🇲🇾🎉Excited to be at KL20 Summit 2024 at KL Convention Centre! 🎉🇲🇾 📣The tagline for today’s event is IT STARTS HERE 🏁 ⚡️This definitely feels like an appropriate headline for such an energized event, highlighting the current growth prospects of the digital ecosystem here in Malaysia. Being such a high-profile event, the opening address was led by Anwar Ibrahim, the PM of Malaysia, who set the scene magnificently by outlining a host of economic targets to position this location as an industry pioneer. One other notable theme is the extent to which Digital at a software level is sharing a narrative with the semiconductor sector. This, makes complete sense and it’s exciting to see Malaysia addressing its Technology growth prospects with these 2 key pillars aligned, linking the economic trajectories of both #penang and #selangor. 🌍💡 This sentiment of ambition was brilliantly showcased by Dato K.S. Pua, founder of semiconductor firm 群聯電子 PHISON Electronics shown in the picture, who having left Malaysia to launch his business in Taiwan, is now investing heavily back in Malaysia through the launch of the storage hardware brand MaiStorage. 💼💰 The objectives spelt out today reflect the economic outlook shared by Tengku Zafrul Aziz, Minister of Investment, Trade & Industry last week: ↗️Malaysia's GDP growth is expected to reach 5% in 2024, surpassing ASEAN average, driven by semiconductor demand, US consumer spending, and growing interest in travel and services. ↗️The semiconductor industry's global recovery is set to fuel Malaysia's growth, supported by strategic investments like the "China Plus One" initiative. ↗️Initiatives such as the New Industrial Master Plan (NIMP) 2030 aim to strengthen Malaysia's competitiveness, potentially leading to high-income status by 2030. Clearly, here at Kinetik Hiring, we are excited to hear about the impact on job market prospects for both Malaysians and expat expert talent to service growing needs in the region! 🌏💼 If you are here on 22nd or 23rd April and open to a quick catch up, please feel free to reach out to either myself or Stella Hui ☕️ #kinetik #letsgokinetik #digital #semiconductor #jobs #malaysia
Sam Baxendale’s Post
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NEWS ASIA The Allure of Singapore for High-Tech Manufacturing Singapore has solidified its status as a premier global hub for high-tech manufacturing, drawing top multinational corporations with its strategic location, world-class infrastructure, and business-friendly policies. The city-state's efficient business setup process, competitive tax regime, and minimal capital requirements make it an attractive base for regional operations. Singapore's comprehensive free trade agreements and robust intellectual property protections further enhance its appeal. Key sectors like electronics, biomedical sciences, and precision engineering thrive here, bolstered by Industry 4.0 advancements such as automation and AI. With a skilled workforce and significant incentives like the Enterprise Development Grant and Progressive Wage Credit Scheme, Singapore continues to attract investments and drive innovation in Southeast Asia’s burgeoning economy.
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What Good Looks Like in Government Efforts to Crowd In Investment in Critical Technologies. Malaysia. Not without its own set of challenges and historic missteps, Malaysia is already the world’s sixth largest semiconductor exporter, and set to benefit from two mega-trends - AI and Localisation / Deglobalisation (from the obvious geo-politics). Before our Australia eyes get dismissive: Malaysia is in top 30 Countries in the world for economic complexity, many, many, many rungs above Australia. I suspect there’d be a benefit to those with Australian purse strings and policy pens in understanding Malaysia better and especially their new approach to public investment for critical technologies. I recently took part in a tour of Penang and the various chip manufacturers located there. I was there for 2 days and barely scratched the surface - there is so much to see. It’s like Shenzhen and Macau in the early 2000s in terms of the scale of build out. I was privileged to present to a wonderful session with 50 representatives from Malaysia's sovereign wealth funds, Petronas, and other corporates. These people had been coaching around the region for 3 days. Factory by factory, plant by plant, CEO by CEO, listening and learning. No photo ops for Ministers in white coats, either. I was a small part of their last session. I was expecting to receive tired eyes and lots of heads down in personal phone screens. Nope. Amazing listening and genuine care and attention. They are genuinely trying to solve issues for their Nation: how can we marshal our public capital and corporate resources to assist the exisiting players get up the value chain. Chip Manufacturing doesn’t seem to get much attention in DFAT’s Australia’s Southeast Asia Economic Strategy to 2040. Perhaps we need to understand better the value chain for the AI mega trend, at least to the extent our neighbours seem willing and engaged to do. #australianinnovation #sovereigncapability #modernmanufacturing #sovereign #advancedmanufacturing #chips #venturecapital #deeptech
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Check out Michelle's exciting insights on the latest trends in tech from the Advanced Innovation & Manufacturing Asia Week conference!
On September 3rd and 4th, Horizontal Talent Malaysia Country Director Michelle Teoh attended the Advanced Innovation and Manufacturing Asia Week event in Penang, Malaysia! AIM Asia Week is a conference centered around how industries like med tech, green tech, electronics and more can move towards Industry 5.0., the next fundamental paradigm shift after Industry 4.0. Read her top 6 conference takeaways today: https://bit.ly/3XE5umP #hztl #aimasiaweek #advancedinnovationandmanufactoring #malaysia
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Check out Michelle's exciting insights on the latest trends in tech from the Advanced Innovation & Manufacturing Asia Week conference!
On September 3rd and 4th, Horizontal Talent Malaysia Country Director Michelle Teoh attended the Advanced Innovation and Manufacturing Asia Week event in Penang, Malaysia! AIM Asia Week is a conference centered around how industries like med tech, green tech, electronics and more can move towards Industry 5.0., the next fundamental paradigm shift after Industry 4.0. Read her top 6 conference takeaways today: https://bit.ly/3XE5umP #hztl #aimasiaweek #advancedinnovationandmanufactoring #malaysia
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Senior Human Resources Professional | Certified Naukri Maestro Recruiter |20K+ Followers | Ex-Collabera | Ex-Matrix | Blaze Winner 2021 🏆
Check out Michelle's exciting insights on the latest trends in tech from the Advanced Innovation & Manufacturing Asia Week conference!
On September 3rd and 4th, Horizontal Talent Malaysia Country Director Michelle Teoh attended the Advanced Innovation and Manufacturing Asia Week event in Penang, Malaysia! AIM Asia Week is a conference centered around how industries like med tech, green tech, electronics and more can move towards Industry 5.0., the next fundamental paradigm shift after Industry 4.0. Read her top 6 conference takeaways today: https://bit.ly/3XE5umP #hztl #aimasiaweek #advancedinnovationandmanufactoring #malaysia
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Tech Recruitment Specialist | Hiring DevOps Engineer, Mobile Developer and many more!
Check out Michelle's exciting insights on the latest trends in tech from the Advanced Innovation & Manufacturing Asia Week conference!
On September 3rd and 4th, Horizontal Talent Malaysia Country Director Michelle Teoh attended the Advanced Innovation and Manufacturing Asia Week event in Penang, Malaysia! AIM Asia Week is a conference centered around how industries like med tech, green tech, electronics and more can move towards Industry 5.0., the next fundamental paradigm shift after Industry 4.0. Read her top 6 conference takeaways today: https://bit.ly/3XE5umP #hztl #aimasiaweek #advancedinnovationandmanufactoring #malaysia
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Innovation Manager, Institute of Bioengineering. Technology Transfer Professional for Biotechnology and Pharmaceuticals. University of Tartu. (looglab.com)
The 🇸🇬 Singapore Economic Development Board is fully justifying its title. From Ms. Poh, Managing Director, a splendid view. My dream is that one day 🇪🇪 Enterprise Estonia, or EASi ja KredExi ühendasutus, will release a similar keynote on how Estonia can partner with high-value added businesses in their advanced manufacturing journey in Europe.
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As a small and open economy, Singapore must be nimble and responsive to developments in the global economy. Happy to share during my speech at the Ministry of Trade and Industry’s (MTI) Committee of Supply debate that we will double down on efforts to support R&D investments, particularly in deep tech R&D for critical and novel technologies. This is to help companies harness technological changes and bring new ideas to the market. We will create new R&D translation platforms and provide additional resourcing to catalyse our Semiconductor, Biomedical Science, MedTech and Robotics sectors. These will contribute to the development of a vibrant and robust ecosystem where researchers and companies can come together to create commercially impactful outcomes. These will also support the Research, Innovation and Enterprise (RIE) 2025 vision for Singapore to be an innovation-driven economy. Watch the excerpt of my speech👇🏻. More details on MTI's COS: www.go.gov.sg/MTICOS2024 Ministry of Trade and Industry (Singapore) A*STAR - Agency for Science, Technology and Research
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Igniting the spark of #innovation in Singapore's semiconductor industry. 💡🔬 This year's Budget unfolds a promising narrative for businesses. With a vision geared towards a robust, inventive, and thriving economy, #Singapore is stepping up its game on the global stage. The National Semiconductor Translation and Innovation Centre (NSTIC) is a national initiative led by A*STAR - Agency for Science, Technology and Research, in partnership with Nanyang Technological University Singapore (NTU), National University of Singapore, and Singapore University of Technology and Design (SUTD). It is poised to transform the landscape of #semiconductor technology. With a focus on flat optics and silicon photonics, NSTIC promises enhanced performance and functionality for electronic devices, from smartphones to computers. 📱💻 First, by providing access to cutting-edge infrastructure and expertise, NSTIC empowers companies to accelerate their R&D efforts. Next, from prototyping to small-volume #manufacturing, NSTIC opens doors to faster innovation and market-ready products. 👇🏻 Click here for more details on Ministry of Trade and Industry (Singapore)'s COS debate 2024: https://lnkd.in/gcrUCnhD Ready to embrace the future of semiconductor #technology? Book a complimentary 1-to-1 business advisory session here: https://lnkd.in/g_5tassX and let SME Centre@SMF (Singapore Manufacturing Federation) guide you in leveraging government initiatives and unlocking the full potential of your #SME. 🪽 #smes #smallbusiness #smesupport #support #businessgrowth #sgbusiness #businessadvisory #consulting #businessstrategy #sustainablebusiness #transformation #researchanddevelopment #RandD #sustainablemanufacturing #techinnovation #productprototyping #productivity
As a small and open economy, Singapore must be nimble and responsive to developments in the global economy. Happy to share during my speech at the Ministry of Trade and Industry’s (MTI) Committee of Supply debate that we will double down on efforts to support R&D investments, particularly in deep tech R&D for critical and novel technologies. This is to help companies harness technological changes and bring new ideas to the market. We will create new R&D translation platforms and provide additional resourcing to catalyse our Semiconductor, Biomedical Science, MedTech and Robotics sectors. These will contribute to the development of a vibrant and robust ecosystem where researchers and companies can come together to create commercially impactful outcomes. These will also support the Research, Innovation and Enterprise (RIE) 2025 vision for Singapore to be an innovation-driven economy. Watch the excerpt of my speech👇🏻. More details on MTI's COS: www.go.gov.sg/MTICOS2024 Ministry of Trade and Industry (Singapore) A*STAR - Agency for Science, Technology and Research
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What if we looked beyond the success stories of US businesses in Singapore and explored the untapped potential for growth and innovation? While Corning Incorporated, Gradiant, Google, and Procter & Gamble have thrived, what new frontiers could emerge with a fresh perspective? How can we ensure that the next chapter of collaboration between Singapore and the US leads to even greater advancements and opportunities for all stakeholders?
Corning Incorporated, Gradiant, Google and Procter & Gamble are among the nearly 6,000 #US businesses pursuing #innovation and growth across Asia, from #Singapore. Singapore’s highly-skilled talent pool, regional connectivity and innovation ecosystem spurred Corning to set up its regional headquarters here, says General Manager for Southeast Asia Adrian Chan. For US water treatment company Gradiant which also has its APAC headquarters here, Singapore’s commitment to research and innovation was a key factor, says President Govind Alagappan. US enterprises have also focused on talent development - providing team members with professional growth opportunities and facilitating knowledge transfer in cutting-edge technologies. This has allowed young Singaporean professionals such as Procter & Gamble research specialist Melvin Chia and Google program manager Koh R. to upgrade their skills and build long-term careers. As we close off the year that marks the 20th anniversary of the Singapore-US Free Trade Agreement, learn more about the US companies anchored in Singapore and the work that Singaporeans do in these MNCs. Read the full story now.
Singapore-United States Economic Ties: A 20-Year Success Story
edb.gov.sg
Country Manager & Regional Sales Director
6momissed meeting you at the event Sam!