Internet restrictions in Russia hurt small businesses
Small businesses across Russia are increasingly feeling the impact of tighter internet restrictions, including ...
Malaysian Prime Minister Anwar Ibrahim has pledged to fortify the country's semiconductor sector by diversifying partnerships, building local expertise, and deepening ASEAN cooperation.
Malaysia will prioritise resilience in its semiconductor sector by working with trusted partners and strengthening domestic capabilities to guard against global supply chain disruptions and geopolitical tensions, Prime Minister Anwar Ibrahim said on Thursday.
Speaking at the ASEAN Semiconductor Summit 2025, Anwar stressed that the region’s stability and development hinge on collaboration, especially as technology supply chains face increasing uncertainty.
"True supply chain resilience means eliminating weak links, either by producing what we need effectively or securing reliable partnerships to access what lies beyond our domestic capabilities," Anwar said. "In these volatile times, diversifying our options is not just wise, it is essential."
He outlined a shift from a foreign direct investment-first model towards fostering local champions within Malaysia’s well-established semiconductor ecosystem. However, he clarified that this would not deter foreign investors, but rather aim to attract long-term partners committed to knowledge transfer and supply chain strengthening.
"We want long-term collaborators who grow with us, and we will continue to welcome partners who strengthen our supply chains, transfer their knowledge and technologies," Anwar said.
To support this transformation, Malaysia is expanding its pool of skilled engineers to overcome labour shortages in the sector. The country is also contributing to a broader ASEAN-wide strategy that emphasises shared development rather than individual national efforts.
"Malaysia must build on its local strengths to serve a larger regional and global purpose. By strengthening our domestic ecosystem, we are also helping to raise ASEAN's industrial capacity," Anwar said.
The remarks come amid a global race to secure semiconductor supply chains following disruptions caused by the pandemic and intensified competition between major powers. Malaysia is already a key player in the global chip supply chain, accounting for an estimated 13% of global chip testing and packaging capacity, according to data from the Malaysia Semiconductor Industry Association (MSIA).
Anwar’s speech underlines the country's ambition to evolve from a manufacturing hub into a regional innovation leader, while aligning with ASEAN's broader digital and industrial goals.
Bulgaria has won the Eurovision Song Contest for the first time, taking victory in a final overshadowed by a boycott over Israel’s participation and the war in Gaza.
At least eight people were injured after a driver rammed a car into pedestrians in the northern Italian city of Modena, authorities said on Saturday. Four of the victims were reported to be in serious condition.
U.S. President Donald Trump said Washington could destroy Iran’s infrastructure “in two days,” while Tehran warned the U.S. would face growing economic costs from the conflict. The remarks came as Hezbollah reported new attacks on Israeli forces despite an extended Lebanon ceasefire.
At least eight people have died and 32 others were injured after a freight train collided with a public bus at a railway crossing in Bangkok on Saturday (16 May), triggering a fire that quickly spread through the vehicle.
U.S. President Donald Trump says China's Xi Jinping agreed Iran must reopen the Strait of Hormuz, as Tehran prepares a new shipping mechanism. Tensions over the U.S. blockade and stalled nuclear talks continue to disrupt global oil supplies.
Small businesses across Russia are increasingly feeling the impact of tighter internet restrictions, including limits on the messaging app Telegram, stricter controls on virtual private networks, and repeated mobile internet outages.
Taiwan’s President Lai Ching-te has reaffirmed the island’s commitment to sovereignty and regional stability following the recent meeting between U.S. President Donald Trump and Chinese leader Xi Jinping.
At least four people have been killed in a major Ukrainian drone attack on Russian territory, including the Moscow region, which authorities say faced its largest aerial assault in more than a year.
China has launched the world’s first experiment to study how artificial human embryos develop in space, marking a major step in understanding whether humans could one day reproduce beyond Earth.
Every day, an elderly woman in China’s Shandong province looks forward to a video call from her son. He asks about her health, tells her he has been busy with work, and promises he will come home once he has saved enough money. She tells him she misses him. He tells her to take care of herself.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment