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NTIS helps commercialise 27 local products, generating RM87.2 million in sales
NTIS helps commercialise 27 local products, generating RM87.2 million in sales

The Sun

time6 days ago

  • Business
  • The Sun

NTIS helps commercialise 27 local products, generating RM87.2 million in sales

KUALA LUMPUR: The National Technology and Innovation Sandbox (NTIS) has helped commercialise 27 local tech products, generating RM87.2 million in sales since its launch in August 2020, said Science, Technology and Innovation Minister Chang Lih Kang. He noted that the platform has supported more than 190 homegrown technology solutions and stressed that Malaysia must move beyond relying on imports and adaptation. 'If we're serious about becoming a high-tech nation, we must dare to innovate, create and test new ideas in real-world settings,' he said in a Facebook post tonight. Describing NTIS as an 'innovation accelerator', Chang said the initiative offers researchers, start-ups and tech entrepreneurs a space to trial ideas with flexible regulatory backing. 'It's not just a testing ground. It is a space that believes in local talent, where there's room to fail, learn and return with better solutions,' he said. He added that each innovation tested under NTIS takes Malaysia a step closer to building a more mature innovation ecosystem, one where ideas are not just conceived, but refined and brought to market. Chang also noted that the programme is a core part of the National Science, Technology and Innovation Policy (DSTIN) 2021–2030 and aligns with the Malaysia MADANI agenda, which sees innovation as grounded not just in technology, but in values like trust and opportunity. 'With NTIS, we open the path. Those who dare to try, we give space. Those who succeed, we support all the way to market. That's how we build the future,' he said.

NTIS Drives RM87.2mil Sales from 27 Local Tech Products
NTIS Drives RM87.2mil Sales from 27 Local Tech Products

The Sun

time6 days ago

  • Business
  • The Sun

NTIS Drives RM87.2mil Sales from 27 Local Tech Products

KUALA LUMPUR: The National Technology and Innovation Sandbox (NTIS) has helped commercialise 27 local tech products, generating RM87.2 million in sales since its launch in August 2020, said Science, Technology and Innovation Minister Chang Lih Kang. He noted that the platform has supported more than 190 homegrown technology solutions and stressed that Malaysia must move beyond relying on imports and adaptation. 'If we're serious about becoming a high-tech nation, we must dare to innovate, create and test new ideas in real-world settings,' he said in a Facebook post tonight. Describing NTIS as an 'innovation accelerator', Chang said the initiative offers researchers, start-ups and tech entrepreneurs a space to trial ideas with flexible regulatory backing. 'It's not just a testing ground. It is a space that believes in local talent, where there's room to fail, learn and return with better solutions,' he said. He added that each innovation tested under NTIS takes Malaysia a step closer to building a more mature innovation ecosystem, one where ideas are not just conceived, but refined and brought to market. Chang also noted that the programme is a core part of the National Science, Technology and Innovation Policy (DSTIN) 2021–2030 and aligns with the Malaysia MADANI agenda, which sees innovation as grounded not just in technology, but in values like trust and opportunity. 'With NTIS, we open the path. Those who dare to try, we give space. Those who succeed, we support all the way to market. That's how we build the future,' he said.

UAE among world's best 120 governments, reveals CGG Index
UAE among world's best 120 governments, reveals CGG Index

Gulf Today

time15-05-2025

  • Business
  • Gulf Today

UAE among world's best 120 governments, reveals CGG Index

The UAE has risen to the 9th position globally and maintained its top regional ranking among the world's best 120 governments, according to the Chandler Good Government Index (CGGI) 2025. This marks a 5-position jump from 2024 and a 19-position leap since 2021. The UAE is also the only Middle Eastern country in the global top 20. In the sub-category rankings, the UAE dominated 6 key pillars including Leadership & Foresight as it is ranked 2nd globally, Financial Management as it is ranked 3rd globally, Attractive Marketplace as it is ranked 8th globally and Strong Institutions as it is ranked 10th globally. These achievements highlight the UAE's relentless efforts to strengthen its institutions and diversify its economy over the years. The UAE also led in several detailed sub-indicators within the CGGI 2025, including Adaptability, Strategic Prioritisation, Innovation, Implementation and Budget Surplus. The UAE's strategic focus on innovation and technology-driven governance reforms has been a key driver of its success. This aligns with the launch of the National Science, Technology, and Innovation Policy in 2024, the broader UAE Vision 2031, and the long-term Centennial 2071 Strategy. Globally, Singapore topped the Chandler Index, followed by Denmark, Norway, Finland, Sweden, Switzerland, Netherlands, and Germany.

Mosti eyeing 300,000 participants for 2025 National Science Week
Mosti eyeing 300,000 participants for 2025 National Science Week

Borneo Post

time05-05-2025

  • Science
  • Borneo Post

Mosti eyeing 300,000 participants for 2025 National Science Week

Chang performs the launch gimmick for National Science Week 2025, as other distinguished guests look on. — Photo by Jude Toyat KOTA SAMARAHAN (May 6): The Ministry of Science, Technology and Innovation (Mosti) is targeting around 300,000 participants for the 2025 National Science Week (MSN), which kicked off at Universiti Teknologi Mara (UiTM) Samarahan Campus here on Sunday, and will run until the end of this year. According to the minister Chang Lih Kang, the programme reflects the government's ongoing commitment to fostering a culture of Science, Technology and Innovation (STI) among Malaysians, in line with the National Science, Technology and Innovation Policy (NSTIP) 2021-2030. 'Although it is called 'National Science Week', the initiative will actually span until the end of the year and over the next few months, we will be visiting at least six states. 'During this period, we will also bring science exhibitions to rural and remote areas in Borneo through the Kembara Sains Borneo initiative. 'We are targeting around 300,000 participants this year through more than 50 exciting and meaningful activities that are planned to ensure the programme remains impactful, relevant, and inclusive for all target groups,' he told reporters when met after the launch. Earlier, in his opening speech, Chang expressed gratitude for the opportunity to launch the programme, brought by Mosti through the National Science Centre (NSC), in Sarawak and acknowledged the strong partnerships that had made it possible. In this regard, he extended his appreciation to the Ministry of Education, Innovation and Talent Development Sarawak (MEITD) as the implementing partner, and also to the Yayasan Mr D.I.Y. as the official sponsor. He also expressed appreciation to the Ministry of Education (MoE), the Ministry of Higher Education (MoHE), departments and agencies under Mosti, as well as the Sarawak government agencies that had contributed to the success of the programme. He emphasised that this year marks the eighth edition of the MSN, since its inception in 2018. 'This effort reflects Mosti's commitment to cultivating the culture of science, technology and innovation in the lives of Malaysians in a consistent and continuous manner.' According to Chang, this programme supports the Malaysia Madani vision, particularly the 'Creative Power' pillar, which promotes national readiness through the adoption of technologies such as artificial intelligence (AI), robotics, automation, and Big Data. Also present were Deputy Science, Technology and Innovation Minister Datuk Mohammad Yusof Apdal; acting permanent secretary of the MEITD, Husini Bakir; UiTM Sarawak rector Prof Dr Firdaus Abdullah; and National Science Centre director Mohammad Fuad Rahman.

Malaysia retains top 10 spot in global high-tech exports
Malaysia retains top 10 spot in global high-tech exports

New Straits Times

time25-04-2025

  • Business
  • New Straits Times

Malaysia retains top 10 spot in global high-tech exports

KUALA LUMPUR: Malaysia has maintained its position as the ninth-largest exporter of high-technology goods among 143 countries in 2023, marking its highest placement in the past decade. According to the Malaysia High Technology Performance Report 2023, the country's high-tech exports rose by US$2 billion to US$127 billion last year, contributing to a decade-high trade surplus of US$51.5 billion. Malaysia's share of global high-tech merchandise exports also increased to 3.32 per cent, with the report noting that global high-tech exports grew by US$80 billion to US$3.83 trillion in 2023. The report was produced by the Malaysian Industry-Government Group for High Technology (MIGHT). MIGHT president and chief executive officer Rushdi Abdul Rahim said telecommunications electronics remained the largest contributor, generating US$36 billion in export value. He said other sectors showing strong growth potential include scientific equipment, office machinery, electrical machinery and aerospace surplus. "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. "It also ensures the country is not only capable of utilising, but also mastering and controlling these strategic technologies," Rushdi added. Science, Technology and Innovation Ministry (Mosti) secretary general Datuk Seri Hasnol Zam Zam Ahmad reaffirmed the ministry's support for advancing Malaysia's high-tech landscape. "Mosti is committed to expanding and strengthening the innovation ecosystem to ensure sustained competitiveness in all facets of nation-building, especially in the nation's high-tech sector," he said. "The National Science, Technology and Innovation Policy 2021–2030 underscores this commitment, not only to transform Malaysia into a high-tech nation, but also to support Malaysia's transition from a user to a developer and creator of technology."

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