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2024-12-04 23:33:33

CGS International sees potential downside risks to Malaysia’s technology sector earnings
CGS International said Tuesday that the potential trade and industry policy changes under newly elected US President Trump, headwinds from Malaysian Ringgit’s strengthening against the US dollar, as well as muted demand recovery for consumer electronics, could lead to downside risks to Malaysia’s technology sector earnings. The research house said in a note that President...

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2024-12-21 14:14:52

Malaysia’s investment “sweet spot,” Penang, to open new tech park
Penang’s state chief wants to foster an “ecosystem for innovation” as supply chains shift. Long known as a “Silicon Island” for its manufacturing prowess, the northern Malaysian state of Penang is now sharpening its focus in an effort to dominate high-value technology sectors, including semiconductors and medical equipment, as global supply chain shifts create new...

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