Latest news with #MSIA
BusinessToday
23-07-2025
- 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
Malay Mail
23-07-2025
- Business
- Malay Mail
Zafrul: Asean can lead global semiconductor push with strategic neutrality, industry cooperation
KUALA LUMPUR, July 23 — 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. The inaugural ASEMIS, to be held in Petaling Jaya tomorrow, will be hosted by the Ministry of International Trade and Industry (MITI) in collaboration with the Malaysian Semiconductor Industry Association (MSIA). Themed 'Shaping the Future of Asean's Semiconductor Industry', the one-day event is aimed at positioning 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 at the summit, which will bring together a total of 500 attendees, comprising policymakers, industry analysts, economists, sovereign fund representatives and industry leaders from across Asean and Asia. MSIA president Datuk Seri Wong Siew Hai said delegates, through exclusive opportunities to connect with key decision-makers and industry captains, could catalyse their business growth through collaborative ventures which would help drive Asean's regional 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. Panelists include industry association leaders from Malaysia, Singapore, the Philippines, Thailand and Vietnam who will discuss public-private collaborations and the drive for greater regional cooperation. — Bernama
The Sun
23-07-2025
- 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
The Sun
15-07-2025
- Business
- The Sun
MSIA: Miti move shows Malaysia's seriousness in complying with international trade obligations
KUALA LUMPUR: The trade permit imposed for US origin high-performance artificial intelligence (AI) chips reaffirms Malaysia's commitment as a trusted hub for managing advanced technology exports, transshipments, and transits. In stating this, Malaysia Semiconductor Industry Association (MSIA) president Datuk Seri Wong Siew Hai said the measure sent a strong signal of Malaysia's seriousness in complying with international trade obligations, including the US export controls. 'The trade permit makes it clear that the government will not tolerate any abuse of exports, transshipment, or illicit trading,' Wong told Bernama when asked to comment on the current measures announced by the Ministry of Investment, Trade and Industry (Miti) on Monday. He added that many Malaysian firms have already taken proactive steps, including internal audits, to ensure they adhere to local and global regulations. 'We in Malaysia, both the private sector and government, take this very seriously. We want to make sure everything is fully compliant.' However, Wong said there is a need for greater clarity from the government on specific reporting obligations under the strategic trade permit. 'We need to know what needs to be reported and what constitutes notification to authorities. Once this is clear, companies can incorporate any additional steps needed to meet compliance,' he said. Miti on Monday announced that, effective immediately, all exports, transshipments, and transits of US-origin high-performance AI chips would be subject to a Strategic Trade Permit under Section 12 of the Strategic Trade Act 2010 (STA 2010), also known as the Catch-All Control provision. Under the provision, individuals or companies are required to notify authorities at least 30 days in advance if they intend to export, transship, or transit any unlisted item that may be suspected of being misused or involved in restricted activities. Meanwhile, Pacific Research Center of Malaysia principal adviser Oh Ei Sun said the move would not affect local data centre or AI development projects, as it pertains primarily to the transshipment or export of US-made chips, not their import into Malaysia for domestic use. 'I would not say Malaysia's industry lacked transparency before this. But the US is now taking this issue very seriously, and we are acting accordingly because we value our overall relationship with the US,' he said.
Bloomberg
14-07-2025
- Business
- Bloomberg
MSIA's Wong: Tariffs To Impact Malaysia's Growth, Demand
Malaysia Semiconductor Industry Association President Wong Siew Hai believes trade tariffs would impact Malaysia's growth and demand. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)
