Energy & Technology

Energy & Technology, Investment & Market Trends

Malaysia To Showcase Modern Rail Tech At InnoTrans 2024 In Germany

KUALA LUMPUR: Malaysia will be showcasing its dynamic rail industry and innovations at the upcoming InnoTrans 2024, the leading trade fair for transport technology in Germany. InnoTrans 2024, which is scheduled to be held from September 24 to 27 in Berlin, brings together industry leaders, innovators and stakeholders to explore the latest trends and developments in rail transport. Malaysia’s participation is organised by the Malaysia External Trade Development Corporation (Matrade). “The event will allow us to highlight our expertise in the rail industry, particularly in technological innovation, sustainable solutions, rolling stock, digital solutions and maintenance, repair and overhaul (MRO) services. “Matrade is poised to demonstrate our commitment in driving the technological advancements and sustainable solutions in the global rail sector by sending a strong delegation that includes the key players in the industry, government agencies and trade associations,” Matrade deputy chief executive officer (export acceleration) Abu Bakar Yusof said in a statement. He said one of the distinguishing features of Malaysia’s rail industry is its emphasis on sustainability. He said that embracing green technologies and implementing eco-friendly practices highlights Malaysia’s commitment as a nation poised to become among the regional and global leaders in railway infrastructure development. “These efforts align with Matrade’s initiative in facilitating Malaysian exporters to embrace and adopt sustainability and eventually contribute to global efforts to combat climate change,” said Abu Bakar. German railway sector presents significant opportunities for Malaysian firms, particularly in the domains of power supply, signalling technology, rolling stock, track technology, MRO services, and re-manufacturing activities. In 2023, Malaysia’s total trade to the German market stood at RM47.8 million, an increase of 25 per cent from the previous year. Matrade Frankfurt trade commissioner Mohamad Termizi Piee highlighted the potential for Malaysian businesses in the German rail market, which the country is currently working towards its ambitious targets for its railway system for the year 2030, aimed at modernising infrastructure, improving services, and promoting sustainability. He noted that the significant expenditures made recently in equipment and infrastructure were credited with this growth. “Market growth prospects are significant, fuelled by a growing demand for rail services due to a push for eco-friendly transport, infrastructure improvements and new technologies, with the global rail transport market expected to reach RM3.1 trillion by 2030,” he added. Overall, Malaysia’s global trade in the rail sector continued its upward trend in 2023, with a double-digit increase of 14.3 per cent to reach RM1.3 billion. Matrade intends to increase exports of rail products and services to capitalise on the resurgent global trend towards rail transportation in the post-pandemic era. Within the same year, Malaysian rail exports globally totalled RM547.2 million, with the top five destinations, namely Singapore, China, Taiwan, the United States, and Hong Kong. Major export products include cargo containers, rolling stock, railway parts and signalling devices. InnoTrans is the leading international trade fair for transport technology, covering all aspects of rail transport, from infrastructure to rolling stock, signalling systems and digitalisation solutions. InnoTrans attracts industry professionals, exhibitors and visitors from around the world. This event presents a valuable platform for Malaysian rail companies to highlight their advancement in rail technology, sustainability and industry collaboration. Matrade invites Malaysian companies and related organisations in the rail industry to join Malaysian Pavilion at InnoTrans 2024 where the agency will host business-to-business (B2B) meetings and memorandum of understanding (MoU) signings, showcasing Malaysia as a reliable international partner in rail engineering, procurement, construction and commissioning.

Energy & Technology

Tanjung Pelepas Port Adds Five ULCV Quay Cranes From China

KUALA LUMPUR: Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between the MMC Group and the Netherlands-based APM Terminals, signed an agreement with Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC) to purchase five ultra-large container vessel (ULCV) Quay cranes. PTP chairman Tan Sri Che Khalib Mohamad Noh expressed his confidence in the partnership, highlighting ZPMC’s well-established reputation in port equipment manufacturing. He emphasised the strategic significance of the acquisition, stating that these advanced cranes represent a critical step in PTP’s ongoing commitment to delivering best-in-class capabilities and services to its customers and all other stakeholders. “This latest investment in equipment emphasises PTP’s dedication to efficiently handle the rising volume of containerised cargo at its terminal, ultimately strengthening regional trade dynamics,” Che Khalib said in statement. The agreement was formalised during a ceremony held at PTP, with PTP chief executive officer Mark Hardiman and ZPMC’s vice president Celilia Shen presiding over the signing. Hardiman reiterated the importance of this purchase within PTP’s comprehensive equipment modernisation strategy. “The acquisition of these five ULCV quay cranes symbolises a significant capacity expansion and upgrade of our equipment and facilities. “This development marks a crucial advancement in PTP’s steadfast dedication to prioritising customer satisfaction by delivering enhanced capabilities and services. “These technologically advanced machines will substantially augment PTP’s ability to enhance terminal efficiency and port-related activities, effectively managing the escalating volume of containerised cargo and facilitating swift and seamless regional trade while upholding the highest safety standards,” he said. Hardiman said while PTP fortifies its operational capabilities, the port remains firmly committed to its sustainability goals. He said the acquisition of these new cranes adheres to standards and guidelines that align with PTP’s adherence to the Paris Agreement and commitment to environmentally responsible practices. He added that PTP’s ongoing efforts to achieve a targeted 45 per cent reduction in emissions by 2030 remain a critical aspect of its sustainability agenda. Shen conveyed ZPMC’s appreciation for PTP’s trust and affirmed their commitment to the timely delivery of the equipment. She expressed the company’s pride in partnering with PTP and emphasised ZPMC’s dedication to delivering innovative and reliable port equipment solutions. ZPMC is China’s largest and the world’s largest manufacturer of cranes and large steel structures. PTP is Malaysia’s busiest transhipment hub that can handle 13 million TEUs (twenty-foot equivalent units) annually. The port delivers reliable, efficient, and advanced services to major shipping lines and box operators, providing shippers in Malaysia and abroad with extensive connectivity to the global market. PTP is currently ranked 15th among the world’s top container ports in terms of throughput.

Energy & Technology

ExecuJet MRO Services Opens MRO Facility At Subang Airport

KUALA LUMPUR: ExecuJet MRO Services Malaysia, a wholly owned subsidiary of Dassault Aviation, has moved into its new purpose-built maintenance, repair, and overhaul (MRO) facility at Subang Airport in Kuala Lumpur. This internationally certified MRO facility reinforces Malaysia’s position as a regional MRO centre and highlights Asia’s importance as a growing business aviation market. ExecuJet MRO Services regional vice president Asia Ivan Lim said the benefit of having a purpose-built MRO facility that includes new features to support MRO activity, such as a built-in overhead crane for aircraft engine changes, can be future-proofed. “We also designed the hangar and workshops to optimise the workflow through the facility. “The 105,000-ft 2 hangar can accommodate up to 15 medium and large business jets simultaneously, including the ultra-large-cabin Dassault Falcon 6X and Falcon 10X. “Our previous facility at Subang Airport was smaller, and the hangar was originally designed for aircraft undercover parking,” he said in a statement. The 149,500-ft two MRO centre, the largest business aviation maintenance facility at Subang Airport, also includes workshops, storage space, offices for staff and customers, training rooms as well as rest areas. This purpose-built facility offers customers the full suite of MRO services, from line maintenance and aircraft-on-ground (AOG) support to heavy maintenance checks, cabin interior refurbishments, satcom installations, avionics upgrades and other advanced modifications. The aircraft types covered are those from Dassault Aviation, Bombardier, and Gulfstream. “The business aviation industry in Asia, particularly Southeast Asia, has witnessed strong growth, driving demand for MRO services. “The larger, purpose-built facility at Subang Airport allows us to cater to the growth in the business aviation market and expand our MRO capabilities,” said Lim. The new hangar’s energy-saving design elements include large windows that allow for more natural light, LED lighting, high-volume, low-speed overhead fans for cooling, an 85kW rooftop solar system, and water tanks for harvesting rainwater. ExecuJet MRO Services Malaysia is certified by the Civil Aviation Authority of Malaysia, the European Aviation Safety Agency (EASA), the US FAA, the Civil Aviation Administration of China, and other national civil aviation regulators worldwide. In a separate development, EASA and the US FAA have certified ExecuJet MRO Services Malaysia will perform line maintenance and provide AOG support for Falcon 6X aircraft throughout the region.

Energy & Technology

BJAK Launches RM150MIL Free Road Tax Programme

KUALA LUMPUR: BJAK Sdn Bhd, Malaysia’s leading digital insurance platform, has launched its RM150 million free road tax program, set to transform how people renew road tax in Malaysia. It will provide all Malaysians with the chance to renew their motorcycle and car road tax for free, backed by an allocation of RM150 million to support the campaign’s success. Since its establishment, BJAK has been at the forefront of digital innovation in the automotive industry. With millions of transactions completed, BJAK has earned its reputation as a reliable and efficient service provider. The pledge of RM150 million to subsidise vehicle owners’ road tax renewals for free through the BJAK platform has commenced since March 2024. This is a bold step forward in the company’s mission to drive digital adoption and streamline administrative processes for the people of Malaysia. This initiative is expected to benefit over 6 million users across Malaysia, providing them unparalleled ease and accessibility in renewing their road tax obligations. “As a technology-driven company, we are committed to accelerating the digitalisation of Malaysia, and this initiative perfectly aligns with our vision,” BJAK vice president of marketing  Mandy Foong said in a statement. “This significant investment aims to encourage more Malaysians to embrace digital solutions for road tax renewal, accessing the benefits of digitalisation with simplicity, choice, and convenience,” she said. The program is not only in line with the government’s MyRoadTax digitisation efforts but also supports Malaysia’s broader agenda for digital transformation. By promoting online renewal, BJAK aims to reduce the need for physical visits to renewal centres, thereby cutting down on queues and increasing overall efficiency. In addition to the free renewal offer, BJAK is also addressing the financial concerns of vehicle owners by providing an insurance renewal instalment plan. This plan allows customers to spread their payments over 12 months, making the process more accessible and manageable for everyone. Furthermore, this campaign is a testament to BJAK’s commitment to environmental sustainability. By reducing the need for paper-based transactions and physical travel, the initiative contributes to a greener, more sustainable future. In line with the national push for digitalisation, the Road Transport Department (JPJ) recently introduced a digital road tax system, allowing vehicle owners to share their e-LKM (electronic road tax) with other drivers through the MyJPJ app. This initiative further simplifies the process for vehicle owners and aligns with the government’s vision of digitalising services JPJ provides. The RM150 million free road tax program is not just about saving money, it’s about moving together into a more digital and efficient future. As part of the campaign, BJAK will leverage engaging gamification techniques to enhance user participation and ensure a rewarding experience. Through modern technology, BJAK is poised to revolutionise the insurance and road tax renewal process and set new benchmarks for digital service delivery in Malaysia.

Energy & Technology

MyIX Reports 20PC Surge In Internet Bandwidth Demand, To Continue Lowering Port Fees

KUALA LUMPUR: The demand for internet bandwidth has reached new highs, with a 20 per cent year-on-year (YoY) increase from 2022 to 2023. Malaysia Internet Exchange (MyIX) said that demand reached its highest at 2.311 TeraBits (Tbps) per second in the past year, a positive surge from the 1.938 Tbps peak in 2022, the highest ever recorded since its establishment in 2006. “Our findings indicate that there has been a significant rise in online activities throughout the country,” said MyIX chairman Chiew Kok Hin. MyIX, an initiative under the Malaysian Communications Multimedia Commission (MCMC), is the country’s largest internet exchange. Its mission is to enhance Malaysia’s internet infrastructure by empowering members to exchange traffic and optimise network performance. In response to this growing demand, the MyIX committee has decided to reduce its port pricing to offer more benefits to its members. Effective April 1, 2024, this new pricing strategy will see reductions ranging from 10-20 per cent off the current rates. Specifically, the cost for a 1Gbps port will be lowered to RM400 per month (down from RM500), a 10Gbps port will be reduced to RM1,600 per month (previously RM2,000), and a 100Gbps port will now be RM7,200 monthly (previously RM8,000). “The revision in MyIX’s pricing positions us as one of the region’s most affordable – if not the most affordable – internet exchanges,” said Chiew. He was speaking after concluding MyIX’s annual general meeting which was also attended by MCMC head of technology development Mohamed Hakim Othman. “Active peering members bring value to the IX community, which supports Malaysia’s goal to improve internet speed, affordability and access, contributing to a digitally inclusive society,” said Chiew. “Through strategic pricing adjustments, MyIX has further strengthened Malaysia’s role in the regional digital economy, promoting growth and innovation at all levels,” he said. MyIX is also reinforcing its commitment to nurturing local talent. As part of its various corporate social responsibility (CSR) initiatives, the exchange recently hosted a free training programme to empower selected individuals with the knowledge and expertise much needed in today’s digital economy, particularly regarding network infrastructure. Furthermore, MyIX’s effort to build a skilled workforce is extended through the MyIX Fellowship Programme, which offers fellowships to member organisation staff to attend workshops at the annual Asia Pacific Regional Internet Conference on Operational Technologies (APRICOT) conference. This initiative, which commenced this month with the APRICOT 2024 in Bangkok, Thailand, focused on critical areas like IPv6 Deployment and Internet Routing/RPKI. These initiatives reflect MyIX’s strategic approach to enhancing industry-related skills, ensuring the Malaysian internet sector remains at the forefront of technological advancements.

Energy & Technology, Investment & Market Trends

ARB Collaborated With UTM, Attrelogix To Establish AI Data Analysis Lab

KUALA LUMPUR: Main Market-listed information technology (IT) software and platform provider ARB Bhd has collaborated with Universiti Teknologi Malaysia (UTM) and Attrelogix Networks Sdn Bhd (ANSB) to establish an artificial intelligence (AI) data analysis lab. This initiative is set to revolutionise the field of AI technologies in Malaysia and beyond. The collaboration brings together ARB as the platform partner, UTM as the research partner, and ANSB as the technology partner. The partnership aims to harness the collective expertise and resources of the parties involved to develop an advanced AI data analysis system that will provide actionable insights and facilitate agile decision-making processes. ARB executive director Hong Zi Shen said through this initiative, the collaboration of the AI data analysis lab marks a significant milestone in its journey to advance AI research in AI and technology by collaborating with leading institutions and experts in the field. “We are confident in our ability to drive innovation, inspire learning and shape the future of AI. “Together with our collaboration partners from local universities and technology partners, we look forward to unlocking new possibilities and shaping the future of AI-driven solutions,” he said in a statement. In light of UTM’s establishment of Malaysia’s first AI study centre, this collaborative endeavour has been undertaken to foster a mutually beneficial relationship to materialise the AI study centre’s objectives of establishing an AI data analysis lab. The partnerships will focus on creating an AI system which will contribute to the opportunity to enhance research capabilities in AI, serve as a platform for the development of cutting-edge AI technologies and solutions, and support educational initiatives by providing students and researchers with hands-on experience in AI development, fostering a deeper understanding of AI concepts and techniques. Additionally, ARB will provide scholarships and sponsorships to UTM students engaged in research activities in AI data analysis, nurturing the next generation of AI experts. The partnership aims to develop greater expertise in AI technologies through strategic collaborations and initiatives. ANSB director Kent Choong said this partnership with UTM marks a significant milestone in its journey towards becoming a partner in AI and technology. “By involving the first AI data analysis lab in Malaysia, we are not only advancing the technological landscape but also empowering our students and researchers to push the boundaries of innovation,” he said. UTM Azman Hashim International Business School Dean Professor Dr Rosmini Omar, who represents UTM, shared her excitement about the collaboration. “UTM is committed to being at the forefront of AI education and research. “This collaboration with ARB and ANSB will enable us to leverage our expertise and facilities to make significant strides in AI data analysis and contribute to developing cutting-edge solutions that will benefit industries and society as a whole,” she said. The partnership between ARB, UTM, and ANSB is poised to set new AI research and development standards and drive innovation and excellence in the field.

Energy & Technology, Investment & Market Trends

Chinese EV Brand XPeng to Enter Malaysian Market

KUALA LUMPUR: Bermaz Auto Bhd (BAB) has confirmed that XPeng, the Chinese electric vehicle manufacturer, will enter the Malaysian market. In a filing with Bursa Malaysia, BAB said the company had been appointed as the authorised distributor for XPeng in Malaysia. According to a local news report, the announcement was timely after XPeng’s co-founder and chief executive officer He Xiaopeng was quoted as saying that the company intends to introduce right-hand drive (RHD) models in the latter half of this year. He also said that Malaysia is among the target markets for the upcoming RHD XPeng model, while Hong Kong and Singapore are other RHD markets targeted. BAB, which oversees Mazda and Kia in Malaysia, did not specify a timeline or particular models slated for release in the country. However, XPeng president Brian Gu had previously indicated that the company’s RHD vehicles would likely be the G6 crossover sports utility vehicle (SUV), albeit with potential updates for the international version. Headquartered in Guangzhou, XPeng has established multiple facilities beyond China, including two research and development centres in the United States, a competence centre in Munich, a financial hub in Hong Kong, and a European headquarters in Amsterdam. Additionally, the company is listed on both the New York Stock Exchange and the Hong Kong Stock Exchange.

Energy & Technology

Rolls-Royce Supplies, Commissions Four MTU Kinetic PowerPacks To X-FAB Sarawak

KUALA LUMPUR: British multinational aerospace and defence company Rolls-Royce Holdings Plc has supplied and commissioned four of its mtu Kinetic PowerPacks to X-FAB Sarawak. X-FAB Sarawak is the Malaysian division of X-FAB Silicon Foundries, a leading foundry group for specialty semiconductor applications. The dynamic uninterruptible power supply (DUPS) units secure the critical power load for operations at the company’s manufacturing site in Kuching, Sarawak. mtu Kinetic PowerPacks are engineered to perform seamlessly under the most demanding power supply challenges. They provide immediate, high-quality power through the use of kinetic energy. The units eliminate the need for batteries as in a standard UPS configuration, offer a much smaller footprint, and are environmentally friendly due to their 20+ year equipment life and ability to run on sustainable fuels such as HVO. “Being secure in the knowledge that the power supply is reliable and of the highest quality, even during times of grid instability or interruption, is important for any business but is especially vital for a company such as X-FAB Sarawak, which has a consistent, high-level output of critical products and supports many employees and corporate functions,” Rolls-Royce Solutions Asia Pte Ltd project manager Bryan Foo said in a statement. The X-FAB site in Kuching manufactures semiconductor wafers for automotive, industrial, and medical applications. It has over 1,400 employees and a wide range of operations, such as finance and procurement. The four installed mtu Kinetic PowerPacks feature a medium voltage, parallel system configuration offering 2000 kVA (1600kW). They replace older, existing DUPS units from a different manufacturer that were experiencing ongoing issues with dropping critical load from the mains. In normal operation, when the public power supply is working, the mtu Kinetic PowerPacks use a choke – a heavy, rotating electromagnetic coil – to compensate for the power grid’s short-term current and voltage fluctuations. The Kinetic PowerPacks also come with an MTU ValueCare service agreement, which provides preventative maintenance at regular intervals and technical support to ensure maximum performance. Rolls-Royce Solutions Asia Pte Ltd project engineer Elvenrey Rios said the company’s project team upheld X-FAB’s strong safety culture, product quality and user-friendly equipment throughout the process. “The reliable critical load support provided by the current mtu Kinetic PowerPacks has also resulted in the customer engaging Rolls-Royce for an additional unit,” he said.

Energy & Technology

SMTrack, Straits Millennium Collaborate To Digitise Malaysia’s Rural Communities

KUALA LUMPUR: SMTrack Bhd has established a partnership with Straits Millennium Sdn Bhd (SMSB), a facility management service provider for digital economy initiatives for rural communities in Malaysia This partnership signifies the beginning of a collaborative effort to transform rural community centres in Malaysia by implementing digital economy initiatives as part of the Smart Village Program. Both companies will form a special purpose vehicle (SPV) to tender for projects under the Smart Village Program project. The investment reflects both parties’ commitment to this venture, with SMTrack holding a 60 per cent stake and SMSB holding 40 per cent. SMSB operates in the support services sector, which comprises construction, facility management, information and technology (IT) infrastructure, energy, oil and gas, marine, and general trading. SMTrack deputy executive chairman Datuk Azmi Osman said the joint venture between SMTrack and SMSB is a strategic move to leverage the company’s combined technology and facility management strengths. “Our goal is to ensure that the rural communities of Malaysia can enjoy the benefits of the digital economy, thus bridging the urban-rural divide,” he said in a statement. This collaboration aligns with the government’s initiative, Dasar Pembangunan Luar Bandar 2030 (DPLB), launched in June 2019. DPLB aims to prepare rural communities for local and global challenges and, more importantly, accelerate transformation in rural Malaysia by 2030. The Smart Village Projects aims to provide rural communities with high-speed internet access and digital technologies, enhancing education, healthcare, and economic opportunities through digital marketplaces and smart farming. SMTrack’s non-independent non-executive director Datuk Zaidi Hashim said this venture is a significant step forward for SMTrack and a testament to the immense potential of digitising rural Malaysia. “By empowering these communities with digital tools and infrastructure, we are not only enhancing their quality of life but also unlocking new economic prospects for the nation,” he said. As agreed by both parties, the formation of the SPV underscores their dedication to the successful execution and management of the project. With a strategic allocation of resources and expertise, this joint venture is poised to significantly contribute to the digital empowerment of Malaysia’s rural community centres, paving the way for a brighter, more connected future. SMSB chief strategy officer Norresah Abu Samah said the company’s collaboration is a testament to its shared vision of empowering rural communities through innovative digital solutions. “Together, we are set to make a tangible difference in the lives of Malaysia’s rural population,” she said.

Energy & Technology

Sime Darby Auto ConneXion Launches Assurance Programme For Pre-Owned Ford Models

KUALA LUMPUR: Sime Darby Group’s automotive unit, Sime Darby Auto ConneXion (SDAC), has launched Ford Assured, a programme offering certified pre-owned Ford models. This is part of the company’s commitment to continuously enhance the customer experience. The Ford Assured programme is a comprehensive assurance and certification effort aimed at instilling confidence among customers who consider purchasing pre-owned Ford vehicles. The Ford Assured programme is a meticulous inspection and certification process that ensures pre-owned Ford cars meet stringent quality and performance standards. This programme is tailored to enhance customers’ overall pre-owned car buying experience, reinforcing Ford’s commitment to quality, reliability, and customer satisfaction. The programme entails stringent vehicle standards, requiring pre-owned Ford vehicles to be below five years old or have mileage below 140,000km for Ranger and 80,000km for Everest, with a comprehensive full-service history. Moreover, a meticulous 96-point inspection conducted by certified technicians ensures that every facet of the pre-owned Ford vehicle, from mechanical performance to cosmetic appearance, meets the highest standards. Furthermore, specific refurbishment standards ensure the refurbishment process is executed professionally, promoting consistency and quality across all certified pre-owned Ford vehicles. Sime Darby Motors managing director Southeast Asia Jeffrey Gan said that despite the growing demand in Malaysia’s pre-owned vehicle segment, the company remains steadfast in its dedication to meeting consumer needs. “Reflecting our trusted reputation across the automotive sector, the Ford Assured Programme mirrors Sime Darby Motors’ relentless pursuit of setting industry benchmarks and enhancing the overall automotive experience,” he said in a statement. The Ford Assured Programme offers a minimum 12-month warranty covering the engine and gearbox, subject to terms and conditions. These conditions include requiring the vehicle’s mileage to be below 140,000km for Ranger, 80,000km for Everest and below 5 years old. Additionally, the warranty stipulates that vehicle parts must not be replaced or modified by third parties and must be serviced, maintained, and repaired by authorised Ford dealers at recommended service intervals. SDAC managing director Turse Zuhair said with the introduction of the Ford Assured Programme, the company has elevated the pre-owned vehicle landscape. “Demonstrating our commitment to delivering unparalleled quality and customer satisfaction, the programme is a testament to our rigorous standards in customer assurance, providing a trusted solution for those searching for a reliable and high-quality pre-owned Ford vehicle,” he said. This offering from SDAC is currently available at the Ford Ara Damansara showroom.

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