Industry News


30 October 2019 - Manufacturing sector underpinned by strong private investment: Tun M
  1. More Prime Minister Tun Dr Mahathir Mohamad said today that despite the level of involvement of government-linked investment companies (GLICs) and government-linked companies (GLCs) in almost every sector of the economy, Malaysia’s manufacturing sector has benefited greatly from high levels of private sector investment
29 October 2019 - Thabet to make Malaysia its hub
  1. More Group plans to export dairy products to other S-E Asian, Middle East markets
22 October 2019 - Growing interest in MRO and aerospace sector: MIDA
  1. More ​Malaysian Investment Development Authority (MIDA) has observed a growing interest in investments into the country, particularly in the business and commercial aviation’s maintenance, repair, and overhaul (MRO) and the aerospace sector
20 October 2019 - Penang offers value for foreign E&E firms - Expert
  1. More ​Penang, which is also known by its nickname Silicon Valley of the East, can offer more than enough value for international electric and electronics (E&E) industry players due to its existing infrastructure and ecosystem, says an expert
17 October 2019 - US-China trade war offers upside to Malaysian medical device makers: Fitch Solutions
  1. More The US-China trade war offers an opportunity for Malaysian medical device manufacturers to continue to position themselves as alternative producers and suppliers to China, Fitch Solutions Macro Research said in a report
15 October 2019 - Ni Hsin to invest Rm10mil to expand into marine, O&G sectors
  1. More ​Ni Hsin Resources Bhd will invest a total of Rm10mil in Satumarin Sdn Bhd in a bid to expand into the marine, oil and gas sectors
14 October 2019 - Trade war rejuvenates 'Silicon Valley' firms in Malaysia
  1. More ​Years after resisting pressure to move to China, Lee Hung Lung says his bet has paid off. Sales at his Malaysia-based Hotayi Electronic are surging, it’s hiring more workers, considering an expansion, and picking and choosing orders
07 October 2019 - Ann Joo, Southern Steel in JV for long product steel manufacturing
  1. More ​Ann Joo Resources Bhd (AJRB) and Southern Steel Bhd (SSB) are joining forces via a 55:45 joint venture company (JV Co) to synergise opportunities in the long product steel manufacturing business
07 October 2019 - Taiwanese company pumps additional RM40 million to set up new plant in Perak
  1. More ​Taiwan-based masking paper manufacturer, Lih Mei Industrial Sdn Bhd is investing an additional RM40 million to set up a new six-hectare plant at Kamunting Industrial Area here which is expected to be operational at year-end
04 October 2019 - Rolling out tyres globally
  1. More Toyo’s state-of-the-art plant to be a major supply hub
03 October 2019 - Deputy minister: MITI to provide financial aid to companies registered under Industry 4.0
  1. More ​Deputy International Trade and Industry (MITI) Minister Ong Kian Ming today said companies that have undertaken the Industry 4.0 readiness assessment can apply for financial support under the ministry’s agencies
03 October 2019 - Tyre-maker launches new plant building in style
  1. More Tyre maker Toyo Tyre Malaysia Sdn Bhd (TTM) officiated its new plant building here on Thursday (Oct 3)
02 October 2019 - MyNEWS launches Japanese inspired ready-to-eat food production centre
  1. More Japanese-inspired food catered to Malaysian tastes ranging from sandwiches, onigiri, bento, fresh baked breads, hot and cold beverages, curry laksa, nasi lemak and others, will soon be available at myNEWS stores, Malaysia’s largest home-grown convenience chain
02 October 2019 - MREPC to roll out new incentive for rubber product industry
  1. More The Malaysian Rubber Export Promotion Council (MREPC) is rolling out a new incentive to encourage companies in the rubber product industry to undergo social compliance audits to meet social and ethical responsibilities
01 October 2019 - Plastics recycling industry can contribute up to RM20 bil to economy
  1. More Plastics recyclers could potentially grow their contributions to the Malaysia’s economy by three to four times, to an estimated RM15 billion to RM20 billion annually, said the Malaysian plastics industry
30 September 2019 - RM5bil investment planned for iron and steel industry
  1. More Local players want to boost competitiveness and sustainability
30 September 2019 - MQCars to manufacture e-buses
  1. More Company will invest RM20m initially on R&D, high tech machines, human capital
27 September 2019 - Dialog launches Phase 3A of Pengerang development
  1. More ​Dialog Group Bhd has launched Phase 3A of its 1,200-acre Pengerang Deepwater Terminal (PDT) development
26 September 2019 - World’s biggest Milo plant in Negri Sembilan
  1. More Upgraded facility can produce 108,000 tonnes a year
26 September 2019 - Electrical + electronics moving up the value chain
  1. More ​In the past two decades, several Malaysians have made the nation proud on the global electrical and electronics (E&E) stage
25 September 2019 - Khazanah unit secures Rm100mil to build biogas plants
  1. More Khazanah Nasional Bhd’s wholly-owned subsidiary Cenergi SEA Sdn Bhd has secured Rm100mil to build about nine biogas plants across Peninsular Malaysia
16 September 2019 - New plant to boost HHR's market share
  1. More Location in Setiu ensures constant supply of raw material, says managing director
16 September 2019 - NAP 2019 to be implemented in three phases until 2030
  1. More ​National Automotive Policy (NAP) 2019 to be launched soon, will be implemented in three phases till 2030 and it will also include efforts to make Malaysia a hybrid and energy-efficient vehicle (EEV) manufacturer, says Automotive, Robotic and IoT Institute (MARii) chief executive officer Datuk Madani Sahari
13 September 2019 - 'Bosch aims to boost digital tech'
  1. More Company to focus on upskilling local workforce with hands-on training
13 September 2019 - Ni Hsin ties up with Satumarin to venture into O&G industry
  1. More ​Cookware manufacturer Ni Hsin Resources Bhd is looking to work together with Satumarin Sdn Bhd to venture into the oil and gas (O&G) industry
12 September 2019 - Sarawak Petchem plant to be on stream in 2023
  1. More ​The Sarawak Petchem Sdn Bhd-owned mega methanol plant project here is expected to come on stream in 2023
11 September 2019 - Malaysian furniture sector a winner amid US-China trade war
  1. More ​The Malaysian furniture sector appears to be emerging as a clear winner of the trade diversion arising from the US-China trade war, but share prices of furniture stocks remain lacklustre
11 September 2019 - Inari Amertron partners with Taiwanese firm to make optical transceiver in Penang
  1. More ​Inari Amertron Bhd signed an agreement with PCL Technologies Inc to set up a joint-venture to secure, manage and manufacture optical transceivers and other related products in Penang
11 September 2019 - Rise in IoTs hardware spending benefits semiconductor firms - MIDA
  1. More ​Steady increases in Internet of Things (IoTs) hardware spending will be a significant source of revenue for the semiconductor industry in the future, as semiconductors are the bedrock of technology, says the Malaysian Investment Development Authority (MIDA)
10 September 2019 - New plant a game changer for Apex Healthcare
  1. More ​Apex Healthcare Bhd, which currently sells only 10% of its products to the government sector, is all set to boost the percentage following the completion of its new manufacturing plant in Melaka, known as SPP Novo
09 September 2019 - Execujet plans bigger MRO facility
  1. More Company hopeful new integrated centre in Subang will be completed in 2021
06 September 2019 - Supermax allocates RM1.13b to double capacity by mid-2024
  1. More ​Supermax Corp Bhd has earmarked RM1.13 billion in capital expenditure (capex) to double its production capacity by mid-2024
06 September 2019 - US-China trade war benefits local rubber glove industry - Supermax
  1. More ​Rubber gloves manufacturer, Supermax Corporation Bhd, is expecting its exports to the United States (US) to increase to 40 per cent from the current 30 per cent, boosted by sales of medical gloves due to the ongoing US-China trade war
05 September 2019 - PPB plans to expand its core businesses
  1. More Conglomerate has RM794mil for capex
05 September 2019 - Talent pool, robust ecosystem lure investments to Penang — CM
  1. More ​Penang's success in attracting huge investments in the manufacturing sector is due to the State's ability to prepare a strong talent pool and a robust ecosystem required for the sector's growth
05 September 2019 - MATA Aerotech offers drone technology in agriculture sector
  1. More ​Drone and robotic technology firm, MATA Aerotech Sdn Bhd aims to expand the use of drone technology in the management and operation of the country's agricultural sector within the next five years
05 September 2019 - Heng Huat to become leader in coconut fibre mart via SKT acquisition
  1. More ​Heng Huat Resources Group Bhd (Heng Huat) has acquired 97% equity interest in Sabut Kelapa Terengganu Sdn Bhd (SKT), which manufactures and trades coconut biomass materials and value-added products, for RM200,000
04 September 2019 - US tariffs to give local glove sector temporary boost
  1. More ​Malaysian rubber glove manufacturers are set to reap the benefits if the US goes ahead and slaps a fresh round of tariffs on Chinese goods on Sept 1 as American companies and consumers seek cheaper alternatives
04 September 2019 - Chinese tissue maker starts building regional HQ in Bandar Bukit Raja
  1. More ​Chinese tissue maker Vinda International Holdings has kicked off the construction of its Vinda Group SouthEast Asia (Vinda SEA) regional headquarters in Bandar Bukit Raja, Klang
04 September 2019 - Region’s biggest steel plant to be built in Sarawak
  1. More Multi-billion ringgit project to be funded by investors from China
04 September 2019 - Malaysia Book of Records honours LSK as largest natural bedding manufacturer
  1. More ​Natural latex bedding specialist, LSK (Lee Swee Kiat Group Bhd) was recently honoured by the Malaysia Book of Records (MBR) with ‘The Largest Natural Bedding Manufacturer In Malaysia’ award
04 September 2019 - Vinda picks Malaysia for regional hub
  1. More HK-based manufacturer of hygiene products to invest RM500m over 5 years
03 September 2019 - Proton makes strong comeback
  1. More National carmaker is the only player to post two-digit growth
03 September 2019 - Malaysia approves RM2.3 billion investments to make sanitary-related products
  1. More ​The Malaysian Investment Development Authority (MIDA) has approved 21 projects to manufacture sanitary-related products, involving investments of RM2.3 billion, from 1980 to June this year
02 September 2019 - Medical devices sector deemed important growth area for Malaysia
  1. More ​The medical devices industry in Malaysia is dominated by companies engaged in the production of medical gloves and other medical disposable products. The feat of Malaysian glove players is well-known - they supply 60% of the world market for rubber gloves
28 August 2019 - Malaysia aims to be preferred destination for high-tech investment
  1. More Malaysia aims to become the preferred destination for high-tech investment through Industry4WRD, says Deputy International Trade and Industry Minister Dr Ong Kian Ming
28 August 2019 - Sime Darby sets aside over RM1b for capex
  1. More Sime Darby bhd is allocating more than RM1 billion in capital expenditure (capex) for the year ending June 30, 2020
27 August 2019 - Sarawak will start research on algae to produce biofuel
  1. More ​Sarawak will start research to produce biofuel from algae with the completion of Sarawak Biodiversity Centre's (SBC) Algae Cultivation Facility at Semengoh, Padawan, here
26 August 2019 - Ta Win in expansion mode
  1. More Smallish copper maker aims to return to black soon, helped by high-margin products
22 August 2019 - Manufacturers brace for slowdown after sluggish 1H
  1. More ​Malaysian manufacturers are bracing for slower months ahead as business activities in the domestic manufacturing sector dipped in the first half of 2019 (1H19) to the lowest since 2012
19 August 2019 - LONGi invests additional RM500mil
  1. More ​LONGi Green Energy Technology Co is investing an additional RM500mil in new manufacturing facilities to boost production of solar products in the Samajaya Free Industrial Zone here
17 August 2019 - Penang confident of attracting more US investments into E&E sector
  1. More The Penang government is confident of attracting more investments from United States-based electrical and electronics (E&E) companies
17 August 2019 - Top Glove set to boost R&D spending
  1. More Company also targeting to secure 30pc market share next year
16 August 2019 - Poised for solid growth
  1. More This will be driven by manufacture of aero-structure and engine components as well as MRO services
15 August 2019 - Ecosystem: SilTerra enables SMEs to develop new tech
  1. More Last year, semiconductor wafer foundry SilTerra Malaysia Sdn Bhd organised the region’s first Semiconductors in Life Sciences Symposium, an event that drew researchers and thought leaders from around the world. Only a few months earlier, it had announced its latest invention — the Piezoelectric Micromachined Ultrasound Transducer (PMUT) on the CMOS platform
15 August 2019 - Miti optimistic of aerospace industry growing 10-15% this year
  1. More ​The Ministry of International Trade Industry (MITI) is optimistic of Malaysia’s aerospace industry growing between 10 to 15 per cent year-on-year
14 August 2019 - Ajinomoto to invest RM355mil in new plant and corporate office
  1. More ​Ajinomoto (Malaysia) Bhd is investing RM355mil for a new plant and corporate office in [email protected] in Seremban
14 August 2019 - Green light for RM2b bunker island
  1. More Johor project will put Malaysia on global map as major oil storage and bunker business hub, says minister
14 August 2019 - Japanese condom maker to invest another RM101 million in Perak
  1. More ​A Japanese condom manufacturer, Sagami Manufacturers Sdn Bhd will invest another RM101 million to add a new production plant in Bemban Industrial Area here, by April next year
13 August 2019 - Globetronics bullish despite tough times
  1. More Order book for second half of the year is full
13 August 2019 - SCIB ramping up production
  1. More Infrastructure projects boosting orders for precast concrete products, IBS components
13 August 2019 - Rubber glove industry targets RM20 bln revenue this year
  1. More ​Malaysia’s rubber glove industry needs more workers to ramp up its production to achieve its target of RM20 billion in revenue this year against RM17.5 billion in 2018
09 August 2019 - Malaysia appoints DreamEDGE as anchor company for new national car project with advanced tech support by Daihatsu
  1. More ​The Ministry of International Trade and Industry (MITI) has today announced the appointment of DreamEDGE Sdn Bhd as the lead Malaysian anchor company to work on the new national car project, with advanced technological support by Daihatsu Motor Co Ltd
09 August 2019 - Major industry players need to tailor technology shift
  1. More ​Major players involved in industries such as oil and gas, energy and petrochemicals need to tailor their shift to high technology thoroughly, despite all the advancement taking place today, said HIMA, smart automation solutions for functional safety provider
09 August 2019 - Hong Kong company invests RM23.77 million to open manufacturing plant in Melaka
  1. More ​BoiengTech Malaysia Sdn Bhd, a manufacturer of high-frequency radio components from Hong Kong will invest over RM23.77 million to open a plant in Taman Tasik Utama, Ayer Keroh, which will start operations next September
08 August 2019 - Reinvestment constitutes 40.3% of total investment in manufacturing in Selangor
  1. More ​Continued interest from local and foreign investors has enabled Selangor to register a remarkable level of reinvestments, with reinvestment constituted 40.3 percent of total investment in the manufacturing sector for the state
07 August 2019 - MITI: Automotive parts and components exports on track to meet 2019 targets
  1. More ​The Ministry of International and Industry (MITI) is positive that Malaysia’s automotive parts and components exports will meet its RM13 billion target this year
07 August 2019 - Toyo Tyre needs local highly skilled workers
  1. More ​Tyre manufacturer, Toyo Tyre Malaysia (TTM) Sdn Bhd, needs 450 highly skilled workers this year and a similar number in 2022
07 August 2019 - Don't forget manufacture, export of locally-made vehicle parts - Darell
  1. More ​The manufacture and export of Malaysian-made vehicle parts and components deserve equal attention as vehicle production and introduction of new models, says Minister of International and Industry Datuk Darell Leiking
07 August 2019 - Airbus opens copter hub
  1. More Aircraft maker targets US$550m annual contribution to Malaysia's economy
06 August 2019 - Airbus Malaysia confident to hit US$500 mln GDP contribution
  1. More ​Airbus Malaysia is confident that it is on track to reach the US$550 million target contribution to the country’s gross domestic product (GDP) in five years’ time
06 August 2019 - Sedco, CIS mull clinker plant
  1. More Sabah Economic Development Corporation (Sedco) and Cement Industries (Sabah) Sdn Bhd (CIS) are considering plans to build a clinker plant to ensure long-term supply of clinkers in the state
06 August 2019 - SWS to buy 52pc of Mata Aerotech
  1. More Firm also inks deal to deploy drones, robotics technology at Felcra's padi fields
02 August 2019 - Tashin plans new factory
  1. More Tashin Holdings Bhd, which has debuted on the Ace Market, will build a new factory and upgrade its steel processing line in Seberang Prai, Penang
02 August 2019 - Ukraine aircraft manufacturer receives offer to operate in Kedah
  1. More Ukraine aircraft manufacturing and services company, Antonov, has received an offer to provide aircraft maintenance, repair and overhaul (MRO) services at the Kulim International Airport (KXP)
02 August 2019 - Strategy paper for aerospace industry to be developed — Azmin
  1. More ​The aerospace industry will be given priority under the 12th Malaysia Plan, with a special Technical Working Group (TWG) developing a five-year strategy paper
01 August 2019 - Biotek Dinamik invests RM350m in bio-CNG JV
  1. More Biotek Dinamik Sdn Bhd is investing RM350 million to develop bio-compressed natural gas (bio-CNG) in FGV Palm Industries Sdn Bhd's (FGVPI) palm oil mills
01 August 2019 - Many opportunities for Singapore companies in Pahang - SMF
  1. More The Singapore Manufacturing Federation (SMF) is confident that there are many opportunities for Singapore companies in the upcoming developments in Pahang
30 July 2019 - Hernan to expand halal product range with new factory
  1. More ​Hernan Corporation Sdn Bhd will add mango and rambutan to its range of halal food products when its new RM35mil factory begin operations in September
29 July 2019 - Halal certification gives industry players an edge in the markets -- Mujahid
  1. More ​The halal certification issued by the Malaysian Islamic Development Department (Jakim) is globally recognised and enables local halal industry players to penetrate the domestic and international markets without being confined to Muslim consumers, said Minister in the Prime Minister's Department Datuk Seri Dr Mujahid Yusof
29 July 2019 - OM Materials sinter plant to begin operations soon
  1. More New facility to cut firm’s production cost of manganese alloys
25 July 2019 - Linde Malaysia upbeat about growth
  1. More Company sees greater demand for industrial gases in Malaysia
24 July 2019 - Selangor plans to rejuvenate Subang Skypark
  1. More Selangor is planning to rejuvenate Subang Skypark, as the state continues to strengthen its aerospace portfolio
23 July 2019 - Spirit Aerosystems targets 10 pct revenue growth this year
  1. More Spirit AeroSystems Malaysia Sdn Bhd, manufacturer and distributor of aircraft engines and engine parts, is targeting a 10 per cent growth in revenue this year from RM1 billion achieved last year, driven by its higher production rate
22 July 2019 - MIDF 'positive' on outlook
  1. More Crucial for Malaysia to secure more design-and-build work packages, says firm
19 July 2019 - Petchem plans US$12b investment
  1. More Firm targets 20 value-enhancing projects involving Petronas's downstream businesses
15 July 2019 - PMB Tech plans to invest RM300mil to double capacity
  1. More ​PMB Technology Bhd (PMB Tech) is investing about RM300mil in a second phase manufacturing facility to double production capacity of metallic silicon to 72,000 tonnes per annum in Samalaju Industrial Park, Bintulu
15 July 2019 - Tashin plans to produce wire mesh
  1. More Firm sees robust demand for product as security fencing and for use in reinforced concrete slabs
15 July 2019 - George Kent partners Honeywell to expand metering business
  1. More ​George Kent International Pte Ltd (GKI), a unit of George Kent (Malaysia) Bhd has entered into a long-term license agreement with Honeywell to manufacture high-precision water meter measuring components for the V100 and V110 C-Class volumetric water meters
12 July 2019 - Daibochi gets nod to buy entire MPP stake
  1. More Acquisition to open up more opportunities, says flexible plastic packaging manufacturer
12 July 2019 - Manufacturing sales rise 6.7% to RM69.7 bil in May
  1. More ​Malaysia’s manufacturing sales in May 2019 grew by 6.7% to RM69.7 billion, as compared with last year’s RM65.3 billion, says the Department of Statistics
10 July 2019 - Malaysia’s downstream rare earth investments at RM100b over next decade
  1. More ​Malaysia is expected to attract investments of RM100 billion from the downstream sector using rare earth products over the next decade, says Entrepreneur Development Minister Datuk Seri Mohd Redzuan Mohd Yusof
09 July 2019 - Domestic downstream plastics sub-sector needs support to grow - MIDA
  1. More ​The domestic downstream plastics sub-sector requires the support of a robust upstream industry to ensure its growth and sustainability, says Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Azman Mahmud
09 July 2019 - SWS ventures into drones, AI to boost Malaysia's agriculture
  1. More ​Bursa Malaysia-listed manufacturing company SWS Capital Bhd (SWS) is venturing into drones technology, confident that an Industry 4.0 data-driven approach via Artificial Intelligence (AI) to Malaysia's agriculture will boost yields and efficiency for local producers
09 July 2019 - Northport has potential to become automotive transhipment hub
  1. More ​Northport has the potential to become the region’s top automotive transhipment hub following the government’s exemption of the Approved Permit (AP) requirement on vehicles transhipped from local ports
08 July 2019 - N. Sembilan govt gives priority to providing adequate infrastructure in industrial areas, says Teo
  1. More ​The Negri Sembilan government always gives priority to providing adequate infrastructure in the state as part of its efforts to attract investors here
08 July 2019 - Sime to boost Inokom plant as car hub
  1. More Firm in talks with global automotive player to be their regional car assembler and distribution partner
04 July 2019 - Nestle to absorb sugar tax
  1. More Company to enable consumers to benefit from move
02 July 2019 - Asia Poly ventures into F&B sector
  1. More ​Cast acrylic sheet manufacturer, Asia Poly Holdings Bhd, has ventured into the food and beverage (F&B) segment with the signing of a shareholders agreement with Uncle Don’s Holdings Sdn Bhd
01 July 2019 - Thong Guan to spend up to RM40mil on expansion
  1. More Thong Guan Industries Bhd is spending between RM30mil and RM40mil this year to expand its stretch film, PVC food wrap and other businesses


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Last Updated : Wednesday 13th November 2019