Company Profile

Company overview

Website

Malaysian Bioeconomy Development Corporation

Company size

51-100

Primary location

Ground Floor, Menara Z10, 1, Jalan Alamanda 2, Presint 1, 62000 Putrajaya, Wilayah Persekutuan Putrajaya

Malaysian Bioeconomy Development Corporation Sdn Bhd (Bioeconomy Corporation) is the leading economic development agency for the biotechnology and bio-based industries in Malaysia. Established in 2005, Bioeconomy Corporation is owned by the Minister of Finance Incorporated and Federal Lands Commissioner and is under the purview of the Ministry of Science, Technology & Innovation (MOSTI).Bioeconomy Corporation provides support, facilitation, and advisory services to nurture an enabling ecosystem of business, academic, and scientific communities that drives the biotechnology and bio-based industries in Malaysia. These cover business, investment, R&D, human capital development, financial infrastructure, legal and regulatory framework, and strategic development with government support and commitment.Through Bioeconomy Corporation, the Government awards the BioNexus Status to qualified international and Malaysian companies undertaking value-added biotechnology, bio-based, or life science activities. The special status bestows the companies with fiscal incentives, facilitation, and other guarantees to assist their growth.For further details, visit www.bioeconomycorporation.my

Reviews overview

3.616 ratings in total

5

4

3

4

2

1

2

57%

Rate salary as high or average

75%

Employees recommend this employer to friends

What’s it like working at Malaysian Bioeconomy Development Corporation?

AI summary of recent reviews

Employees at Malaysian Bioeconomy Development Corporation appreciate the work-life balance offered, with flexible working hours and the ability to adjust schedules. The company provides opportunities for learning and development, allowing employees to gain new skills and knowledge. Additionally, the benefits offered, such as EPF contributions and medical insurance coverage, are excellent. The work environment is described as great, with good colleagues and superiors.

However, there are some potential challenges, such as limited opportunities for career progression within the company. There are also potential issues with management, such as changing priorities and restructuring, which can be challenging for employees. The workload can be high at times, with tight deadlines and expectations. Additionally, there are limited resources available in some areas, which can make it challenging for employees to complete their tasks effectively.

Recent reviews

5.0

HEAD ICT

Dec 2022

11 to 12 years in the role, current employee

Great colleagues who is willing to go to the extra mile to help one another.

The good thingsA Family culture base centric

The challengesTo deal with ridiculous request

2.0

Executive

May 2022

Putrajaya7 to 8 years in the role, former employee

0 career progression 0 development

The good thingsGood work life balance and SOME bosses are understanding.

The challengesLack of staff development and career progression. Management is lackluster and with barely any benefits.

1.0

Executive

Sep 2020

5 to 6 years in the role, former employee

No reward or staff appreciation

The good thingsWork life balance. Many allowances and medical benefit provided. Provide opportunity to learn and explore new skill & knowledge as you will be working with many other government agencies.

The challengesNo increment, bonuses and promotion for staff even the KPI is achieved. Too many hassle within top management. No career development since no promotion offer. High staff turn over, but the top management decided to freeze new intake, thus many workloads to handle...

Ratings for Malaysian Bioeconomy Development Corporation are shared as-is from employees in line with our community guidelines

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