medical device

 
 

Siemens to propel Penang into smart city by 2030, says CEO

GEORGE TOWN, Nov 30 — Siemens Malaysia Sdn Bhd has introduced its fourth industrial revolution (Industry 4.0) automation and digitalisation initiative to spur the growth of key vertical markets to propel Penang as a smart city by 2030. Industry…


Leading medical supply maker reportedly linked to many breaches

WASHINGTON, Nov 26 — A world leader in medical technology, the American firm Medtronic, may be linked to as many as 9,300 deaths and 292,000 injuries in the US alone, according to an analysis published yesterday by an international journalists'…


US renews unfair trade accusations against China

WASHINGTON, Nov 21 — Washington yesterday said Beijing continued to foster the theft of American technological know-how, with officials there exacerbating matters in recent months. The renewed accusations from President Donald Trump’s…


Media: China’s import expo logs US$57.8b of deals

SHANGHAI, Nov 10 — Around US$57.83 billion (RM241.9 billion) worth of deals were today today. The November 5-10 CIIE, which brings thousands of foreign companies together with Chinese buyers in a bid to demonstrate the importing potential of the…


Bank Islam: Govt cognisant of RM21b GST revenue loss

KUALA LUMPUR, Nov 3 — The government is cognisant of the loss from the Goods and Services Tax revenue of RM21 billion, says Bank Islam Malaysia Bhd (BIMB). Chief Economist Mohd Afzanizam Abdul Rashid said in relation to the…


MITI’s trade, investment mission to seoul generates rm1 bln potential sales

KUALA LUMPUR, Oct 20 —The Ministry of International Trade and Industry’s (MITI) trade and investment mission to Seoul, South Korea from Oct 18-20, 2018 has garnered RM1 billion in potential sales. The ministry said the mission, led by its…


Miti’s trade mission to Japan pulls in RM806m investment

PETALING JAYA: The Ministry of International Trade and Industry’s (Miti) four-day trade and investment mission to Tokyo and Osaka, Japan has pulled in RM806 million investment from Japanese companies.

Miti said in a statement that Japan’s construction firm Daiwa House Industry Co Ltd will channel in RM74 million to construct a logistics facility with cold storage services in Malaysia, while Japan Lifeline Co Ltd will invest RM80 million to build factory in North Penang Science Park.

Miti said the remainder RM355 million was from Daikin Industries Ltd for new factory development and a proposed investment of RM297 million from Dai-ichi Seiko Co Ltd for the manufacturing of plastic parts for automotive sensors.

It also noted that potential investments in Tokyo were valued at RM 1.08 billion, mainly concentrated in the petrochemical industry, logistics and medical devices.

“In Osaka, potential investments were RM1.05 billion and potential import of RM33 million. These potential investments were mainly concentrated in the electrical and electronics industry, while, potential trade is mainly from furniture, household products and ‘do it yourself’ products,” it added.


Britain’s FTSE relatively stable as Brexit impasse has mixed impact

MILAN, Oct 15 — Britain’s top share index was steady today as a deadlock in Brexit talks depressed domestic stocks but helped internationally focused companies as it weakened the pound. The FTSE 100 was down 0.1 per cent by 0813 GMT, while the…


Apple iPhones get bigger and pricier, Watch turns to health

CUPERTINO: Apple Inc introduced its largest-ever iPhone and a watch that detects heart problems in an attempt to get customers to upgrade to more expensive devices in the face of stagnant global demand for smartphones. The relatively small changes to its lineup, following last year’s overhauled iPhone X, were widely expected by investors and the […]


Britain sets out plans for ‘no-deal’ Brexit

LONDON, Aug 23 — Britain has published 25 so-called technical notices advising companies and people how to prepare for any disruption that might arise from a disorderly Brexit where there is no deal with the European Union. Below are the…