Industry News


11 January 2019 - Malaysia safeguarding commodity industry to protect stakeholders — Darell
  1. More ​Malaysia has to safeguard the commodity industry in order to protect all stakeholders in the entire ecosystem, including smallholders and manufacturers, International Trade and Industry Minister Datuk Darell Leiking said
10 January 2019 - Fixing The Economy - Feedback/Commentary: MITI working hard to transform the manufacturing sector
  1. More After the momentous general election, how have the last seven months been for businesses and industries? What is the outlook for 2019? The Edge asked various people, from Minister of International Trade and Industry Datuk Darell Leiking to a former minister, a banker, economists and business leaders
10 January 2019 - Dialog eyes investments in specialty chemical plants
  1. More Dialog Group Bhd plans to make new investments in specialty chemical plants at the Pengerang Phase 3 project, according to CIMB Researc
10 January 2019 - MBM keen to help develop automotive industry
  1. More Mercedes-Benz Malaysia Sdn Bhd (MBM) is keen to assist in the development of the automotive industry locally
08 January 2019 - Focus on selling expertise in halal process and services — Redzuan
  1. More ​The Ministry of Entrepreneur Development will focus on “selling expertise” on the halal process and services to the business community in a bid to attract more investments, said its minister Datuk Seri Mohd Redzuan Yusof
07 January 2019 - Proton-Perodua SUV race heats up
  1. More Carmakers are going all out to boost margins and regain market share
07 January 2019 - Asia Poly to go into F&B
  1. More Firm is in serious talks to collaborate with an established group
07 January 2019 - Lion Industries sells non-core asset to fund flat steel venture
  1. More Lion Industries Corp Bhd is divesting its entire 50% stake in Singapore-based Angkasa Amsteel Pte Ltd to a South Korean steel manufacturer for S$26.65 million (RM80.9 million) to raise funds for its flat steel business venture
07 January 2019 - Ministry approves RM20 mil fund for third national car prototype
  1. More ​The Ministry of Entrepreneur Development (MED) has approved close to RM20 million of funds to attract private investors to develop the prototype for the third national car
03 January 2019 - Xinghe unit buys prawn farm in Sabah for RM100m
  1. More Xinghe Holdings Bhd's wholly owned subsidiary, XW Aquaculture Sdn Bhd, is acquiring a 97.9ha prawn farm, related facilities and assets in Tawau, Sabah, from Pegagau Aquaculture Sdn Bhd for RM100 million cash
03 January 2019 - Malaysia aims to venture into train manufacturing – Loke
  1. More ​Malaysia aims to venture into the train manufacturing industry with the support of China’s largest train manufacturer, Transport Minister Anthony Loke said
03 January 2019 - Export Growth Breezes In For Daikin Malaysia
  1. More Air conditioning company Daikin Malaysia Sdn Bhd, which has allocated a capital expenditure (capex) of RM434 million for the next financial year ending March 31, 2020 (FY20), will ramp up its efforts on driving export growth, in line with its aim for export to contribute 70% of its total sales by FY20, from 65% now
03 January 2019 - ACE Market-bound DPI acquires new machine to expand production capacity
  1. More ACE Market-bound aerosol paints producer DPI Holdings Bhd has acquired a new fully-automated aerosol filling line worth RM450,000 for its existing plant, which will increase its production capacity to meet rising demand
02 January 2019 - Sector may see end of bearish sentiment
  1. More Third national car project, new model launches set to boost market
02 January 2019 - Eventful year for industry players
  1. More It was an eventful 2018 for Malaysia's oil and gas (O&G) sector, with Brent crude prices starting the year at US$66.55 (RM275.52) a barrel and breaching the US$70 mark before closing below US$55 by year end
28 December 2018 - Prestar buys RM14.5m Rawang land for business expansion
  1. More ​Steel-maker Prestar Resources Bhd is acquiring a 8,093 sq m freehold plot of land in Rawang for RM14.5 million to expand its pallet racking business
27 December 2018 - Glove players' profit margin to remain stable, says MIDF Research
  1. More Gas Malaysia Bhd's approved revision of natural gas tariff for the non-power sector starting from next year is viewed neutrally by an analyst who says it will have negligible impact on the gloves sector
27 December 2018 - Innovation, digitalisation key to business survival
  1. More Large corporation risk losing competitiveness if they stick to traditional processes or products, says GE
20 December 2018 - SilTerra, Singapore firm ink partnership deal
  1. More Move to cut cost with high volume manufacturing capabilities
20 December 2018 - QL buys five land plots for RM48.7m for business expansion
  1. More ​QL Resources Bhd is buying five plots of land from four parties related to its major shareholders to expand its farming and food processing businesses for RM48.7 million
19 December 2018 - Malaysian brewers chipped in RM3.7 billion to economy in 2016
  1. More ​Malaysian brewers chipped in RM3.7 billion or 0.3% to the gross domestic product in 2016
19 December 2018 - FGV, CMEC ink MoU for paper pulp business
  1. More FGV Holdings Bhd has signed a memorandum of understanding (MoU) with China Machinery Engineering Corp (CMEC) to explore the feasibility of a joint venture or other collaboration that primarily involve the establishment of paper pulp production facilities
18 December 2018 - Malaysia's halal exports to hit RM50b
  1. More Many non-musim countries have recognised markets's untapped potential, says HDC
17 December 2018 - Sarawak Petchem project to come onstream in 2022
  1. More ​Sarawak Petchem Sdn Bhd expects its multi-billion ringgit methanol plant project in Bintulu to come onstream in 2022
17 December 2018 - CEO: Globetronics poised to record double-digit growth
  1. More Heng expects strong sales of products in export markets
13 December 2018 - Towards a new era in innovation
  1. More ​Panasonic Manufacturing Malaysia Bhd’s (PMMA) celebrated the completion of three new facilities in conjunction with its 50-year presence in Malaysia and 100th anniversary at a grand opening ceremony with the theme of “Towards A New Era”
13 December 2018 - Cypark secures RM225mil solar plant project in Kedah
  1. More Cypark Resources Bhd has bagged RM225mil worth of jobs to build a solar photovoltaic energy-generating facility in Sik, Kedah
13 December 2018 - Malaysia's industrial production index rises 4.2pc in October
  1. More Malaysia's industrial production index rose 4.2 per cent in October from a year earlier, faster than in September, supported by strength in manufacturing and a rebound in the mining sector, government data showed
13 December 2018 - New dimension for local automotive sector
  1. More On December 4 this year, at the Car of the Year 2018, International Trade and Industry Minister
13 December 2018 - MVV 2.0 will be rejuvenated to promote hi-tech industries
  1. More The plan to develop Negri Sembilan through Malaysia Vision Valley 2.0 (MVV 2.0) will receive a breath of fresh air to enable the government to promote hi-tech industries, said Mentri Besar Aminuddin Harun
12 December 2018 - Malaysia Oct manufacturing sales up 10.2% y-o-y to RM73.1b
  1. More Malaysia's October 2018 manufacturing sales rose 10.2% year-on-year to RM73.1 billion from RM66.3 billion, said the Department of Statistics Malaysia
12 December 2018 - Tun M hopes Proton-Geely collaboration will produce truly Malaysian car
  1. More Prime Minister Tun Dr Mahathir Mohamad hopes the collaboration between Proton Holdings Bhd and Zhejiang Geely Holdings Group (Proton-Geely) will produce a truly Malaysian car in the future
11 December 2018 - Scientex to buy Daibochi stake for RM222.5m
  1. More ​Packaging material maker Scientex Bhd has inked a conditional share sale agreement to acquire a 42.41% stake in its smaller rival Daibochi Bhd for RM222.5mil
11 December 2018 - ACM keen to invest, expand in Kedah
  1. More Aerospace Composites Malaysia Sdn Bhd (ACM), a manufacturer of advanced composite components for the aerospace industry, is keen to continue its investment and expand its Malaysian plant
10 December 2018 - SLP Resources set to increase output
  1. More SLP Resources Bhd will invest RM11mil initially to raise its production capacity to 32,000 tonnes next year from 27,000 tonnes now in a move to expand its presence in the healthcare packaging business
10 December 2018 - Pentamaster and Elsoft expect record turnover
  1. More Chip equipment makers ride on growing demand for smart sensors
08 December 2018 - Panasonic plans plant upgrades
  1. More Group earmarks RM300m to get Selangor facilities ready for smart manufacturing
08 December 2018 - Sarawak Energy, Shell MDS ink MoU on green tech
  1. More Sarawak Energy Bhd and Shell MDS (Malaysia) Sdn Bhd have signed a memorandum of understanding (MoU) to assess potential opportunities in lower cost hydrogen production technology via electrolysis
07 December 2018 - R&D grant for 3rd national car
  1. More The government will provide an allocation for the research and development (R&D) of prototype of the national car
07 December 2018 - Feasibility study tie-up
  1. More Terengganu Inc, Petronas to carry out assessment on energy supply and infrastructure development
07 December 2018 - Panasonic to invest RM300 mil in Industry 4.0
  1. More ​The Panasonic Group in Malaysia plans to invest RM300 million in automation and staff up-skilling over the next three years to adopt Industry 4.0 and reduce dependency on foreign workers
07 December 2018 - AMMI forecasts medical device exports to exceed RM23b
  1. More The Association of Malaysian Medical Industries (AMMI) has projected an eight per cent growth in the exports of medical devices to more than RM23 billion next year
06 December 2018 - AMMI members record 52% value-added ratio in medical device industry
  1. More ​The Association of Malaysian Medical Industries (AMMI) said its members reported a value-added ratio of 52% in the medical device industry, with RM3.43 billion or 59% worth of raw materials sourced within Malaysia
06 December 2018 - UMS to conduct research to help Sabah to produce its own tyres
  1. More ​Universiti Malaysia Sabah (UMS) has signed a Memorandum of Understanding (MoU) with a local company Hoyu Recycling Retreading Sdn Bhd today, aimed at carrying out research to help Sabah to produce its local brand tyres
06 December 2018 - Petronas conducting feasibility study on energy supply in Silica Valley
  1. More ​Petroliam Nasional Bhd (Petronas) is undertaking a feasibility study for the development of an energy supply and related infrastructure in the Terengganu Silica Valley in Marang
05 December 2018 - Hibiscus to invest RM200mil
  1. More O&G firm to develop fields in Sabah and North Sea
05 December 2018 - Astana City plans RM100m Port Klang factory
  1. More Astana City Group Sdn Bhd, the country's first distributor of liquefied petroleum gas (LPG), plans to invest RM100 million to build a composite gas cylinder factory in Port Klang, Selangor
04 December 2018 - Globetronics stays optimistic in the face of headwinds
  1. More ​Investors continue to be concerned about the future of the technology sector based on general expectation of slower global economic growth, continued trade tensions between the US and China and signs of lacklustre tech earnings
04 December 2018 - Proton projects 10.2pc market share
  1. More National carmaker Proton Holdings Bhd said yesterday its market share of the total industry volume (TIV) is estimated at 10.2 per cent
01 December 2018 - More O&G jobs in the pipeline
  1. More Petronas set to raise capex in the last quarter to increase its output
01 December 2018 - Cargill exploring new investment opportunities in Malaysia
  1. More ​Agriculture services company Cargill Holdings (Malaysia) Sdn Bhd, which celebrated its 40th anniversary in the country this year, is exploring new investment opportunities
30 November 2018 - Johor attracts RM8bil investments from global companies
  1. More ​Johor remains attractive to foreign investors and has attracted RM8bil investments from global companies to invest in the state next year
30 November 2018 - Micron's new facility in Penang to offer 1,000 high-value jobs
  1. More ​Micron Technology Inc's new centre of excellence for solid state drive (SSD) assembly and test in Batu Kawan is expected to create 1,000 high-value jobs in the electrical and electronics (E&E) sector once it is completed in 2021
29 November 2018 - Aerospace focus bodes well for T7 Global plan
  1. More Oil and gas (O&G) service provider t& Global Bhd expects the government's paln to make the aerospace industry one of the aerospace industry one of the focused subsectors will bode well for the company's diversification strategy
29 November 2018 - Cahya Mata Sarawak to buy 56% stake in Borneo Granite for RM31m
  1. More Cahya Mata Sarawak Bhd (CMSB) is acquiring a 56% stake in Borneo Granite Sdn Bhd (BGSB) for RM31 million to solve the shortage of stone supply in the Pan Borneo Highway project
29 November 2018 - Malaysia records RM41.6b investments in manufacturing sector
  1. More ​Malaysia has recorded approved investments of RM41.6 billion in the manufacturing sector for the period from May to September this year since the Pakatan Harapan government took over the country’s administration, said Minister of International Trade and Industry Datuk Darell Leiking
29 November 2018 - China’s Zhejiang XSD plans RM1.2b green paper Industry Park in Kulim
  1. More China-based Zhejiang XSD Holding Group Co Ltd plans to develop a green paper industry park in Malaysia, which is expected to bring in investments amounting to RM1.2 billion
28 November 2018 - Only clean plastic waste imported
  1. More Selangor government will allow only quality waste to be processed at licensed factories, says exco member
28 November 2018 - China top investor with US1.6b investments
  1. More China ranked as the largest foreign investors in Malaysia's manufacturing sector from January to June with US$1.6 billion (RM6.7 billion)
27 November 2018 - Malaysia and Japan ink halal cooperation deal
  1. More Malaysia and Japan have signed a memorandum on halal cooperation to pave the way for more business opportunities in the halal industry
26 November 2018 - KKB unit plans to be regional O&G player
  1. More OceanMight to bid for offshore fabrication jobs in 2022
23 November 2018 - Fonterra ramps up dairy production in Malaysia
  1. More Dairy company, Fonterra Brands (M) Sdn Bhd, has increased production by 50 per cent, driven by the growing demand for dairy nutrition in Malaysia and Southeast Asia, after a year from its RM20 million investment at Susumas plant
23 November 2018 - Digitalisisng manufacturing industry
  1. More Training and upskilling employees can be a cost effective way of managing staff resourceing, which will ultimately boost a company's productivity
22 November 2018 - Sime allocates RM940mil capex
  1. More Company to use funds mainly to upgrade showrooms for motors division
22 November 2018 - Proton to complete plant expansion next year
  1. More ​Proton Holdings Bhd aims to complete its RM1.4bil plant expansion in Tanjung Malim by the fourth quarter of next year
22 November 2018 - Govt aims to unveil revised NAP by Q1
  1. More New version will include development of third national car project
22 November 2018 - Revised NAP likely in Q1 next year
  1. More Revamped policy will include development of third national car, says minister
21 November 2018 - Top Glove tops SGX’s healthcare sector best performers list
  1. More ​Top Glove Corp Bhd is the best-performing constituent of the iEdge SG All Healthcare Index, with a 41.4% return on a year-to-date basis
21 November 2018 - Good ecosystem crucial to complement electric car initiative : MAA
  1. More ​The Malaysian Automotive Association (MAA) hopes the government will give more focus on developing an environmentally-friendly ecosystem for electric car vehicles, which is one of the focal points of the automotive industry moving forward
20 November 2018 - Glove manufacturers could continue hot streak
  1. More ​Investors who baulked at buying glove stocks at the end of last year, because they believed valuations were too stretched, could be kicking themselves given that the share prices of the four largest glove manufacturers have outperformed the market by a long shot
20 November 2018 - Scania rolls out last of PGR series
  1. More Company to launch new truck generation, continue to improve quality of products and services
20 November 2018 - Kossan to post higher Q4 earnings
  1. More Glovemaker's new plants fully commissioned in mid August and this month, boostong production
19 November 2018 - OM Sarawak plans RM61mil plant
  1. More Bintulu sinter plant expected to be operational in the second quarter next year
19 November 2018 - Local enterprises need to advance
  1. More Mindset change important for manufacturers to adopt Industry 4.0 technologies
19 November 2018 - Handal eyes Sabah, Sarawak markets
  1. More Firm plans expand business to East Malaysia next year to boost revenue
19 November 2018 - Industrial growth has big impact on real estate
  1. More The greatest impact and growth for the Malaysian real estate will be the industrial sector, says Area Management Sdn Bhd chairman Datuk Stewart LaBrooy
16 November 2018 - Ministry tightens conditions for import of plastic wastes
  1. More The Housing and Local Government Ministry (KPKT) does not plan to review the National Solid Waste Management Policy but will tighten requirements for application of Approved Permits (APs) to import plastic waste, said its Minister Zuraida Kamaruddin
16 November 2018 - Sime Darby keen on 3rd car project
  1. More Group banks on automotive arm's expertise in vehicle, engine assembly
15 November 2018 - Dialog Group may invest in petrochemical plants
  1. More Firm sees move as appropriate as it provides recurring income base
15 November 2018 - Synergy Marine inks RM188.75m vessel supply contract
  1. More Synergy Marine (M) Sdn Bhd has partnered with MTCMS Design Sdn Bhd and Shin Yang Shipyards Sdn Bhd to build liquefied natural gas (LNG) and diesel platform supply vessel costing RM188.75 million
15 November 2018 - Steel industry expected to bounce back in 2 to 3 years' time
  1. More Steel manufacturers, who have been facing tough times in recent years, expect businesses to pick up within the next two to three years
15 November 2018 - Scientex buys 42.4pc stake in Daibochi
  1. More Merger set to create a regional packaging giant
15 November 2018 - Dialog sets aside RM1b for capex
  1. More Company to allocate RM500m for downstream business, RM200m for upstream and RM150m for internal expenditure
15 November 2018 - More R&D on oil palm trunk
  1. More The Primary Industries Ministry has called for more research and development (R&D) on Oil Palm Trunk (OPT) as an alternative material for plywood production
14 November 2018 - NH Food opens plant in Pulau Indah
  1. More Japan NH Foods Ltd (NHF) has expanded its presence in Malaysia, opening a modern food manufacturing plant in Pulau Indah, Selangor
14 November 2018 - RM1.5b to increase Euro 5 production
  1. More Petronas unit aims to become main producer by 2020, says MRCSB CEO
12 November 2018 - U.K. ignites interest in 3rd national car
  1. More Trade commissioner aims to boost ties in Asia Pacific
10 November 2018 - Sugar tax not expected to have immediate impact on F&N
  1. More The government’s decision to impose excise duty on sweetened beverages is a negative development for Fraser & Neave Holdings Bhd (F&N Holdings), says RAM Ratings
10 November 2018 - China's aerospace companies keen to invest in Malaysia
  1. More ​Several Chinese aerospace companies are keen to work with Malaysian companies to develop several science centre projects, the Malaysian Global Chamber of Commerce (MGCC) said
09 November 2018 - Trade Ministry initiates administrative review on anti-dumping duties of CRC imports
  1. More Malaysia will initiate an administrative review of anti-dumping duties on imports of cold rolled coils (CRC) from China, South Korea and Vietnam
09 November 2018 - 3rd national car creates jobs, promotes vendor development – Darell
  1. More The third national car project can create employment and promote vendor development in automotive parts and components, Minister of International Trade and Industry (MITI) Datuk Darell Leiking said
09 November 2018 - Japan investment boost
  1. More Nomura says RM700m for Green Technology Park is just the start
08 November 2018 - Kedah govt committed to growing Kulim Hi-Tech Park
  1. More The Kedah government is committed to nurturing the growth of the Kulim Hi-Tech Park (KHTP) and paving its way to continue as the country’s leading technology park, both locally and regionally
08 November 2018 - Bird's nest factory to help Bumiputeras break into global mart
  1. More ​The setting up of a swiftlet nest processing factory in Batu Sapi near here will enable Bumiputeras in Sabah to penetrate the global market for the product
08 November 2018 - Malaysia imposes anti-dumping duties on galvanised iron imports from China, Vietnam
  1. More Malaysia will impose provisional anti-dumping duties ranging from 3.33% to 16.13% on imports of galvanised iron (GI) from China and Vietnam for not more than 120 days effective today
08 November 2018 - State govt hopes third national car will be produced in Melaka — Adly
  1. More ​Melaka is waiting for a reply pertaining to its offer to Federal government for the country’s third national car to be produced in the State, says Chief Minister, Adly Zahari
08 November 2018 - Labu aviation hub development deal to be sealed soon
  1. More ​The agreement to develop an aviation hub in Labu, Negeri Sembilan is expected to be sealed early next month
07 November 2018 - Coway mulls setting up manufacturing operations in Malaysia
  1. More ​Coway Co Ltd, a South Korean maker of home appliances, is mulling over establishing manufacturing operations in Malaysia with the aim of using the country as a launchpad into other South-East Asian markets
03 November 2018 - Margma lauds initiatives to spur local industries
  1. More Finance Minister Lim Guan Eng has done well working with Prime Minister Tun Dr Mahathir mohamad on the preparation of the 2019 Budget
03 November 2018 - Manufacturing sector set for 4.7pc growth next year
  1. More Malaysia's manufacturing sector is forecast to expand 4.7 per cent next year, supported by export-oriented industries


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Last Updated : Friday 18th January 2019