Island Hospital has been named Malaysia’s first Flagship Medical Tourism Hospital, a prestigious accolade recognising its high standards in care, safety, and patient experience for international patients. The announcement was made by Malaysia’s Minister of Health, Datuk Seri Dr Dzulkefly Ahmad, highlighting the hospital’s role in anchoring Malaysia’s global medical tourism growth.

The Flagship Medical Tourism Hospital (FMTH) programme, launched in 2022, aims to identify hospitals capable of boosting Malaysia’s medical tourism sector. Island Hospital emerged as the top performer among four finalists and is the sole representative from Penang. The programme is spearheaded by the Malaysia Healthcare Travel Council (MHTC) under the Ministry of Health, with support from the Malaysian Government.

Independent assessments by experts, including IQVIA and Joint Commission International (JCI), evaluated hospitals on clinical quality, patient safety, experience, innovation, and operational performance. This initiative is a key component of the Malaysia Healthcare Travel Industry Blueprint 2021-2025, which seeks to position the country as a leading healthcare travel destination.

Island Hospital, a private specialist facility, offers advanced care for complex medical and surgical needs, boasting over 120 specialist doctors in fields such as cardiology and oncology. The hospital’s recognition as a flagship institution underscores its commitment to providing exceptional healthcare services to international patients. This accolade is expected to enhance Malaysia’s reputation in the global medical tourism market.

The Regent of Johor, Tunku Ismail Ibni Sultan Ibrahim, has officially launched RMJDT, a Ringgit-backed stablecoin, on the Zetrix blockchain. This initiative, announced by Bullish Aim Sdn. Bhd., aims to support Malaysia’s national Malaysia Blockchain Infrastructure (MBI).

The RMJDT stablecoin is designed to provide a secure and stable digital currency option, backed by the Malaysian Ringgit, enhancing the country’s digital asset ecosystem. The launch marks a significant step in integrating blockchain technology into Malaysia’s financial infrastructure, offering new opportunities for digital transactions.

Zetrix, developed by Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, serves as the platform for this new digital currency. The blockchain’s Layer-1 technology ensures robust security and efficiency, making it an ideal choice for the stablecoin’s deployment.

The introduction of RMJDT is expected to facilitate smoother and more reliable digital transactions within Malaysia, potentially attracting more users to the digital finance space. By leveraging blockchain technology, the stablecoin aims to provide a seamless experience for users, promoting wider adoption of digital currencies in the region.

As Malaysia continues to embrace digital transformation, the RMJDT stablecoin represents a forward-thinking approach to integrating traditional financial systems with cutting-edge technology. The initiative underscores the country’s commitment to advancing its digital economy and positioning itself as a leader in blockchain innovation.

MSIG Insurance Malaysia has intensified its mangrove conservation efforts in collaboration with the Malaysian Nature Society (MNS), marking a significant milestone in its environmental initiatives. Recently, 20 Kelab Pencinta Alam school eco clubs planted 1,200 mangrove saplings at Kuala Selangor Nature Park, as part of a long-term programme aimed at rehabilitating Malaysia’s mangrove ecosystems.

Since the partnership’s inception in 2019, MSIG and MNS have planted over 10,587 saplings across Peninsular Malaysia, with plans to plant an additional 400 saplings by year-end. The initiative is supported by MSIG’s financial backing and volunteer efforts from its employees.

MSIG Malaysia’s CEO, Ang Yien Chia, highlighted the importance of involving young Malaysians in conservation efforts, stating, “By planting these saplings, the students not only learn about conservation—they are actively shaping Malaysia’s environmental future.” She emphasised the company’s commitment to fostering environmental resilience and creating shared value for communities and nature.

Deputy CEO Toshibumi Suzuki underscored the role of mangroves in protecting communities from natural disasters, noting, “Mangrove forests are one of the best examples of how nature protects us. Their strong root systems help stabilise coastlines, reduce the impact of waves and storm surges, and protect communities living in low-lying areas.”

The programme has seen mangrove replanting activities across various locations, including Sungai Cherating, Kuala Bagan Tiang, and Tanjung Piai, contributing to the rehabilitation of degraded coastal habitats and improved biodiversity. MSIG plans to explore further activities aligned with ecological restoration and community resilience in the future.

ZTE Corporation has announced an expansion of its partnership with Multimedia University (MMU) to bolster Malaysia’s capabilities in artificial intelligence (AI), cybersecurity, and digital talent development. The collaboration was formalised with the signing of an addendum during the closing ceremony of the PRESTIJ programme, which focuses on shaping public services with cybersecurity in the AI landscape.

The partnership, which began with the development of 5G laboratories in Cyberjaya and Melaka, has been instrumental in providing students and researchers with practical exposure to next-generation technologies. MMU’s role as an authorised training and examination centre for ZTE Certification has further solidified its status as a key technology training hub in Malaysia.

In 2024, ZTE and MMU launched the ACE programme to upskill government officers with digital and technology skills. The programme’s second cohort concluded in Beijing last week, marking the completion of a comprehensive training initiative across seven major Chinese cities.

The newly signed addendum introduces ZTE’s AiCube AI education platform to MMU, enhancing the university’s capacity to train industry-ready graduates and public service leaders. This platform offers an immersive learning environment and will serve as a shared ecosystem for both MMU students and public sector participants.

Gu Junying, Senior Vice President of ZTE, emphasised the importance of continuous development in building a future-ready workforce, stating, “Technology evolves quickly and continuous development is vital.” Professor Dato Dr Mazliham Mohd Suud, President of MMU, highlighted the collaboration’s role in supporting Malaysia’s digital transformation agenda.

ZTE’s commitment to Malaysia’s digital ecosystem through sustained investment in talent development and advanced learning technologies aims to contribute to a more future-ready nation.

Ancom Nylex Berhad, a leading chemical group in Southeast Asia, has announced a strategic move to sell up to 50% of its equity interest in Maxlive Sdn Bhd to Thailand’s TOPNEXT International Company Limited for $18.6m. This transaction aims to consolidate Ancom Nylex’s industrial chemical distribution and tank farm businesses under Maxlive, enhancing operational efficiency and market reach.

Maxlive, a wholly-owned subsidiary of Ancom Nylex, will integrate six subsidiaries into its structure as part of the restructuring. These include Perusahaan Kimia Gemilang Sdn Bhd, Ancom Kimia Sdn Bhd, Dynamic Chemical Pte Ltd, Ancom Nylex Terminals Sdn Bhd, One Chem Terminal Sdn Bhd, and CKG Chemicals Pte Ltd. The partnership with TOPNEXT, a subsidiary of Thai Oil Solvent Company Limited, is expected to leverage complementary strengths and expand regional opportunities.

Executive Vice Chairman of Ancom Nylex, Siew Ka Wei, stated, “This Proposed Transaction comes at an opportune time as the Group adopts a more forward-looking and strategic approach in navigating the softer conditions currently seen in the industrial chemical sector.” He added that the consolidation would create a more cohesive and agile operating structure, enhancing the group’s ability to respond to customer needs and pursue growth initiatives.

The proceeds from the transaction will be used for working capital, debt repayment, and general corporate purposes. Ancom Nylex will retain control over Maxlive, ensuring its financial results remain consolidated within the group’s financial statements. The definitive agreements are expected to be finalised soon, with terms mutually agreed upon by both parties.

Transport Ministers Jeffrey Siow of Singapore and Anthony Loke of Malaysia have announced key enhancements to cross-border taxi and bus services following their meeting on 4 December 2025. The discussions took place during the 12th Singapore-Malaysia Leaders’ Retreat, focusing on strengthening transport links between the two countries.

The ministers highlighted ongoing discussions between officials from both sides, aiming to improve the efficiency and reciprocity of cross-border transport services. These enhancements are expected to facilitate smoother travel for commuters and boost connectivity between Singapore and Malaysia.

The joint statement from the Ministry of Transport, Singapore, and the Ministry of Transport, Malaysia, underscores the commitment of both nations to enhance bilateral cooperation in transport. By improving cross-border taxi services and ensuring reciprocal bus services, the two countries aim to address the growing demand for efficient and reliable transport options.

These developments are part of broader efforts to strengthen ties and improve infrastructure between Singapore and Malaysia. The enhancements to the transport services are anticipated to have a positive impact on trade, tourism, and daily commuting for residents of both countries.

As the discussions progress, further details on the implementation of these enhancements are expected to be released, marking a significant step forward in regional cooperation and connectivity.

Tourism Malaysia has appointed VFS Global as its Marketing Representative agency in Oman, Bahrain, and Kuwait, aiming to strengthen its presence in the Gulf Cooperation Council (GCC) region. This strategic partnership, announced on 5 December 2025, is a significant move to enhance Malaysia’s visibility and engagement in these high-potential markets, with the goal of increasing tourist arrivals.

The GCC countries are crucial for Malaysia’s tourism sector, with visitor numbers from the West Asian region rising from 175,196 in 2023 to 211,701 in 2024—a 20.8% increase. These markets are among the top five in tourist spending per capita and have a longer average stay, making them vital to Malaysia’s tourism growth strategy. The collaboration with VFS Global is part of the preparations for “Visit Malaysia Year 2026,” themed “Surreal Experiences,” which aims to attract significant contributions from GCC visitors.

VFS Global will manage marketing, promotional, and brand-building initiatives through dedicated offices, supporting comprehensive campaigns and travel trade engagements. The agency will also assist the Malaysian Embassy in tourism-related initiatives, ensuring a cohesive promotional approach.

Mohd Faharuddin Hatmin, Director of Tourism Malaysia Dubai, emphasised the importance of the West Asia market, stating, “By partnering with VFS Global, we aim to strengthen our outreach and deliver impactful campaigns that showcase Malaysia’s diverse attractions.” GB Srithar, Head of Tourism Services at VFS Global, expressed excitement about the partnership, highlighting its potential to drive strong visitor numbers to Malaysia.

Looking forward to Visit Malaysia 2026, Tourism Malaysia aims to attract 50 million international visitors, showcasing the country’s cultural heritage, natural beauty, and sustainable tourism offerings.

Agilent Technologies Inc. and Monash University Malaysia have announced the establishment of a new BioDiscovery Hub to commemorate their 15-year partnership. The hub, located in Kuala Lumpur, is designed to accelerate research and development (R&D) in both small- and large-molecule analysis, focusing on building high-impact capabilities in Asia’s rapidly growing markets.

The collaboration between Agilent and Monash University aims to drive regional biotech innovation by providing advanced facilities and resources for cutting-edge research. The BioDiscovery Hub will serve as a centre for scientific exploration, enabling researchers to develop new technologies and methodologies in the field of biotechnology. This initiative is expected to bolster the region’s position in the global biotech landscape.

Agilent, a leader in life sciences, diagnostics, and applied chemical markets, has been working closely with Monash University to foster an environment conducive to scientific breakthroughs. The partnership has been instrumental in advancing R&D efforts, particularly in the analysis of complex biological molecules. “This collaboration is a testament to our commitment to innovation and excellence in the biotech sector,” said Agilent’s spokesperson.

The BioDiscovery Hub is anticipated to attract top-tier researchers and industry experts, facilitating knowledge exchange and collaboration. By leveraging the strengths of both Agilent and Monash University, the hub is poised to make significant contributions to the biotech industry, addressing critical challenges and unlocking new opportunities for growth.

As the hub begins operations, it is expected to play a pivotal role in shaping the future of biotechnology in Asia, fostering innovation and driving economic development in the region.

FastLane Group has announced a significant advancement in Malaysia’s financial digitalisation through a new partnership with RHB Bank and Xero. This collaboration introduces a fully digital, API-enabled bank feed, allowing businesses to connect their RHB Reflex Premium Plus accounts directly to Xero. This integration enables automatic daily imports across current, multi-currency, credit card, and loan accounts, eliminating the need for manual uploads and reducing reconciliation delays. As a result, small and medium-sized enterprises (SMEs) gain real-time clarity of their financial position.

“This closes the gap between banking and accounting,” said Alex So, Founder of FastLane Group and a Xero Platinum Champion Partner. “Business owners can wake up to absolute clarity—a real-time, accurate view of their cash. No spreadsheets, no delays, no guesswork.”

The partnership signifies a broader shift in Malaysia’s business landscape towards full automation and compliance, aligning with new initiatives like the Inland Revenue Board of Malaysia’s (IRBM) e-invoicing mandate. Beyond automation, Alex So emphasises that the integration represents a shift in mindset. “Technology itself is not the goal. The real goal is to enable better decisions,” he explained. “When financial data flows in real time, business owners stop reacting and start planning.”

FastLane’s role extends beyond connecting accounts, offering guided onboarding, data migration, and e-invoicing configuration to ensure businesses fully utilise the technology. “We’ve helped thousands of SMEs move from traditional bookkeeping to intelligent finance,” So noted. “The transformation happens when numbers start speaking—when owners can make confident calls based on up-to-date data instead of waiting for month-end reports.”

This collaboration marks a new era of connectivity in business finance, where banking, accounting, and compliance operate within a single intelligent ecosystem. “This partnership empowers businesses to grow with clarity and confidence,” So concluded. “With automation at the core, finance becomes intelligent, accurate, and fully compliant. It is not just the evolution of accounting but the foundation of smarter, data-driven business.”

Malaysia has reaffirmed its commitment to sustainability at the COP30 summit in Belém, Brazil, by hosting a dynamic Pavilion that served as a hub for knowledge exchange. Over a 10-day programme from 10 to 21 November, the Pavilion attracted over 1,100 participants and more than 5,000 visitors, highlighting Malaysia’s leadership in climate action.

The Pavilion focused on five thematic pillars: Restoring Rainforests, Rivers, and Reefs; Energy Transition Pathways for Developing Nations; Climate Justice in the Global South; Future-Proofing Water, Food Systems, and Industry; and Unlocking Finance for Net Zero. These discussions underscored Malaysia’s holistic approach to sustainability, bridging policy, innovation, and community action.

Deputy Minister of Natural Resources and Environmental Sustainability, Huang Tiong Sii, emphasised Malaysia’s dedication to climate action, stating, “This year’s Pavilion themed ‘Climate Action Now: Net Zero Pathways Unlocked’ truly represents Malaysia’s evolution from ambition to implementation.”

The Pavilion also spotlighted intergenerational leadership through a youth panel, emphasising the role of young leaders in shaping climate governance. The session concluded with breakout groups, fostering inclusive engagement in climate outcomes.

COP30 itself advanced several global climate initiatives, including a new climate finance work programme and the Belém Gender Action Plan. However, challenges remain, particularly in reaching binding agreements on fossil fuel phaseouts and deforestation commitments.

As COP30 concludes, Malaysia looks forward to COP31 in Antalya, Türkiye, continuing its commitment to unlocking pathways to net zero and inspiring global action through leadership and innovation.