Malaysia’s Newest Billionaire Automates Factories Around The Globe

Surging demand for electric vehicles and solar energy is proving to be a double boon for low-profile Malaysian entrepreneur Tan Eng Kee, cofounder and CEO of Penang-based Greatech Technology. The company, which makes industrial automation equipment for a variety of different manufacturers, saw its shares jump 330% in the past year, propelling Tan into the billionaires…

MTDC’s Centre of 9 Pillarsâ„¢ not only space for innovation, but part of beating heart of Industry4.0

Stories of innovation and invention are often intertwined with spaces. It wasn’t just about how William R. Hewlett and David Packard founded one of the world’s leading IT companies; they had done so in the (now historical) Palo Alto garage. The first step Jeff Bezos took towards becoming the world’s richest man is at the…

MTDC Main Funding Partner For National Technology and Innovation Sandbox Programme

The National Technology and Innovation Sandbox Program (NTIS) was officially launched by Malaysian Prime Minister Muhyiddin Yassin on 19 August 2020. NTIS, an initiative under the National Economic Recovery Plan (PENJANA), was announced in June 2020. Apart from helping to generate the national economy, NTIS also plays a role in helping to launch the use…