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Investment 28 Aug 2020 | 7:00 AM

China’s spending on R&D rises to historic high in 2019

BEIJING: China’s spending on research and development (R&D) hit a record high at 2.23% of its GDP in 2019, up by 0.09 percentage points from the previous year, data from the National Bureau of Statistics (NBS) showed.

Corporate News 10 Aug 2020 | 7:00 AM

MoU signed for collaboration in tech commercialisation services

KUALA LUMPUR: Malaysian Technology Development Corp (MTDC) has signed a memorandum of understanding (MoU) with Petronas Technology Ventures Sdn Bhd (PTVSB) to leverage each other’s capabilities and strength in building an effective ecosystem for the commercialisation of homegrown technologies.