Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Malaysia Industry Insider.

POET Signs Manufacturing Agreement with NationGate Solutions in Malaysia
TORONTO, June 24, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Corporation”) (TSX Venture: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for artificial...

South Korea’s President Forges Strategic Relations with Indonesia, Malaysia
(MENAFN) On Monday, South Korean President Lee Jae Myung engaged in separate phone conversations with Indonesian President Prabowo Subianto and Malaysian Prime Minister Anwar Ibrahim to explore opportunities for deepening bilateral relations,...

Nibav Launches Compact, Air-Driven Home Elevators in Malaysia to Meet Rising Demand for Smart Living
Series IV air-driven home lifts in Malaysia—compact, smart, and energy-efficient for modern, accessible living. KUALALUMPUR, MALAYSIA, June 23, 2025 /EINPresswire.com/ -- Nibav Lifts, a global brand specializing in air-powered residential...

China Reaffirms Support to Southeast Asia's Nuclear-Free Zone
(MENAFN) China has reaffirmed its strong backing for the establishment of a nuclear weapon-free zone in Southeast Asia, with a commitment to lead the way in signing a key treaty. During a press briefing in Beijing on Thursday, Chinese Foreign...

Premio Adds New Standalone IP65-Rated Industrial Monitors to Its All-in-One (AIO) Touchscreen Computer Product Line
The AIO-200-MX Series delivers industrial-grade durability and flexible display options for HMI applications at competitive prices. LOS ANGELES, CA, UNITED STATES, June 23, 2025 /EINPresswire.com/ -- Premio Inc., a global leader in rugged edge...

Lee Jae Myung Discusses Ties with Indonesia, Malaysia
(MENAFN) South Korean President Lee Jae Myung held individual phone conversations on Monday with Indonesian President Prabowo Subianto and Malaysian Prime Minister Anwar Ibrahim to explore bilateral ties, according to a news agency. These...

Malaysia’s Auto Sales Post Decline in May
(MENAFN) Malaysia’s automotive market faced a 3.2 percent year-on-year decline in car sales during May, with total units sold reaching 68,007. This drop contributed to a 4.97 percent decrease in the total industry volume (TIV) for the first five...

Optimove on Pace to More than Double New iGaming Clients in 2025, Fueled by Optimove Ignite+ and Gamification Innovation
New York, July 03, 2025 (GLOBE NEWSWIRE) -- Optimove, the creator of Positionless Marketing and the #1 Player Engagement Platform in iGaming, today announced record-setting growth, projecting more than double new iGaming clients added in 2025...

ECARX white paper shows 50+% reduction in integration time for Google's world-leading GAS automotive application suite
LONDON, July 03, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today released a white paper sharing insights into integrating Google Automotive Services (GAS), with a...

Global Electronics Association Debuts; New Name Elevates IPC’s 70-Year Legacy as Voice of $6 Trillion Electronics Industry
Electronics Standards and Certifications Leader Unveils New Vision and Mission for Supply Chain Harmonization and Advocacy, Releases Global Trade Flows Study BANNOCKBURN, Ill., June 23, 2025 (GLOBE NEWSWIRE) -- Today begins a new chapter for IPC...

Malaysia Secures 23rd Place in Global Competitiveness Ranking
(MENAFN) Malaysia has made a significant leap in the latest World Competitiveness Ranking (WCR) 2025, jumping 11 spots to claim 23rd place out of 69 economies—its strongest showing since 2020. The nation was previously ranked 34th. According to a...

Blaze Damages Oil Storage Site in Malaysia
(MENAFN) A blaze erupted on Saturday at an oil storage installation in southern Malaysia, leading to the destruction of nearly 60 percent of the facility. According to a state-run news agency, the inferno generated towering dark smoke that rose...

Massive Fire Devastates 60 Percent of Malaysia Oil Facility
(MENAFN) A devastating fire tore through an oil storage facility in southern Malaysia on Saturday, wiping out roughly 60% of the site and sending thick black smoke towering over 100 meters (328 feet) into the sky, according to a local news agency....

QuantGold Launches Qsecore: World’s First SIM-Layer Encryption Platform for Mobile Security
KUALA LUMPUR, Malaysia, July 02, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy,...

OMS Energy Technologies Inc. Issues Post-IPO Operational Update Featuring Customer Growth, Expansion Initiatives and R&D and Safety Achievements
SINGAPORE, June 19, 2025 (GLOBE NEWSWIRE) -- OMS Energy Technologies Inc. (“OMS” or the “Company”) (Nasdaq: OMSE), a growth-oriented manufacturer of surface wellhead systems (“SWS”) and oil country tubular goods (“OCTG”) for the oil and gas...

Dried Spices Market Size and Share Analysis, Growth Trends & Forecasts (2023-2032)
Increased desire for convenient cooking solutions, along with authentic taste and high-quality spices, actively contributes to the rapid growth of the market. WILMINGTON, DE, UNITED STATES, July 3, 2025 /EINPresswire.com/ -- Dried spices market...

TMD Energy Limited Enters into Strategic Memorandum of Agreement to Advance Green Bioenergy Collaboration
KUALA LUMPUR, MALAYSIA, June 18, 2025 (GLOBE NEWSWIRE) -- TMD Energy Limited (the “Company” or “TMDEL”) (NYSE American: TMDE), together with its subsidiaries is a Malaysia and Singapore based services provider engaged in integrated bunkering...

MICE Industry Expected to Hit $2.3 Trillion by 2032, to Grow at 11.6% CAGR From 2023-2032
The incentives segment is projected to witness the highest CAGR of 12.4%, in revenue terms, during the forecast period. WILMINGTON, NEW CASTLE, DE, UNITED STATES, June 20, 2025 /EINPresswire.com/ -- According to a new report published by Allied...

Founder Group Signs Memorandum of Understanding with GCL Systems Integration Technology Co., Ltd. to Cooperate on Renewable Energy Projects Valued at up to USD $220 Million
KUALA LUMPUR, Malaysia, June 17, 2025 (GLOBE NEWSWIRE) -- Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic...

Satellogic Poised to Deliver Its NextGen Satellite and Technology Transfer for Malaysia’s Earth Observation Satellite Program
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Satellogic, Inc. (NASDAQ: SATL), a leader in satellite manufacturing and high-resolution Earth observation data, is pleased to announce that Uzma Berhad, and by extension Satellogic as Uzma’s Technology...