Malaysia’s Ministry of Investment, Trade, and Industry (MITI), in partnership with the Malaysian Investment Development Authority (MIDA) and SIRIM Bhd, is developing a star rating system for industrial parks (IP).
Kuala Lumpur (VNA) 𝓰– Malaysia’s Ministry of Investment, Trade, and Industry (MITI), in partnership with the Malaysian Investment Development Authority (MIDA) and SIRIM Bhd, is developing a star rating system for industrial parks (IP).
Expected to be established next year, the system would evaluate four key parameters - planning and management; infrastructure and business competitiveness; environmental sustainability and social responsibility.
These measures will ensure that every industrial park in Malaysia meets acceptable standards and call out those which do not meet the standards.
Soon, these guidelines will be seamlessly integrated into the MYSite Selection Portal, empowering investors with detailed, transparent assessments.
In addition to the digital platform, MIDA and the Federation of Malaysian Manufacturers (FMM) also launched the Malaysia Industrial Park Directory, a comprehensive directory providing detailed information about industrial parks across the country.
CMITI Deputy Minister Liew Chin Tong emphasised that Malaysia's ambition is to build a resilient supply chain for various industries, including strategic sectors like semiconductors.
The MYSite Selection Portal and Malaysia Industrial Park Directory would facilitate this journey by allowing investors to swiftly identify areas with the best suitability for their operations and tap into our robust and mature manufacturing ecosystem, the official said./.
Malaysia launched on December 12 a national artificial intelligence (AI) office aimed at shaping policies and addressing regulatory issues, as it looks to establish itself as a regional hub for AI development.
Malaysia is on track to become a global medical technology (medtech) hub with its strong policies in attracting and executing the right investments, including the New Industrial Master Plan 2030 (NIMP 2030), said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
As the ASEAN Chair in 2025, Malaysia aims to position the region and itself as dynamic hubs for investment, trade, and industry, especially in helping global supply chains become more resilient.
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The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
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Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
