Industry News


18 September 2017 - Globetronics plans to ramp up capacity
  1. More Tech company refutes suggestions its products are not in demand
18 September 2017 - Better late than never
  1. More Snack food manufacturer Miaow Miaow looks to accelerate growth as it catches up with peers
18 September 2017 - The changing landscape of manufacturing sector
  1. More 11MP strategies will chart new direction to produce high-value, diverse products
16 September 2017 - IOI Corp and Bunge in win-win deal
  1. More IOI to reduce debts while it’s a game changer for Bunge in edible oils
16 September 2017 - Inelastic demand for rubber gloves
  1. More Analysts say rising costs and weaker US dollar unlikely to affect big players
15 September 2017 - Steel on the uptrend
  1. More Stocks resume climb on China’s move to cut output and clamp down on illegal mills
14 September 2017 - Hartalega’s new complex on track
  1. More Maintain hold with an unchanged target price of RM7.04: Last week we had the privilege to visit Hartalega’s Next Generation Integrated Glove Manufacturing Complex (NGC) in Sepang
13 September 2017 - RM3.9bil deal for IOI
  1. More Plantation firm selling 70% in IOI Loders to US-based Bunge
13 September 2017 - Higher rubber glove prices likely
  1. More Cost of raw material has risen due to after effect of Hurricane Irma
12 September 2017 - Factory output up more than expected in July
  1. More IPI gets strong boost from shipments of E&E products
12 September 2017 - Industrial output surges 6.1pc in July
  1. More Malaysia's industrial output surged 6.1 per cent in July as all three major sub-sectors - manufacturing, mining and electricity - posted positive growth
11 September 2017 - Malaysia on target to become regional hub
  1. More MPRC has strategies to elevate local players, attract more multinationals
11 September 2017 - NTPM expanding tissue paper plants
  1. More Move will raise output to 170,000 tonnes per year
06 September 2017 - MDV to finance ops of more than 300 firms
  1. More Malaysia Debt Ventures Bhd (MDV) aims to finance the operations of more than 300 companies over the next 20 years via potential disbursements amounting to RM4 billion, raised through its newly-launched third fund of RM1 billion
06 September 2017 - HLIB: New vehicle sales expected to rise in H2
  1. More There is a growing optimism that automotive market sentiment will gradually improve with more new vehicles expected to be launched
05 September 2017 - Value-added services give local firms an edge
  1. More Value-added services, such as 3D printing, are a way for Malaysian manufacturers to stand out from competition, according to a 2017 UPS Industrial Buying Dynamics survey
04 September 2017 - Brooke Dockyard triples fabrication capacity
  1. More Brooke Dockyard and Engineering Works Corp has tripled its fabrication capacity for offshore modules in the oil and gas (O&G) industry with the development of a second fabrication yard
30 August 2017 - UMW Holdings plans JVco with Japanese MNC Komatsu
  1. More UMW Holdings Bhd today entered into a Letter of Intent (LoI) with Komatsu Ltd, to establish a joint venture company (JVco) for the heavy equipment business in UMW Holdings
29 August 2017 - Dominant plans new plant
  1. More Dominant Enterprise Bhd has allocated RM23.8mil in capital expenditure (capex) for the next three years to build a plant in Dengkil, Selangor, to further increase its production capacity.
28 August 2017 - Weida sets aside RM10mil for capex
  1. More Weida (M) Bhd will invest some RM10mil to upgrade its manufacturing plants that produce high-density polyethylene engineering products, which are enjoying strong demand nationwide
28 August 2017 - BHIC targets more jobs from navy
  1. More Company preparing to bid for multi-role support ship projects, too
28 August 2017 - China investors still bullish on Malaysian real estate
  1. More Companies consider the country a promising destination
27 August 2017 - Hengyuan invests RM580mil in new refinery complex for Euro 4M gasoline production
  1. More Hengyuan Refining Company Bhd, formerly known as Shell Refining Company (Federation of Malaya) Bhd, is commencing construction work of a new complex at its Port Dickson refinery for the production of Euro4M grade motor gasoline
24 August 2017 - Signs of manufacturing boom
  1. More Factory owners see higher output in H2 on strong exports
24 August 2017 - Malaysia targets RM50b halal exports
  1. More Local products must be high-end in terms of quality, packaging, branding and marketing strategy, says DPM
23 August 2017 - Hartalega to build three more plants
  1. More World’s biggest nitrile glove producer to spend up to RM300mil over next three years
23 August 2017 - Hartalega to invest RM400m each in remaining 3 NCG plants
  1. More Hartalega Holdings Bhd will spend between RM300 million and RM400 million each on the remaining three plants as its the Next Generation Integrated Glove Manufacturing Complex (NGC) in Sepang over the next three years
22 August 2017 - Luxchem Corp sets RM15mil for capex
  1. More Luxchem Corp Bhd, an industrial chemical and related products manufacturer, has allocated between RM10 and RM15mil for capital expenditure (capex) for financial year 2018
22 August 2017 - Global chip sales to reach US$397 billion in 2017, says WSTS
  1. More ​Global chip sales for 2017 is expected to reach US$397 billion, which would top the record of US$339 billion set last year, according to the World Semiconductor Trade Statistics (WSTS)
22 August 2017 - Over 10 deals signed since June
  1. More Malaysia exceeds US288.7m target for trade and investment initiatives
21 August 2017 - RM1.3bil order book to keep KKB busy until 2020
  1. More Group awaits outcome for engineering and manufacturing bids
21 August 2017 - KUB may monetise property assets to help expansion
  1. More KUB Malaysia Bhd is considering plans to monetise its property assets as the group seeks to raise RM70mil to pay for expansion of its core businesses
21 August 2017 - Johor eyes Xinjiang halal food firms
  1. More Johor wants to attract China’s Xinjiang-based halal food manufacturers to choose the state as their platform to enter the Asean market
21 August 2017 - SLP sees bigger orders
  1. More Packaging product maker to gain from stable resin prices
17 August 2017 - Press Metal earnings soar on higher output and prices
  1. More Additional output by Samalaju phase 2 plant helps boost revenue
17 August 2017 - Geely’s record profits spur optimism for Proton
  1. More Industry observer says Boyue SUV will be a popular model in Malaysia
17 August 2017 - Miaow Miaow targets US, Europe markets for global expansion
  1. More Miaow Miaow Food Products Sdn Bhd, one of Malaysia's leading snack food manufacturers, is eyeing the United States and Europe for the next step in its business growth strategy
15 August 2017 - Plan targets to make Malaysia marketing hub for EVs by 2030
  1. More Malaysia expected to become the marketing hub for electric vehicles (EVs) by 2030, which is the country's main target under the National Electric Mobility Blueprint (EMB)
14 August 2017 - Manufacturing slowdown unlikely to soften 2017 GDP growth
  1. More Despite beating consensus estimates by 1%, June’s Industrial Production Index (IPI) growth of 4% marked a decline from 4.6% in May due to a slowdown in manufacturing activities and export growth
14 August 2017 - Fonterra: More room for growth
  1. More Market presents opportunity for increased dairy consumption, says chief operating officer
14 August 2017 - Thong Guan to increase capital expenditure by a third
  1. More Production capacity to reach 150,000 tonnes per annum next year
14 August 2017 - MMS bullish on outlook
  1. More Group gets strong orders for semiconductor test equipment
12 August 2017 - Malaysia set for record year in rubber glove exports
  1. More Malaysia’s exports of rubber gloves in the first half of 2017 increased 25% to RM7.95bil compared to RM5.28bil in the same period last year, Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said
11 August 2017 - Trive Property to look into manufacturing solar panel products
  1. More Green energy storage solutions provider Trive Property Group Bhd is looking to start manufacturing solar panel products, from only trading solar products
11 August 2017 - SCGM allocates RM133m for expansion plans
  1. More Thermoform food packaging manufacturer SCGM Bhd has allocated RM133 million in capital expenditure costs to build two new factories as part of its expansion plan
11 August 2017 - SCGM to invest in new factory
  1. More Thermoform food packaging maker SCGM BHd plans to invest up to RM133 million in capital expenditure
11 August 2017 - Factory output rises by 4pc
  1. More Surprise figures led by manufacturing sector points improved economic outlook for second quarter
11 August 2017 - PetChem Q2 profit soars on fertiliser expansion
  1. More Earnings more than double to RM964mil after plant begins production
10 August 2017 - Daibochi sees better performance in second half
  1. More Daibochi Plastic and Packaging Industry Bhd, which yesterday reported a 14% dip in first half-year net profit, expects a better performance in the second half as it banks on its newly-operational first overseas plant in Yangon, Myanmar
10 August 2017 - Scientex buys 26.4ha in Rawang for RM85.4m
  1. More Global packaging manufacturer and leading property developer Scientex Bhd marked its entry into the Klang Valley property market with the acquisition of a 26.4ha freehold site in Rawang for RM85.4 million
10 August 2017 - Malaysia's unique story
  1. More Industry 4.0 has paved the way for a sharing economy
10 August 2017 - Scientex to buy freehold land in Rawang for RM85mil
  1. More Scientex Bhd's subsidiary, Scientex Park (M) Sdn Bhd, has entered into a sale and purchase agreement with Medius Developments Sdn Bhd to acquire 26.44 hectares (ha) of freehold land in Rawang, Selangor, for RM85.4mil
09 August 2017 - Infineon invests RM240mil to expand Melaka plant
  1. More German semiconductor giant Infineon Technologies AG has invested a further RM240mil to expand its plant in Batu Berendam, Melaka
09 August 2017 - Berjaya Assets in talks to manufacture and assemble car
  1. More Berjaya Assets Bhd (BAssets) is currently in talks with an Asian automotive brand to manufacture and assemble its cars under BAsset’s unit Oriental Assemblers Sdn Bhd
09 August 2017 - VSolar in JV deal to build 10MW biogas energy plant
  1. More VSolar Group Bhd announced today that it will be jointly developing a 10MW biomass/biogas energy generation plant with a Singapore firm and a local citizen
08 August 2017 - New halal frontier products
  1. More The halal pharmaceuticals industry can leverage Malaysia's status as a leading global halal hub
07 August 2017 - Bright prospects for medical device sector, but more talent needed
  1. More As the largest medical device market in Asean, Malaysia continues to evolve as a hub for medical device manufacturing, with over 250 companies in the industry thus far. Yet while the industry thrives, a shortage of skilled labour poses a growing problem.
07 August 2017 - Lower construction budget will not affect paint industry
  1. More Nippon Paint Co Ltd's Malaysian arm said any reduction in construction budget for development projects will not impact local paint industry significantly
05 August 2017 - RM2.6b Johor investment
  1. More Country Garden's Industrial Building System factory set to be world largest
03 August 2017 - Medical device exports seen rising 12%
  1. More The Association of Malaysian Medical Industries (Ammi) forecast that Malaysia’s medical device exports will rise 12% this year to RM17.74 billion, from RM15.84 billion last year
03 August 2017 - Consortium grabs RM1.56b major Prasarana job
  1. More CRRC, Siemens and Tegap Dinamik will design, supply and commission 42 6-car LRVs
02 August 2017 - Malaysia’s medical device exports to increase to RM17.74b this year, says association
  1. More Malaysia’s medical device exports is expected to increase by 12% this year to RM17.74 billion, from RM15.84 billion last year, according to the Association of Malaysian Medical Industries (AMMI).
01 August 2017 - First Proton with Geely tech to roll out by 2019
  1. More A new manufacturing plant in Tanjung Malim will be ready in five years’ time, but the first Proton car made with Geely’s technology will roll out by the end of next year
01 August 2017 - Malaysia, Singapore to ink rail deal by December
  1. More Link between Johor and republic expected to begin operations in 2024, says Rahman
31 July 2017 - Geely-Proton targets making 280,000 cars for China and SEA markets
  1. More The government has targeted the production of about 280,000 car units for the China and South-East Asian markets from the strategic partnership between Zhejiang Geely Holdings Group and Proton Holdings Bhd.
31 July 2017 - Government sets 280,000-car target from Proton-Geely venture
  1. More The government has set a target to produce about 280,000 units of cars for the China and Southeast Asian markets from the strategic partnership between Zhejiang Geely Holdings Group and Proton Holdings Bhd (Proton)
29 July 2017 - MMC trains sights on HSR
  1. More Company partners with Japanese consortium as it eyes plum jobs from the mega rail project
28 July 2017 - Thai firm buys stake in LNG plant
  1. More PTT Global venture acquires 10pc stake in MLNG Train 9 for US$500m
28 July 2017 - Tapping RM2b Johor water deals
  1. More Beijing Enterprises Water Group unit to study details before submitting proposal
27 July 2017 - Mieco buys SYF Resources’ chipboard maker to expand capacity
  1. More Mieco Chipboard Bhd is forking out RM58.58 million to take over SYF Resources Bhd’s chipboard and medium-density fibreboard maker Great Platform Sdn Bhd to expand its production capacity.
27 July 2017 - Top Glove allocates RM75m for condom plant
  1. More Top Glove Corp Bhd is diversifying into the condom business with an initial capital expenditure of RM75 million for its plant in Klang
26 July 2017 - Linde to expand production capacity
  1. More New facility will form cornerstone of renewed and expanding oxygen supply scheme, says company
24 July 2017 - Tanjung Malim to get boost from Geely's Proton deal
  1. More Tanjung Malim is set to become Malaysia's next boom town, thanks to the recent acquisition of virtually half of Proton's equity by China's Zhejiang Geely Holding Group.
22 July 2017 - Continuous investments show Finisar's confidence in Malaysia
  1. More Finisar's continuous investment in Malaysia shows that the company is confident of the country's capability.
21 July 2017 - Positive construction outlook
  1. More Maybank IB sees more jobs from the second half to next year
20 July 2017 - US boarding school to open in Forest City
  1. More Private American boarding school Shattuck-St Mary’s, located within the Forest City development, will open its doors to students starting August next year.
19 July 2017 - Petronas, PTT plan natural gas JV
  1. More Malaysia's Petroliam Nasional Bhd (Petronas) and Thailand's PTT Plc have proposed to jointly develop a natural gas liquefaction facility in Malaysia to grow PTT's midstream operations, Bangkok Post reported today.
18 July 2017 - DRB-Hicom unit launches paint shop in Pekan
  1. More DRB-Hicom Bhd, through wholly owned subsidiary Hicom Automotive Manufacturers (M) Sdn Bhd, has launched an RM230mil high-tech paint shop in Pekan, Pahang.
18 July 2017 - DRB-HICOM unveils new paint shop
  1. More RM230m facility will double production capacity to 50,000 units annually
17 July 2017 - Can the uptrend in manufacturing sector hold up?
  1. More WITH the continuous uptrend in manufacturing, a question at this point is whether this can hold up for the long term. Views range from positive to uncertain, indicating that investors may have to look selectively at the various segments of manufacturing.
17 July 2017 - Furniture exports keep growing
  1. More Malaysia’s furniture exports are expected to grow by 8% exceeding RM10 billion this year, a stronger pace compared with 4.1% to RM9.5 billion last year, thanks to the recent ban on rubberwood exports, according to Malaysian Furniture Council (MFC) president Chua Chun Chai.
16 July 2017 - Reimagining scaffolding
  1. More Scaffolding is something few people take notice of when buildings are constructed. In fact, the scaffolding business has remained pretty much the same for the last 30 years despite the new technologies, not to mention safety standards and green requirements, that have come into the market.
15 July 2017 - Perodua sells 99,700 units in 1H
  1. More Carmaker upbeat on meeting 202,000-unit sales target this year
14 July 2017 - Ong: Perak needs to build high-tech factories and diversify
  1. More Perak needs to transform its industries in order to create better connectivity and retain manpower, says Datuk Seri Ong Ka Chuan.
14 July 2017 - Endress+Hauser unveils new facility
  1. More Swiss-based, Endress+Hauser has invested €4.5 million (RM22.06 million) in a new customer service and training facility in Shah Alam.
13 July 2017 - Ranhill relocates headquarters
  1. More Ranhill Holdings Bhd has relocated its headquarters to Johor from Kuala Lumpur to improve efficiency. This is because Johor Bahru is the site of its largest operating unit SAJ Ranhill Sdn Bhd.
12 July 2017 - Malaysia’s oil and gas industry on the road to recovery
  1. More There is optimism that the nation’s oil and gas industry is on the road to recovery, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
12 July 2017 - Plenty of opportunities for local O&G players
  1. More Local oil and gas (O&G) companies are awash with various opportunities within the country in light of continued measures by the government to spearhead the growth of the oilfield services industry here, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
11 July 2017 - Exco: China firm to set up RM300mil plant in Pekan Nanas
  1. More Johor is finalising details on an investment from a China company in the industrial building system (IBS) that wants to set up its manufacturing facility in Pekan Nanas.
10 July 2017 - Careplus an emerging force in rubber glove sector
  1. More Careplus Group Bhd is an emerging force in the rubber glove sector, says Affin Hwang Capital Research.
08 July 2017 - Sunzen buys 70pc stake in Ecolite
  1. More Sunzen Biotech Bhd has kicked off its turnaround plan with the acquisition of a 70 per cent stake in Ecolite Biotech Manufacturing Sdn Bhd for RM12.05 million.
08 July 2017 - SCGM plans to set up factory in Klang
  1. More Leading thermoform food packaging manufacturer SCGM Bhd plans to set up its first manufacturing facility in Teluk Panglima Garang, Klang, to capture more market share in central Peninsular.
07 July 2017 - Carmakers racing to ride on S-E Asia boom
  1. More To get a taste of Southeast Asia's burgeoning 600 million-strong consumer base and what it means for economic growth, take a look at the car industry.
05 July 2017 - Synthomer boosts output capacity
  1. More Firm's Johor plant set to become world's largest nitrile polymerisation reactor
04 July 2017 - US$113m in potential deals seen
  1. More Local bio-based companies showing eagerness to explore central Asian market, says Bioeconomy Corp
03 July 2017 - Major boost for furniture makers
  1. More Government targets RM12b in sales to overseas markets by 2020
03 July 2017 - Edra Power expected to be listed in November
  1. More Firm set to raise over RM5b on back of positive economic indicators, say sources
03 July 2017 - Easy does it for assembly line maker
  1. More SLOW and steady wins the race.
01 July 2017 - Lotte Chemical Titan to relaunch IPO
  1. More Lower price expected due to weak investor appetite, say sources
01 July 2017 - Seacera set to double landbank
  1. More Tiles producer to seal Semenyih deal next month and plans mixed developments


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Last Updated : Wednesday 20th September 2017