Industry News


09 October 2018 - Manufacturers urged to diversify their business portfolios
  1. More Prime Minister Tun Dr Mahathir Mohamad has called on Malaysian manufacturers to diversify their business portfolios in a bid to boost the local economy
08 October 2018 - MCE plans automotive parts JV with Suzhou Prachtig
  1. More MCE Holdings Bhd has partnered with Chinese electronic parts manufacturer Suzhou Prachtig Electronic Material Co Ltd to set up a framework for the consultation and exchange of information and technology
08 October 2018 - 'Silterra sees role in new car project'
  1. More Company keen to supply integrated circuits for NNCP, says CEO
06 October 2018 - Sapura Industrial signs MoU to form JV
  1. More ​Sapura Industrial Bhd has signed a memorandum of understanding with Wada Aircraft Technology Co Ltd and Aero Inc to form a joint-venture company for the manufacture and assembly of aerospace components, tooling, jigs and fixtures
05 October 2018 - Volvo drives away with top honours
  1. More Swedish marque’s plug-in hybrid models best the competition in their class
04 October 2018 - Molecor aims to be top producer of PVC-O pipes
  1. More ​Gold award-winner Molecor (SEA) Sdn Bhd, a manufacturer of environmentally-friendly Oriented-PVC (PVCO) water pipes with advanced technology from Spain, is set to be the main player in the water industry and increase its production capacity to cater to higher market demand
04 October 2018 - Collaboration to boost human capital development
  1. More Malaysia, Indonesia aircraft component manufacturers seek to win more jobs from Airbus, Boeing, Rolls Royce
04 October 2018 - BAuto expects CX-5 to drive sales
  1. More Distributor of Mazda vehicles to leverage Asean Free Trade Area in export push
04 October 2018 - New national car to roll-out before 2020
  1. More The new national car project is expected to roll-out it first model before 2020, said Entrepreneur Development Minister Mohd Redzuan Yusof
04 October 2018 - Dr M urges industry players to actively assist TVET programme
  1. More Tun Dr Mahathir Mohamad has urged industry players to be more active in helping the Technical and Vocational Education Training (TVET) programme to create human capital that is capable of taking Malaysia to developed nation status and become a "world tiger"
04 October 2018 - Aerospace manufacturing revenue seen surpassing RM9bil
  1. More The Malaysia Aerospace Industry Association (MAIA) is confident that revenue from the country’s aerospace manufacturing industry will surpass the RM9bil mark this year
03 October 2018 - Malaysia aims to develop 30 new aerospace manufacturing SMEs
  1. More ​The government targets to develop 30 new manufacturing small and medium enterprise (SME) players in the aerospace sector by 2020, in addition to the current 20 companies
03 October 2018 - Johor gets 4 applications to set up IBS plants
  1. More Johor has received four applications including from investors in China to set up industrialised building system (IBS) plants in the state
03 October 2018 - MGA seeks clarity on energy mix
  1. More Move to liberalise gas market dampened by regulated pricing, says president
02 October 2018 - Sapura Industrial, Japanese firms plan on aerospace component manufacturing venture
  1. More ​Sapura Industrial Bhd plans to collaborate with Wada Aircraft Technology Co Ltd and Aero Inc in aerospace component manufacturing in Malaysia
02 October 2018 - Sector eyes new markets
  1. More Plan to export to Middle East and Europe, says UPM Bioscience Institute director
01 October 2018 - China’s Dade invests RM809mil in Mukah
  1. More RM809mil aquaculture project to be conducted in Tanjung Manis
01 October 2018 - VS expands capacity to meet rising demand
  1. More Several ​Capacity expansion is the key mantra for any company’s sustainable operational growth, and VS Industry Bhd seems to understand the game wellnew assembly lines to come on stream in 12 months
01 October 2018 - Scientex’s Arizona plant set to gain from US-China trade war
  1. More ​Packaging material maker Scientex Bhd is an underrated potential winner from the escalating trade war between the United States and China, according to a research house
01 October 2018 - Dyson transforming Johor’s high-value manufacturing ecosystem
  1. More From the Eight Samurai1 of Penang’s electrical and electronics industry to Volvo kick-starting Shah Alam’s automotive industry, the development of Malaysia’s manufacturing sector is inextricably linked with foreign direct investment
01 October 2018 - Malaysia's halal exports may hit Rm50b before 2020, says HDC
  1. More Malaysia's halal exports may hit RM50 billion mark this year, earlier than the 2020 target due to stronger demand, says Halal Industry Development Corp (HDC)
01 October 2018 - Malaysia welcomes Swiss investments in palm oil downstream activities
  1. More Malaysia welcomes Swiss investments in its palm oil industry’s downstream activities to create outputs for the benefit of mankind and planet earth
01 October 2018 - Malaysia needs to produce high-end products for world market, says Darell
  1. More ​Malaysia must strive to become a high-end manufacturing nation that could produce high-end and high-quality products to cater for the global market
28 September 2018 - Steel industry needs more time to move up value chain
  1. More Misif seeks anti-dumping measures from government
28 September 2018 - Malaysia garners UK’s interest to invest
  1. More Following the interest expressed by US companies to invest in Malaysia yesterday, Malaysia have also attracted another large economy –the UK as a bilateral meeting was held between the Prime Minister Tun Dr Mahathir Mohamad and UK’s Prime Minister Theresa May
28 September 2018 - ZF opens second plant in Malaysia
  1. More Company hopes to meet growing demands of local and regional luxury automotive market
27 September 2018 - Dumping, transshipment concerns in Malaysia arise from trade war, says MITI
  1. More Malaysian industries could be impacted by dumping and transshipment issues as a result of the US-China trade war, according to the Ministry of International Trade and Industry (MITI)
27 September 2018 - '3rd national car project to push industry towards new S-curve'
  1. More A new national car project will gear Malaysia up for the next phase, or a new "S-curve", for the industry, said Malaysia Automotive Institute (MAI) chief executive officer Datuk Madani Sahari
26 September 2018 - Levy for plastic waste imports
  1. More ​Malaysia, which is becoming a dumping ground for plastic waste by other countries, will slap a levy on such imports to halt the growing environmental problem
26 September 2018 - Players urged to tread carefully
  1. More Price volatility expected to continue amid trade wars and geopolitical risks, warns Wan Zulkiflee
26 September 2018 - RM7.5b investments as at Dec 2017
  1. More 77 anchor projects establishment since 2012 provide 26,700 jobs, says Bioeconomy Corp
25 September 2018 - VS Industry in talks to secure new orders
  1. More ​VS Industry Bhd is in active discussion with existing and new customers to secure orders as the group expand its local production capacity
25 September 2018 - Incentivise financiers to support local O&G SMEs, govt urged
  1. More ​Velesto Energy Bhd has urged the government to provide incentives to financial institutions to encourage them to lend more support to local oil and gas (O&G) players
25 September 2018 - Plastics firms urged to shift to biodegradable, eco-friendly products
  1. More Plastics manufacturers should shift to bio-degradable and eco-friendly products to reduce the consumption of single-use plastics, says the Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC)
25 September 2018 - Miti plans to set up textile design federation
  1. More ​The Ministry of International Trade and Industry (Miti) plans to set up a federation related to the textile design industry in order to help fashion entrepreneurs build their future
25 September 2018 - Amlex Sees Demand For Its Products From Auto Sector
  1. More Electronic packaging and interconnect solutions provider Amlex Holdings Bhd aims to broaden its electronic packaging and interconnect solutions for the automotive industry after listing on Bursa malaysia Securities’ LEAP Market
24 September 2018 - Green energy source going to waste
  1. More Being a major agricultural commodity producer in the region, Malaysia produces at least 168 million tonnes of biomass, including timber and oil palm waste, rice husks, coconut trunk fibres, municipal waste and sugarcane waste annually
24 September 2018 - A game-changer model for Proton
  1. More X70 sport-utility vehicle gets good response from public, with about 5,000 bookings
24 September 2018 - Bagless vacuum inventor Dyson may invest more in Malaysia says Dr M
  1. More ​Sir James Dyson, billionaire British inventor of the bagless vacuum cleaner, has expressed interest in bringing new investments into Malaysia and enhancing the capability of Malaysian engineers, said Tun Dr Mahathir Mohamad
23 September 2018 - Malaysia remains a key market of Scania in Southeast Asia
  1. More Asia has been identified as the third hub of Scania after Europe and South America, with Malaysia remaining an important market for the company in the region
22 September 2018 - Synthomer to invest RM35mil in R&D near Pasir Gudang
  1. More ​Synthomer plans to invest about RM35mil to set up a new research and development (R&D) centre near its Pasir Gudang facility, Johor, as part of its ongoing expansion plan in Malaysia
22 September 2018 - Mi Equipment positive on the sector despite US-China trade war
  1. More ​Despite the growing uncertainties in the global economy, especially given the escalating trade war between China and the US, Mi Equipment Holdings Bhd remains optimistic on the prospects of the semiconductor industry
22 September 2018 - Perak to ink MoUs with Chinese auto parts manufacturers
  1. More The Perak government will sign official memoranda of understanding (MoUs) next month with a few automotive component manufacturing companies from China which are interested to open facilities in Tanjung Malim, one of which plans to invest US$150 million
21 September 2018 - HeveaBoard to triple production of king oyster mushrooms
  1. More Particleboard manufacturer HeveaBoard Bhd plans to triple its production of king oyster mushrooms following the early success of this venture at its current plant
21 September 2018 - Automotive sector's contribution to GDP to more than double
  1. More ​The automotive sector is projected to more than double its contribution to the country’s gross domestic product (GDP) from the 4% recorded in 2017, thanks to the re-introduction of the sales and services tax (SST), said Entrepreneur Development Deputy Minister Dr Mohd Hatta Ramli
21 September 2018 - Innovation key to Top Glove's success
  1. More Founder says bedrock of any company is continuous learning and improvement, with focus on healthy, happy workforce
20 September 2018 - Silterra Malaysia to expand into life science sector
  1. More ​Semiconductor company SilTerra Malaysia Sdn Bhd sees potential in an emerging market which combines the best of life sciences and nanotechnology
19 September 2018 - Johor hopes to attract investments from Tatarstan
  1. More Johor hopes to see investors from Tatarstan, a republic of the Russian Federation, investing in the three promoted economic activities in the state
19 September 2018 - GE strengthens Malaysia presence
  1. More US firm continues commitment with US$80m investment in GE Engine
18 September 2018 - Hup Seng buys new production line for RM12m
  1. More Biscuit maker Hup Seng Industries Bhd is buying a new production line for €2.5 million (RM12.13 million) from an European supplier, GEA Group
17 September 2018 - 'Profit boost for local chipmakers'
  1. More Inari Amerton and Globetronics likely to enjoy from Apple's expected rising sales
17 September 2018 - 'Local car parts industry best developed in SE Asia'
  1. More Malaysia's car parts industry has made good strides over the years and is the best developed in Southeast Asia
17 September 2018 - Doluvo targets Brunei, Singapore markets by year end
  1. More Ice cream manufacturer Doluvo Sdn Bhd aims to spread its wings to Brunei and Singapore by year end as part of the company's long term strategy to expand its "Pops Malaya" brand globally
16 September 2018 - '3rd national car will boost our revenue'
  1. More Industry-govt firm can help people realise this need, says PM
15 September 2018 - Rubber output rises 36.3pc in July
  1. More Malaysia's natural rubber production rose 36.3 per cent to 56,397 tonnes in July this year from 41,364 tonnes in June, said the Department of Statistics (DoS)
12 September 2018 - O&G players out of the woods?
  1. More Full impact of higher oil prices on earnings can be expected as early as next year, says T7 Global Chairman
12 September 2018 - 'Incentivise investors opting for automation'
  1. More International Trade and Industry Ministry and Malaysian Investment Development Authority have been urged to offer more incentives to investors who introduce automation in order to reduce dependency on foreign workers
11 September 2018 - Petrochemical sector set to grow
  1. More Production expected to rise to 23.1m tonnes a year by 2020, says association
10 September 2018 - PIP targets RM15b investments
  1. More More than 10 parties have registered their interest, says JCorp
07 September 2018 - Selangor eyes RM7bil investments for manufacturing industry
  1. More Mentri Besar Amirudin Shari said a bulk of the contribution would likely come from the food and beverages sector, electronics and electrical, life sciences, machinery and equipment, as well as transport equipment
06 September 2018 - Manufacturers welcome reasonable increase in minimum wage rates
  1. More The Federation of Malaysian Manufacturers (FMM) welcomes the decision by the Cabinet to heed the industry’s call to moderate the minimum wage increase and to implement it only from Jan 1 next year
05 September 2018 - 'Market for condoms expanding worldwide'
  1. More Karex Bhd, the world's largest condom manufacturer, said the global market for condoms continues to expand, driven by the need for family planning and protection against sexually transmitted diseases
05 September 2018 - Dr M: Continue research to raise global rubber use
  1. More Prime Minister Tun Dr Mahathir Mohamad has urged the rubber industry to continue product development research to raise the global use of the commodity supplied by many small farmers in Malaysia
05 September 2018 - PBB to spend RM600m on expansion
  1. More Group remains upbeat on grains and agri business despite region's challenging flour and feed markets
04 September 2018 - Lotte Chemical Titan rolls out new plant
  1. More Lotte Chemical Titan Holding Bhd has commenced commercial operations of its new polypropylene production plant, it said in a filing with the stock exchange yesterday
04 September 2018 - PMI shows growth in new orders
  1. More Sign of improvement for first time in seven months
03 September 2018 - Singapore’s Dymon invests in THMC
  1. More ​Singapore-based Dymon Asia Private Equity (DAPE) has invested in The Holstein Milk Company Sdn Bhd (THMC) via the holding companies of THMC, Rainforest Capital Sdn Bhd and Farmchoice Foods Sdn Bhd. THMC is an integrated producer, distributor and brand owner of dairy products in the Malaysian and Singapore market
03 September 2018 - MOF aims to increase FDI for E&E, IT industries — deputy minister
  1. More The Ministry of Finance is aiming to increase foreign direct investments (FDI) in Malaysia’s electrical and electronic (E&E) and information technology (IT) sectors, according to deputy minister Datuk Amiruddin Hamzah
03 September 2018 - Lotte Chemical says polypropylene plant commenced operations on Sept 1
  1. More Lotte Chemical Titan Holding Bhd said today its polypropylene production plant (PP3) had successfully commenced commercial operations on Saturday (Sept 1). Lotte Chemical said the PP3 plant will produce polypropylene for the domestic and export market
30 August 2018 - US hygiene push could fuel a rubber glove boom half a world away
  1. More More stringent hygiene in US hospitals and labs could boost sales for Malaysian rubber glovemakers who produce three out of every five pairs used in the world
29 August 2018 - KYM spends RM65m to modernise Tapah plant
  1. More Investment to boost production capacity by 50pc to 230m paper sacks a year
29 August 2018 - AREA plans industrial, logistics hub in Selangor
  1. More AREA Group of Companies and PNB Development Sdn Bhd have inked an agreement to buy 86ha of land in Selangor for RM 320 million
28 August 2018 - CCM Duopharma nets Rm20.99m in H1
  1. More CCM Duopharma Biotech Sdn Bhd recorded a higher net profit of RM20.99 million for the first half of its financial year ended June 30, up from RM19.21 million registered in the same period a year ago
27 August 2018 - MMS Ventures expects higher sales of automotive test equipment
  1. More MMS Ventures Bhd expects the sales of its test equipment to the auto sector to contribute about 15% this year, up from 5% in 2017
27 August 2018 - OM Sarawak ramps up output with operation of 16th furnace
  1. More OM Materials (Sarawak) Sdn Bhd, which owns a ferro alloy smelting plant in Samalaju Industrial Park, Bintulu, has bolstered production
27 August 2018 - Globetronics eyes double-digit growth
  1. More Group plans to invest RM60mil to expand its bio-sensor business next year
27 August 2018 - ‘Electronic industry is not slowing down’
  1. More Growth steady since entry of mid-range smart phones and IoT devices
27 August 2018 - JCorp set to attract RM1.3b investments
  1. More 200 companies expected to move operations to Muar Furniture Park
25 August 2018 - MSM returns to the black in Q2
  1. More MSM Malaysia Holdings Bhd returned to the black with a net profit of RM14.33 million in the second quarter (Q2) ended June 30, compared with a net loss of RM21.45 million a year ago, due to lower raw material costs and a favourable foreign exchange rate
24 August 2018 - Rubber glove exports likely to expand to RM19bil
  1. More Margma expects global demand to go up 15%
23 August 2018 - MARGMA: Malaysia to grow global market share of gloves to 68% over next 2 years
  1. More Malaysia rubber glove players aim to grow their market share of gloves globally to about 68% over the next two years, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA)
22 August 2018 - China’s Aminbio plans RM1.02 bln bio-gelatine plant in Melaka
  1. More China’s halal gelatine company, Gangsu Amin Bio Halal Gelatine Co Ltd (Aminbio), plans to invest RM1.02 billion to set up a bio-gelatine manufacturing plant in Melaka
21 August 2018 - Malaysia, China sign MoUs on biofuel, rubber research
  1. More Malaysia and China have inked two memorandums of understanding (MoUs) on the use of palm-based biofuel collaborative research and development, as well as rubber research
21 August 2018 - Malaysia's petrochemical industry to draw more investments
  1. More Malaysia's petrochemical industry is likely to attract more investment inflows with the development of the Pengerang Integrated Complex (PIC) project, as investments have already hit RM15.3 billion in the first four months of this year, said the Ministry of International Trade and Industry (MITI)
20 August 2018 - Guan Chong expands capacity
  1. More Cocoa processing firm investing RM70mil to make it among world’s top four
20 August 2018 - 'Malaysia a growth potential'
  1. More Mondelez says country a young market, upbeat o regional double-digit growth
19 August 2018 - PM hopes Proton-Geely tie-up will improve Proton cars
  1. More Prime Minister Tun Dr Mahathir Mohamad has expressed hope that the strategic partnership between Proton Holdings Bhd and Chinese car manufacturer Zhejiang Geely Holding Group Co Ltd will accelerate the process of improving Proton cars
18 August 2018 - China firms propose RM41bil for Malaysia’s third national car project
  1. More Two companies from China have proposed to invest US$10bil (RM41bil) in Malaysia’s third national car project and build a regional automobile hub to cater for the region in southern Perak, according to official sources
18 August 2018 - Proton, Geely Sign JV agreement to set up facilities in China
  1. More Proton Holdings Bhd and Zhejiang Geely Holding Group today signed a Heads of Agreement to set up a joint venture that will pave the way for Proton to assemble and market their cars in China
17 August 2018 - Vehicles sales up 41% in July
  1. More MAA: Sales marked second highest TIV in local auto industry history
16 August 2018 - Improved earnings prospects for D&O on shift in auto lighting
  1. More D&O Green Technologies Bhd is in the sweet spot of the manufacturing sector because of the increasing light-emitting diode (LED) adoption in cars both for exterior and interior lighting, according to MIDF Research
16 August 2018 - Miti to review anti-dumping duties on HRCs
  1. More The International Trade and Industry Ministry (Miti) has initiated administrative review of anti-dumping duties on the import of hot rolled coils (HRCs) from China and Indonesia
15 August 2018 - Nestle Q2 earnings rise to RM 166 mil on higher revenue
  1. More Better results due to new products, consumer and trade promotions
15 August 2018 - MITI: New NAP to be announced by year end
  1. More Malaysia, which is still drafting its new National Automotive Policy (NAP), expects to unveil it by end of this year. International Trade and Industry Minister Darell Leiking said the new NAP will include the outcome of discussion between the Finance Ministry (MoF) and International Trade and Industry Ministry (MITI)
15 August 2018 - Shorubber expects to remain Malaysia's largest industrial glover-maker
  1. More ​Shorubber (M) Sdn Bhd (Shorubber) targets to remain as Malaysia’s largest industrial glove-maker by upgrading its plant in the Jejawi Industrial Zone, under a five-year renovation plan that started in 2016
14 August 2018 - More headwinds for Malaysian steel sector
  1. More Declining demand, ongoing trade wars to impact the industry until 2019
14 August 2018 - Shorubber: Perlis plant upgrades to lower labour dependence
  1. More Shorubber (M) Sdn Bhd plans to remain as Malaysia's largest industrial rubber glove maker by upgrading its plant in the Jejawi Industrial Zone, Arau under a five year plan started in 2016
14 August 2018 - Johor to receive US$400 million investment from China
  1. More ​Johor will receive US$400 million worth of new investments through two companies from China, said Menteri Besar Datuk Osman Sapian
13 August 2018 - MAI: Quality vendors needed for car production
  1. More Work between Malaysia and Indonesia to jointly produce the first Asean vehicle will only start when component vendors in both countries are strong and reliable, said the Malaysia Automotive Institute (MAI)
13 August 2018 - Chip and plastic makers gain from trade war
  1. More ​Local electronic and plastic manufacturers are the beneficiaries of the ongoing trade war between the US and China


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Last Updated : Monday 15th October 2018