News & Reviews:   MITI

Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz has announced that Malaysia will begin reciprocal tariff negotiations with the US today. He added that the main objective for the negotiations is for there to be no tariffs imposed on Malaysia, especially in key sectors.

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.

Minister of the Ministry of Investment, Trade and Industry (MITI), Tengku Datuk Seri Zafrul Abdul Aziz informed that his ministry is confident that Perusahaan Otomobil Bawah Sdn Bhd (Perodua) will be able to produce the first electric vehicle (EV) in Malaysia priced below RM100000. by the end of 2025.

As we’ve reported previously, the Ministry of Investment, Trade and Industry (MITI) held a meeting with Tesla delegations today, held at Menara MITI. Its Minister, Tengku Datuk Seri Zafrul took to his social media to provide insight into the meeting, revealing Tesla’s commitment to strengthening the EV ecosystem in Malaysia.

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.

Previously, we mentioned PMX’s announcement on Tesla’s news. Now, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul came forward to explain that the ministry or any of its agencies had never made an announcement that Tesla would open a factory in Malaysia. So, what should you know about it?

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 that Perodua will produce the first affordable electric vehicle (EV) for the local market by the end of 2025. Now, the Ministry of Investment, Trade and Industry (MITI) has reiterated this plan, saying that the government is ready to help in achieving the goal.

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.