Interview with Pye Sen Tan, CEO, Herbal Science
Herbal Science started in 1985 as team of two pharmacists and now represents a large 200-person operation. What have been the main challenges for the company in this transformation and…
Address: Aras 1-7, Blok C4 & C5, Kompleks C, Pusat Pentadbiran Kerajaan Persekutuan, 62662 Putrajaya, Wilayah Persekutuan,Malaysia
Tel: 8885 8000
The Ministry of Technology, Research and Innovation (MOSTI) is the Malaysian ministry in charge of research, telecommunication and information technology. The current minister is Datuk Dr. Maximus Ongkili.
MOSTI was first established in 1973 as the Ministry of Technology, Research and Local Government. Additional responsibility as the lead agency pertaining to environmental matters, the ministry then assumed its name Ministry of Science, Technology and Environment (MOSTE) in 1976. The formation of MOSTI came after the restructuring of MOSTE following the Cabinet decision on March 27, 2004.
In February 2007 were introduced a cluster approach (Biotechnology, ICT, Industry, Sea to Space and S&T Services). The National Innovation Model 2007 was introduced as well.
The objectives of the ministry are to move the economy up the value chain and raise the country’s capacity for knowledge, creativity and innovation and nurture first class mentality, which implies:
Increase productivity and competitiveness in agriculture, manufacturing and services sectors
Generate new sources of wealth in technology and knowledge-intensive sectors
Knowledge and innovation will be key determinants of Malaysia’s success as a KBE
Enhance innovation system that encourages top quality R&D and its commercialisation
MOSTI controls and supervises a number of institutions that are responsible in providing technical services to the government and the public. Besides divisions and agencies of the federal government, MOSTI also supervises companies set up by the government or through incorporation of a government body:
MIMOS Bhd (MIMOS)
Multimedia Development Corporation (MDeC)
SIRIM Bhd (SIRIM)
Technology Park Malaysia Corporation Sdn Bhd (TPM)
Malaysia Biotechnology Corporation (MBC)
Astronautic Technology Sdn Bhd (ATSB)
National ICT Security and Emergency Response Centre (NISER)
Malaysia Network Information Centre (MYNIC)
Malaysian Technology Development Corporation (MTDC)
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