Industry News


02 March 2020 - Manufacturing sector: 12-month outlook remains positive in Feb
  1. More The 12-month outlook for manufacturing output in the country remained positive in February 2020 as some companies foresee a pickup in the economic growth, according to IHS Markit
28 February 2020 - US-based Advanced Energy starts manufacturing facility's operation in Penang
  1. More ​Advanced Energy Industries Inc has stamped its mark in Southeast Asia with the start of its commercial operations of its newest facility in Simpang Ampat in Penang, Malaysia
27 February 2020 - Techbond collaborates with MPOB in pioneering palm oil-based industrial adhesives
  1. More ​Techbond Group Bhd’s (Techbond) wholly owned subsidiary Techbond Greentech Sdn Bhd (TGSB) has on February 26, 2020 entered into a collaboration agreement with the Malaysia Palm Oil Board (MPOB) for the technical expertise and technology know-how transfer from MPOB in relation to a process to produce polyols from palm oil
26 February 2020 - Better aluminium prices, alumina price to drive Press Metal in FY20E
  1. More Better aluminium prices and normalising alumina price are set to drive Press Metal Aluminium Holdings Bhd’s (Press Metal) financial year 2020 (FY20E) earnings
26 February 2020 - NAP 2020 signifies govt's efforts to develop automotive ecosystem
  1. More ​The level of granularity featured in the National Automotive Policy 2020 (NAP 2020), in comparison to its predecessors, signifies the government's steadfast efforts in ensuring that a considered policy document is put in place to develop the automotive ecosystem in Malaysia
25 February 2020 - Automotive policy to benefit national carmakers the most
  1. More ​The policies under the recently announced National Automotive Policy 2020 (NAP 2020), though considered a win for the local automotive sector in general, will benefit the national carmakers the most
23 February 2020 - Malaysia will be test bed for NxGV - analyst
  1. More ​One of the new elements of the newly-launched National Automotive Policy (NAP) 2020 -- the Next Generation Vehicle (NxGV) -- will not only consist of Energy Efficient Vehicles (EEVs), but also autonomous vehicles, and Malaysia will be preparing itself to be the test bed for this, said an automotive industry analyst
21 February 2020 - UMW Toyota Motor welcomes NAP 2020 measures
  1. More ​UMW Toyota Motor Sdn Bhd (UMWT) welcomes the measures detailed in the National Automotive Policy 2020 (NAP 2020)
21 February 2020 - NAP 2020’s targets
  1. More The newly-launched National Automotive Policy 2020 (NAP 2020) has several targets
21 February 2020 - NAP2020 to contribute RM104.2 bil to Malaysia's GDP by 2030
  1. More ​The National Automotive Policy 2020 (NAP2020) is expected to contribute RM104.2 billion to Malaysia’s gross domestic product (GDP) over the next 10 years
21 February 2020 - NxGV, MaaS & IR 4.0 are three main new elements of NAP 2020 -- MITI
  1. More Three main new elements of the newly-launched National Automotive Policy (NAP) 2020 includes the development of Next Generation Vehicle (NxGV), Mobility as a Service (MaaS) and Industrial Revolution 4.0 (IR4.0)
21 February 2020 - NAP 2020 marks bold move to lead ASEAN auto sector
  1. More ​The launch of the National Automotive Policy 2020 (NAP 2020) marks Malaysia’s move towards becoming a regional leader in the automotive sector, particularly in the areas of manufacturing, engineering, technology and sustainable development
21 February 2020 - NAP 2020 expects RM50.6 bln of CBU, auto parts exports value by 2030
  1. More ​The National Automotive Policy 2020 (NAP 2020) expects the total value of exports to reach RM50.6 billion by 2030
21 February 2020 - Govt to set up dedicated industrial zone for automotive industry
  1. More ​The government is currently working to establish an industrial zone specifically for the circular economy business practices of the automotive industry
20 February 2020 - Aerospace sector to rebound after Covid-19 crisis
  1. More The Malaysian aerospace industry is expected to fight through although the businesses worldwide have been badly affected by the coronavirus, or the Covid-19 outbreak
20 February 2020 - DRB-Hicom’s Proton push
  1. More ​DRB-HICOM BHD stands to benefit from subsidiary Proton Holdings Bhd’s forecast earnings growth in financial year 2020 (FY20) and potential Shah Alam land monetisation following its relocation, CGS-CIMB Equities Research says
20 February 2020 - Malaysia can be electric car hub
  1. More ​Malaysia has the potential to be an electric vehicles (EV) and plug-in hybrid electric vehicles (PHEV) hub, Proton Holdings Bhd deputy chief executive officer Datuk Radzaif Mohamed said
20 February 2020 - NAP 2020: Strategies must be a game changer for auto industry
  1. More ​A new National Automotive Policy (NAP 2020), formulated to elevate Malaysia’s automotive industry to the next phase of industrial competitiveness, is all set to be unveiled
19 February 2020 - NAP2020 seen focusing on electrification
  1. More ​The latest blueprint for Malaysia’s automotive sector will most likely skew towards rewarding electrification and investments in energy efficient vehicles (EEVs)
18 February 2020 - Rubber glove makers to chart strong earnings on higher demand
  1. More The recent rally in the rubber glove counters has been spurred by the Covid-19 outbreak in China, higher demand for rubber products and resolved labour issues
18 February 2020 - NAP2020 to focus on technology
  1. More Industry players are looking at NxGV, the future and how that type of vehicle should be manufactured and assembled in Malaysia
17 February 2020 - Construction of US$3.4bil Pengerang complex by mid-2020
  1. More ​The construction of Pengerang Energy Complex Sdn Bhd (PEC) will kick off by mid-2020, said the Ministry of International Trade and Industry
15 February 2020 - Pulau Indah smelter to replace MSC’s Butterworth ops
  1. More ​The countdown to phase out the operation of Malaysia Smelting Corp Bhd’s (MSC) 118-year old iconic tin smelting plant in Butterworth has officially started
14 February 2020 - Sarawak gas deal expected to boost downstream activities
  1. More The partnership will further increase Sarawak’s participation in the domestic integrated O&G value chain
14 February 2020 - Outbreak may have potential spill-overs to pharma players
  1. More ​Pharmaceutical players could potentially benefit from a surge in demand for products related to the prevention of seasonal viral diseases with similar symptoms to the coronavirus, analysts observe, but also note that the impact to their respective bottom lines is likely to be minimal
12 February 2020 - Petronas committed to supporting Sarawak's O&G industry development
  1. More Petronas is committed to supporting the aspiration of the Sarawak Government in developing the oil and gas (O&G) industry for the benefit of the people of Sarawak and the nation
11 February 2020 - Sabah joint-venture to turn timber waste into biodegradable plastics
  1. More ​Sabah will be the world’s first to use technology that could convert waste from the timber industry into biodegradable plastics known as Benta X Project next year
10 February 2020 - A shot in the arm for Penang’s electronics and electrical sector
  1. More ​The electronics and electrical (E&E) sector in Penang continues to be resilience despite concerns over a global economic slowdown due to the US-China trade spat and the rapid outbreak of the deadly novel coronavirus
08 February 2020 - MARGMA sees nearly 20 pct surge in Malaysia's glove exports in 2020
  1. More Malaysia’s rubber glove exports are likely to surge nearly 20 per cent to 230 billion pieces in 2020, up from 192 billion pieces last year, as the world rolls up its sleeves to fight against the deadly novel coronavirus 2019 (2019-nCoV)
07 February 2020 - Sabah to focus on downstream industries to capitalise on natural resources, says CM
  1. More ​Sabah will focus on downstream industries to capitalise on its abundant natural resources and create employment for the people
07 February 2020 - MSC: Full smelting operations at Pulau Indah plant to start soon
  1. More ​Tin miner and metal producer Malaysia Smelting Corporation Bhd’s (MSC) relocation to its new smelting facility in Pulau Indah, Port Klang is progressing well and full smelting operations are expected to commence in the near term
06 February 2020 - World’s biggest glove-maker rallies with deadly Wuhan virus spreading
  1. More ​Lim Wee Chai heads the world’s biggest glove-maker, with 43 factories that can churn out 70.5 billion pieces every year. The coronavirus is putting those facilities to the test
06 February 2020 - Barkath to diversify into food sauces and personal hygiene products
  1. More ​Penang food manufacturer and distributor Barkath Group plans to diversify its product range by venturing into food sauces and personal hygiene equipment
05 February 2020 - ChemOne to build US$3.4b aromatics plant in Johor
  1. More Singapore-based ChemOne Group will undertake a US$3.38 billion project in Johor
05 February 2020 - XME business park sets benchmark for MVV 2.0 industrial and commercial development
  1. More ​Sime Darby Property Bhd is setting the benchmark for future industrial and commercial projects at the Malaysia Vision Valley 2.0 (MVV 2.0) through the development of the XME Business Park in Nilai Impian here
04 February 2020 - Jabil launches largest healthcare manufacturing solutions provider
  1. More Jabil Inc has announced the consolidation of its entire healthcare organisation under Jabil Healthcare, led by chief executive officer and executive vice-president, Steve Borges
04 February 2020 - LAM Research expands into Malaysia
  1. More Semiconductor equipment maker Lam Research Corporation (LRCX) is making its foray into the Malaysian market with a new advanced technology facility set to be built in the Batu Kawan Industrial Park in Penang
03 February 2020 - OM Sarawak to complete hot commissioning of plant
  1. More ​OM Materials (Sarawak) Sdn Bhd is expected to complete the hot commissioning of its new sinter plant in Samalaju Industrial Park, Bintulu in first half-2020
03 February 2020 - Rubber gloves demand jumps 100% globally
  1. More The increase is due to countries implementing defensive and preventive strategies to avoid cross contamination
03 February 2020 - Sabah launches own cooking oil brand
  1. More ​Sabah government’s ambition of producing a home-grown brand of cooking oil has been realised with the launch of Benta Enak Sedap Sehat (BESS)
01 February 2020 - Export of halal products to Japan to see positive growth, says Azmin
  1. More ​Malaysia’s export of halal products to Japan is expected to see a positive growth this year, driven by the collaboration between the Halal Industry Development Corporation (HDC) and AcrosX Japan Inc
29 January 2020 - Proton-packed Geely takes on Honda and Toyota in Southeast Asia
  1. More Li Chunrong was hired by Chinese automaker Geely to revive the fortunes of the Proton brand in Malaysia, and it took him two years to eclipse Japanese giants Honda and Toyota. Now he plans to take the fight across Southeast Asia and beyond
29 January 2020 - Sibu can play role to boost country's food production - CM
  1. More Sibu can play a pivotal role in fulfilling the federal government’s intention to boost food production in the country, according to Chief Minister Datuk Patinggi Dr Abang Johari Tun Openg
29 January 2020 - Commercial vehicles market pins hope on projects rollout
  1. More Companies have paused buying new vehicles to renew their fleets and instead opted to use existing vehicles much longer
29 January 2020 - Malaysia’s glove makers get urgent request from China
  1. More ​Malaysian glove makers have received an urgent request from China for more medical gloves following the outbreak of the coronavirus which started in Wuhan, China which has killed over 100 people
28 January 2020 - Sparking Malaysia's next EEV journey
  1. More Customised incentives framework has spurred the next phase development of the energy efficient vehicles (EEVs) in the country, Malaysia Automotive, Robotics and IoT Insttute (MARii) chief executive officer Datuk Madani Sahari said
28 January 2020 - Glove makers assure sufficient supply amid coronavirus spread
  1. More ​The Malaysian rubber glove industry is ready to supply medical gloves around the world, as global demand for the product is on the rise, following the coronavirus outbreak
28 January 2020 - Rubber glove makers ramp up production as demand surges due to virus
  1. More The coronavirus outbreak has stoked the need for select healthcare products and driven investors into shares of glove makers
27 January 2020 - VentureTECH expands investment portfolio into biotechnology
  1. More ​VentureTECH Sdn Bhd is expanding its investment portfolio into the biotechnology sector after investing RM5 million in Cell Tissue Technology Sdn Bhd (CTT)
25 January 2020 - NAP to benefit local car companies
  1. More ​The National Automotive Policy (NAP), which was supposed to be announced in the first quarter of last year, has been delayed and is expected to be revealed this quarter
25 January 2020 - LEM establishes new production plant in Penang
  1. More ​Switzerland-based electrical measurement company LEM is investing between CHF 5 million (CHF 1=RM4.19) and CHF 10 million to establish a new production plant in Penang in order to meet growing demand from its customers in the industrial and automotive sectors
25 January 2020 - Johor targets investments in petrochemical, manufacturing sector
  1. More The Johor state government plans to undertake a trade mission to Hong Kong next month in an effort to attract investments, especially in the petrochemical and manufacturing sectors
24 January 2020 - STMicro says will shift production to Malaysia if there is a Huawei ban
  1. More ​Franco-Italian chipmaker STMicroelectronics would still reach its mid-term revenue target in the event of a ban of Huawei telecoms components in Europe, its chief executive said after the group published better-than-expected earnings on growing demand for its next-generation products
23 January 2020 - Carmakers beat tough market in 2019 with over 600,000 units sold
  1. More The increase in TIV last year was contributed by the PV segment, which increased by 3.2% to 550,179
23 January 2020 - Government postpones implementing new formula for CKD models
  1. More ​The government has postponed implementing a new formula on duties that will raise prices of completely-knocked-down (CKD) vehicles until next year, potentially saving car-buyers thousands of ringgit
23 January 2020 - Top Glove announces RM3bil sukuk for refinancing and working capital
  1. More Top Glove Corporation Bhd’s wholly owned subsidiary, TG Excellence Bhd, has placed a RM3 billion perpetual sukuk programme with the Securities Commission Malaysia on January 22 to raise proceeds for refinancing and working capital purposes
22 January 2020 - Pahang reduces industrial category quit rent rates by 80%
  1. More ​Pahang has announced the reduction of quit rent rates of up to 80 percent for the industrial category effective immediately
22 January 2020 - MITI imposes anti-dumping duties on steel concrete from Singapore, Turkey
  1. More The government decides to impose final affirmative anti-dumping duties on imports of steel concrete reinforcing bar from Singapore and Turkey after concluding its investigation on the matter
22 January 2020 - Kedah attracts RM1.6 bil investment in green technology paper
  1. More ​China-based Zhejiang Element Holding Co Ltd is set to invest RM1.6 billion in the green technology paper industry in Kedah
21 January 2020 - Perodua to Invest RM1.06 Billion This Year for Factory, Production Line Improvements
  1. More ​Perodua has allocated RM1.06 billion for investment in 2020, with the majority of the investment has been earmarked for the improvement of its factory and production lines, according to its president and CEO Datuk Zainal Abidin Ahmad
20 January 2020 - Govt will determine the revised rates for excise duty: MITI
  1. More Ministry of International Trade and Industry (MITI) and the Ministry of Finance (MoF) are still in discussion to determine the revised rates for excise duty policy involving locally assembled vehicles
15 January 2020 - Kossan’s future net profit margin to be driven by capacity expansions
  1. More ​Kossan Rubber Industries Bhd’s (Kossan) financial year 2019 (FY19E) and FY20F net profit margin improvements has been projected to be to be driven by capacity expansions, improved internal efficiency and strong demand growth
14 January 2020 - Malaysian firm to set up region's first human tissue processing facility
  1. More ​Homegrown biotech company, Intran Technologies Sdn Bhd is collaborating with Netherlands-based medical devices group, Leader Biomedical, to establish the region’s first private-initiated human tissue processing facility in the country
13 January 2020 - Semiconductor to maintain momentum on rising 5G demand
  1. More US-China trade war made Malaysia an ideal manufacturing location for both E&E and semiconductor sectors
13 January 2020 - Malaysia’s manufacturing sales up 2.3% in November 2019
  1. More ​Malaysia’s manufacturing sales grew 2.3% year-on-year (YoY) to RM73.5 billion in November 2019 from RM71.8 billion recorded a year ago, according to the Department of Statistics Malaysia (DoSM)
09 January 2020 - Top Glove plans to produce more nitrile gloves
  1. More Top Glove Corp Bhd expects its production of nitrile gloves to grow rapidly, with volume firmly surpassing that of low-margin latex gloves by the end of the year
08 January 2020 - Industrial sector seen to be ‘promising’: Knight Frank
  1. More The outlook for Malaysia’s industrial sector remains positive moving into 2020, supported by various initiatives announced in Budget 2020, according to a report by Knight Frank Malaysia
07 January 2020 - Malaysia, China collaborate to establish first next-gen vehicle hub in SE Asia
  1. More Malaysia is collaborating with China to pave the way for the development of South East Asia's first next-generation vehicle (NxGV) hub here
07 January 2020 - DRB-Hicom inks two agreements to pursue automotive testing
  1. More ​DRB-Hicom Bhd has inked two agreements which will see its involvement in the collaboration and development of automotive testing
06 January 2020 - Plywood makers may see rebound in exports to Japan
  1. More Malaysian plywood manufacturers, which have been badly hit by the sharp drop in exports to its key market Japan over the past two years, will likely see a trend reversal this year
06 January 2020 - PMB Technology jumps on metallic silicon to unlock bigger opportunities
  1. More The appeal of silicon is apparent as more and more products capitalise on its near boundless possibilities
06 January 2020 - Combating pollution one motorbike at a time
  1. More Eclimo Sdn Bhd, the maker of Malaysia’s first electric motorcycle, uses patented lithium ion-based energy cells. Co-founder Datuk Dennis Chuah’s interest in bikes started when he was in secondary school in the 1980s. Like his peers, he desperately wanted a racing bicycle. But he did not want to burden his mother. So, he scavenged at metal junkyards to find parts to build his own
05 January 2020 - Sustainable reindustrialisation, opportunity to build new GVCs – MITI
  1. More ​Sustainable reindustrialisation provides an opportunity to build new global value chains (GVCs) that cannot be so easily shifted, besides a chance to bring in the latest environmentally friendly technologies and practices
03 January 2020 - Proton's full year 2019 sales surpass 100,000 units mark
  1. More Proton registered its highest 2019 sales in December, growing 112 per cent over the corresponding month in 2018 to 11,117 units
03 January 2020 - Firms enter 2020 on solid footing
  1. More ​Malaysia’s manufacturing sector is heading into 2020 on a firm footing, with survey data for December showing further momentum gains in output and new orders, said IHS Markit
02 January 2020 - Rubber gloves could experience growing demand in 2020
  1. More ​On the back of a positive results season, the rubber gloves sector is seeing signs of an uptick in demand in subsequent quarters, says Kenanga research
02 January 2020 - Malaysia’s headline PMI rises to 15-month high in December
  1. More ​Malaysia's manufacturing sector is heading into 2020 on a firm footing, with survey data for December showing further momentum gains in output and new orders
02 January 2020 - Powerwell plans to raise RM21.85mil on ACE Market
  1. More ​Powerwell Holdings Bhd plans to raise RM21.85 million proceeds from its initial public offering on Bursa Malaysia’s ACE Market involving 87.4 million new shares at 25 sen each
02 January 2020 - Malaysian factories strut into 2020 with strong showing at close of 2019
  1. More ​Local manufacturing activity rose to its highest since September 2018 in December of last year, according to the IHS Markit Malaysia Manufacturing Purchasing Managers Index (PMI)
30 December 2019 - MRO to be big contributor to Malaysia Aviation Group by 2025
  1. More ​Malaysia Airlines Bhd’s maintenance, repair and overhaul (MRO) unit is confident of becoming the third largest revenue contributor for its parent company, Malaysia Aviation Group by 2025
19 December 2019 - TOP opens second medical device company in Malaysia
  1. More ​Japanese medical device company TOP Corporation has opened its new manufacturing company Medijoy International in Tech-Valley Industrial Park in Seremban
18 December 2019 - Nadicorp partners Turkey's Nurol Makina for industrialisation of specialised vehicles
  1. More ​Nadicorp Holdings Sdn Bhd has signed a Memorandum of Understanding (MoU) with Nurol Makina of Turkey for a long-term partnership and collaboration to assist in the industrialisation of specialised vehicles inclusive of armoured technology and transfer
15 December 2019 - Industrial production still resilient despite softer growth in October: Research house
  1. More ​Malaysia’s year-to-date (YTD) Industrial Production Index (IPI) is still considered resilient, despite growth easing to 2.5% in October given the challenging external conditions that have yet to show any signs of improvement, according to Public Investment Bank (PIVB) Research
14 December 2019 - Petroventure Energy to build RM9.5 bln refinery in Sabah
  1. More ​Petroventure Energy Sdn Bhd Friday signed a Heads of Agreement (HOA) with Sabah Oil & Gas Development Corporation Sdn Bhd (SOGDC) to build Sabah’s first petroleum oil storage and refinery with investments of over US$2.3 billion (RM9.5 billion)
14 December 2019 - Japanese firm eyes investment in pellet wood industry in Tanjong Manis
  1. More ​A Japanese company is interested in investing in the pellet wood industry in Tanjong Manis, says Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan
13 December 2019 - Govt approves 4 manufacturing projects worth RM5.4b
  1. More The government has approved four manufacturing projects worth RM5.4bil in Sabah, Johor, Selangor and Penang which will create over 1,000 job opportunities
13 December 2019 - X70 CKD production triggers new developments in vendor ecosystem - Darell
  1. More The kick-start of Proton sport utility vehicle, X70, completely-knocked-down (CKD) production has unofficially set off new developments in Malaysia’s automotive vendor ecosystem, Minister of International Trade and Industry Datuk Darell Leiking said
12 December 2019 - Benns Chocolate launches Asia’s first open-concept chocolate factory
  1. More ​Benns Chocolate Factory Sdn Bhd, a premier Malaysian chocolate manufacturer, officially launched Asia’s first open-concept chocolate factory and cafe
12 December 2019 - Sarawak to emulate Brunei as global hydrogen supplier
  1. More ​Sarawak will emulate Brunei in supplying hydrogen to countries that use hydrogen as fuel such as Japan and South Korea
12 December 2019 - Penang govt to expand industrial land in Byram, Nibong Tebal
  1. More The Penang government plans to commence earthworks at Byram, Nibong Tebal as early as next year in its expansion of industrial land
10 December 2019 - N. Sembilan set to become smart manufacturing hub
  1. More Negeri Sembilan is set to become a smart manufacturing hub especially for small and medium enterprises with the signing of a collaboration agreement between YGL Convergence Bhd and the Negeri Sembilan Skills Development Centre (NSSDC)
10 December 2019 - China corporation shows interest in Sanichi’s halal park
  1. More ​Sanichi Technology Bhd’s Halal Gelatin Industrial Park has attracted interest from China State Construction Engineering Corp (CSCEC)
07 December 2019 - Sarawak to set up bio-industrial park in Kota Samarahan
  1. More ​Sarawak will set up its first Bio-Industrial Park in the Kota Samarahan division, Chief Minister Datuk Patinggi Abang Johari Tun Openg said
05 December 2019 - AMMI members to invest up to RM765 mln in 2020
  1. More ​The Association of Malaysian Medical Industries (AMMI) survey respondents plan to invest a collective amount of RM765 million in plant expansion, new product development, as well as research and development (R&D) in 2020
04 December 2019 - Penang posts highest manufacturing investments in a decade
  1. More ​Penang has recorded its highest number of total approved manufacturing investments in a decade when the state brought in RM13.3 billion worth of capital in the first nine months of this year
03 December 2019 - Sabah woos Japanese biofuel company
  1. More Sabah is going all out to woo Japanese companies in teaming up with the state to capitalise on the latter’s fledgling palm oil industry
02 December 2019 - Sanichi to set up ASEAN's first JAKIM-certified halal gelatin plant in Melaka
  1. More ​Sanichi Technology Bhd's subsidiary BCA International Sdn Bhd will be developing Malaysia and ASEAN's first halal gelatin plant certified by Jabatan Kemajuan Malaysia (JAKIM) and the first halal gelatin industrial park, to be known as Melaka Halal Gelatin Industrial Park (MHGIP)
02 December 2019 - ASEAN's first halal gelatin industrial park in Malaysia by Sanichi
  1. More Sanichi Technology Bhd (STB) is set to build ASEAN’s first Halal Gelatin Industrial Park
02 December 2019 - Worst seen over for O&G sector
  1. More Following the oil price crash of 2014, there has been little excitement among oil and gas (O&G) companies listed on Bursa Malaysia, until this year, as anticipation climbs from expected oil majors’ swing back to spending mode, and the trickle-down effects that it will bring
02 December 2019 - Mohd Shafie proposes to Toyota to set up plant in Sabah
  1. More ​Chief Minister Datuk Seri Mohd Shafie Apdal has proposed for the renowned Japanese automotive company, Toyota Motor Corporation, to open its automotive component assembly plant in Sabah


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Last Updated : Tuesday 24th March 2020