December 12, 2023

We are creating some awesome events for you. Kindly bear with us.

Malaysia and Turkey to boost tech trade

Malaysia and Turkey are targeting RM20.87 billion of annual trade by 2025, as the two nations seek to deepen economic ties in various sectors.

Leaders of the two countries have already engaged in discussions to boost trade in defence, an area which has seen rapid growth for over a decade in Turkey, following the Malaysian Prime Minister’s visit to Ankara earlier in July.

In his recent official visit, the PM stated that Turkey is willing to grant Malaysia access to its defence technology and high-tech capabilities after a visit to the Turkish Aerospace Industries in Ankara.

The Malaysian PM and the Turkish President are expected to meet again on the sidelines of the United Nations General Assembly in New York later this month to discuss potential deals but did not reveal specifics.

When looking at collaboration in any sector, the aim is to create a win-win situation from production of technology to transfer of technology and know-how, creating jobs and moving towards self-reliance and sovereign development.

Malaysia has long sought to boost its defence capabilities, but the cost has been one of the main hindrances. Turkey is one of the world’s biggest exporters of defence equipment and is among only four countries in the world with the capacity to develop fifth-generation fighter jets.

To replace Malaysia’s military equipment, most of which have been in service for over 35 years, the country’s Defence Minister mooted the notion of using palm oil to help pay for new purchases, noting that other means of trade will be determined.

In 2018, the total trade between Malaysia and Turkey stood at US$2.38 billion, driven mainly by Malaysian exports of vegetable oils, aluminium, electrical machinery and rubber to Turkey. To compare, Malaysia’s total trade volume in 2018 was US$455 billion.

In an earlier report by OpenGov Aisa, it was noted that Turkey has expressed its willingness to grant Malaysia access to its defence technology, a privilege rarely accorded to any company or country, according to the Malaysian Prime Minister.

The PM stated that while companies that possessed high-tech capabilities were usually protective of what they have, Turkey was willing to hire Malaysian engineers in various fields.

It was noted that this is an opportunity afforded to the nation that must be made the most of. Turkey will help Malaysia to achieve advancements in the fields of aviation and unmanned aerial vehicle (UAV) technology.

Malaysia seeks to boost its trade with Turkey. However, cooperation in defence is also very important, the PM told reporters on the final day of his official visit to the country.

The Malaysian leader, on his four-day visit, along with the Malaysian Foreign Minister and the Foreign Ministry Secretary-General, spent time reviewing combat and drone helicopter industries at Turkish Aerospace Industries (TAI) in Ankara. The visit was described as meaningful to Malaysia.

Moreover, Turkey has extended its cooperation to the nation in a number of fields. The opportunity to meet Turkish captains of industry has also opened new doors for Malaysia to boost investment.

During his visit, the Malaysian PM attended a number of comprehensive programmes organised by the Turkish government displaying their military capabilities.

It is important to note that Malaysia has adopted a neutral stance in their its military approach and is not obliged to acquire military assets, unlike Turkey which is a member of NATO.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend