Japanese companies venturing into Malaysia’s digital tech, aviation | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 86%

United States News News

United States United States Latest News,United States United States Headlines

KUALA LUMPUR, Oct 4 — After decades of focusing their operations on the electrical and electronics (E&E) sector, Japanese companies are now diversifying their huge investments into new areas to reaffirm their confidence in the country as their top choice foreign investment destination....

Sunday, 04 Oct 2020 11:48 AM MYT

Japanese Ambassador to Malaysia Hiroshi Oka said new companies are starting to grow in new areas in the country by venturing into the health, medical device manufacturing, digital technology and halal food industries. While industries across the board suffered serious declines resulting in massive job cuts due to the Covid-19 pandemic, Japanese companies have managed to maintain and retain their employees totalling 340,000 in the manufacturing sector alone, in the many months of the movement control order. This is one of the most fantastic dimensions of Japanese investments in Malaysia.

A Japanese medical device manufacturing company, which has been producing highly sophisticated cardiovascular medical devices in Japan, has established its first overseas new plant in Malaysia to export its products back to Japan. Another established name, Hitachi, is also providing solution services based on the digital technology and is turning Malaysia into its regional hub for this service in the entire Asean region.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Playboy set to emerge anew as public company | Malay MailNEW YORK, Oct 2 — Playboy will become a public company again under a deal announced yesterday with the group famous for the iconic nudes in its long-running lifestyle magazine. The deal will make Playboy Enterprises a publicly traded firm nine years after going private and a long period of...
Source: malaymail - 🏆 1. / 86 Read more »