Industry News


29 April 2019 - CCM at right place and time for Rapid
  1. More ​Being at the right place and at the right time appears to have paid off for Chemical Company of Malaysia Bhd (CCM)
27 April 2019 - MSM starts break bulk shipping
  1. More Country's leading refined sugar producer exports 7,000 tonnes to China from Johor plant
26 April 2019 - DRB-Hicom sells 11 per cent stake in Modenas to Kawasaki
  1. More DRB-HICOM Bhd is selling an 11 per cent stake in Motosikal dan Enjin Nasional Sdn Bhd (Modenas) to Kawasaki Heavy Industries Ltd (KHI) for RM40.3 million to enable the Japanese firm to have a higher level of participation in the management of Modenas
26 April 2019 - LCT on track to meet target
  1. More Polyolefin producer will double capacity to 7m tonnes in order to be top-tier petrochemical firm by 2024
26 April 2019 - Nestle sets aside RM220m capex
  1. More Expansion and upgrade of its 7 facilities nationwide will help boost production
26 April 2019 - MITI initiates anti-dumping probe on steel rebar imports
  1. More The Ministry of International Trade and Industry (MITI) said it has received a petition from the Malaysia Steel Association asking for an anti-dumping investigation on imports of steel reinforcing bar (rebar)
25 April 2019 - US medical technology company to invest RM100m in Malaysia
  1. More ​American medical technology company, Edwards Lifesciences (Edwards) known for developing the commercially viable artificial heart valve, is expected to invest RM100 million in Malaysia
25 April 2019 - China's Jiangxi Copper planning to build plant in Sabah, Malaysia
  1. More ​Jiangxi Copper Co, one of China's biggest copper producers, plans to build a plant to produce refined copper in Malaysia's eastern state of Sabah, as the country emerges as a dismantling centre for non-ferrous scrap, its chairman said
24 April 2019 - Texchem to invest RM36mil for expansion this year
  1. More ​Texchem Resources Bhd will spend about RM36mil to expand its business divisions this year
24 April 2019 - Pharmaniaga to spend RM174mil capex this year
  1. More Medical group to introduce 250 products in next five years
24 April 2019 - Get green, chemicals industry told
  1. More ​More businesses in the chemical industry need to be aware of environmental issues and they should adopt a “green corporate culture,” says National Institute of Occupational Safety and Health (NIOSH) chairman Tan Sri Lee Lam Thye
24 April 2019 - China's gearbox remanufacturing company to invest in Iskandar Malaysia
  1. More A Chinese gearbox remanufacturing company plans to open a factory costing RM28 million in Iskandar Malaysia and create over 60 high-quality jobs for locals
24 April 2019 - Guan Chong savours sweet success
  1. More Asia's biggest cocoa bean processor riding wave of improved margins and higher sales
23 April 2019 - Leader Steel buys land to expand operations in Sarawak
  1. More ​Leader Steel Holdings Bhd has bought a piece of vacant 3.79-hectare industrial land in Kuching, Sarawak, for RM9.8 million to expand its plant and office as well as consolidate all operations in East Malaysia at one location
23 April 2019 - Jesselton Birost, China firm eye RM16.5 bln JV project in Sabah
  1. More Jesselton Birost (Sabah) Sdn Bhd plans to collaborate with a China-based company to build and operate a US$4 billion (RM16.5 billion) bonded integrated refinery and oil storage terminal in Sipitang Oil and Gas Industrial Park, Sipitang
22 April 2019 - Spritzer to spend RM25mil on PET plant and solar projects
  1. More ​Bottled water company Spritzer Bhd will spend about RM25mil over the next two years to expand its PET (polyethylene terephthalate) plant, water-processing capacity and solar power projects to keep up with the group’s enlarged customer base and enhance its competitive edge
22 April 2019 - Opportunities in semiconductor
  1. More Country offers an attractive ecosystem to effectively support fab industry
22 April 2019 - Perak proposes to construct O&G processing centre in Manjung
  1. More ​Perak has proposed to build oil and gas (O&G) processing centres in Teluk Senangin and Tanjung Hantu, in Manjung district, over the next four years
21 April 2019 - Analyst: Prioritise manufactured exports, especially E&E
  1. More ​Malaysia needs to prioritise its manufactured exports and simultaneously adopt a more effective and aggressive export promotion strategy, according to AmBank Research
19 April 2019 - BAT to consider opening another Malaysian factory
  1. More Company says it will depend on market for legal cigarettes
19 April 2019 - Perak gives support to Proton’s regional auto hub plan
  1. More The Perak state government gives full support to Proton in its plan to make Tanjung Malim as the regional hub for the car industry
18 April 2019 - Vsolar to collaborate with HK firm on manufacturing fast chargers
  1. More ​Vsolar Group Bhd today entered into a collaboration agreement with Hong Kong’s PB Control Limited (PB) to examine the viability of establishing a production facility in Malaysia for the manufacture of heavy duty fast chargers and related range of electric vehicle solutions
18 April 2019 - Govt hopes Malaysia can become chocolate hub
  1. More ​The government hopes Malaysia can become one of Asia’s chocolate hubs with its rapidly growing downstream cocoa industry and chocolate industries
18 April 2019 - Cisco Systems to increase investments in Malaysia
  1. More ​Cisco Systems, a US-based technology company will be increasing investments at its Malaysian plant, said country manager Albert Chai
18 April 2019 - BAT seeks to introduce alternative tobacco products
  1. More ​British American Tobacco (Malaysia) Bhd (BAT) is looking at introducing alternative tobacco products to complement its traditional cigarette business
16 April 2019 - Dialog projects on track
  1. More ​Dialog Group Bhd ’s expansion projects are on track and nearing completion, with Pengerang Phase 2 joint-venture (JV) profit contributions expected to commence in the second half of the year
16 April 2019 - Boost for manufacturing segment
  1. More Faster speed will benefit sector as more firms opt for automation and big data analytics, says minister
16 April 2019 - MCE teams up with Taiwanese firms to make automotive audio-visual products
  1. More ​MCE Holdings Bhd is teaming up with two Taiwanese firms to manufacture and market camera and audio-visual related products for the automotive industry
15 April 2019 - SEDC, China firm in RM7.4bil tie-up
  1. More Both parties to set up pulp and paper plant in Samalaju Industrial Park
15 April 2019 - Promising growth for milk industry
  1. More ​Etika Holdings will initiate commercial processing of fresh milk with a foreign direct investment (FDI) company of more than RM100mil in a move to drive the dairy industry forward
15 April 2019 - Sabah targets industrial sector to contribute 35pc to GDP in 2030
  1. More ​The Sabah state government is committed to developing the industrial sector with the aim of having it contribute 35 per cent to the gross domestic product (GDP) in 2030
15 April 2019 - Perak to expedite Yamaha Electronics' renovation approval
  1. More ​The Perak state government will expedite the approval of Yamaha Electronics Manufacturing (M) Sdn Bhd’s application to renovate its factory in Chemor near here as it will give positive impact on the state’s economy
13 April 2019 - With Geely, DRB-Hicom is confident of Proton’s turnaround
  1. More At a recent media briefing held in Malacca City by DRB-Hicom Bhd, there was much focus and attention paid on the company’s biggest contributor: Proton Holdings Bhd
13 April 2019 - Ta Win inks pact for cable making business
  1. More Ta Win Holdings Bhd, a leading manufacturer of copper products, has entered into a joint venture cum shareholder agreement to set up a cable manufacturing business
12 April 2019 - Ta Win in JV to produce high-margin cable products
  1. More ​Enamelled copper wire and rod manufacturer Ta Win Holdings Bhd is set to expand its production capacity and manufacture high-margin products, following its latest partnership to make cables using electron beam irradiation technology in Malaysia
12 April 2019 - CTRM set to surpass RM1b revenue
  1. More Projected growth in aviation industry to benefit DRB-Hicom unit
12 April 2019 - Plans to assemble 2 global marques
  1. More DRB-Hicom Bhd is in talks with two international car brands to assemble their vehicles in Malaysia through subsidiary Hicom Automotive Manufacturing (M) Sdn Bhd, said group managing director Datuk Seri Syed Faisal Albar
12 April 2019 - Ritz Corporate Berhad to build guarana factory in Sabah
  1. More Multi-national company Ritz Corporate Berhad is building a a factory in Sabah to process guarana seeds
12 April 2019 - PM: Automotive industry, third national car vital to country
  1. More Prime Minister Tun Dr Mahathir Mohamad said the third national car and the automotive industry are crucial to the country
12 April 2019 - Global Rubber Glove demand to hit 300 billion in 2019, 63 pct supplied by Malaysia
  1. More ​The global demand for rubber gloves is estimated to reach 300 billion gloves this year, with an expected annual growth of 12 per cent, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA)
11 April 2019 - Dow, Petronas arm ink carbon project deal
  1. More Dow has signed an agreement with Petronas Chemicals Glycols Sdn Bhd to collaborate on a carbon project at Petronas's ethylene oxide (EO) production facility in Kerteh, Terengganu
11 April 2019 - Malaysia Feb IPI up 1.7% y-o-y on electricity, manufacturing output growth
  1. More ​Malaysia's industrial production index (IPI) saw a year-on-year increase of 1.7% in February 2019, on electricity and manufacturing output growth
11 April 2019 - New national car brand a boost for automotive industry — Mahathir
  1. More ​Prime Minister Tun Dr Mahathir Mohamad said today Malaysia’s desire to create a new national car brand is significant and will intensify the development of the automotive industry in the country
11 April 2019 - 50 years of excellence
  1. More Volvo Trucks remains focused on driving efficiency, innovation
10 April 2019 - Proton extends deal with PLMM
  1. More Proton has extended its partnership with Petronas Lubricants Marketing Malaysia Sdn Bhd (PLMM) for 10 years to develop, supply and deliver lubricant products and functional fluids, effective January 1
10 April 2019 - LKL, OCB to explore medical devices biz
  1. More ​LKL International Bhd and OCB Bhd will jointly promote, market, distribute and sell selected medical products in Malaysia
09 April 2019 - Sweet-toothed millennials seduce MSM Malaysia to China
  1. More One of Asia’s biggest sugar refiners is in talks to sell the sweetener in China, seduced by the country’s “new generation” of consumers
09 April 2019 - BTM inks MoU on wood pellet JV plant in Terengganu
  1. More BTM Resources Bhd intends to set up a wood pellet manufacturing plant in Terengganu in a joint venture with Korea Electric Power Corp (Kepco) and two other parties to expand its pellet business and diversify its income stream
09 April 2019 - O&G stocks in bullish momentum
  1. More More jobs to be awarded by Petronas expected to push industry forward
09 April 2019 - DESB plans up to RM120m investment
  1. More Cosmetics and skincare manufacturer Dr Esence Sdn Bhd (DESB), has allocated RM55 million to RM120 million for the next two years to diversify its business locally
08 April 2019 - SAM ramps up production
  1. More Singapore plant being equipped with high-tech machinery
08 April 2019 - Top Glove to manufacture medical catheters
  1. More ​Top Glove Corp Bhd, the world’s largest rubber glove manufacturer, is looking to manufacture medical catheters as part of its diversification plan
08 April 2019 - Revised National Automotive Policy to be unveiled in Q2, says deputy minister
  1. More ​The government is expected to unveil the revised National Automotive Policy (NAP) in the second quarter of 2019, which will include various measures to enhance the competitiveness of the industry through future technological trends
06 April 2019 - Malaysia set to be Airbus' regional hub
  1. More Company banking on expanded MRO facility in Subang to support customers in Asia Pacific
05 April 2019 - Halal players urged to tap into huge global market
  1. More Malaysian halal industry players should strengthen their efforts to tap into the US$3 trillion global halal market value, said Economic Affairs Deputy Minister Senator Dr Mohd Radzi Md Jidin
04 April 2019 - Local halal players urged to tap into US$3 trillion global halal market
  1. More Malaysian halal industry players should strengthen their efforts to tap into the US$3 trillion (US$1=RM4.08) global halal market value, said Economic Affairs Deputy Minister Senator Dr Mohd Radzi Md Jidin
04 April 2019 - Honeywell seeks more opportunities
  1. More ​Honeywell, a Fortune 100 global technology and software-industrial leader, is eyeing for more opportunities in Malaysia, given the country’s aim to become a primary destination for high-tech industries and its plans for technological innovation
03 April 2019 - Sino Hua-An diversifies into tech and F&B, buys TGIF and Teh Tarik Place
  1. More In a bid to reduce its reliance on a single business, metallurgical coke manufacturer Sino Hua-An International Bhd is planning to diversify into the food and beverage and mobile app segments by acquiring two companies for a total of RM14 million cash
02 April 2019 - MIDA approved auto projects worth RM20.5 bil from 2012-2018
  1. More ​The Malaysian Investment Development Authority (MIDA) approved 396 projects in the automotive industry with investments worth RM20.5 billion from 2012 to 2018
02 April 2019 - Johor identifying areas to relocate factories from Pasir Gudang — Osman
  1. More ​The Johor Government is in the midst of identifying several areas suitable for the relocation of factories from the Pasir Gudang area, said Menteri Besar Datuk Osman Sapian
02 April 2019 - EMS outlook seen bright
  1. More UOBKH expects electronics manufacturing services to draw more jobs
02 April 2019 - Dufu aims to operate metal fabrication plant by June
  1. More Dufu Technology Corp Bhd plans to operate its new metal fabrication production facility by June this year
02 April 2019 - JHM buys factory in Kedah to expand capacity
  1. More ​JHM Consolidation Bhd is buying a factory in Kedah for RM16.6 million cash as part of the group’s plan to expand its production area
01 April 2019 - Nasim targets 15% growth in sales
  1. More Peugeot distributor expects steady demand for 3008 and 5008 SUVs
01 April 2019 - Proton sees 46% jump in March registrations, ahead of rivals
  1. More ​Proton Holdings Bhd recorded a 46.1% year-on-year increase in registrations for March, almost four times the total industry volume (TIV) growth rate of 11.8% for the month
01 April 2019 - Malaysia manufacturers report deteriorating current trend but outlook brightens
  1. More ​Latest purchasing managers index (PMI) data indicated that Malaysian manufacturers continued to face a challenging business environment at the end of the first quarter, with key survey gauges such as output and new orders falling, but that firms also grew more optimistic about the outlook
29 March 2019 - RM4b injection to make Kedah an aerospace, aviation hub
  1. More Kedah will soon be transformed into an aviation and aerospace hub with the injection of almost RM4 billion in investments
29 March 2019 - Technology and R&D key to keeping prices low
  1. More Top Glove says both help reduce mistakes and wastage
29 March 2019 - MIDA targets RM13b E&E investments
  1. More Growth to be supported by strong ecosystem and MNCs' presence, says CEO
28 March 2019 - MAHB to position Malaysia as MRO hub
  1. More Malaysia Airports Holdings Bhd (MAHB) is embarking on its Subang regeneration initiatives to position Malaysia as Asia Pacific's preferred maintenance, repair and overhaul (MRO) hub
28 March 2019 - Airbus set to expand MRO facility
  1. More Company pledges continuous support in Malaysia
27 March 2019 - Foreign boost for local halal market
  1. More ​Over the years, demand for more halal products in the world market has shown a positive impact on Malaysia’s halal industry
27 March 2019 - Aerospace, ship industries continue to show growth
  1. More Malaysia set to become leading aerospace nation by 2030, says Leiking
27 March 2019 - Many nations eager to invest here
  1. More Leading countries in Europe keep to set up joint ventures in aerospace sector, says Dr Mahathir
26 March 2019 - Bring natural gas price down quickly, glove makers urge Gas Malaysia, TNB
  1. More ​Rubber glove manufacturers have called on Gas Malaysia Bhd and Tenaga National Bhd (TNB) to revise the natural gas tariff to be in line with the international prices of liquefied natural gas (LNG) and coal
26 March 2019 - Sapura Industrial diversifies into aerospace components making
  1. More ​Automotive components manufacturer and assembler Sapura Industrial Bhd has entered into a shareholders' agreement with two Japanese aerospace companies to diversify into the manufacturing and assembling of aerospace components for the Malaysian and global markets
26 March 2019 - Sapura Aerospace Technologies to build RM100 mil hi-tech facility
  1. More Sapura Aerospace Technologies, a joint venture between Sapura Industrial Bhd and two Japanese aerospace companies, will be investing RM100 million over the next five years to build a high-technology facility on a 2.02-hectare site in the Greater Klang Valley
26 March 2019 - Government targets RM16 bln revenue from aerospace industry this year
  1. More ​The government aims to generate up to RM16 billion in revenue from the aerospace industry this year, says International Trade and Industry Minister Datuk Darell Leiking
26 March 2019 - Dassault Aviation eyes Malaysia’s business jet segment
  1. More ​French aircraft manufacturer Dassault Aviation plans to further strengthen its presence in Malaysia, particularly in the business jet segment, due to evolving demand from the business community as well as the recent acquisition of a local maintenance, repair and overhaul (MRO) provider
26 March 2019 - Airbus expects US$550m annually from sourcing activities by 2023
  1. More European aircraft manufacturer Airbus is expected to generate about US$550 million (RM2.24 billion) a year from sourcing activity by 2023
25 March 2019 - Silterra poised to contribute to 3rd national car project
  1. More ​Homegrown semiconductor company, Silterra Malaysia Sdn Bhd, has the capability to contribute positively to the development of the local automotive industry especially in the manufacture of the third national car, says chief executive officer Firdaus Abdullah
25 March 2019 - SLP to produce eco-friendly packaging materials
  1. More SLP Resources Bhd will introduce eco-friendly flexible packaging materials into a market that is projected to grow to US$6.12bil by 2023
25 March 2019 - Dassault Aviation prefers Subang Airport for its space advantage over Singapore's Seletar
  1. More Dassault Aviation chose the Sultan Abdul Aziz Shah Airport in Subang to build its maintenance, repairs and overhaul (MRO) hub in Southeast Asia, instead of Seletar Airport in Singapore, due to the space available for expansion
23 March 2019 - Geely aims to sell one million Proton cars in 10 years
  1. More Chinese automaker bent on making Proton No. 1 again
23 March 2019 - Towards factory automation
  1. More Kcom in tie-up with 9 technology service firms to help SMEs adopt smart manufacturing
23 March 2019 - O&G firms to see brighter days
  1. More Wah Seong upbeat as oil majors such as Petronas increase spending
22 March 2019 - New NAP to outline regulatory framework for ‘flying cars’
  1. More The new National Automotive Policy (NAP) will outline the regulatory framework for ‘flying cars’, said the Malaysia Automotive, Robotics and IoT Institute (MARii)
22 March 2019 - Revised NAP aims to boost total export value in next few years
  1. More The revised National Automotive Policy (NAP), which will be unveiled this year, will entail the government's focus on automotive exports with Malaysia being positioned as the production hub in the region
22 March 2019 - Camel Group allocates US$150m for Malaysian ops
  1. More Camel Group Ltd, the largets batteries supplier for Chinese carmaker Geely Automobile Holdings Ltd, has set aside US$150 million (RM609 million) for its Malaysian operations, Camel Power (M) Sdn Bhd
21 March 2019 - Western Digital ready to sell PJ manufacturing site
  1. More ​Western Digital has decided to sell its hard disk drive (HDD) manufacturing facility site at the Sungei Way Free Trade Industrial Zone, Petaling Jaya, where the company has been operating for over two decades
21 March 2019 - MCE bags contracts from Proton and Perodua
  1. More ​MCE Holdings Bhd has secured two contracts to supply various electronic and mechatronic components and parts for Proton and Perodua new car models
21 March 2019 - Top Glove confident of profit growth despite oversupply issues
  1. More Top Glove Corp Bhd, the world's largest manufacturer of gloves, expects its revenue and profit to continue growing despite the current oversupply in the industry
21 March 2019 - Malaysia’s automotive sector needs improvement in many areas, says deputy minister
  1. More ​The national automotive landscape involves many areas of engineering that need to be upgraded, including adapting to new technologies, said Deputy International Trade and Industry Minister Dr Ong Kian Ming
20 March 2019 - MIDA works to boost investments in value-added palm oil-based products
  1. More ​The Malaysian Investment Development Authority (MIDA) will continue to intensify promotional efforts at boosting investments into the production of higher value-added palm oil-based products
20 March 2019 - MIDA woos investors to Malaysia's automotive industry
  1. More ​Technology-driven trends such as diverse mobility, autonomous driving, the move towards electric vehicles, and connectivity will shape the automotive industry in 10 to 15 years’ time, said the Malaysian Investment Development Authority (MIDA)
19 March 2019 - PM: Govt will continue to attract high-value added investments in manufacturing sector
  1. More The government will continue to attract high value-added, high technology and knowledge-intensive investments within the manufacturing sector to complete the value chain in the ecosystem of targeted industries
18 March 2019 - MITI, Terengganu State Govt to collaborate on robotics industry development
  1. More The Ministry of International Trade and Industry (MITI) will collaborate with the Terengganu State government in developing the robotics industry with the participation of local workers
18 March 2019 - Local tech firms urged to focus on innovation
  1. More Pendrive inventor says they should invest in high technology
18 March 2019 - Industry Overview: Knowledge-based development the way forward for E&E players
  1. More Trade tensions, tariff hikes, the slowing global technology cycle and a weakened ringgit are the primary concerns of electrical and electronic (E&E) players in Malaysia. The disappointing export numbers in November last year mirrored the regional trend, but the E&E sector — which accounted for 37% of the country’s total exports — was said to be the main drag
18 March 2019 - Experts upbeat on O&G sector
  1. More Opec output cut, advancements and development in oil-producing countries expected to drive market


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Last Updated : Friday 24th May 2019