Industry News


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
27 June 2019 - E&E players urged to grab opportunities
  1. More The electrical and electronics (E&E) sector should seize the opportunities arising from the United States-China trade war to grow the industry
27 June 2019 - Selangor in talks with Airbus to set up region's first aircraft teardown facility
  1. More Selangor is exploring possibilities to attract investment in the aircraft teardown services and is currently in talks with the European aircraft manufacturer, Airbus, to set up the facility in the State, Menteri Besar Amirudin Shari announced
26 June 2019 - VS Industry net profit soars on strong local ops
  1. More ​Electronics manufacturing services firm VS Industry Bhd says net profit in the third quarter ended April 30 jumped, as strong performance by its operations in Malaysia offset weak contributions from overseas
26 June 2019 - Natural gas industry can play pivotal role in Malaysia's sustainable future
  1. More ​Malaysia´s natural gas industry can play a pivotal role in fuelling a sustainable future for the country
26 June 2019 - UMW Toyota celebrates 50 years of car production
  1. More The joint venture between UMW Holdings Bhd and Toyota Motor Corp celebrated its 50th year of vehicle production in Malaysia at its RM2 billion plant in Bukit Raja
26 June 2019 - Tashin to spend RM25mil to expand operations
  1. More ​Tashin Holdings Bhd, scheduled to be listed on Aug 1 on the ACE Market, plans to utilise about RM25mil to expand its business operations this year
26 June 2019 - PetChem, Plastic Energy explore possibility of setting up plant to recycle plastics waste
  1. More Petronas Chemicals Group Bhd (PetChem), the petrochemical arm of Petroliam Nasional Bhd (Petronas), is collaborating with Plastic Energy Ltd, a chemical recycling company, to address plastics waste that cannot be recycled by conventional means in Malaysia
24 June 2019 - Taiwanese firm opens RM1bil plant
  1. More Taiwanese firm Hotayi Electronic (M) Sdn Bhd has reinvested RM1bil to expand its production facility in Penang
24 June 2019 - Vitol building Malaysian oil refinery to meet new low-sulphur ship fuel rules
  1. More ​Vitol, the world's largest independent oil trader, has started building a small oil refinery at its storage terminal in Malaysia that will provide low-sulphur fuel for ships, a senior company official said
23 June 2019 - Malaysia´s aerospace industry now "more mature” in product supplies - MAIA president
  1. More Malaysia’s pioneering leader in the aerospace sector Datuk Naguib Mohd Nor, who is also the president of Malaysian Aerospace Industry Association (MAIA) avers that the country’s role in the global aerospace supply chain has become “more mature.”
22 June 2019 - i-Stone eyes RM39m from ACE Market listing
  1. More i_Stone Group Bhd, a local manufacturing automation machines specialist, plans to raise RM39.1 million from its listing on Bursa Malaysia's ACE Market
21 June 2019 - High-tech investment: Are we there yet?
  1. More Malaysia’s manufacturing capabilities have expanded since the country embarked on industrialisation in the early 1980s, and it has since moved at a rapid pace and is well known as an electrical and electronics (E&E) hub for multiple global multinationals
20 June 2019 - MSM to diversify revenue stream
  1. More Refiner plans to introduce several sugar-based products at end of 2019
20 June 2019 - Petronas, Aramco start naphtha cracker at new Pengerang refinery
  1. More Petroliam Nasional Bhd (Petronas) and Saudi Aramco have started operations at their new 1.2-million-tonnes-per-year naphtha cracker, multiple sources familiar the matter said
20 June 2019 - Apple considering relocating China plant to Malaysia
  1. More Malaysia has been named as among several countries being considered by iPhone maker Apple, which is looking to reduce its production capacity in China by between 15 and 30 per cent, Nikkei Asian Review reported
19 June 2019 - Top Glove shares up on company's capacity expansion news
  1. More ​Shares of Top Glove Corporation were higher on news the biggest nitrile glove producer is expanding capacity to produce between 25 billion and 30 billion gloves annually
19 June 2019 - MED seeks to integrate local SMEs into global aerospace supply chain
  1. More ​The International Paris Airshow 2019 has provided an opportunity for the integration of Malaysian small medium enterprises (SMEs) into the global aerospace supply chain
19 June 2019 - German companies can help Malaysia in sustainable biogas projects -- MGCC
  1. More ​German companies can help Malaysia in the development of sustainable biogas projects, said Malaysian-German Chamber of Commerce and Industry (MGCC)
19 June 2019 - Rapid set to boost refined fuel exports
  1. More Malaysia to be net exporter when commercial ops start in Q4
19 June 2019 - Malaysia to be net exporter of refined fuels again
  1. More ​Malaysia will restore its status as a net exporter of refined fuels upon the commencement of full commercial operations in the Refinery and Petrochemical Integrated Development (Rapid) slated for the fourth quarter of this year (4Q19), said Finance Minister Lim Guan Eng
19 June 2019 - Top Glove set to be world’s largest nitrile glove maker
  1. More Top Glove Corp Bhd is expected to overtake Hartalega Holdings Bhd to become the world’s largest nitrile glove manufacturer by volume by next year, according to its executive chairman Tan Sri Lim Wee Chai
19 June 2019 - Top Glove aims to be biggest nitrile glove producer
  1. More Top Glove Corp Bhd is targeting to be the biggest nitrile glove producer in the world by the end of this year with total production of between 25 billion and 30 billion gloves per year
18 June 2019 - Sarawak looking at hydrogen sales for revenue
  1. More ​Sarawak is looking at producing hydrogen and other commodities to derive revenue for the state’s coffers through the imposition of a sales tax, says Chief Minister Datuk Patinggi Abang Johari Tun Openg
18 June 2019 - RAPID to start commercial operations in Q4 2019 – Lim
  1. More ​The Refinery and Petrochemical Integrated Development (RAPID) project is set to begin commercial operations in the fourth quarter of this year (Q4 2019), said Finance Minister Lim Guan Eng
18 June 2019 - Medical devices investment a priority – MIDA
  1. More ​The Malaysian Investment Development Authority (MIDA) is increasing its focus on the medical devices industry which has been identified as one of the industries with high growth potentials under the 11th Malaysia Plan
18 June 2019 - OGA showcase latest innovations in petrochemica, O&G industries
  1. More Asia's leading exhibition for the petrochemical and oil and gas (O&G) industries kicked off here, with greater and networking opportunities for exhibitors and visitors
17 June 2019 - Gamalux Oils projects higher demand from Europe for its 'green' products
  1. More Amid the uproar over the European Union's discriminatory move against palm oil, a player in the Malaysian palm oil downstream sector seems unperturbed and is expecting better demand for its products this year from European clients
17 June 2019 - US’ Sanmina shifts production to Penang from China amid trade spat
  1. More Uncertainties from the US-China trade war has caused the US–based Sanmina Corp, which has taken over the production business of Motorola Solutions here to temporary relocate from China to Penang
17 June 2019 - High demand seen for green gloves
  1. More Top Glove looking for business partners in Europe and US
17 June 2019 - Pentamaster diversifies to broaden income base
  1. More ​Pentamaster Corp Bhd is diversifying to supply automation systems to the medical, consumer electronic, and logistic industries to broaden its income base
16 June 2019 - Malaysia aspires to be E&E hub despite US-China tech war
  1. More ​With the escalating technology war between the United States and China, giant tech companies have had to slash their future revenue forecast due to looming concerns over the tensions between the two economic superpowers
15 June 2019 - Scientex aggressively expanding land bank
  1. More ​Packaging materials maker and property developer Scientex Bhd is aggressively stocking up on its land bank, at a time when most developers are taking it slow when it comes to acquiring and developing land due to the overhang in properties
15 June 2019 - Alliance Steel's investment creates RM530 mln business opportunities
  1. More ​Alliance Steel (M) Sdn Bhd (ASSB), the largest investor in the Malaysia-China Kuantan Industrial Park (MCKIP), has created RM530 million worth of business opportunities since it was established three years ago
14 June 2019 - Johor aims to be investment destination for China companies, says exco
  1. More Johor International Trade, Investment and Utility Committee chairman Jimmy Puah Wee Tse today said the state aims to be China’s investment destination of choice in the manufacturing sector by the end of this year following an ongoing trade war between the United States and China
13 June 2019 - DRB-Hicom unit sets up JV firm to provide R&D
  1. More ​DRB-Hicom Bhd, via unit Proton Edar Sdn Bhd (PESB), is setting up a joint-venture (JV) company to provide research and development (R&D), sales and services of vehicle connectivity, digital cockpit, safety, autonomous vehicle and Internet of Things (IoT) technology-related products
13 June 2019 - HPMT cautiously upbeat, aims to stay competitive globally
  1. More Cutting tools manufacturer and distributor HPMT Holdings bhd is cautiously optimistic about the outlook of the industry amid global economic challenges
13 June 2019 - All eyes on ECRL civil works
  1. More 1,321 firms submit their interest during pre-qualification exercise
12 June 2019 - Senior Plc´s new facility to ramp up capacity, speed up process
  1. More ​UK-based Senior Plc’s second aerospace facility at Malaysia International Aerospace Centre here would increase its manufacturing capacity by 140 per cent, enabling the company to maintain its status as the leader in aerospace component manufacturer and systems provider
12 June 2019 - Bioalpha to boost exports of health supplements, eyes personal care business
  1. More ​Bioalpha Holdings Bhd unveiled its three-pronged strategy to boost its exports of health supplements, venture into the personal care segment and also open more retail pharmacy outlets
12 June 2019 - 5G network likely to spur demand for semiconductor components
  1. More The long-term outlook for the technology sector remains bright as a commercialisation of the 5G network could spur demand for semiconductor components despite a lull at the moment, according to UOB Kay Hian Research
12 June 2019 - DRB-Hicom's unit forms JV to enhance tech know-how
  1. More DRB-Hicom Bhd’s subsidiary, Proton Edar Sdn Bhd (PESB), is proposing to form a joint venture company (JVCO) to enhance its knowledge in automotive-related high digital technology
11 June 2019 - China firm plans RM21bil investment in Sarawak
  1. More Group to set up integrated petrochemical complex in Lawas
11 June 2019 - CTB swings into expansion mode
  1. More Company plans to enter new markets in 2 years, ramp up adoption of technologies
11 June 2019 - 2 Chinese firms sign deal to invest RM5b
  1. More Two Chinese companies, Beijing BECA Sci-tech Co Ltd and Sinopec Engineering Inc, have inked a memorandum of understanding (MoU) with the Sarawak government to invest US$5 billion (RM20.8 billion) for the development of an integrated oil and gas (O&G) complex in Lawas
10 June 2019 - More local companies benefitting from trade war
  1. More PIE Industrial and Wegmans in negotiations with China-based firms


Malaysia Rankings

Announcement / Media Release


Services News

Cross Border News

Last Updated : Friday 20th September 2019