Latest news with #HasnolZamZamAhmad
Barnama
21-05-2025
- Business
- Barnama
YIM Strengthens Role Through High-impact Projects In Langkawi
KUALA LUMPUR, May 21 (Bernama) -- Yayasan Inovasi Malaysia (YIM), an agency under the Ministry of Science, Technology and Innovation (MOSTI), continues to strengthen its role in driving grassroots innovation through the implementation of several high-impact projects that target inclusive and sustainable community development. MOSTI Secretary-General Datuk Seri Hasnol Zam Zam Ahmad held a working visit to the foundation recently to observe the progress of the project implementation in Langkawi, Kedah. YIM, in a statement today, said that the visit began with the Golden Sea Cucumber Rehabilitation and Conservation Programme at the Malaysian Fisheries Development Authority (LKIM) Jetty at Sungai Chenang Landing, Langkawi. During the visit, the delegation was taken to Pulau Singa Besar for live monitoring of the Restoration and Marine Life Framework, including the release of 20 sea cucumber broodstock and 200 sea cucumber juveniles. "The main objective of this programme is to sustain the local sea cucumber industry through biodiversity conservation and the use of local technology for conservation purposes and community socio-economic improvement," it said. According to YIM Chief Executive Officer Dr Sharmila Mohamed Salleh, the programme not only helps in biodiversity conservation but also benefits the local community through economic empowerment and technological innovation. 'Langkawi has great potential as a community innovation hub, and we at YIM will continue to support initiatives that bring technology closer to the community,' she said. The Gamat Emas project proves that smart collaboration between researchers, agencies and industry can be realised with effective business model management. Implementation of the project involves a collaboration between Universiti Sains Malaysia (USM) and Universiti Malaysia Terengganu (UMT), with YIM as the implementing and monitoring agency, while the Malaysian Academy of Sciences (ASM) is the coordinating agency.
Malay Mail
24-04-2025
- Business
- Malay Mail
Mosti: Malaysia retains spot as world's ninth-largest high-tech exporter, hits RM557b in 2023
CYBERJAYA, April 24 — Malaysia successfully maintained its position as the ninth-largest exporter of high-technology goods out of 143 countries worldwide in 2023, the highest recognition it has achieved in the past decade. Datuk Seri Hasnol Zam Zam Ahmad, secretary-general of the Ministry of Science, Technology and Innovation (Mosti), said that Malaysia's high-tech exports increased by US$2 billion (RM8.77 billion) to reach US$127 billion (RM556.7 billion) in 2023. He said high-tech exports comprised 58.69 per cent of total manufacturing exports in 2023, up from 52.48 per cent recorded in 2022. He also noted that the country recorded its highest trade surplus in a decade, totalling US$51.5 billion. 'Measuring the value of Malaysia's high-tech exports is not an easy task. First and foremost, the definition of 'high technology' must comply with international standards, including those set by the Organisation for Economic Co-operation and Development (OECD) and the World Bank. 'For a long time, the Malaysia Industry–Government Group for High Technology (Might) has been responsible for calculating and tracking Malaysia's high-tech export performance and will continue to carry out this important role moving forward,' he said during the launch of the Malaysia High Technology Performance Report 2023 here today. The report's launch briefing was also attended by Might co-chair (industry) Tan Sri Ahmad Tajuddin Ali, co-chair (government) Tan Sri Zakri Abdul Hamid, and president and chief executive officer Rushdi Abdul Rahim. Hasnol Zam Zam emphasised Mosti's commitment to expanding and strengthening the national innovation ecosystem to ensure sustained competitiveness across all development sectors, especially in high technology. In addition to Might, he mentioned that several international institutions also use high-tech export indicators as a key measure to assess a country's competitiveness and innovation capacity. Meanwhile, Rushdi noted that although the telecommunications electronics product group remained the largest contributor with US$36 billion, accounting for 80.58 per cent of total high-tech goods exports across nine subgroups, there remains significant growth potential in other categories such as scientific equipment, office machinery, electrical machinery, and aerospace surplus. However, he highlighted that these categories must be supported by a robust innovation ecosystem and effective market penetration strategies. 'Beyond directly contributing to the nation's aspiration to become a high-income, technology-based economy, this dynamic innovation ecosystem also strengthens Malaysia's position in achieving technological sovereignty, ensuring the country is not only capable of utilising but also mastering and controlling these strategic technologies,' he added. — Bernama
The Sun
24-04-2025
- Business
- The Sun
Malaysia remains 9th largest global exporter of high-tech products in 2023
CYBERJAYA: Malaysia successfully maintained its position as the ninth-largest exporter of high-technology goods out of 143 countries worldwide in 2023, the highest recognition it has achieved in the past decade. Datuk Seri Hasnol Zam Zam Ahmad, secretary-general of the Ministry of Science, Technology and Innovation (MOSTI), said that Malaysia's high-tech exports increased by US$2 billion (US$1 = RM4.40) to reach US$127 billion in 2023. He said high-tech exports comprised 58.69 per cent of total manufacturing exports in 2023, up from 52.48 per cent recorded in 2022. He also noted that the country recorded its highest trade surplus in a decade, totalling US$51.5 billion. 'Measuring the value of Malaysia's high-tech exports is not an easy task. First and foremost, the definition of 'high technology' must comply with international standards, including those set by the Organisation for Economic Co-operation and Development (OECD) and the World Bank. 'For a long time, the Malaysia Industry-Government Group for High Technology (MIGHT) has been responsible for calculating and tracking Malaysia's high-tech export performance and will continue to carry out this important role moving forward,' he said during the launch of the Malaysia High Technology Performance Report 2023 here today. The report's launch briefing was also attended by MIGHT co-chair (industry) Tan Sri Ahmad Tajuddin Ali, co-chair (government) Tan Sri Zakri Abdul Hamid, and president and chief executive officer Rushdi Abdul Rahim. Hasnol Zam Zam emphasised MOSTI's commitment to expanding and strengthening the national innovation ecosystem to ensure sustained competitiveness across all development sectors, especially in high technology. In addition to MIGHT, he mentioned that several international institutions also use high-tech export indicators as a key measure to assess a country's competitiveness and innovation capacity. Meanwhile, Rushdi noted that although the telecommunications electronics product group remained the largest contributor with US$36 billion, accounting for 80.58 per cent of total high-tech goods exports across nine subgroups, there remains significant growth potential in other categories such as scientific equipment, office machinery, electrical machinery, and aerospace surplus. However, he highlighted that these categories must be supported by a robust innovation ecosystem and effective market penetration strategies. 'Beyond directly contributing to the nation's aspiration to become a high-income, technology-based economy, this dynamic innovation ecosystem also strengthens Malaysia's position in achieving technological sovereignty, ensuring the country is not only capable of utilising but also mastering and controlling these strategic technologies,' he added.
The Sun
24-04-2025
- Business
- The Sun
Malaysia still 9th largest high-tech exporter globally in 2023
CYBERJAYA: Malaysia successfully maintained its position as the ninth-largest exporter of high-technology goods out of 143 countries worldwide in 2023, the highest recognition it has achieved in the past decade. Datuk Seri Hasnol Zam Zam Ahmad, secretary-general of the Ministry of Science, Technology and Innovation (MOSTI), said that Malaysia's high-tech exports increased by US$2 billion (US$1 = RM4.40) to reach US$127 billion in 2023. He said high-tech exports comprised 58.69 per cent of total manufacturing exports in 2023, up from 52.48 per cent recorded in 2022. He also noted that the country recorded its highest trade surplus in a decade, totalling US$51.5 billion. 'Measuring the value of Malaysia's high-tech exports is not an easy task. First and foremost, the definition of 'high technology' must comply with international standards, including those set by the Organisation for Economic Co-operation and Development (OECD) and the World Bank. 'For a long time, the Malaysia Industry-Government Group for High Technology (MIGHT) has been responsible for calculating and tracking Malaysia's high-tech export performance and will continue to carry out this important role moving forward,' he said during the launch of the Malaysia High Technology Performance Report 2023 here today. The report's launch briefing was also attended by MIGHT co-chair (industry) Tan Sri Ahmad Tajuddin Ali, co-chair (government) Tan Sri Zakri Abdul Hamid, and president and chief executive officer Rushdi Abdul Rahim. Hasnol Zam Zam emphasised MOSTI's commitment to expanding and strengthening the national innovation ecosystem to ensure sustained competitiveness across all development sectors, especially in high technology. In addition to MIGHT, he mentioned that several international institutions also use high-tech export indicators as a key measure to assess a country's competitiveness and innovation capacity. Meanwhile, Rushdi noted that although the telecommunications electronics product group remained the largest contributor with US$36 billion, accounting for 80.58 per cent of total high-tech goods exports across nine subgroups, there remains significant growth potential in other categories such as scientific equipment, office machinery, electrical machinery, and aerospace surplus. However, he highlighted that these categories must be supported by a robust innovation ecosystem and effective market penetration strategies. 'Beyond directly contributing to the nation's aspiration to become a high-income, technology-based economy, this dynamic innovation ecosystem also strengthens Malaysia's position in achieving technological sovereignty, ensuring the country is not only capable of utilising but also mastering and controlling these strategic technologies,' he added.
