News & Reviews:   miti

Malaysia’s Ministry of Investment, Trade and Industry (MITI) is finalising the New Customised Incentive Mechanism, which is set to replace the current system with a fixed and fairer structure. The move is expected to provide greater clarity for both consumers and investors in the automotive sector. So, what should you know about it?

On 8 July 2025, Elon Musk’s xAI chatbot Grok came under fire after it posted antisemitic content on X. Among the deleted remarks were references praising Adolf Hitler and labeling itself “MechaHitler.”

Today, GXBank has shared a few updates to its product offerings. This includes limiting the waiver for ATM cash withdrawal fees to online once per month per customer, and also adjustments to the cashback programme.

The Ministry of Investment, Trade and Industry (MITI) has assured that the US government’s potential restrictions on Artificial Intelligence (AI) chip exports won’t affect existing data centres in Malaysia. Its Deputy Minister, Liew Chin Tong, said that the Malaysian Government will adopt a wait-and-see approach to assess the potential impact on future arrangements.

According to BERNAMA, MITI is now sharing that it has established cooperation with the state governments of Selangor and Johor. This is done to ensure that each district has facilities for DC charging for electric vehicles. This move is also expected to be in line with the government's target to reach 10000 EV charging stations by 2025.

Much has been said about Tesla over the past week, including how the company allegedly cancelled its plans to build factories in Southeast Asia, as well as how it’s suffering losses and can’t compete with Chinese EV makers. Now, after MITI Minister Tengku Datuk Seri Zafrul clarified that Tesla never committed to building factories in Malaysia, he revealed that his Ministry will be meeting with Tesla representatives from the US to discuss its investment plans in our country.

Meta today decided that content that uses the word zionist to insult all Jewish individuals and Israel will be deleted from Facebook and Instagram. This is because the word zionist is now used by certain groups as an excuse to attack all Jewish individuals and Israel. In this case, it violates the terms of the site which does not allow hateful content.

Previously, we mentioned how the US banned a Malaysian semiconductor company. Now, MITI confirms that Jatronics Sdn Bhd is not a semiconductor manufacturer. That said, what should you know about it?

Previously, we shared how the Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz will facilitate a meeting between Prime Minister Datuk Seri Anwar Ibrahim and Microsoft CEO Satya Nadella. However, MITI has since announced that the meeting has been rescheduled to a later date.

Today, our local minister of International Trade and Industry, Tengku Zafrul just announced that Tesla will indeed be making its way to the Malaysian market. The Ministry of International Trade and Industry (MITI) also announced its approval, and we will be seeing Tesla's presence soon.