Industry News


22 February 2018 - New vehicle sales fall in January
  1. More MAA expects lower volume this month as well due to shorter working month
22 February 2018 - D&O expects double digit growth
  1. More D&O Green Technologies expects double digit revenue growth for the next five years or more as global carmakers adopt new technologies
21 February 2018 - Nestle net profit doubles to record high
  1. More Better results driven by improvement in supply chain efficiency
20 February 2018 - Mah: Malaysia to dominate world market for rubber gloves
  1. More Given the strong export performance in 2017, Malaysia is expected to continue dominating the world market for rubber gloves, especially medical gloves, for use in the healthcare sector
20 February 2018 - Rubber glove exports hit all-time high
  1. More Up 19.4pc to RM15.9b last year on synchonised recovery in global growth and demand, says minister
19 February 2018 - QES to expand manufacturing ops, eyes higher margin
  1. More QES Group Bhd plans to expand its manufacturing operations and is targeting a higher profit margin after its listing on the Ace Market next month
15 February 2018 - Iskandar Halal Park appoints new CEO
  1. More Iskandar Halal Park, previously known as Johor Halal Park — a joint venture collaboration between United Malayan Land Bhd and Johor State via PIJ Holdings Sdn Bhd, today announced the appointment of Ahmad Lokman Ibrahim as its new chief executive officer
14 February 2018 - Wegmans aims to raise RM29m
  1. More Group plans to channel most of proceeds into improving manufacturing facilities
13 February 2018 - Proton’s Tanjung Malim plant can spur E&E industry in Perak
  1. More With Perusahaan Otomobil Nasional Bhd’s (Proton) new plant in Tanjung Malim to be fully operational soon, Perak is set to be an attractive choice for foreign investors in the electrical and electronics (E&E) industry
13 February 2018 - Ajinomoto plans to build plant in Bandar Baru Enstek
  1. More The proposed land acquisition is in line with Ajinomoto’s long-term plans of growing its operations
13 February 2018 - Wegmans to raise RM29m to build new factories
  1. More ​Wegmans Holdings Bhd aims to raise RM29 million from its initial public offering (IPO) in conjunction with the furniture maker's planned listing on the ACE Market of Bursa Malaysia
13 February 2018 - Orgkhim unit to build US$50m plant
  1. More Johor facility to supply markets in Asia-Pacific region
13 February 2018 - Ajinomoto plans to buy land in Enstek
  1. More Ajinomoto (Malaysia) Bhd plans to pay RM86.08 million for a parcel of freehold land in Techpark @Enstek in Negeri Sembilan
12 February 2018 - GUH plans expansion at Penang and China PCB ops
  1. More Group wants to ride on rising global demand for home appliances
12 February 2018 - Elsoft to ship more test equipment in first half-year
  1. More Elsoft Research Bhd will ship out 40 units of test equipment in the first half of 2018, compared to 30 in the same period last year
12 February 2018 - Aerospace sector sees RM1b deals
  1. More Avionics and aerostructure manufacturing on upward trend, aero-engine component segment starting to pick up pace
08 February 2018 - Proton outlines 10-year growth plan
  1. More Firm aims to be a top-three carmaker in South-East Asia
08 February 2018 - Malaysia imposes anti-dumping duties on cold-rolled stainless steel
  1. More The government has concluded the anti-dumping investigation concerning imports of cold-rolled stainless steel (CRSS) and decided to impose the final affirmative anti-dumping duties, effective for five years, from today to Feb 7, 2023
07 February 2018 - PERI Group sets up first manufacturing base in Malaysia
  1. More PERI Group, the world's largest producer of formwork and scaffolding, has opened its first manufacturing base in the country for its low-weight formwork system through an agreement with Luster Industries Sdn Bhd (Luster)
07 February 2018 - Boston Scientific bullish on Penang plant
  1. More Boston Scientific Corp, a global developer, manufacturer and marketer of medical devices, aims to grow by more than 10% per annum in Penang from 2019 onwards
06 February 2018 - Perodua to spend RM5b on parts ad components
  1. More Carmaker says 132 local vendors stand to benefit from plan
05 February 2018 - Peterlabs catches Fatfish Ventures
  1. More Entry of investment firm raises profile of little known biotech company
05 February 2018 - ‘Malaysia’s manufacturing activity to continue to expand in 1H’
  1. More Manufacturing activity in Malaysia kicked off the year on a positive note, in line with expectation of a strong first half (1H)
03 February 2018 - T7 Kilgour plant expected to start ops next year
  1. More Malaysia has now emerged as one of major destinations for global aerospace investments, following T7 Kilgour Sdn Bhd's commitment yesterday to invest Rm200 million in a specialised metal treatment plant for the aerospace industry
03 February 2018 - PIC set to be region's new O&G hub
  1. More Complex, slated for operations in Q1 next year, can be strong competitor to Singapore
03 February 2018 - Small increase in January manufacturing performance
  1. More The headline Nikkei Malaysia Manufacturing Purchasing Manager's Index (PMI) rose to 50.5 last month from 49.9 in December last year, with a marginal improvement in operating conditions across the country's manufacturing sector
03 February 2018 - Steel recovery seen sustainable
  1. More Local mills spurred by growing demand as major projects roll out
01 February 2018 - Press Metal to raise output of value-added products
  1. More Company wants them to make up 50% of total production by year-end
01 February 2018 - JHM to produce box-built equipment in bid to depend less on auto lighting
  1. More JHM Consolidation Bhd will produce box-built equipment for the telecommunications, test measurement and medical device industries this year to reduce dependency on the automotive lighting segment
01 February 2018 - AJB in tie-up to produce vaccine for meningitis in Malaysia
  1. More AJ Biologics (AJB) Malaysia has teamed up with Hilleman Laboratories and AJ Vaccines (AJV) to develop the world's first animal component free vaccine for meningitis in Malaysia
28 January 2018 - Bagan Datuk To Have Truck & Lorry Assembly Plant
  1. More A plant to assemble trucks and lorries will be developed here, as among the efforts to provide jobs to local residents especially the youth community, said Datuk Seri Dr Ahmad Zahid Hamidi
26 January 2018 - US tariffs to hit local PV companies
  1. More Tariffs seen eroding market share of Malaysian photovoltaic makers
26 January 2018 - Pengerang Integrated Complex on track for overall start up in Q1 next year
  1. More Petroliam Nasional Bhd’s (Petronas) largest downstream project, Pengerang Integrated Complex (PIC), is on track for overall start up in the first quarter of next year
26 January 2018 - Petronas to focus on 3-pronged plan
  1. More National oil firm looking at ways to extend value chain of its business
26 January 2018 - Cypark wins RM260.5m solar plant job in Negeri Sembilan
  1. More Cypark Resources Bhd has bagged a contract worth RM260.51 million for works related to a large-scale solar photovoltaic (PV) plant in Negeri Sembilan
25 January 2018 - F&N expects extra revenue of RM300mil
  1. More Beverage company adding capacity to its dairy plant
24 January 2018 - RM8.4bil methanol plant to be built in Bintulu
  1. More A RM8.4bil methanol plant project is to be implemented in Sarawak Corridor of Renewable Energy (Score) in Bintulu
24 January 2018 - Proton ends equity tie-up with Goldstar and Lotus
  1. More JV company fails to get manufacturing licence within timeframe
24 January 2018 - Petchem to invest RM6b-RM7b in new plants over 15 years from 2020
  1. More Petronas Chemicals Group Bhd (Petchem) will be investing “roughly RM6 billion to RM7 billion” in new plants to produce derivatives and specialty chemicals over a 15-year period from 2020
24 January 2018 - Karex sets RM90m capex to increase automation at plants
  1. More Condom maker Karex Bhd is setting aside Rm90 million in capital expenditure (capex) to increase automation in its manufacturing processes and rely less on manual labour
24 January 2018 - Malaysia in advanced talks with solar panel maker for investment
  1. More East Coast Economic Region Development Council is in advanced discussions with a solar panel manufacturer from the Asia Pacific region to invest in Malaysia and doesn’t see the U.S. tariff decision as hurting its ability to draw investments
24 January 2018 - MAA: Automotive sector TIV to speed to 590,000 units
  1. More Increase expected to be supported by economic growth of up 5.5pc this year
23 January 2018 - Mamee to adopt robotics technology worth RM2mil
  1. More Food and beverage manufacturer Mamee-Double Decker (M) Sdn Bhd will be adopting Japanese robotics technology worth RM2mil for its instant cup noodles production beginning next month
23 January 2018 - Top Glove says M&A could bring double-digit growth
  1. More Top Glove Corp Bhd said its financial health is not compromised as it hunts for more mergers and acquisitions (M&A), given that a combination of organic and inorganic growth could boost its top and bottom lines by a double-digit growth
22 January 2018 - CCMB investing RM90mil to boost capacity
  1. More Chemical Co of Malaysia Bhd (CCMB) is investing almost RM90mil to boost its capacity.
19 January 2018 - CCM to raise plant output
  1. More Chemical Co of Malaysia Bhd (CCM) is spending RM68.5mil to increase the chlor-alkali product output at its plant in Pasir Gudang, Johor
17 January 2018 - Semiconductor Industry Remains On Positive Path
  1. More
16 January 2018 - Kinsteel plans new furnace
  1. More Put in place a new debt restructuring scheme involving some RM800 million outstanding bank borrowings, court new investors to inject fresh funds and build a new steel furnace — these are among the key things Practice Note 17 steelmaker Kinsteel Bhd intends to achieve to regularise its condition
15 January 2018 - BBS Automation to expand facility
  1. More BBS Automation Sdn Bhd plans to expand the production floor of its plant in Penang Science Park, Bukit Minyak next year
15 January 2018 - Pertama Ferroalloys to achieve full production in June
  1. More Within two years of full operation, we plan to switch to production of value-added products for the steel industry
15 January 2018 - Tan Chong Motor making a comeback
  1. More Robust ringgit, new launches are catalysts to improve earnings
13 January 2018 - Top Glove to buy Aspion for RM1.37bil
  1. More Firm will become global leader in surgical glove manufacturing following acquisition
13 January 2018 - Positive manufacturing momentum likely to continue
  1. More Positive manufacturing momentum, in terms of production and sales, is expected to continue, said AmResearch
12 January 2018 - 283 BioNexus firms set up ops in Malaysia, create 10,665 jobs
  1. More A total 283 BioNexus companies had been set up in Malaysia as of December last year, with approved investments worth RM6.81 billion, an increase of 2.2 per cent compared with RM6.66 billion as of 2016
12 January 2018 - HLT plans to venture into glove making
  1. More HLT Global Bhd, which designs and installs glove-dipping lines, plans to acquire a 55% stake in HL Rubber Industries (HLRI) for RM33mil to diversify its glove manufacturing business
11 January 2018 - Malaysia Nov 2017 industrial output up 5% on year
  1. More Malaysia's industrial production index (IPI) rose 5% in November 2017 from a year earlier, as manufacturing, mining and electricity output grew
10 January 2018 - Strong 2017 and firmer 2018 seen for semicon equipment industry, says SEMI chief
  1. More In a review of the semiconductor equipment and materials sector, U.S.-based Semiconductor Equipment and Materials International (SEMI) president and CEO Ajit Manocha said 2017 was a terrific year for SEMI members and forecast a stong 2018 as well
08 January 2018 - Robust demand for chips
  1. More Globetronics gets unprecedented growth in product orders, expects sterling first quarter
03 January 2018 - NAP may be updated this year
  1. More Changes to take into account industry's role in wider context of connectivity and mobility
03 January 2018 - Petronas sees new oil prospect
  1. More Company expects 50 greenfield, brownfield developments in 2018-2020
02 January 2018 - Perodua sees minimal TIV growth this year
  1. More 590,000 unit target 'challenging to achive', says CEO
28 December 2017 - Karyon buys factory in Johor for RM6.7m
  1. More Karyon Industries Bhd is spending RM6.7 million to acquire a 3,842-square metre land in Plentong, Johor, along with buildings erected on it to set up additional manufacturing line in future and increase storage capacity
28 December 2017 - Ortus to leverage Malaysia's leading role in wellness industry
  1. More The global wellness and beauty industries are growing at an impressive rate and Malaysian firms are capitalising on this trend by setting up bigger centres to attract customers
28 December 2017 - Trio in bid to groom local SMEs
  1. More Pentamaster-Walta-ViTrox JV's automation project to assist firms on production of precision machine parts
25 December 2017 - Proton-Perodua rivalry to boost auto sector in 2018
  1. More Competition between carmakers intensifies as orders rise for new Myvi
21 December 2017 - GBH to buy factories and land for RM143mil
  1. More Firm to diversify into construction and property development business
21 December 2017 - Datasonic launches factory to manufacture new e-passports
  1. More Datasonic Group Bhd has today launched its new factory in Petaling Jaya to manufacture the new generation of the electronic international Malaysian passport (e-passport)
20 December 2017 - Industry Players Must Emulate Petronas
  1. More The surge in the price of crude oil in the 2000s was the catalyst that led to the Goldilocks period that transformed the local oil and gas (O&G) services and equipment (OGSE) players
20 December 2017 - Top Glove set to stretch earnings
  1. More Completion of 2 factories next year to boost production capacity by 78 lines
16 December 2017 - SCGM on track for expansion
  1. More Thermoform food packaging manufacturer eyes new growth areas
16 December 2017 - KLK finalising acquisition of Dutch chemicals maker
  1. More Kuala Lumpur Kepong Bhd (KLK) is now close to acquiring a Netherland-based surfactant chemicals manufacturer as it seeks to strengthen its presence in the oleochemicals segment
15 December 2017 - Proton’s top dealers visit Geely operations in China
  1. More I was sceptical at first but from the moment I sat in the Boyue, I knew this was the right vehicle for Proton’s new image
14 December 2017 - Ekuinas buys Davex for RM255mil
  1. More Acquisition is its largest investment in the manufacturing sector to date
13 December 2017 - Malaysia's IPI gains 3.4pc in October
  1. More Manufacturing sales posted strong growth of 1pc rising to RM66.3b, says Statistics Department
13 December 2017 - KW Machinery plans IPO within 5 years to fund overseas expansion
  1. More KW Machinery Sdn Bhd, which is involved in marketing and sales of imported heavy-duty vehicles and machinery, is eyeing an initial public offering (IPO) on Bursa Malaysia to fund its overseas expansion
13 December 2017 - EEV penetration rate to hit 80pc by 2022
  1. More The penetration rate of energy efficient vehicles (EEVs) in the country is expected to reach 80 per cent of total industry volume (TIV) by 2022
12 December 2017 - Third line in the works for Thong Guan
  1. More The strong global demand for nano-layer stretch films has pushed packaging firm Thong Guan Industries Bhd to plan for a third line to be up by end-2018
12 December 2017 - Thong Guan looking to export organic noodles to China
  1. More Last Friday, Thong Guan Industries Bhd held its third-quarter financial year 2017 (3QFY17) results briefing, which was led by its executive director Alvin Ang.
12 December 2017 - Industrial output may grow 4.2pc
  1. More Manufacturing likely to stay as primary growth driver
11 December 2017 - Paving the way for potential growth
  1. More Manufacturer set to multiply business with his own formulated products
09 December 2017 - Adapt to changing trends, firm urged
  1. More MTC says players must upgrade quality and production efficiency
07 December 2017 - Ajinomoto eyes 50% sales growth in two years
  1. More Firm to launch new food-based products and beef up sales team
06 December 2017 - Pharmaniaga partners Delhi lab, MoF to manufacture halal vaccines
  1. More Pharmaniaga Bhd is partnering Delhi-based MSD Wellcome Trust Hilleman Laboratories Private Ltd (Hilleman) and a ministry of finance (MoF) entity to develop and manufacture halal vaccines to be incorporated in Malaysia’s national immunisation programmes
06 December 2017 - Pharmaniaga investing RM100m to produce halal vaccines
  1. More Pharmaniaga Bhd is investing RM100 million in the next five years to make halal and affordable vaccines for the domestic and export markets
06 December 2017 - Fibertex opens RM257m Sendayan Techvalley plant
  1. More Facility to meet rising demand for non-woven fabrics in Asian hygiene market
05 December 2017 - Cypark to build solar PV plant in Negeri Sembilan
  1. More Cypark Resources Bhd has been awarded a contract by the Energy Commission (EC) to build a large-scale solar photovoltaic (PV) plant of 30MWac (43.18-MWdc) at Empangan Terip, Negeri Sembilan
04 December 2017 - SCB powers up cable sales
  1. More Group aims to be major supplier of digital infrastructure jobs in the country
04 December 2017 - Glove makers to tweak prices to deal with rising costs, says MARGMA
  1. More Local glove manufacturers will tweak their prices to match up with rising cost, according to Malaysian Rubber Glove Manufacturers Association (MARGMA) president Denis Low Jau Foo
02 December 2017 - Can steel stocks maintain their momentum?
  1. More Medium-term prospects for the industry continue to look promising
02 December 2017 - MHI tracking Malaysian opportunities
  1. More Japanese group pursuing manufacturing, LNG and large infrastructure jobs
01 December 2017 - Glovemakers can cover price hike
  1. More Research firm expects them to manage despite higher cost of gas
30 November 2017 - UP ties up with Fuji Oil to build RM145mil plant
  1. More Plant to produce and sell high value-added palm oil fractions
30 November 2017 - UMW delivers 1st fan case to Rolls Royce
  1. More It positions Malaysia as top aerospace manufacturer in region
29 November 2017 - UMW Holdings delivers first aircraft engine fan case to Rolls Royce
  1. More UMW Holdings Bhd has delivered its first fan case to Rolls Royce just over two years since its RM750 million venture into high-value aerospace manufacturing
28 November 2017 - Shinsegae-Mamee JV to market halal products globally
  1. More Mamee Double Decker (M) Sdn Bhd (Mamee) has teamed up with South Korea’s Shinsegae Food to produce halal food products for Islamic countries, said group chief executive officer Tan Sri Pang Tee Chew
28 November 2017 - Malaysia’s Oil Journey
  1. More Striking huge amounts of commercially viable oil has often not meant automatic riches for a country. Many nations have fallen by the wayside to the resource curse where the abundance of oil and gas (O&G) resources has never translated into long-term economic prosperity
27 November 2017 - EG Industries to spend RM30m on plant expansion
  1. More EG Industries Bhd, an electronic manufacturing services (EMS) company, has allocated RM30 million for capital expenditure in its 2018 financial year to enlarge its plant in Sungai Petani, Kedah, from 20,002 sq m to 24,154 sq m
27 November 2017 - SLP targets to sell more plastic packaging products
  1. More SLP Resources Bhd is targeting to sell 15,500 tonnes of flexible plastic packaging products this year – a strong single-digit percentage improvement over 2016
27 November 2017 - Osram plans to invest up to RM4.9bil in new plant
  1. More Company says it can expand the facility in two additional stages
27 November 2017 - Mustapa: Value of E&E exports from M’sia to exceed RM300bil this year
  1. More The value of electronic and electrical (E&E) exports from Malaysia should exceed RM300bil this year


Malaysia Rankings

Announcement / Media Release


Services News

Cross Border News

Last Updated : Wednesday 21st February 2018