Mida launches new funds to drive automation, digitalisation and ESG practices

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Mida launches new funds to drive automation, digitalisation and ESG practices
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South Koreans hoping to taste authentic North Korean cuisine abroad may be out of luck, with Pyongyang-run restaurants across northern China saying they will refuse to serve their capitalist compatriots.

KUALA LUMPUR: The Malaysian Investment Development Authority has launched new funding initiatives aimed at catalysing Malaysia's industrial growth and fostering economic development.

Mida said DIAF and SAG Madani have been strategically designed to offer a variety of tailored solutions that assist in the development of high-value economic activities for local manufacturers and service providers. FIAF is tailored for multinational companies operating in Malaysia to facilitate the seamless transfer of cutting-edge know-how within the high-technology sector through research and development initiatives and comprehensive training activities.

Mida chief executive officer Datuk Wira Arham Abdul Rahman said DIAF, SAG Madani, and FIAF are powerful catalysts propelling the nation towards a sustainable and dynamic industrial ecosystem.

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