To accelerate green transition, Penang State is organizing the Penang Green Finance Conference 2022 that will feature speakers from Bank Negara Malaysia, Capital Markets Malaysia, European Investment Bank, Asian Infrastructure Investment Bank and a number of commercial banks including Malayan Banking Berhad, CIMB Bank and UOB Malaysia.

Whether you are interested in understanding the landscape of green financing in Malaysia, or are looking to explore financing opportunities for your business, this is the event to be, the first of its kind in the Northern Region.

The Government will continue to provide incentives for local assembly or manufacturing of Energy Efficient Vehicles, or EEV, including EVs, as well as component makers or OEMs, in order to stimulate investment and accelerate the development of the EV ecosystem.

This move is seen as critical in increasing demand for EVs as well as making EVs more inclusive and affordable for all, as it encourages investment not only in vehicle and component manufacturing, but also in the EV support infrastructure.

Malaysia's electrical and electronics (E&E) sector is expected to contribute RM120 billion to the country's GDP and generate RM495 billion in export earnings by 2025 as Malaysia continues to attract high-quality investments and is expected to uphold its growth trajectory.

Mattel Malaysia (MMSB) commemorated its 40th anniversary in Malaysia with the announcement of a plant expansion, expected to be completed in January 2023. The world’s largest Hot Wheels manufacturing plant, MMSB is also the world’s only manufacturer of Hot Wheels singles, the top-selling toy globally in 2021. The plant has a current average output capacity of approximately 9.0M cars per week.

IBM has expressed its continued commitment to sustainability and the need to create better pathways to conserve natural resources, reduce pollution, and minimise climate-related risks.

IBM Malaysia Managing Director and Technology Leader Catherine Lian said the company aims for environmental leadership in all of its business activities, from its operations to the design of its products and use of its technology.

BMW launched a new electric vehicle (EV) charging service in Malaysia in conjunction with local company JomCharge.

The deal with JomCharge gives BMW customers access, through BMW Charging, to 100 charging stations in major cities and national highways across the country, helping to alleviate ‘range anxiety’.

HOSA, an Oasis International School (OIS) student-led club focused on developing student interest in health and medicine careers, hosted the first OIS blood drive! They desired to be a part of the solution to Malaysia's lack of blood supply.

Well done to the HOSA team at OIS for contributing to those in need.

AI Adoption has more than doubled since 2017, though the proportion of organizations using AI has plateaued between 50 and 60 percent for the past few years. A set of companies seeing the highest financial returns from AI continue to pull ahead of competitors. The results show these leaders making larger investments in AI, engaging in increasingly advanced practices known to enable scale and faster AI development, and showing signs of faring better in the tight market for AI talent.