such as PepsiCo, Safran, Starbucks, Prior to the decision of establishing the regional
Spirit AeroSystems, Procter and Gamble, as headquarters in Malaysia for Haskell in APAC,
well as many Government entities. Toke assessed several countries in the region on
multiple facets, including its talent pool and level
Although Haskell has been working on of infrastructure.
projects in Southeast Asia since 2007, the
company only established a permanent “Malaysia became a clear choice as our regional
regional hub in 2014, starting with offices in headquarters and our initial regional design
Singapore and Malaysia before expanding to centre based on the availability and capability of
the Philippines, Vietnam and China in the local technical talent, cultural affinity with global
recent years. and regional customers and projects, good
transportation and communication links to the
Why Malaysia? other countries we are expected to serve, and
sufficiently well-developed infrastructure for our
“I first fell in love with Malaysia on a holiday team to be globally competitive. Having Malaysia
trip in early 2000s, when I got to experience as our regional headquarters includes being able
the hospitality of the people and the to work easily in different time zones with our US
counterparts, allowing for a shorter delivery
MIDA
sophistication of Kuala Lumpur. It was a
happy coincidence that many years later my schedule on projects as we work on a 24-hour
career brought me back to the region. cycle. Now that we have been operating for
Haskell’s establishment in Malaysia began in several years, it is gratifying to see that our
initial assumptions were correct. We have a
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2015, when a long-term client requested for
our help with their project in the country,” dynamic, young pool of talents that perform at
says Jonathan Toke, Vice-President of Haskell the highest levels of quality and precision in the
Asia Pacific (APAC). industry.” says Toke.
MIDA
these organisations, we were able to seamlessly
integrate ourselves into the Malaysian market
and get to where we are today.” added Toke.
The Malaysian Investment Development Authority requirement for positions, namely investors,
(MIDA) kick-started the year 2021 with a courtesy company owners, C-suites, expatriates for
visit from the Federal Republic of Germany’s Regional Offices as well as for intra-company
newly appointed Ambassador to Malaysia, His transfers. He also offers to collaborate with local
Excellency Dr. Peter Blomeyer, on 7 January 2021. training institutions to boost training capabilities
Among the topic discussed during the visit were and facilities in human capital development, by
the prolific issues that need attention for both offering German Dual Vocational Training (GDVT)
countries to continue its goods - to services -to programmes in Malaysia.
people mobility, despite the continuing
pandemic concerns. Furthermore, His Excellency reiterated his team’s
support for the business continuity of existing
Dato’ Abdul Majid Ahmad Khan, Chairman of German companies and encouraged more
MIDA, said “The closely-linked business German companies to expand their overseas
communities from both sides urgently need to operation as Malaysia is one of the most
commute with the acceptance of stringent SOPs developed and matured manufacturing and
in place. MIDA has been working tirelessly with services related hub in the region. This
the embassies and foreign chambers to ensure ecosystem provides a competitive advantage for
that investors are provided adequate assistance the German companies’ to locate their high
to the necessary approval and access to make technology projects in Malaysia.
MIDA
well-informed investment and business decisions
across various markets.” The Chairman of MIDA expressed the
Government’s commitment to facilitate smooth
His Excellency, Dr. Peter Blomeyer, highlighted business operations for investors in Malaysia.
E-NEWSLETTER
those existing German companies operating here, Strong commitment from both institutions
find Malaysia an attractive hub in the Asia Pacific. is essential in attracting high value-add, capital-
In addition, the German business communities intensive and knowledge-intensive projects.
also welcome the decision to exempt advertising
January 2021 | 14
Events
MIDA and Intel Malaysia continue initiative in driving
Malaysia towards Industry 4.0
On 27 January 2021, the Advanced Technology There are untapped opportunities available for
and Research & Development Division of MIDA the business community, especially SMEs. We
collaborated with Intel Malaysia in successfully want more SMEs to step up to embrace new
organising the virtual Artificial Intelligence for technologies in their business activity. We know
SMEs (AI4S). This event was a continuation that there are numerous local companies out
of the first Axiomtek Artificial Intelligence Starter there that are capable of AI technology adoption
Kit launch on 18 August 2020, which led Intel but are not aware of how and where to start.”
Malaysia to award the AI Starter Kits to 100
selected companies in Malaysia. These identified Dato’ Azman also suggested, “Moving forward I
SMEs will go through a comprehensive technology have proposed Intel to explore in enabling the
enabling process and training that will empower universities in Malaysia to adapt and prepare the
them to implement pilot projects in their settings future workforce to embrace AI once they enter
to jump-start the Artificial Intelligence (AI) the job market. This graduate skill would reduce
or Industry 4.0 journey. the colossal learning curve in work fields while
saving employers’ precious time and resources
During his keynote address, Dato’ Azman in correcting them into expected abilities.”
Mahmud, Chief Executive Officer (CEO) of MIDA,
said “While the country is gearing steadily into the
knowledge and digital economy, Industry 4.0
adoption is deemed crucial for business survival
and growth in innovation-led value creation.
MIDA
E-NEWSLETTER January 2021 | 15
Highlights of January
On 8 January 2021, Datuk Lim Ban Hong, Deputy
Minister of International Trade and Industry (MITI),
led a visit to Hexa Food Sdn. Bhd. with MIDA's
team, represented by Mr. Arham Abdul Rahman,
Deputy CEO I, and Directors of Domestic
Investment Division and Food Technology Division.
The company, among the small and medium-
sized enterprises (SMEs) updated on the progress
of company's IR4.0 initiative.
MIDA
share expertise and knowledge to develope
Malaysia’s green technology industry.
MIDA
E-NEWSLETTER January 2021 | 17
In Memoriam
MIDA
condolences to the family of the dearly
departed.
ECONOMY NEWS
INDUSTRY NEWS
MIDA
Wider technology gap among manufacturers
The 200mm fab wafer – a comeback kid
K-Star Sports partners AT Systematization to market gloves in China, Taiwan
Surviving The Impact of Covid-19: Healthcare the sector with the most deals
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Malaysia needs to invest in, generate more value-added palm oil products
Kedah to receive RM1.5 bil investment in green vehicle tech, defence sectors
January 2021 | 19
Newslinks
INDUSTRY NEWS
Petronas takes over Sarawak offshore gas hub from Shell
PNE PCB ventures into rubber glove production, distribution
KESM unfazed by market downturn, to invest in new factory space in Malacca
Grow the E&E golden goose up the value chain
Pharmamiaga to manufacture Sinovac COVID-19 vaccine starting March
MITI’s list of essential services assures manufacturers- FMM
Scanwolf to manufacture plastic film for packaging industry
MESB proposes diversification into waste recycling business
Pharmaceutical firms in the limelight
KRC attracts RM2.1 bln investments from local rubber industry players – Kedah MB
SK Nexilis to build RM2.3bil plant in Malaysia, its first overseas production base
DexCom to begin construction of facility in early February, says InvestPenang
SERVICES NEWS
GLOBAL NEWS
MIDA
ASEAN needs to promote digital infrastructure development for small businesses,
individuals
IMF lifts global growth forecast for 2021
MIDA
E-NEWSLETTER January 2021 | 21
HOST WITH US
MIDA
E-NEWSLETTER January 2021 | 22
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.
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January 2021 | 23