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Investment Development Authority News

10 Nov 2020

Malaysia Starts LNG Bunkering Ops. Makes First Delivery

Avenir Advantage Credit: Keppel

Malaysia, through state oil firm Petronas, has ventured into the liquefied natural gas (LNG) bunkering business and made its first delivery in the southern state of Johor this week, the country's marine department said on Tuesday.The maiden operation involved supplying 1,150 tonnes of LNG from bunkering vessel MV Avenir Advantage, which Petronas leased from Future Horizon, to vehicle transport vessel Siem Aristotle at the Pasir Gudang port on Monday."This makes Malaysia among a few first-mover countries able to provide LNG bunkering services to the marine industry in the east," Marine Departme

06 Apr 2015

Frost & Sullivan Launches Malaysia Mega Trends Report

Frost & Sullivan today launched its latest research, Mega Trends Malaysia in collaboration with the Malaysian Investment Development Authority (MIDA). Mega Trends are defined as transformative, global forces that define the future world with their far reaching impact on business, societies, economies, cultures and personal lives. According to Hazmi Yusof, Malaysia Country Head and Senior Vice President of Frost & Sullivan, “We want to help our clients use Mega Trends as a framework to think about how to innovate and drive their business. Mega Trends have diverse meanings and impacts for different industries, companies, and individuals. “We are delighted to partner with MIDA to launch the Malaysian Edition of Frost & Sullivan’s Mega Trends report.