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Energy & Technology

Petronas Reiterates Commitment To Brazil Despite Stake Sale Reports

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KUALA LUMPUR, Petronas has reiterated its commitment to operations in Brazil, describing the country as a key market where it maintains a strong, integrated presence across the energy value chain. In a statement issued today, the national oil company clarified its position amid recent reports suggesting a potential stake sale. It highlighted its current involvement in three producing fields and four deepwater exploration blocks within Brazil’s upstream sector. Beyond upstream activities, Petronas also operates a floating production, storage and offloading (FPSO) unit via MISC Bhd, while AET, a MISC subsidiary, supports offshore production with a fleet of 13 dynamic positioning shuttle tankers. This comes following reports that Petronas was working with Bank of America Corp to divest its 50% interest in the Tartaruga Verde oil field in Brazil, with unnamed sources estimating the potential deal at around US$1 billion. In response, Petronas stated that it routinely reviews its global investments — including those in Brazil — to enhance portfolio resilience and drive long-term value creation. “These periodic reviews ensure our portfolio remains aligned with our growth strategy, as we continue to focus on maintaining a strong and sustainable presence,” the company said. Petronas acquired its stake in Tartaruga Verde in 2019 through a broader deal with Petrobras, which retains the remaining 50% interest in the field.

Investment & Market Trends

Hyundai Motor Announces Joint Development Of Five Vehicles With GM

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Hyundai Motor has announced a joint development initiative with General Motors (GM) involving five new vehicle models, set for launch in 2028. This marks the first product collaboration between the two automakers following a memorandum of understanding signed in September last year. The partnership will produce four next-generation vehicles aimed at the Latin American market — including a midsize pickup, a compact pickup, a compact car, and a compact SUV — all designed to support both internal combustion and hybrid powertrains. A fifth model, an electric commercial van, will be developed for the North American market. Hyundai Motor stated that combined annual production and sales of these models are projected to exceed 800,000 units. Under the agreement, GM will lead the development of the midsize pickup platform, while Hyundai will oversee the compact vehicle platforms and the electric van. Though the models will share common platforms, each company will independently design the exterior and interior styling to reflect their individual brand identities. Initial design and engineering efforts are currently focused on the Latin American lineup, with production expected to begin in 2028. The electric van for the U.S. market is also scheduled to enter production that same year. Beyond vehicle development, Hyundai and GM are launching a joint sourcing strategy for materials, logistics, and transport across North and South America. The companies are also exploring deeper collaboration in raw materials, advanced components, and sustainable manufacturing, including the use of low-carbon steel. “This strategic partnership with GM allows us to better meet customer demand across multiple segments and regions,” said José Muñoz, CEO of Hyundai Motor. “Leveraging our combined scale in the Americas enables us to deliver well-designed, high-quality, and technologically advanced vehicles more efficiently.” GM’s Senior Vice President Shilpan Amin echoed the sentiment, noting the collaboration will accelerate market entry and reduce costs. “These co-developed vehicles are a clear example of how GM and Hyundai can complement each other’s strengths to deliver greater value and choice to consumers,” he said.

Property

BPMB, Hartasuma Ink RM367 Million Deal For Cable Car Project

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PETALING JAYA, Bank Pembangunan Malaysia Bhd (BPMB) and Hartasuma Ropeways Sdn Bhd — a wholly owned special-purpose vehicle (SPV) of Hartasuma Sdn Bhd — have officially partnered to deliver the upcoming Penang Hill cable car project. Hartasuma Sdn Bhd executive director Tan Sri Ravindran Menon (seated, right) and Bank Pembangunan Malaysia Bhd (BPMB) group head of coverage Gerald Goh (seated, left) signing the financing agreement for the Penang Hill Cable Car Project. Witnessing the ceremony (from left) are BPMB managing director, group corporate & investment banking Mohamed Nazri Omar, Penang Chief Minister Chow Kon Yeow and Hartasuma chairman General (R) Tan Sri Zulkiple Kassim. This key infrastructure initiative, valued at RM367.2 million, aims to improve accessibility to Penang Hill and enhance connectivity to the Penang Hill Biosphere Reserve, while boosting the state’s tourism appeal. Under the agreement, Hartasuma Ropeways will act as the long-term concessionaire, responsible for the full development, financing, operation, and maintenance of the cable car system. BPMB’s managing director of group corporate and investment banking, Mohamed Nazri Omar, said the funding reflects BPMB’s mission to support infrastructure that drives sustainable development and long-term economic growth. “This RM367.2 million financing facility underscores our commitment to supporting sustainable tourism infrastructure that delivers lasting social and economic value,” he said during the MoU signing ceremony in George Town yesterday. “By enabling this project, we aim to elevate Penang’s status as a premier tourism destination and open up new opportunities for local communities.” The Penang Hill cable car system will feature a 2.73km route connecting the Penang Botanical Gardens to the summit, with a journey time of approximately 10 minutes. It is designed to accommodate up to 1,400 passengers per hour in each direction and will include three main stations: the Garden Station at the base, a mid-way Turn Station, and the Hill Station at the top. As an alternative to the existing funicular railway, the cable car is slated for completion by December 2026, followed by a three-month trial and dry commissioning phase before opening to the public.

Energy & Technology

Indonesia Taps Australian Lithium To Fuel EV Expansion Plans

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JAKARTA, Indonesia will start importing lithium from Australia to support its rapidly expanding electric vehicle (EV) sector, Energy and Mineral Resources Minister Bahlil Lahadalia announced Tuesday, reinforcing the country’s ambition to become a key EV manufacturing hub in the region. Speaking at the International Battery Summit in Jakarta, Bahlil said the move aligns with Indonesia’s EV development roadmap, launched in 2020 under President Joko Widodo. “Our goal of building a complete EV battery ecosystem is part of a broader mineral downstreaming strategy we’ve pursued since 2020,” Bahlil stated. While Indonesia boasts abundant reserves of nickel and manganese—critical materials for EV batteries—it lacks domestic lithium, prompting the government to secure alternative sources. Although lithium has previously been imported from Africa, Bahlil noted that Australia offers a more cost-efficient supply due to proximity and lower shipping costs. “The import arrangement will follow a business-to-business model, and the volume will depend on the needs of Indonesian companies,” he added. The announcement comes amid a surge in EV uptake across the country. Indonesia’s EV fleet rose to about 207,000 units in 2024, compared to 116,000 the year before. In the first half of 2025 alone, EVs made up approximately 10% of all new car sales—double the 5% share recorded in 2024. By 2030, Indonesia aims to produce 9 million electric motorcycles and 600,000 electric cars and buses. These targets are expected to reduce fossil fuel usage by 21.65 million barrels and cut carbon emissions by 7.9 million tonnes.

Media OutReach

The Healing Frequency: INDIBA® 448kHz + 20kHz Is Revolutionizing Recovery For Athletes and Everyone Else

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SINGAPORE – Media OutReach Newswire – 7 August 2025 – INDIBA® 448 kHz + 20kHz, a patented frequency system that is transforming how athletes and everyday patients recover from injury, manage pain, and restore mobility. Used worldwide in sports and rehabilitation, it supports faster, safer healing—without medication or downtime. INDIBA® Stands Out by Working Deep Beneath the Surface. INDIBA®’s patented Proionic® System delivers radiofrequency energy at 448kHz + 20kHz, creating deep thermal effects and cellular stimulation from inside out. Unlike surface treatments, it penetrates muscles, joints, and stem cells to promote natural repair and regeneration—non-invasively and without downtime. Two major studies show how INDIBA® stands out: 1. Deep Therapeutic Heat for Lasting Healing A study published in the International Journal of Hyperthermia found that INDIBA® raises deep tissue temperature and maintains therapeutic heat for up to 45 minutes, promoting mobility and faster recovery from stiffness and injury. Because heat does more than soothe it: Boosts blood flow to bring oxygen and nutrients Relieves pain to enable early movement Improves flexibility and range of motion 2. It Stimulates Cellular Regeneration Research shows INDIBA®’s 448kHz + 20kHz frequency activates stem cells to rebuild cartilage, boost collagen, and heal hard-to-repair tissues—offering new potential for managing osteoarthritis, joint damage, and sports injuries. Why the World’s Top Athletes Use INDIBA® When milliseconds matter, elite athletes trust INDIBA®. From world champions to leading football clubs, it’s their go-to recovery tool. Explore the INDIBA Hall of Fame and see the champions who rely on this technology. But you don’t have to be a pro to feel the difference — everyday users, from parents to fitness lovers, turn to INDIBA® for: Post-operative recovery Sports injury management Chronic pain relief Preventive wellness Clinics Trust It. Patients Feel It. Science Proves It. INDIBA® is integrated into physiotherapy, sports rehabilitation, and wellness practices worldwide due to its: It’s backed by over 40 years of science It’s non-invasive, pain-free, and with zero downtime It improves patient satisfaction with faster, more noticeable results Used to support recovery, mobility, and pain management, INDIBA® contributes to improved patient comfort and quality of life. Healing Powered by Frequency: INDIBA® 448kHz + 20kHz At its core, INDIBA® is about restoring better movement, relieving pain, and accelerating recovery for everybody, at every stage. That’s why it’s trusted by clinicians, therapists, and elite athletes around the world. Hashtag: #INDIBA The issuer is solely responsible for the content of this announcement.

Media OutReach

Hong Leong Bank Set to Deliver Financial Literacy Training to foodpanda’s Delivery Partners

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 7 August 2025 – Hong Leong Bank (“HLB” or the “Bank”) has announced that it will conduct financial literacy training for foodpanda delivery partners as part of the pandasafe rider safety program. Hong Leong Bank will deliver its award-winning HLB DuitSmart financial literacy workshop to foodpanda delivery partners as part of the newly launched pandasafe rider safety program, officiated today by YB Anthony Loke, Minister of Transport Malaysia. pandasafe, which was officiated by YB Anthony Loke, Minister of Transport Malaysia at a launch ceremony held at foodpanda’s headquarters, is a data-driven, multi-touchpoint safety ecosystem, combining technology, education, and financial literacy to build a long-term culture of road safety for foodpanda’s delivery partners. As part of this collaboration, HLB will deliver its award-winning HLB DuitSmart financial literacy workshops to selected foodpanda delivery partners, aligned with the Bank’s commitment to driving financial awareness in Malaysia and supporting the gig economy. The gig economy is a vital and rapidly growing segment of Malaysia’s workforce, with an estimated three million Malaysians, around 17% of the workforce, engaged in gig work in 2023.1 However, the nature of gig work, which often involves irregular income and daily earnings, can lead to a lack of long-term financial planning. A study by the UN Capital Development Fund 2 revealed that while many gig workers can meet their basic needs, they often lack regular savings and awareness of future financial security. This financial vulnerability makes them susceptible to emergencies and inflation, and highlights the critical need for accessible financial education. Kevin Lam, Group Managing Director and CEO of Hong Leong Bank, commented on how this collaboration reflects the Bank’s heart of uplifting communities and promoting financial inclusion. “As a Bank, we are committed to investing in the communities we serve, and that extends to our gig economy workers who are a vital cornerstone of our modern economy as well. To us, equipping these riders with financial literacy and awareness is not just a responsibility, but an imperative societal step forward for them to build a secure future. In line with this, we are proud to deliver our HLB DuitSmart program to the gig economy, leveraging our flagship initiative where our employees actively conduct financial literacy workshops in schools, corporations, and communities throughout the country. Through this, we are not just offering a workshop. We are providing a pathway for these individuals to take control of their financial well-being, manage their daily earnings effectively, and plan for a more stable future, truly embodying our belief that when our communities thrive, all of us prosper.” As part of HLB’s collaboration with foodpanda, the Bank will conduct its award-winning HLB DuitSmart financial literacy workshops with foodpanda delivery partners, equipping them with essential money management skills and long-term financial planning. The sessions are specifically designed to be relevant to the delivery partners, with tips and tricks that cater to the various needs and requirements of the gig economy. Zalman Zainal, HLB’s Chief Marketing and Communication Officer added, “We are honoured to partner with foodpanda on this meaningful initiative. Our HLB DuitSmart program was designed to make financial education relatable and accessible, as we seek to empower the communities around us with important money management skills. Through this, we hope to continue creating long-lasting change and empower these delivery partners towards achieving their financial goals.” Since 2021, the Bank has conducted its HLB DuitSmart financial literacy workshops across the country, empowering students, businesses, and members of the community with vital financial knowledge and scam awareness. Powered by the Bank’s own employees, the Bank has specifically tailored HLB DuitSmart workshops for more than 30,000 participants across over 280 workshops around the country, empowering schools, universities, businesses and communities with the tools and resources needed to achieve a brighter financial future. In recognition of its contribution to national financial inclusion, HLB DuitSmart has been awarded the Champion title for Enhancing Educational Opportunities / Improving Financial Literacy at ABM’s 50th Anniversary Celebration CSR Excellence Awards 2024. The program has also received the Bank of the Year for Community Empowerment award at the Sustainability & CSR Malaysia Awards 2024. To know more about the HLB DuitSmart financial literacy programs, visit https://www.hlb.com.my/en/personal-banking/campaigns/duitsmart.html 1https://www.straitstimes.com/asia/se-asia/more-malaysians-opting-for-gig-work-raising-fears-of-skilled-workers-shortage 2https://www.uncdf.org/article/6399/new-research-highlights-financial-health-of-gig-workers-in-malaysia-and-china Hashtag: #HongLeongBank #HLB https://www.hlb.com.my The issuer is solely responsible for the content of this announcement.

Media OutReach

Unity in Diversity: A Celebration of Malaysian Identity at Wesley Methodist School Kuala Lumpur (International)

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 7 August 2025 – At Wesley Methodist School Kuala Lumpur (International) (WMSKLI), Unity Day is not just a celebration, it is a bold reflection of what the school truly stands for: unity, respect, and a deep-rooted pride in Malaysia’s heritage. The thunderous rhythm of the 24 Festive Drums echoed across, uniting the crowd in awe. A powerful display of tradition, teamwork, and Malaysian spirit. This year’s Unity Day was a vibrant showcase of Malaysia’s multicultural richness, brought to life through traditional attire, cultural performances, interactive booths, and nostalgic games. Students, teachers, and guests from all walks of life came together, not just to enjoy the celebration, but to honour what it means to be Malaysian. While WMSKLI delivers the globally recognised Cambridge IGCSE curriculum, the school remains intentionally grounded in Malaysian values. What makes WMSKLI unique is its deliberate commitment to instil national pride, even among students pursuing international education. In a purposeful initiative, WMSKLI encourages its Year 11 students to take the SPM Bahasa Malaysia and Sejarah (History) papers. This effort is not merely academic and preparing them to be highly employable in Malaysia, but it is also about giving students a deeper understanding of their cultural roots, national language, and the historical journey that shaped the modern Malaysia. Unity Day is more than a day of celebration. It is a mirror of WMSKLI’s intentional fostering of unity amidst diversity. Through shared experiences: be it food, dance, language, or heritage, students are taught to celebrate differences and find strength in common ground. From the chants of dikir barat to the beat of kompang, from colourful baju kurung to traditional Indian dances, Unity Day served as a powerful reminder: while our cultures may differ, the spirit of unity binds us all. Our students paid tribute to Sabah’s rich heritage with a captivating dance, celebrating the beauty of East Malaysia’s traditions. In today’s fast-paced global landscape, WMSKLI stands out as a school that educates not only for success, but for significance. Here, students are nurtured to lead with empathy, grounded in their heritage, and respectful of others. Unity Day beautifully captured this vision. It reminded everyone that being truly international does not mean leaving behind one’s roots. At WMSKLI, it means embracing them and using them to shape a more connected, compassionate world. Students & teachers took to the stage to deliver a moving poetry recital—honouring Malaysia’s journey and reminding us all of the power of words to inspire unity. Hashtag: #WMSKLI #UnityDay #WesleyMethodistSchool https://kl.wms.edu.my/https://www.facebook.com/wmsklhttps://www.instagram.com/wmsklinternational/ The issuer is solely responsible for the content of this announcement. Wesley Methodist School Wesley Methodist School Kuala Lumpur International (WMSKLI) is a Christian international school offering the globally recognised Cambridge curriculum from Year 7 to Year 11. Grounded in strong Methodist values, WMSKLI is committed to nurturing students in a holistic and disciplined environment that emphasises academic excellence, character development, extra – curricular achievements and community service. The school aims to develop global citizens who lead with integrity, compassion, and purpose.

Media OutReach

Humansa Powers Chubb UTS Hong Kong 2025 with Humansa

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Strategic Partnership with HKCTA Set to Elevate Tennis Development and Promote Health and Longevity in Hong Kong HONG KONG SAR- Media OutReach Newswire – 7 August 2025 – Humansa, Asia’s premier health and longevity centre, is proud to be the Presenting Sponsor of Chubb UTS Hong Kong 2025 with Humansa, marking a significant milestone in its strategic partnership with the Hong Kong, China Tennis Association (HKCTA). The collaboration highlights Humansa’s dedication to advancing tennis as a scientifically validated approach to longevity while introducing innovative health solutions that benefit athletes and fans. From left to right: Mr. Michael Cheng, President of the HKCTA, Don So, CEO of Humansa, Chinese star Mr. Zhang Zhizhen Humansa Supports Tennis: A Science-Backed Approach to Longevity At the core of Humansa’s support for tennis lies our mission to extend healthspan and lifespan through evidence-based innovation. Tennis has been scientifically proven to be one of the most effective activities for longevity, with research indicating that participating in regular exercise such as tennis can potentially add up to 10 years to a person’s lifespan.[1] This remarkable benefit stems from tennis’s unique combination of aerobic and anaerobic exercise that enhances cardiovascular health and muscle strength, its high-intensity interval elements that improve metabolic function, and its inherent social engagement that reduces stress and supports cognitive health. By championing tennis in Hong Kong, Humansa reinforces its commitment to promoting scientifically validated longevity strategies, establishing the sport as a fundamental component of our wellness philosophy. A Shared Vision for Tennis Excellence and Longevity Humansa is collaborating with HKCTA in positioning Hong Kong as Asia’s premier tennis destination. This comprehensive partnership extends beyond tournament sponsorship to include youth development programs that nurture junior talent, elite athlete support systems focusing on performance optimization and injury prevention, and community engagement initiatives that promote tennis as a lifelong health activity. The alliance represents a shared vision to elevate both the sport and the health benefits it delivers to Hong Kong’s community. Mr. Michael Cheng, President of the HKCTA, said, “Our overriding mission is to promote tennis as a lifelong sport and to foster its growth across all levels in Hong Kong. Our vision is to build a dynamic tennis community while reinforcing Hong Kong’s position as a leading sports and major event hub and tourist destination—driving Hong Kong’s mega-events economy and establishing the city as a must-visit destination for regional and global travelers. The partnership with Humansa supports our efforts in highlighting the long-term health benefits of tennis and bringing greater visibility to the sport of tennis, whilst inspiring greater participation in sport across the whole community. “ “Humansa’s commitment to evidence-based wellness and longevity complements our goal of encouraging more people to embrace tennis, not only as a competitive sport but also as a sustainable lifestyle choice.” Ultimate Tennis Showdown – Tennis like never before! Globally acclaimed, innovative, tennis event the Ultimate Tennis Showdown (UTS) will be making its grand Asian debut in Hong Kong on 14-15 October 2025. Founded by Coach Patrick Mouratoglou (@patrickmouratoglou), this fun, fast, furious and ferocious format will bring a new experience to Hong Kong tennis fans. Its all-star line-up, which includes Australia’s top-ranked player and current World No. 8, 2024 UTS Grand Final London champion Alex de Minaur (@alexdeminaur); along with current world No. 11 player and 2024 UTS Oslo champion Andrey Rublev (@andreyrublev); Chinese star Zhang Zhizhen (@zizi_zhang96) ; and tennis fans’ favourite, the Australian Nick Kyrgios (@k1ngkyrg1os). Hailing from the Czech Republic, 19-year-old Jakub Mensik (@mensi.jakub), ranked No. 18, a next generation tennis star who made his UTS debut at this year’s UTS Guadalajara before defeating Novak Djokovic in the Miami Masters 1000 final to claim the championship. Meanwhile, Latin America’s top ranked Francisco Cerundolo (@francerundolo) also makes his UTS debut. Two more mystery player will be announced soon, stayed tuned! Humansa will provide UTS competitors with exclusive access to premium recovery and performance services during the tournament, including on-site physiotherapy and stretch therapy from our expert team. Players will also enjoy full access to Humansa Victoria Dockside for personalized pre- and post-event recovery programs. Valued Humansa members can join us for an exclusive VIP experiences which includes courtside seating, players interaction, behind the scene access, special wellness experiences at the Humansa Experience Zone, unique souvenirs, and much more! Racket Sports Longevity Series The partnership will see the introduction of Humansa’s innovative Racket Sports Longevity Series, a tailored collection of services designed to enhance athletic performance and promote longevity. This groundbreaking series incorporates advanced AI-driven injury prevention technology, specialized recovery protocols for elite athletes, nutrition plans optimized for longevity, and comprehensive biomarker tracking to maintain peak performance levels. Don So, CEO of Humansa, explained the strategic thinking behind the collaboration: “Our partnership with the HKCTA and the UTS embodies our vision of integrating health innovation with sporting excellence. Tennis represents more than just competition—it’s a proven longevity accelerator. By providing athletes and fans with scientifically validated solutions, we’re helping them achieve superior performance, faster recovery, and extended healthspan.” Humansa’s involvement in Chubb UTS Hong Kong 2025 forms part of a sustained commitment to tennis development and its associated health benefits. Looking ahead, the company plans to collaborate with additional regional and international HKCTA events, establish youth development camps incorporating Humansa’s wellness resources, and conduct joint research with HKCTA into athlete health, performance and longevity. Through these initiatives, Humansa reaffirms its dedication to helping individuals live healthier, longer lives by leveraging tennis as a powerful vehicle for longevity. [1] https://pubmed.ncbi.nlm.nih.gov/30193744/ & https://www.health.harvard.edu/blog/racket-sports-serve-up-health-benefits-2017060911780 Hashtag: #Humansa The issuer is solely responsible for the content of this announcement. About Humansa Humansa, Asia’s first and leading one-stop health and longevity center, is transforming health and wellness with cutting-edge science, AI-driven insights, and personalized care. Founded in 2020 and based in Hong Kong, we operate over 40 centers, serving 80,000+ clients annually, empowering them to enjoy lives for as long as possible. Humansa’s flagship store, located at Victoria Dockside, prioritizes prevention, health optimization, and education. By streamlining fragmented services, we empower individuals

Energy & Technology

KMITL And AWS Launch New Scholarship Initiative

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King Mongkut’s Institute of Technology Ladkrabang (KMITL) and Amazon Web Services (Thailand) Ltd (AWS) have jointly introduced the Advanced Data Center Engineering Excellence Scholarship Programme, aimed at cultivating the next generation of Thai digital engineers, boosting research and development, and positioning Thailand as a regional hub for digital infrastructure. The initiative includes the development of a specialised master’s degree curriculum in data centre engineering to meet rising demand for skilled professionals in this field. The programme will also support advancements in AI-powered infrastructure. From left to right: Mr Komsan, Mr Narit and Mr PK during the recent launch of the scholarship programme. Thailand has rapidly emerged as a digital investment hotspot. According to the Board of Investment (BoI), 2024 saw the establishment of 34 data centres, with combined investments exceeding 350 billion baht. In the first half of 2025 alone, 89 digital industry investment applications were received, including 30 for new data centres. BoI Secretary-General Narit Therdsteerasukdi noted that Thailand is seeing robust demand for cloud services, data processing, and AI-driven digital solutions. With its strong infrastructure and strategic location, Thailand aims to become Southeast Asia’s premier digital investment destination. The government supports this goal with attractive tax incentives, streamlined visa processes for tech professionals, and close collaboration with academic institutions to nurture local talent. Mr Narit also highlighted Thailand’s readiness to support large-scale digital infrastructure, with 1,000 megawatts already allocated for data centre operations. AWS, the first hyperscaler to partner with BoI on developing a hyperscale data centre in Thailand, is making a long-term investment of US$5 billion in the region through 2037 — covering both infrastructure and talent development. The scholarship programme reflects AWS’s commitment to shaping the future of digital infrastructure and supporting the goals of Thailand 4.0. Saji PK, AWS’s Director of Data Centre Operations for Asia-Pacific Japan and China, said the programme will train future-ready talent through a curriculum focused on sustainable design, energy-efficient data centre operations, and the use of AI in infrastructure management. It is being developed in collaboration with KMITL’s College of Innovation and Industrial Management. AWS is contributing copy00,000 (likely a typo; assumed to be US$100,000) to support 16 scholarship recipients under this programme. KMITL President, Professor Dr Komsan Maleesee, emphasised that the initiative will help cultivate agile researchers and innovators ready to make an impact beyond academic settings. Supporting this, Total Maker Co Ltd’s General Manager, Supoj Buapa — also a PhD candidate at KMITL — shared that he has already developed a locally made Data Center Infrastructure Management (DCIM) software and smart cooling hardware. His cold aisle containment system is 30% cheaper than foreign alternatives, offering superior customisation tailored to local industry needs. This scholarship initiative marks a key step in strengthening Thailand’s digital capabilities and talent pipeline as global demand for data centres and digital services continues to grow.

News

InvestKL Attracts RM2.8 Billion In Committed Investments For H1 2025

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KUALA LUMPUR, InvestKL has secured RM2.8 billion in committed investments in the first half of 2025, paving the way for the establishment of five new regional hubs in Greater Kuala Lumpur and creating 1,197 high-skilled job opportunities. The achievement underscores Greater KL’s growing appeal as a preferred location for high-value, innovation-led global services and aligns with Malaysia’s strategy for long-term economic resilience. The latest investments span diverse sectors, including IT infrastructure, consumer healthcare, materials science, financial asset servicing, and renewable energy. These hubs are set to drive regional expansion for global players and further strengthen Malaysia’s standing in the global services value chain. Highlights of the new regional setups include: A Mainframe Centre of Excellence by the world’s largest IT infrastructure services provider, supporting mission-critical systems across core industries. A Global Business Services Hub by a prominent healthcare conglomerate, optimising operations across Southeast Asia. A Multifunctional Regional Hub by a global leader in materials science and digital ID technologies, focused on advanced manufacturing and supply chain innovation. A Centre of Excellence from a top financial services firm, delivering asset servicing, compliance, and IT support. A Digital-First Global Services Hub by a major renewable energy company, advancing green transformation and regional sustainability efforts. “These investments reflect strong and sustained confidence in Malaysia’s fundamentals, and further reinforce Greater KL’s competitiveness as a regional business hub,” said Datuk Muhammad Azmi Zulkifli, CEO of InvestKL. “As global businesses adapt to shifting market dynamics, including trade realignments and increased tariffs, Greater KL offers a future-ready ecosystem built on solid infrastructure, highly skilled talent, and strong government support. We are also seeing an upward trend in AI and digital-driven investments — a clear signal of Malaysia’s commitment to high-value, innovation-centric economic growth,” he added. The 1,197 high-skilled positions span regional, specialist, and support functions, with average executive salaries exceeding RM11,700 per month. To date, InvestKL has facilitated the setup of over 150 global service hubs and the creation of more than 31,000 high-skilled jobs, supporting national aspirations outlined in the Madani Economy Framework, National Investment Aspirations (NIA), NIMP2030, and Malaysia’s broader development plans.

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