News & Reviews: MITI
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Oct 04, 2023

The Malaysian Government may introduce a new incentive specific for the B40 group in the country to purchase electric vehicles (EVs) in Budget 2024. Such an incentive was touted by the Ministry of Investment, Trade and Industry (MITI), but will only apply to purchases of e-motorcycles.
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Jul 14, 2023

Following his meeting with Elon Musk, Prime Minister Datuk Seri Anwar Ibrahim has revealed that the billionaire has agreed to make significant investments in our country. These include collaborations with the Malaysian government under Tesla, SpaceX and Starlink.
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Apr 13, 2023

Proton Holdings Bhd has announced that it may accelerate the introduction of electric vehicles (EVs) suitable for Malaysian consumers as early as 2025. Previously, the national car manufacturer set a target for 2027 but has since expedited its projection.
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Mar 01, 2023

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.
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Feb 23, 2023

The International Trade and Industry Ministry (MITI) has revealed that it would be discussing with national car manufacturers Proton and Perodua on expediting the production of electric vehicles (EVs). Its minister, Tengku Datuk Seri Zafrul Abdul Aziz said that both companies would produce national EVs and introduce affordable EVs to Malaysians.
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May 18, 2022

The Senior Minister of International Trade and Industry, Datuk Seri Mohamed Azmin Ali today revealed that the federal government has given approval to Amazon Web Services (AWS) to invest into Malaysia. The company is expected to make major investment to develop data centres within our country this year.
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May 13, 2022

Senior Minister of International Trade and Industry (MITI), Datuk Seri Mohamed Azmin Ali yesterday announced that Malaysia has secured nearly RM2 billion investment from semiconductor company TF AMD Microelectronics (Penang) Sdn Bhd. This is following the handover of Malaysian Investment Authority’s (MIDA) approval letter to the company.
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May 13, 2022

Senior Minister of International Trade and Industry (MITI), Datuk Seri Mohamed Azmin Ali yesterday announced that Malaysia has secured nearly RM2 billion investment from semiconductor company TF AMD Microelectronics (Penang) Sdn Bhd. This is following the handover of Malaysian Investment Authority’s (MIDA) approval letter to the company.
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