Industry News


30 September 2020 - Luster, Tech Idea in audio products manufacturing joint venture
  1. More ​Luster Industries Bhd’s wholly owned subsidiary, Exzone Precision Engineering Sdn Bhd has entered into a joint venture agreement with Tech Idea Ltd to undertake the manufacture of speaker systems and headphone products, unified communication products and other related products through a joint venture (JV) company namely TSI Zone (Malaysia) Sdn Bhd
29 September 2020 - Southern Cable hopes to reel in RM71.2 million from IPO
  1. More ​Southern Cable Group Bhd is looking to raise RM71.2 million from its initial public offering (IPO) on Bursa Malaysia’s ACE Market, which is aimed at elevating its profile and raise funds to expand production capacity of cables and wires and plastic compound materials to cater for future growth
29 September 2020 - INIX, Duria Manufacturing to tap into durian industry
  1. More ​INIX Technologies Holdings Bhd (INIX) has ventured into the lucrative durian industry by forging a strategic partnership with local durian product manufacturer Duria Manufacturing Sdn Bhd
29 September 2020 - HWGB Biotech, EBI making headway to develop Covid-19 vaccine
  1. More ​Ho Wah Genting Bhd’s (HWGB) wholly-owned subsidiary HWGB Biotech Sdn Bhd and its joint-venture partner US-based E-MO Biology Inc (EBI) are making headway in developing vaccines for the prevention of Covid-19 and other relevant diseases
28 September 2020 - Press Metal's perfect timing?
  1. More ​Press Metal Aluminium Holdings Bhd is poised to benefit from the timing of commissioning of the Phase 3 expansion in Samalaju, Sarawak which should coincide with a global aluminium demand recovery
28 September 2020 - LKL International to buy dialysis player as quarterly profit jumps on higher sales
  1. More LKL International Bhd's net profit for the first quarter ended July 31, 2020 (1QFY21) rose to RM1.24 million, from RM124,000 a year earlier, on higher sales of medical and healthcare beds as well as peripheral medical accessories
25 September 2020 - South Koreans keen in setting up factories in Sarawak — Riot
  1. More ​A group of South Korean investors have expressed interest to invest in setting up factories in Sarawak, said Prime Minister’s Special Envoy to East Asia Dato Sri Richard Riot Jaem
24 September 2020 - HWGB Biotech collaborating with US-based lab facility for companion diagnostic systems
  1. More Ho Wah Genting Bhd's (HWGB) wholly-owned subsidiary, HWGB Biotech Sdn Bhd (HWGB Biotech) is collaborating with a US-based lab facility to develop and produce companion diagnostic systems
23 September 2020 - Palm oil-based product manufacturers asked to display MSPO logo on packaging
  1. More ​The Malaysian Palm Oil Certification Council (MPOCC) has asked companies producing palm-based products to display the Malaysian Sustainable Palm Oil Certification (MSPO) logo on their packaging
23 September 2020 - Malaysia mulls imposing carbon tax on future investments
  1. More ​Malaysia is considering to impose carbon tax on future investments to support the sustainability agenda in a bid to tackle climate change, said Environment and Water Ministry (KASA) secretary-general Datuk Seri Zaini Ujang
23 September 2020 - Aspen to build glove making plant with bigger capacity of 1.5 billion instead of 1.1 billion units
  1. More Aspen (Group) Holdings, which is diversifying from just property into glove making, now plans to build a plant with a glove making capacity of 1.5 billion units per year, from an original plan of 1.1 billion units, the company said on Sept 22
22 September 2020 - Melaka attracted RM3 bln manufacturing investment in first 9 months - CM
  1. More ​Melaka attracted more than RM3 billion worth of investments into its manufacturing sector in the first nine months of this year, says Chief Minister Datuk Seri Sulaiman Md Ali
22 September 2020 - CVIA industrial park is 10 pct complete - Mustapa
  1. More ​The Chuping Valley Industrial Area (CVIA) project in Perlis is currently 10 per cent complete, the Dewan Negara was told
22 September 2020 - UMW Aerospace rolls-off maiden Trent 7000 fan case
  1. More UMW Holdings Bhd's (UMWH) wholly-owned subsidiary UMW Aerospace Sdn Bhd (UASB), rolled-off its maiden fan case for Rolls-Royce's Trent 7000 engines
21 September 2020 - QES buys RM20mil factory in Glenmarie
  1. More ​QES Group Bhd has acquired a factory in Glenmarie, Selangor for RM21.0 million cash to expand its office and production area
21 September 2020 - Iconic Worldwide buys land to set up PPE manufacturing facility
  1. More ​Property and tourism industry player Iconic Worldwide Bhd has acquired 2.24 hectares at Batu Kawan Industrial Park in Penang for RM12.53 million to facilitate its diversification into the production of personal protective equipment (PPE)
18 September 2020 - Ta Win sets up healthcare arm to explore downstream copper segment
  1. More ​Copper products maker Ta Win Holdings Bhd has set up a healthcare arm called Ta Win Copper Biohealth Sdn Bhd (TWCBiohealth) to explore the downstream copper segment
18 September 2020 - Top Glove to spend RM8b capex in next six years
  1. More ​Top Glove Corp Bhd has earmarked RM8 billion for capital expenditure (capex) over the next six years, indirectly brushing aside concerns over a glove glut or fiercer competition from new entrants
18 September 2020 - Bioalpha inks agreement with CME to develop, manufacture health food supplements
  1. More ​Bioalpha Holdings Bhd (BHB) through its wholly-owned subsidiary Bioalpha International Sdn Bhd (BISB) inked a collaborative agreement with CME Health Sdn Bhd (CME Health), a wholly-owned subsidiary of CME Group Bhd (CGB) to develop, manufacture and supply health food supplements to market in Southeast Asia
17 September 2020 - FPP manufacturing, new property launches to fuel Scientex's growth
  1. More ​Scientex Bhd's net profit is expected to grow by 15 per cent, 22 per cent and 13 per cent in the financial year ending July 31, 2020-2022 (FY20-) FY22) respectively, according to AmInvestment Bank Bhd
17 September 2020 - Covid-19 drives Jabil Penang to manage supply chain complexity
  1. More ​The knock-on effects of Covid-19 such as lockdowns, border closures, travel restrictions, trade curbs and the stay-at-home notice have amplified the need to manage supply chain complexity effectively
15 September 2020 - JTB's subsidiary to acquire land in Klang for RM44 mln
  1. More ​Johore Tin Bhd’s (JTB) wholly-owned subsidiary, Able Dairies Sdn Bhd, has entered into a sale and purchase agreement with Golden Valley Industries Sdn Bhd to acquire a piece of land in Klang, Selangor measuring approximately 11.74 hectares for RM44.26 million
15 September 2020 - Invest Selangor identifies new industrial areas
  1. More ​Invest Selangor is in the process of changing the status of several areas in Selangor that have the potential to be developed into new industrial areas
15 September 2020 - Duopharma Biotech to manufacture second oncology medicine
  1. More ​Pharmaceutical firm Duopharma Biotech Bhd, through wholly-owned subsidiary Duopharma HAPI Sdn Bhd, will soon manufacture its second oncology drug at its first-in-Malaysia highly potent active pharmaceutical ingredient (HAPI) Plant in Shah Alam to help address the paucity of affordable alternatives to treat cancer
14 September 2020 - PCG, PCC ink deal to jointly produce specialty chemicals
  1. More ​Petronas Chemicals Group Berhad (PCG) is acquiring a 50 per cent stake in PCC SE's Malaysian subsidiary PCC Oxyalkylates Malaysia Sdn Bhd (PCC-OM), marking its entry into the growing oxyalkylates market
13 September 2020 - MITI kicks off safeguard probe on ceramic floor, wall tile imports
  1. More ​The government is starting a safeguard investigation on imports of ceramic floor and wall tiles products into Malaysia, said the International Trade and Industry Ministry (MITI)
11 September 2020 - Malaysia’s manufacturing sales rise 1.9% to RM119.3b in July 2020
  1. More ​Malaysia’s manufacturing sales in July 2020 stood at RM119.3 billion, growing 1.9% compared to the previous year, while on a month-to-month basis, the sales value increased 2.1%, according to the Department of Statistics Malaysia (DOSM)
11 September 2020 - QES raises RM20.4mil via private placement exercise
  1. More QES Group Bhd (QES) will undertake a private placement exercise to raise up to RM20.47 million for its business expansion
11 September 2020 - Luster to raise up to RM47m via private placement for manufacturing business
  1. More ​Luster Industries Bhd has proposed a private placement to raise between RM30.35 million and RM47.19 million for general working capital, including for the purchase of raw materials
10 September 2020 - Development of the rubber industry in Malaysia
  1. More A tourist attraction in Kuala Kangsar, Perak, located near the District Office, is believed to be the first rubber tree planted in Malaysia, in 1877. It was one of the nine seedlings brought over by Henry Nicholas Ridley, who became director of The Singapore Botanic Gardens in 1888. Ridley was instrumental in the development of rubber plantations in Malaysia, then known as Malaya
10 September 2020 - Kelantan attracts RM1b investment from Chinese furniture manufacturer, says MB
  1. More The Kelantan government says it has attracted RM1 billion in investments from a Chinese furniture manufacturer to develop a 140-hectare site at Chin Teck near here
09 September 2020 - Gets Global ventures into glove-making, proposes private placement to raise RM87m
  1. More Loss-making bus operator Gets Global Bhd is jumping on the glove-making bandwagon, following the emergence of Teong Lian Aik as a new substantial shareholder
09 September 2020 - AME helps spur Jstar Motion's expansion
  1. More ​AME Elite Consortium Bhd is propelling the expansion of Jstar Motion Sdn Bhd by building its fourth manufacturing facility in [email protected] in Johor
09 September 2020 - Rubber gloves export rose to RM15B for Jan-July Period: MITI
  1. More ​Malaysia’s rubber gloves exports grew by 50.1 per cent to RM15.06 billion for the January-July 2020 period from RM10.03 billion in the same period last year, said the Ministry of International Trade and Industry
09 September 2020 - Kanger poised to become top global manufacturer of bamboo products
  1. More ​ACE Market-listed Kanger International Bhd is poised to become the world’s top manufacturer of bamboo products, thanks to its 70:30 collaboration with the Jingzhou local government in the Hunan Province, China
09 September 2020 - Dutch Lady to dispose of factory land in Petaling Jaya
  1. More ​Milk and dairy product manufacturer, Dutch Lady Milk Industries Bhd (DLMI) plans to dispose of its current factory land in Petaling Jaya via public tender
08 September 2020 - Semiconductor firms exceed expectations
  1. More ​Most companies in the semiconductor sector exceeded consensus earnings estimates for the second quarter which ended in June
08 September 2020 - Kanger International poised to be world’s largest producer of bamboo products
  1. More ​Kanger International Berhad is closer to its aim of becoming the world’s largest producer of bamboo products when its new bamboo processing plant and R&D centre in Jingzhou, China goes into full production in the fourth quarter of 2020
08 September 2020 - Hartalega to increase installed capacity to 44 bln gloves
  1. More Hartalega Holdings Bhd has commissioned four production lines at Plant 6 of its Next Generation Integrated Glove Manufacturing Complex (NGC) to accelerate its production capacity
07 September 2020 - Nylex gets nod to double ethanol production capacity
  1. More ​Nylex (Malaysia) Bhd, controlled by businessman Datuk Siew Ka Wei, has obtained the green light from the Malaysian Investment Development Authority to double its ethanol production capacity to a total of 10 million litres per year
07 September 2020 - Malaysian manufacturing sector stabilising, says Ambank analyst
  1. More ​As the country has managed to put Covid-19 under control and reboot the economy, which enabled businesses to reopen, leading to a better unemployment rate after a sharp drop in the second quarter
07 September 2020 - Malaysia exports RM22.5 bln worth of wood-based products in 2019
  1. More ​Malaysia exported RM22.5 billion worth of wood-based products last year, Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali said
04 September 2020 - Selangor rallies other States to produce regional aerospace powerhouse
  1. More ​Selangor rallies fellow States to produce a regional aerospace powerhouse and concentrate on international competition rather than interstate competition
03 September 2020 - Aspen Glove expects manufacturing factory completion March 2021
  1. More ​Penang-based property development and real estate investment company, Aspen Group, expects the construction of its glove manufacturing facility to be completed by March next year
02 September 2020 - Iconic Worldwide to diversify into PPE manufacturing with RM155.5m investment
  1. More ​Iconic Worldwide Bhd is looking to diversify its existing core businesses to include manufacturing and trading of personal protective equipment, as well as disposable face masks and gloves (PPE business), with a total investment of RM155.51 million
02 September 2020 - Vizione to buy controlling stake in specialty medical gloves maker
  1. More ​Integrated construction engineering group Vizione Holdings Bhd is planning to acquire a 51%-stake in specialty medical gloves maker SSN Medical Products Sdn Bhd for RM5 million, cash, to venture into the glove-making sector
02 September 2020 - Aspen Group to diversify business to include manufacturing and distribution of rubber gloves
  1. More ​Aspen Group, the Malaysian property developer, says it intends to include the manufacturing and distributing of rubber gloves under its scope of core business on September 2
02 September 2020 - MQ Tech enters deal to buy stake in Kibaru
  1. More ​MQ Technology Bhd (MQTech) has entered into an agreement with Kibaru Manufacturing Sdn Bhd's shareholders to negotiate with a view of acquiring a 70 per cent stake in the manufacturer
02 September 2020 - LKL to export US$19 mln nitrile examination gloves to China
  1. More ​Medical equipment manufacturer LKL International Bhd’s unit, LKL Advance Metaltech Sdn Bhd, has secured a US$19 million (about RM78.5 million) sales contract to supply nitrile examination gloves to a China-based company
01 September 2020 - Oceancash to double production capacity for non-woven materials used to make PPE
  1. More ​Oceancash Pacific Bhd is embarking on an expansion to double its production capacity for non-woven materials used in the production of personal protective equipment (PPE)
01 September 2020 - Sarawak govt invites UDA to invest in Bintulu petrochemical hub
  1. More ​Sarawak Chief Minister Datuk Patinggi Abang Johari Tun Openg invited UDA Holdings Berhad (UDA) to invest in property development at the petrochemical hub in Bintulu
29 August 2020 - MITI holds engagement sessions with 2 E&E firms in Penang
  1. More ​The Ministry of International Trade and Industry (MITI) says it held engagement sessions with two electrical and electronics (E&E) companies under the Western Digital group -- WD Media Sdn Bhd and SanDisk Storage Sdn Bhd -- in Penang
28 August 2020 - PIPC in Pengerang is open for business
  1. More ​Pengerang Integrated Petroleum Complex (PIPC) sits on a 22,000-acre area in Pengerang, to the south-east of Malaysia’s Johor state. The PIPC is designed to accommodate downstream oil and gas industrial facilities such as refineries and petrochemical plants, deep-water terminal and storage tanks, naphtha crackers, regasification plants and supporting facilities, as well as manufacturing plants and industrial parks
26 August 2020 - Sarawak Biohub Port project to kickstart in Q1 2021
  1. More ​The Sarawak BioHub Port and Industrial Estate development, to be located on 2,500 hectares (ha) of land between Bintulu and Samalaju and with an estimated development cost of RM20 billion over 10 years, is expected to kickstart in the first quarter of 2021
26 August 2020 - AME thrives from global companies' investments in Southeast Asia
  1. More AME Elite Consortium Bhd says it is benefitting from higher investment flows into Malaysia by global companies, as its i-Park industrial parks capture the uptrend of companies relocation due to supply chain diversification and protracted US-China trade tensions
26 August 2020 - Nestle to make plant-based meals
  1. More Nestle (Malaysia) Bhd will make a significant investment in its Shah Alam factory to set up a pioneering manufacturing facility for plant-based meals
26 August 2020 - Smart device segment to drive MMS Ventures’ growth
  1. More ​Penang-based test equipment firm MMS Ventures Bhd (MMSV) is banking on its high-margin smart device segment to make up the shortfall in revenue caused by the recent lockdown due to the Covid-19 pandemic
25 August 2020 - MSCM Holdings invests RM59 mln for new venture in glove business
  1. More MSCM Holdings Bhd has allocated RM59 million in capital expenditure to kickstart its new business venture in glove making and appointed Howellcare Industries Sdn Bhd as its turnkey project partner
25 August 2020 - Pharmaniaga to invest RM2mil in vaccine facility
  1. More ​Pharmaniaga Bhd, a frontrunner to secure the government’s contract to repackage and distribute Covid-19 vaccine, said it will not be making a substantial investment for the bottling of the vaccine at its plant in Puchong
24 August 2020 - Petronas Chemicals, LG Chem to build nitrile butadiene latex plant
  1. More ​Petronas Chemicals Group Bhd (PCG) and LG Chem Ltd have inked an agreement to build a nitrile butadiene latex manufacturing plant at Pengerang Integrated Complex (PIC) in Johor
24 August 2020 - COVID-19: Nestlé Malaysia looking out to protect employees, supply
  1. More Nestlé (M) Bhd aims to ensure that its missions to protect its employees, ensure steady reliable supplies and supporting the community during the COVID-19 pandemic are achieved
24 August 2020 - China’s Zodiac to invest RM1.5 bln in Malaysia to develop 5G chips
  1. More Zodiac (China) Applied Science and Technology Research Centre Ltd is looking at an initial investment of as much as RM1.5 billion, as part of a larger plan to set up a manufacturing base for developing 5G chips and encapsulation technology, in Malaysia
23 August 2020 - All hands on deck to re-purpose existing plants for COVID-19 vaccine - Pharmaniaga
  1. More ​Pharmaniaga Bhd says it is all geared up to make the necessary changes to its existing plants that would enable them to undertake fill and finish process for COVID-19 vaccine as soon as it is developed, its acting managing director, Mohamed Iqbal Abdul Rahman said
22 August 2020 - Industrial property segment stays as a beacon
  1. More ​The Malaysian industrial sector is expected to continue being a “beacon” for the local property segment as the country gradually restarts the economy
21 August 2020 - Glove maker Careplus buys more land in Negeri Sembilan to boost output capacity
  1. More Negeri Sembilan-based glove manufacturer Careplus Group Bhd has proposed to acquire industrial land measuring 296,800 sq m in the state for RM23 million to expand its facilities
19 August 2020 - VS Industry inks manufacturing deal with US-based Victory Innovations
  1. More VS Industry Bhd has entered into a master supply agreement with US-based Victory Innovations Company Inc for the manufacture of cordless electrostatic sprayers on a box-build assembly basis via its wholly-owned subsidiary Guardian South East Asia Pte Ltd
18 August 2020 - Can-One’s creamer manufacturing unit sold at maximum final price of RM1b
  1. More Can-One Bhd has managed to fetch RM1 billion cash — the maximum price payable — from the sale of its sweetened creamer and evaporated creamer manufacturing business to Asia Dairy Creations Sdn Bhd
18 August 2020 - Inari to team up with MIT to supply semiconductor process tools
  1. More ​Inari Amertron Bhd is teaming up with Singapore-incorporated MIT Semiconductor Pte Ltd (MSPL) to set up a joint-venture firm in Malaysia to supply customised semiconductor process tools
17 August 2020 - Kuala Langat Industrial Hub aims to attract electrical and electronics investors
  1. More ​The construction of the Kuala Langat Industrial Hub, which is expected to be completed in the next four years, is aimed at attracting investments from local and international electrical and electronics players to Selangor
17 August 2020 - Halal industry still has huge potential for further growth — MITI
  1. More ​The halal industry still has huge potential to be strengthened with planned and inclusive strategies, said the Ministry of International Trade and Industry (MITI)
17 August 2020 - Eco World to sell land at Eco Business Park V to Baosteel Can Making for RM53.3m
  1. More Eco World Development Group Bhd has inked a deal to sell 6.6 hectares of industrial land at its Eco Business Park V (EBP-V) in Puncak Alam, Selangor, for RM53.3 million to Baosteel Can Making (Malaysia) Sdn Bhd
15 August 2020 - Malaysian manufacturing sector pessimistic in projections on business prospects for rest of 2020 — FMM
  1. More ​The Malaysian manufacturing sector continues to take on a very pessimistic stance in their projections on the prospects of their businesses for the rest of 2020, says the Federation of Malaysian Manufacturers (FMM)
14 August 2020 - Nexgram acquires medical plastic firm, enters vaccine bottling business
  1. More Medical device provider Nexgram Holdings Bhd (Nexgram) is acquiring medical plastic firm Arita Plastics Industries (M) Sdn Bhd (Arita) to manufacture and supply biomedical materials, life-saving medical devices, medical compounds, and personal protective equipment and plastic sheets as alternative material to borosilicate glass vials for COVID-19 Vaccines
12 August 2020 - Ni Hsin, Fiatec to jointly develop health, bioenergy products
  1. More ​Ni Hsin Resources Bhd has teamed up with Fiatec Biosystem Sdn Bhd to develop health and bioenergy products for its new food and beverage (F&B) business
12 August 2020 - Muda Holdings buys 60% stake in Perak corrugated carton maker
  1. More ​Muda Holdings Bhd said its wholly-owned unit Federal Packages Sdn Bhd (FPSB) has acquired a 60% stake in a corrugated cartons and boards manufacturer for RM15 million
12 August 2020 - Four more companies plan to join the rubber glove makers club
  1. More ​The rubber glove industry seems like a desirable exclusive club that others want to be associated with, judging by the slew of companies that have announced plans to enter the industry, which is currently flooded with new orders at higher average selling prices
11 August 2020 - Inix invests RM23m to venture into rubber glove business
  1. More ​Inix Technologies Holdings Bhd wants to invest RM35 million in a factory, paving way for its plan to enter into medical rubber gloves' production
11 August 2020 - Duopharma ready to package Covid-19 vaccines
  1. More ​The recent announcement that Duopharma Biotech Bhd is one of the few companies selected to package the Covid-19 vaccine once it is developed, sent its shares skyrocketing as investors rode its potential long-term prospects
11 August 2020 - Cleanroon glove maker CE Technology announces RM50m capacity expansion
  1. More ​Taiping-based cleanroom glove manufacturer CE Technology Bhd is embarking on a capacity expansion at a cost of RM50 million
11 August 2020 - Kanger seals deal to venture into glove sector
  1. More ​Kanger International Bhd, which diversified into property investment and management to reduce its sole reliance on its current core business, may venture into medical examination gloves operations
10 August 2020 - Micron sees growing demand in niche tech products in Malaysia
  1. More ​Micron Technology Inc, a US-headquartered industry leader in memory and storage solution, sees increasing demand for certain tech products and services in Malaysia amid the COVID-19 pandemic
10 August 2020 - Industrial automation outfit AT Systematization sets up rubber glove plant
  1. More ​ACE Market-listed industrial automation system and machinery designer and manufacturer AT Systematization Bhd (ATS), which is venturing into the rubber glove industry, is commissioning six glove dipping lines for its new factory
10 August 2020 - HLT to raise up to RM325m to fund expansion of glove making business
  1. More ​HLT Global Bhd targets to raise between RM236.14 million and RM324.68 million through a private placement of up to 20% of its issued shares to fund the development of a new rubber glove manufacturing plant
10 August 2020 - Hartalega to acquire land in Sepang for RM158.31 mln
  1. More ​Hartalega Holdings Bhd’s wholly-owned subsidiary, Hartalega NGC Sdn Bhd will acquire a sub-division of land measuring approximately 24.51 hectares (ha) in Sepang for RM158.31 million from Kumpulan Tanjung Balai Sdn Bhd
07 August 2020 - Texchem receives MIDA’s green light to produce face shields
  1. More ​Texchem Resources Bhd’s unit has received the Malaysian Investment Development Authority’s green light to produce face shields
07 August 2020 - Strong rebound in IPI reflects further resumption of economic activities - RHB Research
  1. More ​The strong rebound of Malaysia’s Industrial Production Index (IPI) in June reflected the further resumption of economic activity under the Recovery Movement Control Order, said RHB Research
06 August 2020 - Ratifying CPTPP will drive manufacturing exports - FMM
  1. More ​The Federation of Malaysian Manufacturers (FMM) believes that ratifying the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will greatly contribute to Malaysia’s post-COVID-19 pandemic recovery
05 August 2020 - UPA venturing into healthcare business
  1. More UPA Corp Bhd is venturing into the healthcare business with the manufacture of melt-blown non-woven fabric made of ultra fine polypropene which is a key material in the production of 3-ply mask and surgical face mask, via its wholly owned subsidiary UPA Healthcare Products Sdn Bhd
05 August 2020 - Australia's Lynas to start building waste facility in Malaysia next year
  1. More ​Australian rare earths miner Lynas Corp said it aims to begin development of a permanent waste treatment facility in Malaysia by early 2021 and will apply for final regulatory approvals over the coming months
05 August 2020 - Malaysia pushes tech hub to help economy ride out coronavirus pandemic
  1. More ​Malaysia’s technology cluster in Penang is helping drive an economic recovery that could see the country bounce back faster than any of its peers in Southeast Asia
05 August 2020 - Automotive segment to drive UMW's performance in H2
  1. More UMW Holdings Bhd (UMW) is looking forward to an improved financial performance in the second half (H2) of 2020, spearheaded by its automotive segment following encouraging sales achieved by UMW Toyota Motor (UMWT) and its 38 per cent-associate company Perodua in July
03 August 2020 - Recovery in Malaysian manufacturing sector continues in July
  1. More ​The recovery in the Malaysian manufacturing sector continued in July and firms expect market demand to strengthen over the coming year, supporting overall confidence in the 12-month outlook for production
28 July 2020 - Malaysia trailblazes global halal pharmaceutical standards
  1. More Malaysia's trailblazing MS2424:2012 halal pharmaceutical standard is rapidly gaining universal acceptance, Duopharma Biotech Bhd group managing director Leonard Ariff Abdul Shatar said
28 July 2020 - Govt initiates administrative review of anti-dumping duty on cold-rolled coils from Vietnam
  1. More The government will initiate an administrative review in accordance with the Countervailing and Anti-Dumping Duties Act 1993 and the Countervailing and Anti-Dumping Duties Regulations 1994, with the final determination of the administrative review to be made within 180 days of the date of the initiation
24 July 2020 - Careplus returns to black on rise in rubber glove demand amid COVID-19
  1. More ​Careplus Group Bhd has returned to the black, posting a net profit of RM36.21 million in the second quarter (Q2) ended June 30, 2020 compared with a net loss of RM1.96 million recorded in the same period a year ago
23 July 2020 - Establishment of industrial parks, conditions under local authorities, says ministry
  1. More ​The establishment of industrial parks and infrastructure construction conditions are under the authority of the state government through the local authorities, the Dewan Rakyat was told
23 July 2020 - Dutch Lady acquires industrial land worth RM56.79 mln to expand manufacturing capabilities
  1. More Dutch Lady Milk Industries Bhd (DLMI) today announced the expansion of its manufacturing capabilities with the acquisition of 32.59 acres of industrial land in Bandar Baru Enstek, Negeri Sembilan for RM56.79 million which it aims to complete by this year
22 July 2020 - Penang records RM7.1b manufacturing investments in 1Q2020, says CM
  1. More Penang recorded a promising RM7.1 billion in approved manufacturing investments in the first quarter of 2020 (Q1 2020), despite the challenging global economic environment
22 July 2020 - MITI re-strategises action plan in NAP 2020
  1. More ​The Ministry of International Trade and Industry (MITI) is re-strategising the action plan in implementing the National Automotive Plan (NAP) 2020 which aims to make the nation’s automotive sector more competitive and developed
22 July 2020 - Farm Fresh to introduce four new products by year-end
  1. More ​The Holstein Milk Company, which produces local dairy brand Farm Fresh, expects four of its new products — UHT Chocolate Milk with Soy, UHT Cafe Latte Tongkat Ali, UHT Oat Milk-Original and UHT Almond Milk-Original — to be in the market by year-end


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Last Updated : Thursday 22nd October 2020