Industry News


08 May 2018 - Tan Chong hub to create strategic link among automotive regions
  1. More The RM500 million Tan Chong automotive and Commercial Vehicle Hub in Bagan Datuk, Perak, will create a symbiotic "motor valley" between the industrial regions of Gurun, Penang, Tanjung Malim, Shah Alam and Melaka
05 May 2018 - F&N sees stronger finances in H2
  1. More Company expects festival celebrations to drive sales
04 May 2018 - New Sime facility to produce 10,000 BMW engines a year
  1. More The parts and components are imported from Germany
04 May 2018 - Sime Darby Motors aims to produce 50,000 vehicles in Kulim by 2020
  1. More Sime Darby Bhd’s automotive arm Sime Darby Motors is targeting to produce more than 50,000 vehicles, as well as engine parts and components for the vehicles by 2020 at its manufacturing facility here
04 May 2018 - F&N to spend 'significantly more' on capex in next 18 months
  1. More Fraser & Neave Holdings Bhd (F&N) is planning to spend “significantly more” than RM25 million over the next 18 months to fully debottleneck operations at its dairy plant in Pulau Indah
04 May 2018 - RM5b fund to boost green technology industrial growth
  1. More A RM5 billion fund is provided under the Green Technology Financing Scheme (GFTS) 2.0 to spur green technology industrial in the next five years
04 May 2018 - BMW aims for wider footprint
  1. More Carmaker collaborates with SDAE to open engine assembly facility in Kulim
03 May 2018 - PetChem sets aside RM4.3b capex
  1. More Petronas Chemicals Group Bhd (PetChem) has set aside RM4.3 billion in capital expenditure (capex) for the next two years for the completion of its petrochemical projects at the Pengerang Integrated Complex (PIC) in Johor
02 May 2018 - Hartalega to upgrade ERP system
  1. More Synthetic glove manufacturer Hartalega Holdings Bhd is investing over RM14mil to upgrade its enterprise resource planning (ERP) system as part of its commitment towards realising Industry 4.0
02 May 2018 - FGV to focus on productivity, efficiency improvements
  1. More Diversified plantation group Felda Global Ventures Holdings Bhd’s (FGV) primary focus this year is to continue with productivity and efficiency improvements across all the company’s business operations
02 May 2018 - Malaysia key market for Airbus
  1. More Firm contributes US$400m to economy annually and provides over 4,000 jobs
02 May 2018 - CJ, Arkema investing RM1.2b more
  1. More Total investment for bio-chemistry platform to hit RM3.3b, barely 3 years after operations begin
30 April 2018 - Porex scales up investment in Malaysia, sees increasing demand
  1. More United States based Porex Corp has committed to increasing investments in Malaysia as it sees demand in the region growing at a fast rate
28 April 2018 - Supermax surges as analysts turn upbeat
  1. More Glove maker Supermax Corp Bhd may have gotten its “mojo” back
28 April 2018 - Nestle Malaysia looks set for another good year
  1. More A consistent performer and market leader in the food and beverage (F&B) industry, Nestle (Malaysia) Bhd is on track for another strong performance this year
28 April 2018 - Polymer aims to enter U.S. market
  1. More Company's share close 5 sen higher to 17 sen on LEAP market debut
27 April 2018 - New products to drive sales
  1. More Firm confident of hitting RM400m target and is upbeat on growth, says CEO
27 April 2018 - Government working on National Automotive Policy 2018
  1. More The government has started work on the National Automotive Policy (NAP) 2018, emphasising new generation vehicles, mobility, the Industrial Revolution 4.0 and artificial intelligence, said Prime Minister Datus Seri Najib Razak
27 April 2018 - Auto policy to focus on AI and other areas
  1. More The National Automotive Policy (NAP) 2018, to be unveiled in the third quarter of this year, will focus on aligning the local automotive industry with connected mobility, according to Malaysia Automotive Institute (MAI) chief executive officer Datuk Madani Sahari
26 April 2018 - UMW to divest remaining O&G business by year-end
  1. More UMW Holdings Bhd expects its aerospace component manufacturing plant in Serendah, Selangor, to reach full production in three years’ time
25 April 2018 - Texchem Allocates Rm49m To Expand 3 Divisions
  1. More Texchem Resources Bhd plans to spend RM74mil for existing and new businesses this year to boost the company’s performance
23 April 2018 - Rollout of big projects to drive steel industry in 2018
  1. More Ann Joo MD says steel sector reforms by China augur well for local millers
23 April 2018 - Malaysia to gain from US duties on Chinese plywood imports
  1. More American buyers also turning to exporters from Indonesia
23 April 2018 - BHIC widens reach to air force, army
  1. More Group will also enhance shipbuilding expertise to meet navy's needs
23 April 2018 - MIDA inks MoU with Cosmetic Valley France
  1. More The Malaysian Investment Development Authority (MIDA) signed and exchanged a Memorandum of Understanding (MoU) with Cosmetic Valley France (CVF) during a mission to Paris
21 April 2018 - Pantech bullish on outlook as higher oil price drives O&G activities
  1. More Low profile Pantech Group Holdings Bhd expects to maintain its strong momentum going into its financial year 2019 (FY19), largely driven by improving market conditions both locally and internationally
20 April 2018 - Supply base to be built in Bintulu for O&G industry
  1. More Sarawak will have its own multi-million ringgit integrated supply base in Bintulu next year to serve the needs of oil and gas (O&G) industry
20 April 2018 - BAT grabs bigger slice of market
  1. More However, firm's share price has declined due to illegal cigarette trading
19 April 2018 - CVC wants to gobble up Munchy
  1. More Report: Private equity firm offers RM1.1bil for snack food company
19 April 2018 - Leonardo eyes stronger presence in Malaysia
  1. More Leonardo SpA, an Italian global multinational aerospace, defence and security company (formerly Leonardo Finmeccanica), is poised to grow its business presence in Malaysia with firm commitment to set up helicopter components repair services locally
19 April 2018 - BAE Systems to set up MRO, vocational training centre
  1. More Plan will depend on Malaysia's decision on new combat aircraft purchase
18 April 2018 - MMHE to raise capex by three folds this year
  1. More Fabricator wants to take advantage of busier oil and gas sector
18 April 2018 - MHB sees more jobs as industry recovers
  1. More Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) sees signs of recovery in shipbuilding and heavy engineering segemnt of the upstream oil and gas (O&G) industry due to stronger oil prices
17 April 2018 - South Korea’s Iljin Materials invests RM2.2bil in Sama Jaya Free Trade Zone
  1. More South Korea’s Iljin Materials Co Ltd will invest RM2.2bil in manufacturing facilities to produce copperfoil for batteries in the Sama Jaya Free Trade Zone here
17 April 2018 - Ekuinas busy controlling stake in Flexi Versa
  1. More Ekuinas Nasional Bhd (Ekuinas) is buying a controlling stake in Flexi Versa Group Sdn Bhd at enterprise value of RM330 million
16 April 2018 - SLP ups production capacity
  1. More New plant to enable firm to penetrate China healthcare sector
16 April 2018 - Chin Well to make Vietnam focal point for fastener ops
  1. More Vietnam will play a key role in Chin Well Holdings Bhd’s plans to grow its fastener business
13 April 2018 - Local manufacturing to see sustained growth
  1. More Malaysia's manufacturing sector is seeing sustained growth as slower production in February is seen to be in line with the month's lower purchasing managers index (PMI) readings and electrical and electronics (E&E) export figures
12 April 2018 - Pharmaniaga aims to grow revenue from Indonesia ops
  1. More Pharmaceutical firm Pharmaniaga Bhd aims to grow revenue contribution from its Indonesian operations by 17% to 18% this year
11 April 2018 - MARGMA sees over 10pc export growth
  1. More Orders could rise to RM18b this year as demand outstrips supply
10 April 2018 - Cypark to allocate RM200mil for capital expenditure
  1. More Cypark Resources Bhd will allocate up to RM200mil for capital expenditure (capex) for financial year ending Oct 31 (FY18) on projects related to the concession businesses that it had secured recently
10 April 2018 - CBB enters into JV with China-based Honda Printing to produce boxes
  1. More Century Bond Bhd (CBB), a subsidiary of Kumpulan Perangsang Selangor Bhd (KPS), has entered into a joint-venture (JV) agreement with Chinabased Honda Printing Holdings Ltd (Honda Printing) to produce offset carton boxes for the manufacturing sector
09 April 2018 - Spritzer spending RM65mil to expand warehouse, output
  1. More Bottled water products maker Spritzer Bhd has allocated RM65mil to expand its warehousing facilities and production capacity
07 April 2018 - Hiap Teck back on radar as it eyes turnaround
  1. More Hiap Teck Venture Bhd is back on the radar on the prospects of a turnaround for the loss-making steel pipe manufacturer
06 April 2018 - Malaysia a preferred destination for US firms
  1. More United States electrical and electronics (E&E) companies have invested RM42 billion in Malaysia so far
05 April 2018 - Hiap Teck to sell 20% of Eastern Steel
  1. More Steel pipe company to dispose of stake to Shanxi Jialong for RM139mil
05 April 2018 - Mustapa Mohamed: Malaysia has done well in E&E on US investments
  1. More International Trade and Industry Minister Datuk Seri Mustapa Mohamed said Malaysia has done well in the electrical and electronic (E&E) industry, helped by substantial investments by US E&E companies in Malaysia
04 April 2018 - Top 5 in S-E Asia goal on track
  1. More CCM Duopharma banks on new Effervescent plant to drive push
04 April 2018 - Muar Furniture Park set to spur exports, industry growth
  1. More The development of the Muar Furniture Park in Bakri will be a game changer for the local furniture industry
04 April 2018 - Furniture exports hit RM10.13bil last year
  1. More Malaysia’s furniture exports increased to RM10.13bil last year compared with RM9.52bil in 2016
04 April 2018 - CCM Duopharma aims to move up to second spot
  1. More CCM Duopharma Biotech Bhd aims to move up its ranking as the second among top 10 pharmaceutical companies in Malaysia by value in the next 24 months from third currently, behind Merck Sharp and Dohme Sdn Bhd and Pfizer Pharmaceutical
03 April 2018 - Cutting Down Cost In O&G Sector
  1. More TM ONE provides optimisation solutions for industry faced with the task of using technology to reduce operating cost
02 April 2018 - Tek Seng plans RM20mil investment to produce plastic films
  1. More Tek Seng Holdings Bhd plans to invest around RM15mil to RM20mil to produce plastic film packaging materials for the industrial sector
02 April 2018 - Petronas expands tie-up with Daimler
  1. More Petronas is expanding its involvement in the monitoring sector by participating in engine development for Mercedes Benz car
01 April 2018 - Bahan Datuk to be new automotive hub
  1. More Bagan Datuk will be the country's new automotive hub as two automotive companies are planning to open factories in the district, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said
30 March 2018 - Top Glove plans to buy stake in Duramedical
  1. More Top Glove Corp Bhd plans to acquire a 85% stake in latex-based product manufacturer Duramedical Sdn Bhd in a move to diversify into the medical-related product segment
30 March 2018 - Greater KL region draws in RM4.5bil investments from MNCs
  1. More The greater Kuala Lumpur region has seen foreign multinational companies (MNCs) plough in 41%, or RM4.5bil, of the RM11.07bil of approved and committed investments between 2011 and last year
30 March 2018 - World's first halal laboratory launched
  1. More The launch of the world's halal laboratory - the Malaysia Halal Analysis Centre (MyHAC) here - is proof that the government's promises, especially in the development of Islam
29 March 2018 - Petronas, Aramco form two JVs
  1. More Joint ventures give parties equal ownership and participation in Rapid operations
29 March 2018 - CIDB sees higher IBS uptake
  1. More CIDB sees higher implementation of the Industrialised Building System (IBS) among industry players, especially in the private sector
26 March 2018 - Mah: Rubber glove exports set to hit RM20b by 2020
  1. More Malaysia's exports of rubber gloves are expected to hit RM20 billion by 2020 given the growth recorded annually, said Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong
26 March 2018 - Gear up for higher sales
  1. More MAA maintains forecast for above 2pc growth to 590,000 units this year
25 March 2018 - OSH challenges in Industry 4.0
  1. More The integration of computation, networking and physical processes that characterises the 4th Industrial Revolution poses challenges to occupational safety and health (OSH)
24 March 2018 - Aramco's US$7b investment in Rapid a huge boost to sector
  1. More The oil, gas and energy sector has exceeded its key performance indicator target last year
23 March 2018 - MAA sees 2% increase in car production for 2018
  1. More The Malaysian Automotive Association (MAA) is forecasting a 2% increase in car production for 2018
23 March 2018 - Lay Hong invests in liquid egg factory in Johor
  1. More Lay Hong Bhd is investing in a new pasteurised liquid eggs processing facility in Iskandar Halal Park in Pasir Gudang, Johor, to cater to demand from the southern region and Singapore, and address logistical costs
23 March 2018 - Scientex upbeat on continued growth this year
  1. More Scientex Bhd is eyeing continued growth in its manufacturing and property operations this year, after posting a slight increase in net profit to RM140 million for the first half ended January 31
22 March 2018 - Red Sena has appetite for Munchy Group
  1. More Firm plans to take over Johor-based biscuit maker
22 March 2018 - Elektrisola: a model corporate citizen
  1. More The world's leading manufacturer of enamelled copper wire invested RM650 million over the last 25 years to grow its business in Malaysia, created more than 1,000 jobs for locals
22 March 2018 - Petronas allocates RM26b upstream capex
  1. More Amount is only about half of RM55b set aside for this year
22 March 2018 - Creation of Petros to open up local O&G market further, says Moody's
  1. More The setting up of Sarawak's oil and gas (O&G) firm, Petroleum Sarawak Bhd (Petros), will potentially increase foreign direct investment (FDI) in the sector, said Moody's Investors Service
22 March 2018 - Chemical industry set to grow further this year
  1. More Malaysia’s chemical industry is poised to continue growing this year, with approved investments in the chemical and chemical products sectors to surpass the RM4.1bil chalked up in 2017 if more big players participate in the Refinery and Petrochemical Integrated Development (Rapid) project
21 March 2018 - Aramco’s RM7bil investment in Rapid by end of the month
  1. More Rahman says negotiation for the Johor project has concluded
21 March 2018 - Talks on Aramco's RAPID investment completed
  1. More Success shows international investors' confidence in Malaysia, says Rahman
21 March 2018 - O&G players should remain vigilant, says Wan Zulkiflee
  1. More Oil and gas (O&G) players should keep their operating costs in check and continue to remain vigilant
21 March 2018 - Baker Hughes eyes more oilfield services projects in Malaysia
  1. More Baker Hughes, a full stream oilfield services company, will bid for more oilfield services projects in Malaysia
21 March 2018 - Malaysia remains country of focus for Baker Hughes
  1. More Malaysia will continue to be a key South-East Asian country of focus for Baker Hughes this year, while expecting the country's oil and gas sector to record moderate growth in the second half of 2018 (H218)
20 March 2018 - Lafarge wins RM270mil cement supply deal for ECRL
  1. More Lafarge Malaysia Bhd’s subsidiary has secured a RM270mil contract to supply cement to China Communications Construction (ECRL) Sdn Bhd (CCC) for the proposed East Coast Rail Link (ECRL) project
20 March 2018 - Selangor eyes RM7b investments in manufacturing sector this year
  1. More Invest Selangor Bhd, the state's investment promotion agency, aims to secure RM7 billion in approved investments in the manufacturing sector last year
19 March 2018 - Leader Steel expects higher demand for its products
  1. More Group MD says business likely to pick up in the second half
19 March 2018 - Eonmetall to set up production facility for 'Constructor' racking products
  1. More Eonmetall Group Bhd has obtained the rights to manufacture the "Constructor" brand of static racking products from Norway's Gonvarri Material Handling AS
17 March 2018 - Proton may benefit from Geely's stake in Daimler
  1. More National carmaker may get access to new markets, electric car technologies
17 March 2018 - Maric: Railway industrial park plan on track by Q2
  1. More The Malaysian Rail Industry Consortium (Maric) plans to create a railway industrial park, an initiative step towards streamlining a centralised industrial ecosystem that us being addressed by the government
14 March 2018 - It is showtime for Kotra now, says its chief
  1. More It is now showtime for Kotra Industries Bhd, says its managing director Jimmy Piong Teck Onn, who expects the company to reap the harvest of the RM180 million it invested in the past decade
14 March 2018 - Mustapa: Malaysia aims to grow aerospace industry by 5pc this year
  1. More The country's aerospace industry is expected to grow five per cent this year, with the aerospace manufacturing sector contributing 54 per cent of the overall revenue
13 March 2018 - New era for Naza automotive business
  1. More The Naza group is transforming itself as an exporter, regional distributor and valuable partner to French automotive firm Groupe PSA in strengthening its presence in the Asean markets
13 March 2018 - High demand for petrochemicals
  1. More Research house says tight supply is fuelling healthy margins
13 March 2018 - Cash call likely for UMW
  1. More It may sell new shares to raise funds for takeover of MBM
13 March 2018 - Subang Aerotech Park to attract over RM1b investments in 5 years
  1. More The Subang Aerotech Park for Senior Aerospace UPECA’s built-to-suit manufacturing plant and office facility that will serve its global supply chain is anticipated to attract over RM1 billion in investments within the next five years
12 March 2018 - OM Sarawak to invest in Samalaju sinter plant
  1. More OM Materials (Sarawak) Sdn Bhd (OM Sarawak) is planning to invest in a sinter plant in Samalaju Industrial Park in Bintulu although no details have been provided on the investment costs and the timetable for the construction of the plant
12 March 2018 - Johor can maintain No. 1 position for manufacturing sector investments
  1. More Johor is confident of maintaining the state’s position as the leading investment destination in the country for the manufacturing sector this year
12 March 2018 - Hartalega to increase annual glove output to 32b pieces
  1. More Nitrile glove manufactuter Hartalega Holdings Bhd aims to increase annual production to about 32 billion pieces by March 2019 from some 27 billion pieces now, as the company focuses on organic growth via capacity expansion
12 March 2018 - Local furniture makers unfazed by Trump’s protectionism
  1. More Local furniture players are not that concerned about US President Donald Trump’s tough trade stance, although the US is Malaysia’s largest export market
12 March 2018 - Cuckoo plans RM100m factory
  1. More Port Klang purifier plant set to cater to regional demand, says South Korean firm
10 March 2018 - RM1b offer for Perodua, MBM stake
  1. More UMW says looking to increase exposure in commercial vehicle segment
10 March 2018 - MFC to help furniture industry meet RM12b export target
  1. More The Malaysian Furniture Council (MFC) aims to increase furniture exports to emerging markets, including China, in line with the industry’s aspirations to meet an export target of RM12 billion by 2020
09 March 2018 - Malaysia to monitor impact of planned US tariffs
  1. More Malaysia will continue to monitor the impact of the tariffs imposed by the United States on steel and aluminium imports as well as the reaction from other countries
09 March 2018 - Malaysia observing US steel tariffs development
  1. More Ka Chuan: Government wants to be prudent on the matter
09 March 2018 - DRB-Hicom to buy land in RM1.9bil deal
  1. More Firm to sell assets and hospitality business for industrial land in Johor
08 March 2018 - Sarawak spells out rules on O&G ops and activities
  1. More State to assume full regulatory authority by July


Malaysia Rankings

Announcement / Media Release


Services News

Cross Border News

Last Updated : Wednesday 23rd May 2018