The Federation of Malaysian Manufacturers (FMM) is looking forward to more long-term measures to support the manufacturing sector as greater transformation needs to take place to move towards more high-technology and high value-added products and operations. Speaking at a session titled “Working Together to Achieve the NRP (National Recovery Plan)”, in conjunction with the National...Read More

More than 98 percent of workers in the manufacturing industry registered under the Public-Private Partnership Covid-19 Industry Immunisation Programme (PIKAS) have received at least the first dose of the vaccine shot. Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali said PIKAS had performed very well and helped expedite the vaccination rates...Read More

Registration for the Program Imunisasi Industri Covid-19 Kerjasama Awam-Swasta (PIKAS) for the manufacturing sector will be expedited with the implementation of online registration at http://pikas.miti.gov.my. Deputy Minister of International Trade and Industry (MITI) Datuk Lim Ban Hong said PIKAS had received encouraging response and had helped support the acceleration of vaccination rates for Malaysians. “Companies...Read More

The Public-Private Partnership Industrial COVID-19 Immunisation Programme (PIKAS) is expected to be able to control the spread of COVID-19 in the manufacturing sector, hence smoothen the implementation of the National Recovery Plan. Prime Minister Tan Sri Muhyiddin Yassin said based on the Ministry of Health’s (MOH) report, the sector should be given attention as it...Read More

The Federation of Malaysian Manufacturers (FMM) has lauded the government’s efforts to expedite Covid-19 immunisation in the manufacturing sector through Program Imunisasi Industri Covid-19 Kerjasama Awam Swasta (PIKAS). In a statement today, FMM president Tan Sri Soh Thian Lai said the Ministry of International Trade and Industry (MITI) had been tasked with the support of...Read More

The ASEAN manufacturing sector sustained its recovery in May as output and new orders increased for the third consecutive month. According to the latest data of the IHS Markit Purchasing Managers’ Index (PMI) released today, the headline PMI was registered at 51.8 in May, slightly lower than 51.9 in April, signalling a third consecutive month...Read More

The Malaysian manufacturing sector continued to recover in May as firms reported a second consecutive expansion of new orders but stricter measures to combat a renewed surge in Covid-19 infections had an adverse impact on production volumes, American-British information provider IHS Markit said. Chief business economist Chris Williamson said May saw a welcome upturn in new orders...Read More

The Sabah government aims to boost the manufacturing sector’s contribution to the state’s Gross Domestic Product (GDP) to about RM20 billion by 2030, said Deputy Chief Minister Datuk Joachim Gunsalam. Joachim, who is also Sabah Industrial Development Minister, said the sector currently contributed only RM6.47 billion, mainly due to the lack of downstream processed products...Read More

Trade performance for March 2021 showed the sector has continued its upward trajectory with exports growing by 31% to hit RM105b Improved demand particularly in exports for the manufacturing sector across Asia is one of the key factors that have contributed to its recovery, especially in Malaysia. Trade performance for March 2021 showed the sector...Read More

With the Malaysian manufacturing sector’s new orders growing at the fastest pace in seven years amid stronger export sales, IHS Markit warns that consumers could be hit by price hikes in the coming months. IHS Markit’s chief business economist Chris Williamson said backlogs of work are accumulating at a rate not seen for four years...Read More