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Zafrul: ASEAN At ‘Pivotal Moment' To Secure Global Semiconductor Leadership
Zafrul: ASEAN At ‘Pivotal Moment' To Secure Global Semiconductor Leadership

BusinessToday

time7 days ago

  • Business
  • BusinessToday

Zafrul: ASEAN At ‘Pivotal Moment' To Secure Global Semiconductor Leadership

Malaysia is set to leverage the upcoming ASEAN Semiconductor Summit (ASEMIS) 2025 to advance the ASEAN Framework for Integrated Semiconductor Supply Chain, strengthening the region's role in global technology security, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said the world is at a critical juncture, with semiconductors becoming indispensable across multiple industries, and ASEAN is uniquely positioned to rise as a global hub. 'With a growing number of industries requiring semiconductors as key components, ASEAN is at a pivotal moment in history where it has not just the capacity, but also the strategic neutrality, to strengthen its positioning as the world's leading hub for semiconductors. 'I am confident ASEMIS 2025 will forge greater cooperation between the public and private sector which will enhance the already strong growth momentum of the semiconductor industry across the region,' he said in a statement today. The inaugural summit, themed 'Shaping the Future of ASEAN's Semiconductor Industry', will be held tomorrow in Petaling Jaya. Organised by the Ministry of International Trade and Industry (MITI) in collaboration with the Malaysian Semiconductor Industry Association (MSIA), the one-day event aims to position ASEAN as a leading global hub for semiconductor manufacturing, technological security and innovation. Prime Minister Datuk Seri Anwar Ibrahim is scheduled to deliver a keynote address. The summit will gather 500 participants, including policymakers, economists, industry analysts, sovereign fund representatives and corporate leaders from across ASEAN and Asia. MSIA president Datuk Seri Wong Siew Hai said the event would offer delegates opportunities to connect with key decision-makers and industry captains, facilitating collaborations that can drive ASEAN's competitiveness. 'We are pleased to partner with MITI in organising ASEMIS 2025 for stakeholders to network, gain strategic insights, and help curate the future of the semiconductor industry in ASEAN,' he said. The programme will also feature a panel discussion with industry association leaders from Malaysia, Singapore, the Philippines, Thailand and Vietnam, focusing on public-private partnerships and deeper regional cooperation. Related

Govt to unveil new measures at Asean Semiconductor Summit to boost industry growth, says Anwar
Govt to unveil new measures at Asean Semiconductor Summit to boost industry growth, says Anwar

Borneo Post

time7 days ago

  • Business
  • Borneo Post

Govt to unveil new measures at Asean Semiconductor Summit to boost industry growth, says Anwar

In a post on X, Anwar says he will deliver a keynote address at the event, marking one year since the launch of the National Semiconductor Strategy. – AFP photo KUALA LUMPUR (July 23): The government is set to announce several proactive measures at the Asean Semiconductor Summit (ASEMIS) 2025 tomorrow to ensure the country's semiconductor industry remains competitive. In a post on X, Prime Minister Datuk Seri Anwar Ibrahim said he will deliver a keynote address at the event, marking one year since the launch of the National Semiconductor Strategy (NSS). Chairing the third National Investment Council (MPN) meeting for 2025 today, he also detailed the results of the NSS after a year of implementation. 'The government continues to focus on strengthening the capabilities of the local semiconductor industry in support of the NSS, with various fiscal assistance programmes having been proposed and approved – reflecting the Madani Government's commitment to advancing the national semiconductor industry. 'During the meeting, I also emphasised the importance of the government strengthening its capacity to formulate responsive and data-driven policies to ensure that incoming investments yield long-term benefits for the country and its people,' said Anwar, who is also the finance minister. The NSS, launched on May 28 last year, aims to enhance Malaysia's position in the global semiconductor supply chain. Among its key objectives is the development of 110 local companies involved in high-value activities. – Bernama anwar ibrahim ASEMIS 2025 Malaysia semiconductor industry NSS

Malaysia advances ASEAN semiconductor supply chain at ASEMIS 2025
Malaysia advances ASEAN semiconductor supply chain at ASEMIS 2025

The Sun

time7 days ago

  • Business
  • The Sun

Malaysia advances ASEAN semiconductor supply chain at ASEMIS 2025

KUALA LUMPUR: Malaysia is taking decisive steps to reinforce ASEAN's semiconductor supply chain framework through the ASEAN Semiconductor Summit (ASEMIS) 2025, aiming to solidify the region's position as a global tech hub. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz highlighted ASEAN's strategic neutrality and capacity to become the world's leading semiconductor hub. 'With industries increasingly reliant on semiconductors, ASEAN is at a historic turning point,' he said in a statement. The summit, themed 'Shaping the Future of ASEAN's Semiconductor Industry,' will be held in Petaling Jaya tomorrow. Hosted by the Ministry of International Trade and Industry (MITI) and the Malaysian Semiconductor Industry Association (MSIA), it seeks to enhance public-private sector collaboration. Prime Minister Datuk Seri Anwar Ibrahim will deliver the keynote address, with 500 attendees, including policymakers, industry leaders, and analysts from across ASEAN and Asia. MSIA president Datuk Seri Wong Siew Hai emphasised the summit's role in fostering business growth. 'ASEMIS 2025 provides a platform for stakeholders to network and shape the semiconductor industry's future,' he said. Panel discussions will feature industry leaders from Malaysia, Singapore, the Philippines, Thailand, and Vietnam, focusing on regional cooperation and innovation. – Bernama

Malaysia Committed To Advancing ASEAN Semiconductor Supply Chain Framework
Malaysia Committed To Advancing ASEAN Semiconductor Supply Chain Framework

Barnama

time7 days ago

  • Business
  • Barnama

Malaysia Committed To Advancing ASEAN Semiconductor Supply Chain Framework

KUALA LUMPUR, July 23 (Bernama) -- Malaysia, through platforms such as the upcoming ASEAN Semiconductor Summit (ASEMIS) 2025, is determined to advance the ASEAN Framework for Integrated Semiconductor Supply Chain and strengthen the region's role in ensuring global tech security. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said that with a growing number of industries requiring semiconductors as key components, ASEAN is at a pivotal moment in history where it has not just the capacity, but also the strategic neutrality, to strengthen its positioning as the world's leading hub for semiconductors. 'I am confident ASEMIS 2025 will forge greater cooperation between the public and private sector which will enhance the already strong growth momentum of the semiconductor industry across the region,' he said in a statement today.

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