KUALA LUMPUR, 24 April — Xtep is positioning Malaysia as a key growth engine for its Southeast Asia ambitions, rolling out six new stores to capture rising demand for performance running gear.

The China-based sportswear group has opened outlets across Kuala Lumpur, Penang, Johor Bahru, Kuantan and Shah Alam, marking an early phase of its regional expansion strategy.

The move comes as Malaysia’s running scene gathers pace, supported by government initiatives such as Malaysia Aktif and increased public spending on sports development. The Kuala Lumpur Standard Chartered Marathon alone drew about 42,000 participants in its latest edition, underscoring the scale of growing interest in endurance sports.

Xtep is positioning its outlets as hybrid retail and community spaces, with plans to host group training sessions and running events to deepen engagement with local runners.

The company is also introducing a performance running range designed for Malaysia’s climate and terrain, in line with a broader industry shift towards localised product development.

A 10km run planned in Kuala Lumpur has drawn strong early interest, highlighting growing appetite for structured amateur competition.

Strategic push by Xtep beyond China

Founded in 2001 and listed in Hong Kong, Xtep has evolved from a domestic sportswear player into a performance-focused running brand, sharpening its positioning in recent years.

The group has accelerated its international expansion strategy, with Southeast Asia identified as a key growth region. Malaysia stands out due to its established running community, supportive policy environment and rising consumer interest in fitness and active lifestyles.

Competition heats up

Xtep’s expansion comes amid intensifying competition in Malaysia’s sportswear segment, where global names such as Nike and Adidas, alongside regional players, continue to invest in both retail presence and community-building.

Industry observers say differentiation is increasingly driven by product innovation, localisation and sustained engagement with running communities.

For Xtep, scaling its footprint while embedding itself within Malaysia’s running ecosystem will be critical to building long-term traction in the region.

The six-store rollout signals the start of a broader expansion pipeline as the group deepens its push into Southeast Asia’s growing sports retail market. – NMH

The post Xtep Targets Malaysia As South-East Asia Growth Engine first appeared on NMH.

KUALA LUMPUR, April 16 — Skyworth PV has formally entered Malaysia, positioning itself to capitalise on a fast-evolving solar landscape reshaped by policy reforms, pricing pressures and growing demand for energy independence.

The China-based solar solutions provider launched its Malaysian expansion with a partner conference in Kuala Lumpur last week, sealing multiple local collaborations as it moves quickly to build on-the-ground capacity.

But beyond the optics of a market entry, Skyworth’s timing reflects a deeper inflection point in Malaysia’s energy transition.

Policy resets are quietly rewriting the solar playbook

Malaysia’s distributed solar sector is undergoing structural change — and not by accident.

Recent regulatory adjustments — including the removal of capacity caps for non-residential solar installations and refinements to self-consumption mechanisms — are shifting the market away from subsidy dependence towards commercially driven adoption.

At the same time, evolving electricity tariffs are making grid power more expensive for high-usage commercial and industrial players, narrowing the cost gap with solar.

The transition from Net Energy Metering (NEM) to newer frameworks such as Solar ATAP is also nudging consumers towards self-consumption models, where energy savings — rather than export incentives — drive returns.

Taken together, these changes are unlocking a segment long seen as underpenetrated: rooftop solar for businesses.

Industry observers note that Malaysia’s solar capacity has historically lagged regional peers despite strong fundamentals, including high solar irradiation and stable grid infrastructure. The current policy trajectory suggests that gap may now close more rapidly.

The Skyworth strategy: scale, partners, and financing — not just panels

Against this backdrop, Skyworth is not entering as a pure equipment vendor.

Instead, the company is pushing a bundled model — combining solar modules, hybrid inverters, and battery storage with financing, system design and operational support.

This reflects a broader shift in the industry, where execution capability and access to capital are becoming as critical as technology.

Skyworth said its localisation strategy will focus on enabling Malaysian partners to scale quickly through a “one-stop” ecosystem spanning supply chain, branding, digital tools and project delivery.

Such models are increasingly relevant in Malaysia, where fragmented market structures and upfront capital costs remain barriers to wider adoption.

Energy storage, in particular, is emerging as a key battleground. As tariff structures evolve and peak pricing becomes more pronounced, the ability to store and optimise solar energy could significantly improve project economics.

A crowded field — and rising stakes

Skyworth’s entry comes as competition in Malaysia’s solar sector intensifies.

Local engineering firms, regional developers and global manufacturers are all vying for position in a market that is transitioning from policy-led growth to commercial viability.

The next phase of expansion is expected to favour players that can deliver not just hardware, but integrated solutions — including financing models, performance guarantees and long-term asset management.

For foreign entrants like Skyworth, success will likely hinge on how effectively they can localise — navigating regulatory nuances, building trusted partnerships and competing on margins in an increasingly price-sensitive environment.

Race towards 2050 — opportunity and execution risk

Malaysia has set an ambitious target of achieving 70 per cent renewable energy capacity by 2050, placing solar at the centre of its transition strategy.

Yet execution remains uneven.

Grid constraints, policy consistency and financing accessibility continue to shape the pace of adoption. While recent reforms signal stronger intent, the market’s trajectory will depend on how these policies translate into bankable, scalable projects.

Skyworth’s bet is that Malaysia is entering a tipping point — where solar is no longer a policy experiment, but a core component of the country’s energy mix.

Whether that bet pays off will depend less on technology — and more on who can scale fastest, finance smartest, and execute reliably in a market that is finally waking up. – NMH

The post Skyworth PV Enters Malaysia Solar Market as Policy Changes Drive Growth first appeared on NMH.

KUALA LUMPUR (April 7): ARC Group returns to Kuala Lumpur for its Capital Markets & M&A Forum 2026, set to take place on May 7 at EQ, Equatorial Plaza, as corporates and investors navigate a more volatile global environment.

The forum comes as companies — particularly in the mid-market segment — reassess capital-raising strategies amid tighter liquidity, evolving interest rate expectations and uneven global growth prospects.

Against this backdrop, ARC Group is positioning this year’s forum around capital formation strategies, cross-border mergers and acquisitions, and international expansion — themes that are gaining urgency as firms seek alternative pathways for growth beyond domestic markets.

ARC Group builds momentum from 2025

Last year’s Kuala Lumpur edition drew more than 500 participants, including senior executives, institutional investors, legal advisors and financial professionals, underscoring the forum’s growing relevance as a regional meeting point for dealmakers.

The 2026 edition is expected to surpass that turnout, reflecting sustained interest in cross-border opportunities as companies explore listings and fundraising avenues beyond local exchanges.

Unlike traditional conferences, the forum is structured as a curated platform for founders, C-suite executives and investors, with a focus on closed-door discussions and high-level networking aimed at facilitating transactions and partnerships.

Nasdaq participation signals global push

A key highlight this year is the participation of Nasdaq, with its ASEAN capital markets lead Hiren Krishnani expected to provide insights into IPO readiness, investor engagement and access to global capital markets.

The inclusion of a major US exchange operator reflects a broader trend of Southeast Asian companies — particularly from the mid-market segment — exploring overseas listings in search of deeper liquidity, stronger valuations and a more diversified investor base.

For Malaysian companies, this comes at a time when domestic capital markets remain active but face increasing competition from international exchanges offering scale and visibility.

Malaysia’s positioning in a shifting landscape

Malaysia has in recent years positioned itself as a relatively stable financial hub within Southeast Asia, supported by a mature regulatory framework and steady institutional participation.

However, the current environment — characterised by external headwinds, currency pressures and cautious investor sentiment — is prompting some companies to look beyond local markets for growth and capital access.

At the same time, cross-border M&A activity in the region has picked up, driven by supply chain realignments, digital transformation and strategic consolidation across sectors.

In this context, platforms such as ARC Group’s forum are increasingly seen as conduits connecting regional companies with global capital and advisory networks.

A platform for cross-border dealmaking

Founded more than a decade ago, ARC Group operates as a global investment banking and advisory firm focused on cross-border transactions, capital markets and corporate strategy.

With a presence spanning Asia, the United States, Europe and the Middle East, the firm supports companies in navigating international fundraising, mergers and acquisitions, and market entry strategies.

Its Kuala Lumpur forum is part of a broader series held across major financial centres, aimed at bringing together investors, corporates and advisors to exchange insights and originate deals.

As global markets continue to recalibrate, ARC Group’s continued focus on Southeast Asia highlights the region’s growing role in cross-border capital flows — even as companies adopt a more outward-looking approach in response to evolving economic conditions. – NMH

The post ARC Group Brings Capital Markets Forum Back to KL first appeared on NMH.

KUALA LUMPUR — Rangkaian minuman dan ais krim Mixue terus memperluas kehadirannya di Malaysia sambil memperkukuh hubungan dengan komuniti tempatan melalui model perniagaan yang menekankan keusahawanan rakyat tempatan, pembangunan tenaga kerja serta pelaburan domestik berterusan.

Mixue Malaysia menyatakan strategi pertumbuhannya di Malaysia memberi penekanan kepada penyertaan tempatan dalam pelbagai aspek operasi, termasuk pemilikan francais, peluang pekerjaan dan kerjasama rantaian bekalan.

Lebih 93% daripada pemegang francais Mixue di Malaysia merupakan rakyat tempatan, dengan lebih 300 pemilik kedai mengendalikan operasi di seluruh negara. Syarikat itu berkata sistem francaisnya direka bagi membantu usahawan baharu memasuki sektor makanan dan minuman dengan lebih teratur melalui latihan, panduan operasi serta sistem pengurusan piawai.

“Kerjasama dengan usahawan tempatan membolehkan kami berkembang seiring dengan komuniti di Malaysia,” kata Teh Hwa Chun, Area Manager Trainee Mixue Malaysia. “Matlamat kami adalah membina perniagaan yang bukan sahaja menawarkan produk mampu milik, tetapi juga menyumbang kepada pertumbuhan ekonomi tempatan.”

Mixue Bina Ekosistem Francais Tempatan

Menurut syarikat itu, rangkaian francaisnya turut membantu mewujudkan peluang pekerjaan dan keusahawanan di seluruh negara. Mixue memaklumkan bahawa kira-kira 4,000 pekerja telah dilatih setakat ini, manakala sekitar 2,900 rakyat Malaysia kini bekerja dalam pelbagai peranan operasi.

Selain menyediakan peluang pekerjaan, syarikat itu turut memberi tumpuan kepada pembangunan kerjaya melalui program latihan berstruktur dan laluan kenaikan pangkat dalaman, sekali gus membuka peluang kepada pekerja membina kerjaya jangka panjang dalam sektor makanan dan minuman.

Strategi penyetempatan Mixue turut melibatkan penyesuaian produk serta kempen pemasaran dengan cita rasa dan budaya tempatan. Antara inisiatifnya termasuk promosi yang diselaraskan dengan sambutan perayaan seperti Hari Raya dan Hari Kebangsaan.

Dalam masa sama, pematuhan terhadap keperluan halal turut menjadi keutamaan syarikat bagi mengekalkan kepercayaan pengguna. Setakat ini, sebanyak 157 cawangan Mixue di Malaysia telah memperoleh pensijilan halal, dengan pemantauan dilakukan oleh pasukan khusus yang memastikan pematuhan terhadap piawaian yang ditetapkan.

Bagi memastikan operasi yang konsisten di seluruh rangkaiannya, Mixue turut menggunakan pelbagai sistem digital termasuk analitik sistem jualan (POS), amaran pengurusan inventori serta papan pemuka prestasi bagi meningkatkan kecekapan operasi dan mengurangkan pembaziran.

Selain itu, pembinaan, pengubahsuaian kedai serta pengurusan logistik dan pengedaran dilaksanakan dengan kerjasama rakan logistik yang berpengalaman bagi memastikan bekalan produk dapat dihantar secara stabil ke seluruh negara.

Kehadiran di Bazaar Ramadan

Kehadiran Mixue juga semakin ketara dalam ruang komuniti. Pada Ramadan tahun ini, gerai Mixue dilihat turut mengambil bahagian di beberapa lokasi Bazaar Ramadan, sekali gus menambah pilihan minuman dan pencuci mulut kepada pengunjung.

Walaupun peniaga tradisional kekal menjadi tarikan utama di bazaar, penyertaan jenama francais seperti Mixue mencerminkan perubahan landskap perniagaan makanan dan minuman yang semakin berkembang.

Bagi pengunjung bazaar, pilihan pembelian selalunya bergantung kepada cita rasa, harga dan kemudahan. Ramai yang tidak keberatan untuk membeli daripada kedua-dua jenis peniaga — sama ada gerai tradisional mahupun jenama yang sudah dikenali.

Pemerhati industri melihat situasi ini sebagai sebahagian daripada evolusi pasaran makanan dan minuman tempatan, di mana usahawan kecil dan perniagaan berasaskan francais semakin wujud secara bersama dalam ruang pasaran yang sama.

Ke hadapan, Mixue Malaysia menyatakan bahawa syarikat itu akan terus bekerjasama dengan agensi kerajaan, persatuan industri serta rakan tempatan bagi memperkukuh pertumbuhan mampan dalam sektor tersebut.

Syarikat itu juga merancang untuk memperluas rantaian bekalan domestik, membangunkan bakat tempatan serta memperkukuh keupayaan pengurusan tempatan dalam usaha memastikan pertumbuhan jangka panjang di Malaysia. – NMH

Baca juga:
Membina Usahawan Dari Akar Umbi — Transformasi Senyap UMEC

The post Mixue Perluas Jejak Komuniti di Malaysia, Perkasa Usahawan Tempatan first appeared on NMH.

KUALA LUMPUR — The rapid rise of Mixue outlets across Malaysia has been hard to miss — from neighbourhood shoplots to bustling commercial centres, and increasingly, Ramadan bazaars. But behind the snowman logo and affordable ice cream lies a broader ambition: embedding itself into local communities rather than simply expanding its footprint.

Mixue Malaysia says its long-term strategy in the country centres on local entrepreneurship, Malaysian talent and sustained domestic investment.

More than 93% of its franchisees are Malaysians, with over 300 local store owners currently operating nationwide. For many, the brand serves as a structured entry point into the competitive food and beverage sector, supported by systematic training, operational guidance and ongoing business support.

Mixue Builds a Local Franchise Ecosystem

The company says it has trained approximately 4,000 workers to date and currently employs about 2,900 Malaysians. Beyond job creation, Mixue emphasises career progression, offering structured development pathways aimed at building long-term employment rather than short-term placements.

“Our approach in Malaysia is about growing together — with entrepreneurs, employees and communities,” said Teh Hwa Chun, Area Manager Trainee of Mixue Malaysia. “We want to be seen as a brand that genuinely belongs to the people we serve.”

Localisation extends beyond ownership. Product offerings and promotional campaigns are tailored to Malaysian tastes and cultural moments, including national celebrations and Hari Raya festivities. The company has also prioritised halal compliance, securing halal certification for 157 stores — a key factor in building consumer trust.

Operationally, Mixue relies on standardised store systems, digital monitoring tools and regular supervision teams to ensure consistency. Logistics, construction and supply chain management are handled with established partners to support reliable nationwide distribution.

Modern Brands in Traditional Spaces

This Ramadan, Mixue booths have also appeared at selected Bazaar Ramadan locations, adding to the mix of food and beverage options available to visitors. While traditional vendors remain at the heart of the bazaar experience, the presence of established franchise brands reflects the evolving landscape of Malaysia’s informal retail economy. Ultimately, purchasing decisions rest with consumers — many of whom move fluidly between supporting long-time stall operators and choosing familiar branded offerings.

Industry observers note that such coexistence increasingly defines Malaysia’s modern marketplace, where small entrepreneurs and structured franchise systems operate side by side.

Looking ahead, Mixue Malaysia says it plans to deepen engagement with government agencies and industry associations, expand its domestic supply chain and further strengthen local management capabilities.

As Malaysia’s food and beverage sector continues to evolve, Mixue’s growth story suggests that scale and community integration need not be mutually exclusive — particularly when local participation remains central to expansion. – NMH

Also read:
Building Entrepreneurs from the Ground Up — Inside UMEC’s Quiet Transformation

The post Mixue Expands Community Footprint in Malaysia first appeared on NMH.

KUALA LUMPUR: Citaglobal Bhd has proposed to raise up to RM42.09 million via a private placement exercise to fund renewable energy expansion, complete its Gebeng land acquisition and strengthen working capital.

In a filing with Bursa Malaysia, the group said it intends to issue up to 46.77 million new shares — representing 7.05% of its enlarged share capital — to Berjaya Securities Sdn Bhd at a subscription price of 90 sen per share.

The placement price represents a marginal 0.55% discount to the last traded price of 90.5 sen. However, it is priced at a premium to key historical benchmarks, including a 1.16% premium to the five-day volume-weighted average price (VWAP) and a 7.04% premium to the 12-month VWAP.

Citaglobal And Gebeng Land Acquisition

Of the total expected gross proceeds, RM13.5 million will be allocated to the Gebeng land acquisition in Pahang. The sum will reimburse earlier payments and settle the remaining cash portion of the RM90 million acquisition, which was largely satisfied through the issuance of irredeemable convertible preference shares (ICPS).

A further RM18.5 million has been earmarked for expansion and investment in existing businesses, particularly renewable energy initiatives. These include acquiring controlling stakes in hydropower assets, development costs for a 200MW large-scale solar (LSS) project under the LSS PETRA 5+ programme in Kuantan, as well as a bio-compressed natural gas upgrading facility across Pahang, Kelantan and Terengganu.

Another RM8.6 million will be used for working capital, while RM1.49 million will cover expenses related to the private placement.

Berjaya’s Stake

Upon completion, Berjaya Securities is expected to hold an 8.66% stake based on the current issued shares, or 6.59% on a fully diluted basis assuming full conversion of all convertible securities.

As at Sept 30, 2025, Citaglobal has 12.37 million Warrants B, 85.09 million Warrants C, 2.4 million ICPS A and 69.90 million ICPS B outstanding. The proposed exercise is expected to be completed by the second quarter of financial year 2026.

Citaglobal said the private placement enables the group to raise funds expeditiously without incurring interest costs or principal repayment obligations associated with bank borrowings, thereby preserving cash flow.

As at Sept 30, 2025, the group’s outstanding order book stood at RM1.1 billion, while its property segment carries an estimated remaining gross development value of RM449 million.

Looking ahead, the group expects Malaysia’s construction sector to remain stable in 2026, supported by strategic investments and infrastructure rollouts under the 13th Malaysia Plan.

Also read:
Building Entrepreneurs from the Ground Up — Inside UMEC’s Quiet Transformation

The post Citaglobal to Raise RM42mil for Solar, Hydropower and Land Deal first appeared on NMH.

Di sebalik program bimbingan, jaringan perniagaan dan sokongan pembangunan yang disediakan oleh UNITI Madani Entrepreneurship Centre (UMEC), lahir barisan usahawan yang mencerminkan ketahanan, keberanian dan visi luar biasa. Pada Majlis Anugerah Usahawan UMEC 2026 yang lalu, seramai 22 penerima anugerah diraikan — masing-masing mewakili kepelbagaian landskap keusahawanan Malaysia.

Dari Latar B40 ke Inspirasi Negara

Antara kisah paling menyentuh perhatian ialah Ahmad Zulfadzli bin Khamidi, 22 tahun, penerima Anugerah Inspirasi Usahawan Muda. Berasal daripada latar B40 dan mengikuti pendidikan secara homeschool sebagai seorang slow learner, beliau mula membantu ibunya berniaga sejak usia sembilan tahun. Kini, beliau mengendalikan Akademi Pusat Pengujian Amali (PPA) di bawah JPK serta menjadi Training Provider berdaftar HRD Corp — membuktikan bahawa kekangan awal kehidupan bukan penghalang kepada kejayaan.

Kepimpinan Usahawan Wanita yang Mengubah Industri

Penerima Anugerah Inspirasi Usahawan Wanita, Norazlina Abdullah, membawa lebih 26 tahun pengalaman dalam pengurusan sumber manusia dan pembangunan organisasi melalui Bersatu Consulting Group Sdn. Bhd., membantu pelbagai organisasi memperkukuh sistem HR serta pematuhan undang-undang pekerjaan.

Dalam kategori eksport pula, Sharifah Noor Syed Abd Rahman menerima Anugerah Perniagaan Eksport Terbaik, setelah beralih daripada sektor pendidikan dan perkhidmatan awam kepada dunia perniagaan sepenuhnya dan kini menerajui GR Motorsports Sdn. Bhd. serta memegang jawatan pengarah dalam BookOff Corporation Limited.

Inovasi dan Pemacu Industri

Usahawan produk tempatan Faizah Faimix, penerima Anugerah Inovasi Produk Terbaik, berjaya mengembangkan perniagaan dari skala rumah kepada pemilikan kilang sendiri, termasuk menghasilkan produk Muruku Nenas inovatif yang mendapat geran inovasi serta pensijilan Halal JAKIM.

Sementara itu, Rani Wemel, Pengasas Bersama dan COO LTT Global, menerima Anugerah Inovasi Pembelajaran Terbaik atas usaha memperluas pembelajaran digital inklusif ke lebih 60 negara.

Dalam bidang kelestarian, Nurul Huda Mat Nor, Pengasas dan Pengarah Urusan GEES Group, dianugerahkan Anugerah Kelestarian & Tanggungjawab Sosial Terbaik, mencerminkan peranan penting usahawan ESG dalam transformasi korporat masa kini.

Pengalaman Luas, Sumbangan Berterusan

Penerima Anugerah Usahawan Veteran Terbaik, Jaafar Yaacob, membawa lebih dua dekad pengalaman dalam sektor awam dan swasta serta penglibatan aktif dalam gerakan koperasi sejak 1970-an.

Dalam kategori mentor pula, Raja Azmi Raja Nazuddin menerima Anugerah Mentor SME Terbaik, memanfaatkan hampir empat dekad pengalaman tadbir urus korporat untuk membimbing perusahaan kecil dan sederhana melalui Peoplez Corporate Advisory.

Impak Kreatif, Sosial dan Budaya

Kepelbagaian keusahawanan turut terserlah melalui penerima seperti Shaharuddin Thamby (Anugerah Usahawan Seni Terbaik), tokoh hiburan yang berpengalaman luas sebagai pelakon dan penerbit; serta Ayob Abd Majid (Anugerah Usahawan Muzik Terbaik), figura industri muzik serantau lebih tiga dekad.

Dalam bidang sosial, Siti Nur Syakirah dari Kedidi Global menerima Anugerah Perniagaan Sosial Terbaik atas usaha menyediakan kaki palsu kepada golongan amputee daripada kumpulan B40 dan asnaf.

Bidang perubatan holistik pula menyaksikan Ab Aziz Al-Safi Ismail menerima Anugerah Perubatan Holistik Terbaik, setelah berjaya merawat ribuan pesakit penyakit buah pinggang kronik melalui Neo Medicare dan memperoleh pengiktirafan Asia Book of Records.

Cerminan Kekuatan Ekosistem Untuk Usahawan

Daripada pakar halal Muhamad Elyas Harun hingga usahawan kreatif Muazam Tajuddin serta pemimpin digital Mohamed Zulkarnain Mohamed, kepelbagaian penerima anugerah membuktikan bahawa keusahawanan berkembang pesat apabila ekosistem yang menyokong diwujudkan.

Melalui pendekatan bersepadu yang menggabungkan bimbingan, jaringan, akses pembiayaan serta pengiktirafan industri, UMEC memastikan para usahawan tidak berkembang secara bersendirian.

Kisah-kisah ini hanyalah sebahagian daripada rangkaian usahawan yang sedang berkembang dalam ekosistem tersebut — satu petanda jelas bahawa masa depan keusahawanan Malaysia sedang dibentuk oleh individu berdaya tahan yang diberi peluang dalam persekitaran yang tepat. — NMH

The post Usahawan Di Sebalik Impak UMEC – Bahagian 2 first appeared on NMH.

Behind the structured mentoring, networking sessions and business advisory programmes at the UNITI Madani Entrepreneurship Centre (UMEC) are entrepreneurs whose journeys reflect resilience, reinvention and remarkable ambition.

At the recent Majlis Anugerah Usahawan UMEC 2026, 22 award recipients were recognised — each representing a different dimension of Malaysia’s entrepreneurial landscape.

From B40 Roots to National Inspiration

Among the most moving stories was that of Ahmad Zulfadzli bin Khamidi, 22, recipient of the Anugerah Inspirasi Usahawan Muda.

A homeschool student from a B40 background and a self-described slow learner, Ahmad began helping his mother in business at the age of nine while pursuing informal education. Today, he operates Akademi Pusat Pengujian Amali (PPA) under JPK and is a registered HRD Corp Training Provider.

His journey reflects not just entrepreneurship, but transformation — proving that early disadvantage does not determine destiny.

Women Leading With Authority

Dr Norazlina Abdullah, recipient of Anugerah Inspirasi Usahawan Wanita, brings more than 26 years of expertise in Human Resource Management and organisational development. As Founder and Principal Consultant of Bersatu Consulting Group Sdn Bhd, she has strengthened HR compliance systems across multiple organisations, earning both national and international recognition.

Meanwhile, Datin Sharifah Noor Syed Abd Rahman, winner of Anugerah Perniagaan Eksport Terbaik, transitioned from public service into full-time entrepreneurship in 1991. She now chairs GR Motorsports Sdn Bhd and sits on the board of BookOff Corporation Limited — reflecting Malaysia’s growing female leadership in global business.

Innovation and Industry Builders

Innovation took centre stage through entrepreneurs like Faizah, better known as Faimix, who won Anugerah Inovasi Produk Terbaik. What began as a home-based operation has grown into a manufacturing facility producing award-winning Muruku Nenas — backed by innovation grants and full JAKIM Halal certification.

Rani Wemel, entrepreneur and Co-Founder of LTT Global, was recognised with Anugerah Inovasi Pembelajaran Terbaik for advancing inclusive digital learning across more than 60 countries.

In the ESG sphere, Ir Ts. Nurul Huda Mat Nor, Founder and Managing Director of GEES Group, received Anugerah Kelestarian & Tanggungjawab Sosial Terbaik, reinforcing the growing role of sustainability-driven entrepreneurs in Malaysia’s corporate transformation.

Experience Meets Enterprise = Winning Entrepreneurs

Entrepreneurship is not confined to youth. Jaafar Yaacob, honoured with Anugerah Usahawan Veteran Terbaik, brings over two decades of experience across public and private sectors, particularly in urban planning and finance. His longstanding involvement in cooperatives since 1976 underscores the depth of Malaysia’s cooperative-driven economy.

Similarly, Yang Mulia Raja Azmi Raja Nazuddin, recipient of Anugerah Mentor SME Terbaik, channels nearly four decades of corporate governance expertise into guiding SMEs through strategic advisory under Peoplez Corporate Advisory.

Creative, Social and Cultural Impact

Entrepreneurial diversity was further reflected in recipients such as:

• Shaharuddin Thamby (Anugerah Usahawan Seni Terbaik), an established actor and producer in Malaysia’s entertainment industry
• Ayob Abd Majid (Anugerah Usahawan Muzik Terbaik), a music industry veteran with over 30 years of regional experience
• Siti Nur Syakirah of Kedidi Global (Anugerah Perniagaan Sosial Terbaik), supplying prosthetic limbs to B40 and asnaf amputees
• Prof. Dr. Ab Aziz Al-Safi Ismail (Anugerah Perubatan Holistik Terbaik), whose Neo Medicare has treated over 5,000 chronic kidney disease patients and earned recognition in the Asia Book of Records 2024

Together, they demonstrate that entrepreneurship extends far beyond commerce — into healthcare, arts, sustainability, training, halal management, and social upliftment.

A Reflection of Ecosystem Strength

From digital transformation leaders like Mohamed Zulkarnain Mohamed to halal industry specialist Muhamad Elyas Harun, and creative entrepreneur Muazam Tajuddin, the diversity of award recipients underscores a central message:

Entrepreneurship flourishes when ecosystems are structured, inclusive and accessible.

Through UMEC’s model — integrating mentorship, networking, financing access and recognition — entrepreneurs are not left to navigate growth alone.

The stories featured here represent only a fraction of the wider network emerging from UMEC’s platform. Yet collectively, they signal a larger shift: Malaysia’s entrepreneurial future is being built not only by large corporations, but by resilient individuals empowered by the right ecosystem.

And as Part 1 suggested, UMEC’s transformation may be quiet — but its impact is increasingly visible. — NMH

The post The Entrepreneurs Behind UMEC’s Growing Impact (Part 2) first appeared on NMH.

PENANG, 12 Aug – The Penang Signature Gold, Gems & Jewellery (PSG) Fair 2025 is set to dazzle the region from 15–17 August, positioning itself as ASEAN’s largest gold-focused B2B jewellery exhibition. The event, now in its ninth edition, will take place at the Setia SPICE Convention Centre and is expected to attract over 5,000 trade buyers and delegates from across the globe.

Organised by Elite Expo Sdn Bhd and co-organised by the Penang Goldsmith & Jewellers Association (PGJA), the fair will host more than 120 booths from eight countries, including the United Kingdom, Turkey, China, Thailand, India, Singapore, Japan and Malaysia – along with major players from Dubai, Indonesia and Brunei.

“Malaysia used to be among the top three gold exporters in the world, and 80% of its gold manufacturing is based right here in Penang,” said Datuk Johnson Lim, CEO of Elite Expo, at the press conference. “We have exceptional craftsmanship, competitive labour costs, and a tax-free jewellery market – advantages that make Malaysia an ideal international hub for jewellery trade and exchange.”

Lim noted that Malaysia’s multilingual, friendly business environment, combined with its accessibility and rich cultural appeal, gives it an edge over other ASEAN destinations for hosting such an event.

Global Insights and New Platforms

This year’s fair features a packed programme of seminars and networking opportunities, including:

• Market Development Grant (MDG) Seminar by MATRADE (15 Aug) – guiding Malaysian SMEs on tapping financial assistance for export promotion activities.
• Gold Price Forecast & Trend Analysis (16 Aug) – featuring experts from the World Gold Council and Metals Focus, providing high-value market insights.
• Platinum Jewellery: New Era of Demand – with Platinum Guild International exploring fresh trends and markets for the precious metal.
• ASEAN Market Panel – industry leaders from Thailand, Laos and the UAE discussing regional challenges and opportunities.

“Buying research papers from Metals Focus can cost as much as RM100,000, even more, but our participants will get these insights first-hand,” Lim said.

A Regional Showcase, ASEAN’s Pride

PGJA President Datuk Ivan Chee said PSG 2025 will also debut Malaysia’s first dedicated jewellery fashion show, the Penang Jewellery Fashion Week (PJFW), during the association’s 37th gala dinner on 16 August.

“This concept will set a new benchmark in presenting our jewellery craftsmanship – blending haute couture with fine jewellery for industry leaders, buyers and international guests,” Chee added.

For Penang, the event is more than a trade fair – it’s a statement of heritage and capability. “For over a century, Penang has been home to master craftsmen whose skills have been passed down through generations,” Lim said. “Today, our industry is thriving – with gold-related exports in the first quarter of 2025 alone reaching RM 2.34 billion, nearly 10% higher than the same period last year.”

With the ASEAN Summit also taking place in Malaysia this year, the PSG Fair 2025 is poised to shine as a symbol of Penang’s role in the global gold and jewellery trade – one that blends tradition, innovation, and a touch of glamour. – NMH

The post ASEAN’s Largest Gold and Jewellery Fair Planned For Penang, Drawing Global Industry Leaders first appeared on NMH.

KUALA LUMPUR — The I-Nation Global Summit 2024 concluded today with Deputy Minister of Science, Technology and Innovation, Datuk Hj Mohamad Yusof Apdal, expressing optimism about Malaysia’s position as a regional leader in technology and innovation. The three-day event at Nexus Connexion in Bangsar South brought together over 4,500 participants, including global leaders, innovators, and policymakers, under the theme “Collaborate. Innovate. Elevate: Advancing Impactful Innovation Together.”

In his closing remarks, Yusof highlighted the summit’s success in fostering cross-border collaboration and promoting innovation across six key industries: 4IR Technologies, Autonomous Tech, 5G Connectivity, Life Sciences, HealthTech, and Sustainability. “This summit has provided a platform to elevate Malaysia’s position in innovation, ensuring that our nation and Southeast Asia remain competitive in the global market,” he said.

I-Nation A Platform for Progress and Partnerships

Yusof reflected on the significance of the summit, which featured keynote speeches by prominent figures such as AirAsia CEO Tan Sri Tony Fernandes and economist Prof. Dr. Jomo Kwame Sundaram. Key moments included the signing of a Memorandum of Agreement between MRANTI and CyberSecurity Malaysia, and matchmaking sessions connecting technology solution providers with industry seekers.

He underscored Malaysia’s advancements in AI and automation under the National 4IR Policy and praised Johor’s emergence as a major data centre hub in the Asia Pacific. “Johor’s strategic location and access to energy resources have made it a key player in the region, hosting 13 data centres across more than 15 hectares,” he noted.

The deputy minister also emphasised Malaysia’s commitment to food security, citing initiatives such as the National Agro-Food Policy 2.0, which aims to modernise agriculture through technology while reducing import dependency and ensuring fair pricing for consumers.

Key Achievements of the Summit

Among the highlights were discussions on the ASEAN Power Grid and renewable energy goals, aligning with Malaysia’s upcoming ASEAN 2025 Chairmanship under the theme of “Inclusivity and Sustainability.”

Yusof described the summit as a “crucible of connection,” fostering partnerships and collaboration to address pressing global challenges.

Satellite events such as the NTIS Global Sandbox Forum and the Supercharger Finale provided hands-on workshops, product demonstrations, and networking opportunities. “Through meaningful exchanges in sessions and informal settings, the summit has sparked new ideas, inspired partnerships, and deepened friendships,” he added.

A Resounding Call to Action

The I-Nation Global Summit 2024 has proven to be a vital platform for advancing innovation and sustainability in the region. By bringing together global leaders and industry pioneers, the event reinforced Malaysia’s leadership in technology and its role in driving inclusive development within ASEAN.

As the summit concluded, Yusof urged participants to continue driving impactful innovation beyond the event. “Let us carry forward the spirit of Collaborate. Innovate. Elevate. Together, we can create a brighter, more sustainable future—not just for our organisations but for our communities, our nation, and the world,” he said.

The success of I-Nation 2024 sets a strong foundation for Malaysia’s innovation ecosystem as the nation gears up for its ASEAN Chairmanship in 2025, with a focus on advancing impactful solutions for a sustainable future. – NMH

The post As I-Nation Global Summit 2024 Concludes, Malaysia Affirms Leadership in Innovation first appeared on NMH.