In line with the technological advancements taking place in Malaysia, the Malaysian Investment Development Authority (MIDA) signed a tripartite pact with Daher and France’s IoT Valley. 

The Memorandum of Understanding (MoU) will contribute towards promoting more investment and business cooperation between France and Malaysia, particularly in the development of IoT and logistics in Malaysia’s aerospace industry.

The Malaysian Investment Development Authority (MIDA) signed and exchanged a Memorandum of Understanding (MoU) with Cosmetic Valley France (CVF) during a mission to Paris.

In a statement, MIDA said the MoU reflects the shared ambition between both entities to develop a sustainable cosmetics and personal care industry cluster in Malaysia through the sharing of information, mutual promotional initiatives and R&D efforts particularly in the Halal segment.

Celcom Axiata Berhad and edotco Malaysia Sdn. Bhd. launched On Site Services Sdn Bhd, a new organisation focused on achieving operational and maintenance service delivery excellence. 

First for the industry, employees of On Site Services will also co-own up to 30 per cent and be pioneer stakeholders of the company.