Auditorium Dr. Tengku Azzman Mohd Shariffadeen, MIMOS Berhad, Technology Park Malaysia, Selangor, 10th July 2018
Contributor: Mohd Hasan Bin Mohd Saaid
Editor : Mastura Ishak
The public consultation on UN/CEFACT blockchain is being held as part of Malaysia’s initiative to be a key contributor in the global standardisation initiative for trade facilitation and supply chain automation under the purview of Technical Committee T/C/G 15, the Malaysian National Mirror Committee for TC 307, the ISO Committee for Blockchain and Distributed Ledger Technology (DLT). Currently, there are 35 countries are on the list of active participants on the TC 307 committee, while another 15 countries attend as Observer Countries. The number of participation countries continue to grow is evidence of high interest in blockchain technology for economy growth. Mr Ng Kang Siong of MIMOS, and the head of Malaysian delegation to the previous TC 307 meetings, shared the updates on the work done under the committee with the audience.
The main objective for the UN/CEFACT effort is to facilitate blockchain technology adoption in the relevant aspects, including for trade purposes, as well as safety and security. Government-led initiatives will provide better ecosystem for Malaysia’s competitiveness through readiness to connect to the global standards.
The representative from MITI shared Malaysia’s efforts on trade and business facilitation especially on trade across border and e-commerce. Trading across border is being highlight as the area to be improve for Malaysia’s competitiveness in doing business, paying particular consideration to time and cost of doing import-export. Malaysia will continue to strengthen collaboration, infrastructure, and facilities. As mentioned by Mr. Fattah Yatim, Chairman of T/C/G 15 in his speech, blockchain is the technology that hold potential in transforming next economy, quoting Klaus Schwab’s, “In the new world, it is not the big fish which eats the small fish, it’s the fast fish which eats the slow fish”.
The representative from MDEC, Mr Tan Tze Ming explained that the focus of the UN/CEFACT whitepaper was on international supply chain as in the flow of goods, funds, and data. Data include invoice, shipping notices, bills of lading, certificates of origin and import/export declarations. Underlying of this system is trust. This is where blockchain play an important role to improve trade facilities. Three different aspect blockchain can be consider as;
- Smart contact platform
- Electronic notary, and
- Decentralise process coordinator
Integration with other technologies, e.g. IoT, is where global standard become important. This concept paper focuses on building the overarching framework to manage trade facilitation data with the help of blockchain technology, however, the implementation of blockchain itself will not be address. It also recognises related technologies such as shared platform based with API’s enabling integration, extensibility, interoperability and functionality of Internet of Things (IoTs).
The MDEC Digital Free Trade Zone (DFTZ) team opined that the guiding principles underpinning the development of technical application of blockchain in the UN/CEFACT proposal is in line with the targeted development under DFTZ for trade facilitation.
In the public feedback session, Ms. Mastura Ishak, Programme Director of Blockchain MIGHT facilitated the technical discussion and amendment of the draft white paper to be summitted to the UN/CEFACT.
In conclusion, collaborative effort between government, industry and public are needed to expedite the adoption of blockchain technology to benefit the country, particularly the industries. The UN/CEFACT Blockchain White Paper serves as the early platform in understanding the general requirements for global adoption. Whilst the expected framework developed at this level would lean towards voluntary adoption, at individual country’s level, further discussions will be needed to transform it into working mandatory requirements that would enable monitoring by the instituting entities.
Renaissance Hotel, Kuala Lumpur, 5th July 2018
Contributor: Mohd Hasan Bin Mohd Saaid
Editor : Mastura Ishak
During the forum organised by University of Malaya under its Faculty of Law together with University of Malaya Malaysian Centre of Regulatory Studies (UMCORS),the Malaysian Block the chain Regulatory Report was launched followed by two panel sessions to expand on the main focus of the report, i.e. issues related the Initial Coin Offering (ICO) and on the Personal Data Protection Act (PDPA) in the context of recently enforced EU’s General Data Protection Regulation(GDPR) from the perspective of Blockchain.
The discussions mainly concentrated on how the blockchain regulatory could provide competitiveness of Malaysia’s economy. The report attempted to answer how regulatory could spur innovation rather than limiting the potential. Some of the ideas highlighted include:
- Unintended consequences of the “The Right to be Forgotten” due to its immutable features.
- The need for policymakers to understand deeper on the technical aspect of blockchain. This would improve how the policy can cater wide ranges of blockchain application.
Mrs Mastura Ishak, was given the stage in the concluding session to speak on the way forward for Blockchain regulation in Malaysia together with Mr. Adam Vaziri, Founder and CEO of QRC Group Plc. MIGHT highlighted the fact that as a part of the broader group of digital technologies, Malaysia needs to inspect blockchain and the relevant regulations, in both financial and non-financial applications and how it can improve the country’s competitiveness. Mr Adam Vaziri highlighted the need to acknowledge ICOs, both its contributions and risks, and to manage it to benefit the country
MARIC is moving forward to further strengthen local Rail Industry players presence in the local and international scene.
17 April, Cyberjaya – An exhibition that showcases the journey and capabilities of Malaysia’s rail industry is being held at Malaysian Industry-Government Group for High Technology (MIGHT). Known as the MIGHT Partnership Hub, the event is held via the Science to Action (S2A) – Science for Industry platform, another Malaysian Technology Solutions initiatives. The special exhibition is organised by the Malaysian Rail Industry Corporation (MARIC); an industry-led consortium that represents the voice of local rail companies; and showcases the tracks that the nation has laid and the charted way forward for the nation’s rail industry.
Titled Special Rail Exhibition, the exhibition shall run from 17th of April till 4th May. It was officiated by Tan Sri Datuk Dr Ir Ahmad Tajuddin Ali, Joint Chairman (Industry) MIGHT together with Datuk Dr. Mohd Yusoff Sulaiman, President and Chief Executive Officer MIGHT who is also President of MARIC. Also attended was MARIC and MIGHT members.
Malaysia is focused in creating a seamless journey in public transportation, connecting districts, towns and cities in ferrying passengers and cargo. Urban development is now parallel with the advancement of its rail network and new stations translate into new townships and new lines that will bring in new industry and urbanisation.
With government’s support through its localisation policy, the local rail industry has developed and achieved international standard and recognition. This is evident in local player’s involvement in three major projects under The Greater Kuala Lumpur Plan 2010. The projects were awarded based on the capabilities of MARIC members, together with each respective local and international rail partner.
Through these projects, MARIC members expand their expertise through knowledge transfer such as involvement in after sales, MRO and export capabilities. It also accorded MARIC members credibility as engineering, procurement, construction and commissioning (EPCC) partners to the international original equipment manufacturer (OEM), enabling smart-partnership between various parties, locally and abroad.
Going forward, MARIC has a vision of expanding its organisation that would further benefit its members. Amongst them are incorporation of MARIC Incorporated and MARIC Trading House, establishment of Rail Industry Zone that includes research and innovation centre, warehouse and heavy engineering storage, and establishment of Rolling Stock Anchor Company, Technology and Innovation Anchor Companies and MARIC Product Focus Group. Through these initiatives, MARIC is ready to achieve more with the government’s support and recognition. Through collaboration with international construction, engineering and financial giants, MARIC members can adapt easily to both western to eastern technology. Such exposure also inculcates awareness on the standards of quality and expectations of the local players and increase their capabilities such as managing high level maintenance, repair and overhaul of LRT Ampang Line, KLIA Express and KTMB ETS wagons. In addition, parts and components can also be produced locally with support and assistance from OEM and rail owners. Key operators such as Prasarana and KTMB has long embarked into vendor development programme where they identify special components to be locally manufactured while opening up windows of opportunities to grow abroad.
MARIC is now focused on five products with high opportunity to be explored – Automated Fare Collection, Operation Control Centre, Design, Solution and Technology Manufacturing, Customer Experience Solutions and Narrow-casting and Mobile Entertainment and Advertising.
This special exhibition will bring together developers, brands, marketers, technology providers, designers, innovators and evangelists and set the pace in advancing our rail industry.
Cyberjaya, 27 February – The Malaysia Technology Strategic Outlook (MTSO) was launched today- a biennial publication that aims to inform and promote awareness on the latest development as well as challenges that are shaping the local and global high technology landscapes.
The launching was performed by Minister in Prime Minister’s Department, who is also the minister in charge of Malaysian Industry-Government Group for High Technology (MIGHT), Dato’ Sri Hajah Nancy Shukri, accompanied by the Science Advisor to the Prime Minister and Joint-Chair (Government) of MIGHT, Professor Tan Sri Zakri Abdul Hamid, Joint-Chair (Industry) of MIGHT, Tan Sri Datuk Dr. Ahmad Tajuddin Ali and President and Chief Executive Officer of MIGHT, Datuk Dr Mohd Yusoff Sulaiman.
MTSO is an initiative undertaken by MIGHT, an agency under the Prime Minister’s Office that serves to advance the nation’s competency in high technology towards sustainable development through public-private partnerships.
Industry 4.0 set the scene for this edition of MTSO. With that theme, descriptions of the technologies and platform involved including assessments on technological readiness in the face of rapid changes in high technology were presented. Also included are selected success stories of local and international companies in adopting these technologies, followed by government initiatives addressing these challenges whilst supporting progress.
The overview and in-depth analysis of various topics enable readers of the publication to relate to the current science and technology environment that is progressively transforming human lives around the globe, while serving as a guideline from whence the affected segments of society could chart their future; be it in policy, business or livelihood as a whole.
MTSO contributed as part of input to the Ministry of International Trade and Industry’s National Industry 4.0 Blueprint, complementing the efforts made my the ministry in preparing the local industry with the advent of Industry 4.0
The event took place at MIGHT’s new office, MIGHT Partnership Hub, as the agency also took that opportunity to celebrate its 25 years anniversary with the guests.
The 7th edition of World CSR Day place in Mumbai 17-18 Feb which has partners from various industries, NGOs and the media. The theme it carried this time was Purposeful Purpose and related to a number of SDGs including sustainable cities. One of the programmes at this 2-day event was an award session to recognise 50 most Impactful Smart Cities Leaders. Pleased to announce that one of the recipients is MIGHT Vice President, Datuk Nik Ahmad Faizul. Congratulations!
Katanya pada 2013, jumlah pelaburan di Kelantan sebanyak RM995 juta, 2015 (RM353 juta) dan 2016 (RM514 juta).
“Bagaimanapun, sepanjang tempoh lima tahun itu, hanya RM58 juta diaplikasikan berikutan terdapat beberapa masalah termasuklah kegagalan tiga syarikat yang diberi lesen untuk memulakan industri pembuatan simen tersebut,” katanya.
Beliau berkata demikian kepada pemberita selepas menyaksikan Majlis Memeterai Perjanjian Usaha Sama Pelaburan antara A-Bio Sdn Bhd dan Ain Medicare Sdn Bhd di Kawasan Perindustrian Pengkalan Chepa di sini, hari ini.
Mustapa berkata jumlah pelaburan di Kelantan adalah rendah berbanding negeri-negeri lain berikutan pelabur berdepan dengan kesukaran terutamanya berkaitan kemudahan infrastruktur seperti kualiti dan bekalan air yang kurang memuaskan.
“Kita perlu mencari kaedah yang lebih baik untuk meningkatkan jumlah pelaburan di negeri ini dan pada masa sama, saya berharap pihak yang berkaitan dapat mengambil perhatian terhadap masalah yang dihadapi oleh pemain industri,” katanya.
Terdahulu, perjanjian itu dimeterai antara Pengerusi A-Bio Sdn Bhd Tan Sri Ahmad Ramli Mohd Nor dan Pengerusi Ain Medicare Sdn Bhd Datuk Wan Ariff Wan Hamzah.
Menerusi perjanjian tersebut, A-Bio yang merupakan syarikat pelaburan strategik di bawah Kumpulan Industri-Kerajaan bagi Teknologi Tinggi (MIGHT) akan melakukan pelaburan strategik sebanyak RM20 juta dalam Ain Medicare untuk meningkatkan lagi daya saing syarikat itu dalam industri bioteknologi perubatan khususnya pengeluaran produk bio-farmaseutikal tempatan yang bernilai tinggi.
A-Bio juga adalah satu program strategik di bawah Unit Perancang Ekonomi di Jabatan Perdana Menteri, yang melakukan pelaburan dalam syarikat berkaitan tiga sektor utama iaitu industri berasaskan bio dan bioteknologi, industri teknologi baharu muncul dan industri hijau.
COLOMBO: Prime Minister Datuk Seri Najib Razak today was welcomed by Sri Lankan President Maithripala Sirisena at the Presidential Secretariat, before both proceeded to a four-eyed meeting for about 30 minutes.
The two premieres then joined a bilateral meeting with delegations from both countries for almost an hour, before witnessing the signing of three memoranda of understanding.
The first MoU between the two governments involved cooperation in the training of diplomats.
The Malaysian Industry-Government Group for High Technology (MiGHT) signed an MoU with Sri Lanka’s Coordinating Secretariat for Science, Technology and Innovation for cooperation in “Foresight and Science2Action”.
The third MoU involved Malaysian Bioeconomy Develoment Cooperation Sdn Bhd on a collaboration in science, technology and innovation activities as well biotechnology sector.
Najib, along with delegates from both sides, will later attend an official luncheon hosted by Sirisena at his residence.
He will then hold a one-hour roundtable meeting with captains of industry comprising Malaysian, Sri Lankan and international firms mostly in the services sector.
They include those from telecommunication, information and communication technology, manufacturing, tourism, financial services and agriculture.
As of 2016, Sri Lanka was Malaysia’s 41st largest trading partner, 33rd largest export destination and 67th largest import source.
For the same period, Malaysia was Sri Lanka’s 10th largest trading partner, 37th largest export destination and sixth largest import source.
Malaysia’s total exports to Sri Lanka amounted to US$ 579.9 million last year (Jan-Oct 2017: US$483.4 million).
Its major exports included petroleum products, palm oil and palm based products, chemical and chemical products, electrical and electronic products and sawn timber and moulding.
Total imports from Sri Lanka stood at US$59.2 million last year (Jan-Oct 2017: US$60.2 million).
Malaysia’s major imports included textiles, apparels and footwear, processed food, natural rubber, petroleum products and rubber products.
Malaysia has a total investment of US$3.1 billion in Sri Lanka with 47 projects spanning 8,335 jobs.
Source: New Straits Times
KUALA LUMPUR, Nov 30 (Bernama) — Malaysia is poised to become the leader among the ‘Mighty Five’ nations that are emerging as top manufacturing countries by 2020, according to the United States (US) Council on Competitiveness.
The ‘Mighty Five’ refers to the five Asia Pacific nations of Malaysia, India, Thailand, Indonesia, and Vietnam which are expected to pierce the top 15 nations on manufacturing competitiveness over the next five years.
The US Council on Competitiveness president and chief executive officer Deborah L.Wince-Smith said the base and foundation that Malaysia has today would drive the country to that future.
“There is a huge base here to build on and also very strong capabilities of engineering, highly educated people and commitment from the government to build the right policies and framework around innovation to drive Malaysia to that future.
“So we in the Global Federation of Competitiveness Councils (GFCC) are very proud that Malaysia is one of our members, one of the leading members of the GFCC. Malaysia exemplifies so much of what is important for the future,” she told a press conference on the sidelines of the 2017 Global Innovation Summit here Wednesday.
Also present were Minister in the Prime Minister’s Department Nancy Shukri, Science Advisor to the Prime Minister Professor Zakri Abdul Hamid and Malaysian Industry-Government Group for High Technology (MiGHT) chairman Dr Ahmad Tajuddin Ali.
Malaysia was ranked at 17th place in the 2016 Global Manufacturing Competitiveness Index developed by Deloitte Touche Tohmatsu Limited and the US Council on Competitiveness and 23rd out of 137 countries in the World Economic Forum Global Competitiveness Report 2017-2018.
Meanwhile, in her welcoming remarks at the event, Nancy said Malaysia’s economy remained vigilant and resilient as many reports confirmed that the country was on the track to be a developed nation.
She said, the government had an agenda for economic reforms and took the tough but responsible path to achieve it.
“It is clear today, aided by the hard work of millions of Malaysians, the plan has worked and continues to work… I believe Malaysia is on the right track to move to a new playing field of joining the likes of other fully developed nations,” she said.
The Global Innovation Summit 2017, organised by GFCC and MiGHT convenes high-level leaders from business, government, academia, civil society and global think tanks for vibrant discussions on the state of global competitiveness and ways to enhance innovation capacity worldwide.
Shortfalls in talent and direction, and a general lack of awareness about the profound industrial revolution underway worldwide are the top concerns of senior business and government executives assessing Malaysia’s readiness for “Industry 4.0” — the automation and digitization of industrial processes through robotics and other emerging technologies.
The survey, including recommendations was released by Malaysia’s Global Science and Innovation Advisory Council (GSIAC), meeting today in Kuala Lumpur.
Created as an informal sounding board composed of distinguished national and international leaders in economics, business, science and technology, GSIAC is mandated with helping Malaysia reach developed country status by 2020. The Council’s Secretariat is hosted by the Malaysian Industry-Government Group for High Technology (MIGHT).
The assessment was overseen by GSIAC member Kris Gopalakrishnan, Chairman of Axilor Ventures, India, who led in-depth interviews with nine of the nation’s prominent business executives and government officials. The work helps inform and complement a policy document on Industry 4.0 being developed by Malaysia’s Ministry of International Trade and Industry (MITI).
The world’s three past industrial revolutions evolved from the invention of the steam engine, from the electrification and expansion of industries for mass production, and from the digital revolution produced by computers and information technologies.
The 4th Industrial Revolution (Industry 4.0) is being driven by the convergence of advanced technologies such as robotics, artificial intelligence, the Internet of Things, autonomous vehicles, 3-D printing, nanotechnology, biotechnology, materials science, energy storage, and quantum computing.
Industry 4.0 includes the digitization of the manufacturing sector, with embedded sensors in virtually all product components and manufacturing equipment, ubiquitous cyber-physical systems, and analysis of all relevant data and has the potential to disrupt almost every industry in every country. Furthermore, it is evolving much faster and with greater impact than any of the three previous industrial revolutions.
In an ever more globalized world, Malaysia is compelled to embrace the 4th Industrial Revolution in order to stay competitive.
Automation and digitization of local manufacturing could help address two major challenges in Malaysia: over dependency of low-skilled foreign labours in the manufacturing sector, and the need to increase the productivity of small and medium sized enterprises.
But the nation needs to be better ready to confront the challenges foreseen, the executives say.
The interviewees were questioned on four broad topics: Government policies, industry readiness, talent development, and start-up scenarios.
The most commonly cited concerns: a lack of talents in related technologies and applications, unclear direction from the Government on Industry 4.0, and an overall lack of awareness among related stakeholders, particularly the industry.