Malaysia’s manufacturing sector is well-positioned to benefit from robust investment activities and sustained external demand, RHB Investment Bank Bhd (RHB IB) said. However, in a note today, the bank expressed caution over the potential impact of protectionist policies under the new United States (US) administration, which could affect trade performance and the manufacturing sector in...Read More

Malaysia’s manufacturing sector is likely to sustain positive growth, buoyed by resilient domestic demand and gradual improvements in supply chain conditions.  Public Investment Bank Bhd (PublicInvest Research), however, said downside risks to external demand remain elevated, mainly in the second half of 2025 (2H25), as subdued global growth prospects and escalating geopolitical tensions weigh on...Read More

The value added gross domestic product (GDP) for the manufacturing sector increased to RM97.4 billion in the third quarter of 2024 compared to the same period in 2023, said the Ministry of Investment, Trade and Industry (Miti). The ministry said the amount showed an increase of 5.5% or RM5.1 billion from the RM92.3 billion recorded...Read More

The Investment, Trade and Industry Ministry (Miti) is confident of achieving the first-year targets of the New Industrial Master Plan 2030 (NIMP 2030), having already fulfilled three of the main indicators set, according to its minister Tengku Datuk Seri Zafrul Abdul Aziz. Following the launch of NIMP 2030 on Sept 1, 2023, the manufacturing sector’s...Read More

The Investment, Trade and Industry Ministry (MITI) is confident of achieving the first-year targets of the New Industrial Master Plan 2030 (NIMP 2030), having already fulfilled three of the main indicators set, according to its minister Tengku Datuk Seri Zafrul Abdul Aziz. Following the launch of NIMP 2030 on Sept 1, 2023, the manufacturing sector’s...Read More

Malaysia’s manufacturing sector is expected to continue expanding until the end of 2024, following a solid growth in July which marks its highest since February 2023, economists said. This will be driven by a technology upcycle, recovery in export-oriented sector and rising demand for artificial intelligence. Semiconductor devices, integrated circuits, transistors and valves’ exports collectively...Read More

There is a need for the manufacturing sector to embrace digitalisation to attract young talent, said programme director of the philosophy, politics and economics programme at Taylor’s University Professor Dr Ong Kian Ming. Automation and artificial intelligence are key drivers for attracting young talent as they go beyond traditional factory jobs and offer exciting opportunities...Read More

Selangor recorded a staggering RM100.38 billion in approved foreign investments in the manufacturing sector from 2008 to the first quarter of this year, the State Legislative Assembly heard today.  According to state executive councillor for investment Ng Sze Han, these investments helped create a total of 169,775 job opportunities in Selangor involving 1,955 approved projects. ...Read More

The manufacturing sector, under the purview of the Ministry of Investment, Trade and Industry (MITI) and the Malaysian Investment Development Authority (MIDA), recorded RM194.9 billion worth of approved investments from January 2023 to March 2024. This involved 1,135 projects that created 91,930 new job opportunities. MITI said that foreign investments contributed RM166.6 billion or 85.5...Read More

There needs to be a new paradigm shift in the manufacturing sector to get more local people to work in the industry, says Liew Chin Tong. The Deputy Investment, Trade and Industry Minister said there needs to be a new mindset so that more Malaysians can be hired to work in the sector. “If companies...Read More

The Investment, Trade and Industry Ministry (Miti), through its agencies, is working with the Entrepreneur and Cooperatives Development Ministry (Kuskop) to address the issue of Bumiputera companies’ low participation in the manufacturing sector.Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said among the main challenges is the lack of access to financing...Read More

Malaysia saw a total of RM152 billion approved investments for the manufacturing sector in 2023, of which RM46.1 billion were realised last year, involving 445 projects, according to the Ministry of Investment, Trade and Industry (Miti). The achievement, which created 29,693 jobs, is deemed “encouraging”, considering that the projects have been able to be implemented...Read More

The nation’s manufacturing sector, which is one of the key economic sectors, is expected to strengthen in the coming months owing to improvement in the export-oriented sector. Economists are anticipating the country’s external trade to improve and exports to further improve in the near term, partly attributing to the improvement in China’s economy and in...Read More

The government needs to introduce value-added and transformation in the rubber industry to ensure the competitiveness of the commodity, said Tenom Member of Parliament Riduan Rubin. Riduan lamented that the current drop in rubber prices to around RM2.80 has resulted in many rubber tappers refusing to continue and shifting to other crops, causing the country...Read More

A shift from quantity to quality employment and emphasis on local talents is imperative to foster progressiveness  The manufacturing sector, despite a marginal rebound of 0.1% growth in the last quarter of last year (4Q23), faces challenges to continue its momentum into 2024 due to the expected moderation of the export-oriented segments.  According to the...Read More

Malaysia’s manufacturing sector is expected to see a robust recovery in the second half of 2024 (2H24), and the manufacturing index is forecasted to expand 4.6 per cent this year, said Kenanga Investment Bank Bhd (KIB). In a note, it said the manufacturing sector’s recovery will be driven by the technology upcycle in 2H24 and China’s gradual post-pandemic recovery. “The...Read More

As part of Malaysia Madani Economy framework, the government is prioritising manufacturing as the country new growth engine. To achieve this, it is becoming increasingly important to adopt digital technologies within and beyond the factory walls. Digitalisation in manufacturing offers numerous benefits, including improved efficiency, increased productivity, and the ability to monitor, analyse, and resolve...Read More

Kuala Lumpur, 22 February 2021 – The Malaysian Investment Development Authority (MIDA) is partnering with CETIM (the French leading Technical Centre for Mechanical Industry), through a Memorandum of Understanding (MOU) to encourage, promote and facilitate cooperation in the niche engineering and manufacturing technology including in emerging fields such as Smart Manufacturing, Industry 4.0 and Circular...Read More

Kuala Lumpur, 9 November 2020 – Malaysia continues to be a competitive location for manufacturing projects. In the first nine months of 2020, a total of 740 projects worth RM65.3 billion were approved compared with RM56.0 billion in 669 projects in the corresponding period of 2019, representing an increase of 16.6 per cent in capital investments....Read More