Malaysia News

  • UK-Malaysia Technology Partnership

    Department for International Trade
    December 2018

    UK-Malaysia Technology Partnership

    Department for International Trade
    December 2018

    In 2015, the Malaysia Digital Economy Corporation (MDEC) was about to drop the UK as a priority market for technology in favour of Japan. Working collaboratively with the Technology Team at HQ, the Malaysia Technology Team proactively developed and successfully delivered a strategy to retain priority status, at the same time also achieving priority status for what previously had been an emerging sector.

    This was followed up with an imaginative, integrated campaign, which generated our first technology export wins and a robust, validated pipeline of projects.

    For the highlights of the Department for International Trade’s activities in Malaysia since 2015, further strengthening ties between the two countries from year to year, please view the link below.

    UK-Malaysia Technology Partnership

  • Malaysia Technology Trade Mission Report

    Department for International Trade
    October 2018

    Malaysia Technology Trade Mission Report

    Department for International Trade
    October 2018

    Following the mega-mission to Malaysia in 2017 with 40+ UK companies involved, DIT ran a focused mission with 9 UK companies pitching to key partners across 4 industry verticals (Telecoms, Banking, Oil & Gas and Healthcare). DIT adopted a targeted approach to recruitment and partner selection to ensure quality/relevance throughout the delegation with the goal of increasing the ratio of meetings to export wins/commercial opportunities.

    Malaysia Technology Trade Mission Report

  • Technology High Value Campaign in Malaysia

    August 2018

    Technology High Value Campaign in Malaysia

    August 2018

    Malaysia has already built a strong foundation it can use to accelerate the development of a digital economy in Southeast Asia. The country ranks as the 24th easiest economy to do business in, putting Malaysia second only to Singapore in Southeast Asia and fifth in Asia-Pacific. The improvement of Malaysia’s overall distance to frontier (DTF) by 0.96 to 78.43 in 2017 from 77.47 in 2016, which refers to the best-performing country across the world proves that Malaysia is on track to becoming a developed country on the back of the resilient economy.

    Solid Information and Communications Technology (ICT) application and adoption base as well as its exertion to streamline Science and Technology (S&T) initiatives, coupled with using the digital economy as the driver for further economic prosper. Under the Government Transformation Programme (GTP) and Economic Transformation Programme (ETP), ICT and S&T are included as part of the country’s five-year plan that will run from 2015 – 2020.

    Upholding the spirit of the digitalised economy as announced by the Prime Minister back in 2017, Malaysia’s GDP is expected to enjoy over £56bn revenue from the digital economy industry alone by the year 2020. Strong government agencies involvement such as the Malaysian Industry-Government Group for High Technology (MiGHT) and Malaysia Digital Economy Corporation (MDEC) help to carve out a strategic framework in addressing the country’s aspiration in the digital economy.

    The Malaysian government is also making it easy for businesses in the country to shift to a digital economy by supporting them in three main thrusts; infrastructure, incentives and talent.

    Development of DIT and MDEC Strong Technology Partnership

    In 2015, the Malaysia Digital Economy Corporation (MDEC) was about to drop the UK as a priority market for technology in favour of Japan. Working collaboratively with the Technology Team at HQ, the Malaysia Technology Team proactively developed and successfully delivered a strategy to retain priority status, at the same time also achieving priority status for what previously had been an emerging sector.

    This was followed up with an imaginative, integrated campaign, which generated our first technology export wins and a robust, validated pipeline of projects. Highlights include:

    June – MoU signed with MDEC, witnessed by our Trade Envoy. Immediately followed by a visit to the UK by MDEC (led by Malaysia) taking in the Northern Powerhouse and London Technology Week. The latter included an intensive series of over 40 1-2-1 meetings, drawing on HQ’s innovative Company Support Programme.

    September – webinar series on opportunities in 5 priority sub-sectors, attracting over 150 attendees; and keynote speaker slots at BIGIT on cyber forensics and Future Fifty Programme, drawing on funding from S&I Team.

    November – UK delegation visited KL for an intensive 3-day programme of seminars, pitching sessions and over 80 1-2-1 sessions. Company feedback described this as “the most business-focused ever”.

    December – a visit to the UK by MDEC CEO (led by Malaysia Technology Team), including agreements signed with PGI, FCC and Salford University.

    The programme attracted significant, positive, media coverage in Malaysia and the UK, including Astro Awani, BBC, Sky News and the Telegraph. In addition, Shuba’s proactive Twitter coverage resulted in DIT Malaysia trending on three separate occasions. As a result, investment from 10 UK companies in Malaysia recorded over £55mn in 2016, while exports from 68 UK companies amounted to £732mn in the same year. To build momentum, HQ and Post jointly developed the UK Mega tech Mission to be delivered in the 2017/18 financial year.

    Mega Technology Trade Mission to Malaysia – 9 to 11 October 2017

    DIT organised an innovative mega technology trade mission to Malaysia visiting both Kuala Lumpur and Johor State. Led by Liam Maxwell, National Technology Adviser to HM Government, the mission comprised 40 of the UK’s leading technology companies: the largest-ever UK technology delegation to visit Malaysia. Working closely with 17 local strategic partners, DIT hosted over 750 business matching sessions, involving over 150 Malaysian businesses, over three days. Two partnerships between Malaysian and UK businesses were announced during the mission and a further 10 businesses are anticipating export wins within six months.

  • DIT Malaysian Technology Update

    Department for International Trade
    March 2018

    DIT Malaysian Technology Update

    Department for International Trade
    March 2018

    DIT Technology Update

    March 2018 – Technology is Reaching New Heights in Malaysia

    DIT scoping synergies with new stakeholders. DIT (Technology) has been carrying out active scoping exercise with key technology stakeholders in Malaysia, ranging from government ministries, agencies, existing UK MNCs in the market and the private sector. The rationale behind this is to explore areas for future collaboration for the technology campaign in Malaysia for 2018/19 and beyond. Approaching these new key stakeholders brings a new dimension for DIT in paving its strategy for forwarding engagement with new stakeholders. To date, over 40 meetings have been conducted as part of the exercise, which has delivered substantial results:

    Invitation to sign MoU with Ministry of Science, Technology and Innovation (MOSTI) Malaysia

    A Visit to Cyber Security Malaysia and MIMOS facility

    Identify more business opportunities for UK companies in the market using tech as an enabler in various Malaysia’s key National Key Economic Areas (NKEAs)

    Strategy Paper to enhance Malaysia’s offerings.

    As part of our initiative to drive higher business collaboration and partnerships between the UK and Malaysia, DIT is working closely with Malaysian Digital Economy Corporation (MDEC) and other key government stakeholders to come up with a new strategy paper in highlighting Malaysia’s technology offerings to the UK. This strategic paper aims to corroborate our campaign in reaching out to the technology masses in the UK. In addition to addressing the technology gap in Malaysia which the UK technology provider can identify from the written paper.

    From UK Mega Tech Mission to CHOGM. A round of success for UK technology companies during the UK Mega Tech Mission in 2017 has landed them an opportunity at the Commonwealth Head of Government Meetings (CHOGM) where two of the participating companies’ business deals will be announced as part of CHOGM wider engagement with international businesses.

    Kino-Mo: Product distributing agreement on 3D Hologram units

    Commissum: Setting up operation in Malaysia as a fully fledged MSC status company

    Forward Activities

    Continuation of scoping exercise with identified stakeholders (April 2018)

    UK Technology Roadshow (May/June 2018)

    Webinar – Technology as an Enabler in Malaysia’s Digital Economy (May 2018)

    Key Contacts

    Shuba Karun, Senior Trade Manager (Technology)
    shuba.karun@fco.gov.uk
    +603 2170 2252

    Alia Jaafar, Trade Manager (Technology)
    alia.jaafar@fco.gov.uk
    +603 2170 2240

    Nanee Muniandy, Assistant Trade Manager (Technology)
    naneecharam.muniandy@fco.gov.uk
    +603 2170 2251