Industry News


29 June 2020 - Pecca ventures into PPE business
  1. More ​Pecca Group Bhd’s wholly-owned subsidiary Pecca Leather Sdn Bhd is venturing into developing, producing and supplying of personal protective equipment (PPE) that include face masks, face shields, and PPE garments to both the commercial and medical communities
29 June 2020 - Lotte Chemical on track to be top-tier Asean petchem firm
  1. More ​Lotte Chemical Titan Holding Bhd’s vision to become a top-tier petrochemical company in the Southeast Asia region by 2024 remains intact, despite the current market turbulence
26 June 2020 - AT Systemisation seals deal to acquire industrial glove maker for RM22mil
  1. More ​AT Systemisation Bhd (ATS) is acquiring an industrial glove maker Pearl Glove Sdn Bhd (PGSB) for RM22 million cash
24 June 2020 - Spritzer Q1 earnings up 13.8%, thanks to lower manufacturing costs
  1. More ​Spritzer Bhd saw a 13.8% rise in its net earnings for the first quarter ended March 31 to RM8.79 million, from RM7.71 million previously mainly due to lower manufacturing costs
24 June 2020 - O&G industry urged to make use of Southeast Asia's biomass resources
  1. More ​The oil and gas (O&G) industry should start exploring how to make use of the biomass resources available in Southeast Asia and incorporate them into its sustainable development plans, according to Petronas process technology manager Mok Thye Yee
23 June 2020 - US-based Dexcom chooses Malaysia to open third continuous glucose monitoring manufacturing system site
  1. More ​DexCom, Inc. (Nasdaq: DXCM), a global leader in continuous glucose monitoring (CGM) for people with diabetes headquartered in San Diego, California, has chosen Batu Kawan Industrial Park as their third manufacturing site. This new site, the first outside of the United States (US), will help increase the production of Dexcom’s industry-leading CGM systems
22 June 2020 - Daibochi to spend RM60mil on 13 new production lines
  1. More ​Daibochi Bhd is allocating RM60 million capital expenditure to install 13 new lines for its printing, lamination, and bagging processes
22 June 2020 - Kawan Food adapts to new norm
  1. More ​Despite the difficulties arising from the implementation of the Movement Control Order (CPP), Kawan Food Bhd was able to adjust its operations to the new norms in enduring the COVID-19 pandemic
21 June 2020 - Rise of the PPE industry
  1. More ​The fight against the Coronavirus Disease 2019 (Covid-19) is still far from over even as governments worldwide begin to ease the lockdowns that were put in place to curb its outbreak
21 June 2020 - JCorp identifies potential investments worth up to RM17.4 bln for PIP
  1. More ​Johor Corporation (JCorp) has identified investments worth up to RM17.4 billion that can potentially be brought into the Pengerang Industrial Park (PIP) near Kota Tinggi, which will become the premier regional hub for the processing of downstream products based on oil and gas (O&G)
17 June 2020 - Duopharma Biotech to expand consumer healthcare business
  1. More ​Duopharma Biotech Bhd said its strategies moving forward include expanding its consumer healthcare (CHC) product portfolio and diversifying into high-value biologicals and niche products
17 June 2020 - Malaysia's E&E to play critical role post-Covid-19
  1. More ​SEMI Southeast Asia believed that the Malaysian electrical and electronics (E&E) landscape will remain robust in the coming months
16 June 2020 - MITI grants extension of project implementation period for manufacturing sector
  1. More ​The Ministry of International Trade and Industry (MITI) has agreed to extend the project implementation period for companies which have been accorded manufacturing licences under the Industrial Coordination Act 1975
16 June 2020 - Chocolate hub to be set up in Langkawi - minister
  1. More ​The Plantation Industries and Commodities Ministry is planning to set up a chocolate entrepreneur hub in Langkawi to boost the cocoa commodity sector in the country, while increasing tourism products in the island
16 June 2020 - AME builds plant for one of world's leading EMS providers in Johor
  1. More ​Integrated industrial space solutions provider AME Elite Consortium Bhd is building a 10,000 square meter high-performance factory for global EMS provider Enics AG (Enics)
15 June 2020 - CCM to execute three-pronged strategy to manage COVID-19 impact
  1. More ​Chemical Company of Malaysia Bhd (CCM) has outlined a three-pronged strategy to manage the impact of the COVID-19, encompassing prioritisation of capital expenditures, heightened monitoring of working capital requirements and ensuring cash availability and liquidity at all times
15 June 2020 - CCM expects rising demand for other chemical products to cushion caustic soda margin squeeze
  1. More ​Chemical Company of Malaysia Bhd (CCM) sees rising demand for some chemical products amid the Covid-19 pandemic but the group cautions that it continues to face margin compression as prices of its core contributor, caustic soda, remain weak
15 June 2020 - Glove players may return to spotlight on Covid-19 resurgence
  1. More ​Glove players may return to the spotlight in view of renewed concerns over a second wave of the Covid-19 pandemic, said Malacca Securities
12 June 2020 - Better Malaysian exports looming as global economy starts opening up
  1. More ​The global Industrial Production Index (IPI) is expected to improve as economies start to open up, eventually contributing to better Malaysian export performance, said MIDF Research
12 June 2020 - Kenanga: Industrial production to make a comeback in near term
  1. More ​Malaysia's industrial production is expected to make a comeback in the near term following the gradual reopening of the economy, says Kenanga Investment Bank
12 June 2020 - Condom-maker Karex to expand sanitiser production
  1. More ​The world’s biggest condom maker, Karex Bhd, is responding to the Covid-19 pandemic by expanding production of sanitising products
10 June 2020 - Initiatives to spur auto, autoparts segment
  1. More ​Analysts laud the sales tax holiday for passenger cars as one of the initiatives under the latest National Economic Recovery Plan (Penjana) stimulus package, but forewarn that total industry volume (TIV) will likely stay pressured
10 June 2020 - AEM's unit and Palm Pro form JV company
  1. More ​AE Multi Industries Sdn Bhd (AEMI), a wholly-owned subsidiary of AE Multi Holdings Bhd (AEM), has entered into a Heads of Agreement with Palm Pro Engineering Sdn Bhd to form a proposed joint venture (JV) business via establishment of a company for the group to diversify into palm oil milling business
09 June 2020 - Supermax buys RM22m land in Klang for future capacity expansion
  1. More ​Supermax Corp Bhd is buying a 2.02ha plot of land in Klang, Selangor for RM21.78 million for the future expansion of the group’s manufacturing capacity, it said in a bourse filing today
09 June 2020 - Developer turns into glove maker
  1. More ​Property developer Permaju Industries Industries Bhd is venturing into the glove manufacturing business as demand for rubber gloves continues to advance worldwide amid the Covid-19 pandemic
06 June 2020 - National Economic Recovery Plan to bode well for auto sector — Aminvestment Bank Research
  1. More ​AmInvestment Bank Research has upgraded the auto sector to "overweight" (from "neutral") and said the cut in sales tax for motor vehicles sales announced in the government’s National Economic Recovery Plan (Penjana) will a boost for the sector
06 June 2020 - Manufacturers laud PENJANA's inclusion of all economic sectors
  1. More ​The Federation of Malaysian Manufacturers (FMM) has commended the government's PENJANA Economic Recovery Plan, saying it is a comprehensive package that encompasses all segments of the economy and focuses on securing jobs
06 June 2020 - PACU to facilitate approvals, speed up implementation of manufacturing projects, says Azmin
  1. More ​The Malaysian Investment Development Authority (MIDA) will set up a new unit called the Project Acceleration and Coordination Unit (PACU) to facilitate the approval process and speed up the implementation of approved manufacturing projects
05 June 2020 - Tax holiday for new capital investments above RM300 million in manufacturing
  1. More ​Malaysian government is granting a tax holiday for companies, both foreign and local, which intend to make capital investment of more than RM300 million
04 June 2020 - E&E sector poised to remain firm thanks to govt proactive measures, says MIDA
  1. More ​The electrical and electronics (E&E) industry —Malaysia's largest export earner in 2019 — is poised to remain firm this year, despite the Covid-19 crisis, says the Malaysian Investment Development Authority (MIDA)
04 June 2020 - ‘It’s a multi-year story for glove makers, not just a blip’
  1. More ​The craze for rubber glove shares amid the COVID-19 pandemic is nowhere near the end just yet, said Maybank Kim Eng
04 June 2020 - MIDA: Timely, critical for E&E companies in Malaysia to assess supply chain
  1. More ​It is timely and critical for electrical and electronics (E&E) companies to assess and consider diversifying their supply chain, said the Malaysian Investment Development Authority (MIDA)
04 June 2020 - Perodua ready to step forward to ensure industry's continued survival
  1. More Perodua is eager and ready to step forward and work with the government to ensure the industry's continued survival during the current difficult time of COVID-19 outbreak and the Movement Control Order (MCO)
04 June 2020 - Daikin considering producing anti-virus air purifiers in Malaysia
  1. More Japan-based Daikin Industries Ltd (Daikin), one of the world’s largest air conditioner makers, is contemplating manufacturing its virus-eliminating air purifiers in its plant in Malaysia, a Japanese business publication reported
03 June 2020 - Penang’s manufacturing investments jumps 192% in 2019
  1. More ​Penang’s total approved manufacturing investments rose by 192 per cent year-on-year to RM16.9 billion in 2019, from RM5.8 billion in 2018
03 June 2020 - Bosch to set up new plant in Penang
  1. More ​Robert Bosch Sdn Bhd (Bosch Malaysia) plans to build a manufacturing facility in Penang focusing on the business of semiconductor components and sensor testing
02 June 2020 - B. Braun expands global test centre for medical devices in Penang
  1. More ​Germany headquartered medical technology company B. Braun is expanding its portfolio of testing capabilities for healthcare solutions in Penang
02 June 2020 - PMI recovery suggests signs of stabilisation, growth in 3Q20
  1. More ​Malaysia’s Manufacturing Purchasing Managers’ index (PMI), which jumped to 45.6 in May from April’s record low of 31.3, has suggested signs of stabilisation and may be heading for growth in the third quarter of 2020, an investment bank and research house said
01 June 2020 - K-One secures licence to manufacture low-cost ventilators for use in Covid-19 treatment
  1. More K-One Technology Bhd has been awarded a licence to manufacture and distribute low-cost breathing ventilators developed by NASA Jet Propulsion Laboratory (NASA JPL) for use by Covid-19 patients
01 June 2020 - Craze for glove makers spills over to small-cap stocks linked to healthcare
  1. More The market's craze for glove counters amid the coronavirus pandemic, which has sent the main players' share price soaring, has spilled over to smaller-cap glove production auxiliary players, medical equipment distributors, ventilators producers and face-mask material producers
01 June 2020 - Malaysia's PMI rises sharply in May, indicating economic downturn have bottomed out - IHS Markit
  1. More ​The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose sharply to 45.6 in May 2020 from the record low of 31.3 in April 2020 survey
01 June 2020 - Leong Hup International acquires the Baker's Cottage
  1. More ​Regional poultry producer Leong Hup International Bhd (LHI) has acquired the entire equity interest in food manufacturer and distributor The Baker’s Cottage Sdn Bhd (TBC) for RM17.94 million
29 May 2020 - SEMICON Southeast Asia 2020 goes virtual
  1. More SEMICON Southeast Asia 2020 is going virtual as the region’s premiere global electronics manufacturing supply chain exposition and conference continues its tradition of gathering industry experts from around the world for critical insights into the semiconductor ecosystem, new business opportunities and collaboration, said the U.S.-based Semiconductor Equipment & Materials International (SEMI)
28 May 2020 - FGV sees creation of sustainable revenue stream from integrated farming business
  1. More ​FGV Holdings Bhd, which has embarked on a transformation programme, hopes to see its newly-ventured integrated farming business generate an earnings before interest, taxation, depreciation and amortisation (EBITDA) margin of 15% by 2023
27 May 2020 - Press Metal to focus on upstream, smelting ops
  1. More ​Press Metal Aluminium Holdings Bhd (Press Metal) sees its upstream investments and expansion of its smelting operation as building blocks for its future amidst the current turbulent economic environment brought on by US-China trade dispute and the Coronavirus Disease 2019 (Covid-19) pandemic
27 May 2020 - MSM to consolidate sugar-refining operations
  1. More MSM Malaysia Holdings Bhd will be consolidating its refined sugar production by relocating its factory operations for MSM Perlis Sdn Bhd (MSMP) in Chuping to MSM Sugar Refinery (Johor) Sdn Bhd (MSMJ) in Pasir Gudang and MSM Prai Bhd (MSMPB) in stages from June 20
27 May 2020 - Supermax completes RM20 mln land purchase
  1. More ​Supermax Corp Bhd has announced the completion of its previously proposed acquisition of a 2.02-hectare industrial land in Meru, Klang for RM20 million on May 22, 2020
23 May 2020 - Local semiconductor industry changes game plan as playing field shifts due to geopolitics, Covid-19
  1. More ​Between global supply chain disruption caused by the Covid-19 pandemic to the great decoupling between the US and China, it seems semiconductor and semiconductor-related firms in Malaysia simply could not catch their breath since the beginning of this year
22 May 2020 - FGV and MSM expedite development of RM100m agro-food valley in Perlis
  1. More ​FGV Holdings Bhd (FGV) and its subsidiary MSM Malaysia Holdings Bhd (MSM) are expediting their plan to develop a new agriculture growth area called FGV Agro Food-Valley in Chuping, Perlis
21 May 2020 - These Malaysian companies jump onto the pandemic bandwagon, how many will make it?
  1. More ​There is an increasing number of Bursa Malaysia-listed companies announcing plans to divert their production and distribution capabilities into manufacturing medical products and equipment, such as face masks and shields, hand sanitizers and disinfectant products, as well as medical ventilators
21 May 2020 - Poly Glass Fibre ventures into making melt-blown non-woven fabric for surgical face masks
  1. More Yet another company is venturing into the production of personal protective gear (PPE) which has seen demand skyrocket due to Covid-19
20 May 2020 - Malaysian Plastics makers to make swabs for COVID-19 mass testing
  1. More ​Specialised swab sticks made in Malaysia are heading for clinical trials and, if approved, will pave the way for COVID-19 mass testing, said the Malaysian Plastics Manufacturers Association (MPMA)
19 May 2020 - Perodua restarts operations nationwide after MCO closure
  1. More ​Perodua announced today the car manufacturer has resumed operations at all 182 sales, 202 service, and 68 body and paint outlets nationwide, after a two-month closure due to Malaysia's Movement Control Order (MCO) to curb the Covid-19 pandemic
18 May 2020 - Automakers resume operations
  1. More ​Automakers are seeing a slow start to business under the conditional movement control order (CMCO), as car buyers cautiously adjust to the new normal
18 May 2020 - Hartalega ramps up glove production to meet global demand
  1. More ​Hartalega Holdings Bhd, which posted record-high annual revenue for the financial year ended March 31, 2020 (FY20), will continue to expand production capacity to meet global growth in demand for rubber gloves, according to its managing director Kuan Mun Leong
18 May 2020 - Selangor to become aerospace's big regional player in six to seven years
  1. More ​Invest Selangor Bhd’s newly-launched division, the Selangor Darul Ehsan Aerospace Industry Coordination Office (S-Daico), targets to transform the state to become a major regional player in the aerospace industry in the next six to seven years
18 May 2020 - Malaysian factories able to produce 5 mln pieces key PPEs a month
  1. More ​Malaysian manufacturers have boosted production of certain types of key Personal Protective Equipment (PPEs) to five million pieces a month and can ramp up capacity further
15 May 2020 - Malaysia ready to capitalise on China’s manufacturing exodus
  1. More However, Malaysia needs to be selective and can do so by rejecting any company with any dated technology
14 May 2020 - Universal Robots’ urges SMEs to adopt robotic automation
  1. More ​Universal Robots, a Denmark-based collaborative robots (cobots) technology market leader, has urged Malaysia’s small and medium enterprises (SMEs) to accelerate the adoption of robotic automation to remain competitive and efficient
14 May 2020 - Caely to make face masks and PPE for Ni Hsin
  1. More ​Caely Holdings Bhd will make fabric protective masks and personal protective equipment (PPE) for Ni Hsin Resources Bhd under an agreement signed today
14 May 2020 - An inside look at QL Eco Farm's egg production
  1. More ​Chicken eggs are a common food item among Malaysians that confer a multitude of nutritional value, as well as a handy ingredient in the kitchen -- delicious on their own, and of course, they can be turned into a variety of dishes quickly and easily
12 May 2020 - K-One Tech: Nasal swabs for Malaysia
  1. More ​K-One Technology Bhd (K-One Tech) said today the nasal swabs it intends to manufacture are to be marketed in Malaysia, subject to getting the requisite approval from the authorities
12 May 2020 - Solid demand for ventilator chips for Covid-19 treatment
  1. More ​Key ASIC Bhd says it sees significant demand surge for chips that go into the ventilators recently
12 May 2020 - WRP Asia ramps up production to tap on global rubber glove demand
  1. More ​Rubber glove manufacturer WRP Asia Pacific Sdn Bhd, which only produces five per cent of Malaysia’s overall capacity, is a fine example that size does not matter, as it joins the giants of the industry in meeting the global demand for rubber gloves to beat the COVID-19 pandemic
12 May 2020 - Pertima Terengganu to expand production capacity to 22,000 cans daily
  1. More ​Canned food products manufacturer, Pertima Terengganu Sdn Bhd is expanding its production capacity to 22,000 cans per day to meet customers’ demand
08 May 2020 - Keysight opens regulatory test lab in Penang
  1. More ​Keysight Technologies Inc, a technology company headquartered in Santa Rosa, California, United States, announced the opening of its new Regulatory Test Laboratory in Penang on May 6, 2020
06 May 2020 - K-One ventures into nasal swabs manufacturing business
  1. More ​Technology solutions provider K-One Technology Bhd is venturing into the manufacturing of nasal swabs business, which are used to collect fluid specimen from the back of the nasal cavity
05 May 2020 - Nestle Malaysia to spend highest capex in six year, posts resilient FY20
  1. More Nestle (Malaysia) Bhd chief executive officer Juan Aranols said RM280 million capital expenditure this year would be used to expand Nestlé Malaysia’s current production capacity for MAGGI Noodles
04 May 2020 - Rubberex plans RM31m private placement to expand nitrile glove production lines
  1. More ​Rubberex Corp (M) Bhd is planning to undertake a private placement to raise RM31 million to expand its production lines for nitrile gloves
01 May 2020 - Rubber gloves demand continues to surprise on the upside
  1. More ​Demand for rubber gloves continues to surprise analysts on the upside, as some manufacturers have locked in orders until the end of 2020
28 April 2020 - Supernormal Rubberex riding on exceptionally high gloves demand
  1. More ​Rubberex Corp Bhd may see a "supernormal growth", riding on the spike in demand for gloves in light of Covid-19, said RHB Investment Bank Bhd
28 April 2020 - Notion Vtec units to ramp up ops to full capacity following MITI’s announcement
  1. More ​Precision components manufacturer Notion Vtec Bhd said its units will ramp up operations to full capacity tomorrow (April 29), following the relaxation of the Movement Control Order announced by the Ministry of International Trade and Industry (MITI)
27 April 2020 - MSM expands production portfolio in non-refined sugar segment
  1. More ​MSM Malaysia Holdings Bhd is banking on its production portfolio expansion in the non-refined sugar segment to boost earnings and increase its Johor’s plant utilisation factor
27 April 2020 - Dialog continues upward momentum on demand for petroleum storage facility
  1. More ​While oil and gas counters are trading on a choppy mode due to volatility in global oil price, the local oil and gas services company Dialog Group Bhd had bucked the trend by recording a steady upward momentum
24 April 2020 - UMS' Penang factory gets nod to continue operations
  1. More ​Precision engineering firm UMS Holdings Ltd has received an approval from the Malaysian authorities for its Penang factory to continue operations during Malaysia’s Movement Control Order (MCO) extension period
24 April 2020 - FGV diversifies into dairy products with Bright Cow
  1. More ​FGV Holdings Bhd has widened its venture into the local food industry with its Bright Cow brand dairy products through subsidiary FGV Dairy Farm Sdn Bhd
23 April 2020 - Covid-19: Hartalega plant utilisation tops 90% as glove demand surge
  1. More ​Hartalega Holdings Bhd told analysts that the rubber glove manufacturer’s sales lead time has increased to five months from two months, while plant utilisation rate rose above 95% from 88% in the previous financial year, as the Covid-19 pandemic led to a surge in demand for the company’s products
23 April 2020 - Malaysian MRO firm ExecuJet gets FAA approval for Falcon 900 aircraft
  1. More ​ExecuJet MRO Services Malaysia, which is part of French aerospace company Dassault Aviation SA's factory-owned service centre network, has been certified by the US Federal Aviation Administration (FAA) to perform line maintenance on Falcon 900 aircraft including the 900EX, 900EX EASy, 900DX and 900LX
22 April 2020 - MCE seeks collaboration with Taiwanese firm to make automotive lighting parts
  1. More ​MCE Holdings Bhd is teaming up with Taiwan-based Juoku Technology Co Ltd to develop, produce and supply automotive lighting parts in Malaysia
22 April 2020 - Business as usual for Guan Chong despite MCO
  1. More ​For cocoa manufacturer Guan Chong Bhd (GCB), business is running as usual with only minor disruptions to its operations, despite the Movement Control Order (MCO) following the COVID-19 pandemic that is affecting the broad economy
22 April 2020 - Kedah ranks 5th highest in investment value in 2019 - Mukhriz
  1. More ​Kedah took the fifth place in terms of investment value achieved last year, behind Selangor, Penang, Johor and the Federal Territory of Kuala Lumpur, said Menteri Besar Datuk Seri Mukhriz Tun Dr Mahathir
22 April 2020 - Penang attracts largest FDI in manufacturing sector
  1. More Penang attracted approved foreign direct investment (FDI) of RM15 billion in the manufacturing sector last year, the largest in the country, said Chief Minister Chow Kon Yeow
18 April 2020 - COVID-19 pandemic to push up rubber price, demand for rubber gloves - MRB
  1. More ​The COVID-19 pandemic will drive up the rubber price in the market to a higher level as well as increase the demand for Malaysian rubber gloves this year, said the Malaysian Rubber Board (MRB)
17 April 2020 - Penang manufacturing industry needs to adjust production capacity to cope with COVID-19
  1. More ​The Penang government has directed the Penang Development Corporation (PDC) and InvestPenang to engage the manufacturing industry in the state to assess the possibility of adjusting their production capacities in coping with COVID-19 crisis
17 April 2020 - Utilise textile industry’s capacity to mass produce PPE amid surge in demand, says economist
  1. More ​Mass manufacture of personal protective equipment (PPE) makes sense in light of the surge in demand for such wear for healthcare workers in the fight against Covid-19 in Malaysia, said Bank Islam chief economist Dr Mohd Afzanizam Abdul Rashid
16 April 2020 - Rubber glove exports expected to hit RM20b in 2020
  1. More ​Malaysia, the world’s top rubber glove producer, expects to export 225 billion units worth some RM20 billion this year, up from 170 billion units valued at RM17.3 billion last year
15 April 2020 - Kossan Rubber to benefit from re-stocking activities amid pandemic
  1. More ​Kossan Rubber Industries Bhd is expected to benefit from a ramp-up in re-stocking activities due to the ongoing COVID-19 pandemic, and is likely to register a solid first quarter (Q1 2020) result due end-May, said Kenanga Research
14 April 2020 - Top Glove, Hartalega surge as global demand soars
  1. More ​Shares of Top Glove Corp Bhd and Hartalega Holdings Bhd hit their all-time highs as demand for rubber gloves spikes amid the Covid-19 pandemic
14 April 2020 - Malaysian glovemakers now more valuable than casino, airport operators
  1. More ​Top Glove Corp Bhd, the world’s largest glove manufacturer in terms of capacity, saw its market capitalisation (cap) hit a record high of RM17.09 billion yesterday, as its share price climbed 17 sen or 2.6% to settle at RM6.67
13 April 2020 - K-One Eyes production of ventilators to fight COVID-19
  1. More ​K-One Technology Bhd plans to expand its medical and healthcare product portfolio by venturing into the manufacture of ventilators for supply to hospitals
13 April 2020 - Malaysia Feb manufacturing sales up 7% y-o-y at RM110.6b
  1. More Malaysia's February 2020 manufacturing sales grew 7% year-on-year (y-o-y) to RM110.6 billion from RM103.4 billion, driven by petroleum, chemical, rubber and plastic products, besides food, beverage and tobacco items and electrical and electronic entities, the Department of Statistics said
13 April 2020 - Malaysia's Feb factory output up 5.8% y-o-y as electricity, mining and manufacturing rise
  1. More Malaysia's industrial production index grew 5.8% year-on-year (y-o-y) in February 2020, driven by the increase in the electricity, mining and manufacturing indices
10 April 2020 - Malaysian firms led by world's top glove maker prioritise medical supplies
  1. More ​Top Glove Corp Bhd, the world's biggest maker of medical gloves, plans to start producing face masks to meet rising demand from the coronavirus outbreak, a top executive told Reuters
08 April 2020 - Notion Vtec’s units get nod to operate during MCO
  1. More ​Precision parts manufacturer Notion VTec Bhd’s said its wholly-owned subsidiaries NotionVenture Sdn Bhd and Notion International (M) Sdn Bhd are allowed to operate during the movement control order (MCO) period set by the Ministry of International Trade and Industry (MITI)
07 April 2020 - LKL International clinches RM7m deal to supply PPE to Sarawak health department
  1. More ​LKL International Bhd has secured a contract to supply personal protective equipment (PPE) to the Sarawak state health department, valued at RM7.08 million, to tackle the Covid-19 outbreak
06 April 2020 - Malaysia automotive TIV to be adversely impacted by economic headwinds from Covid-19 — MAA
  1. More Malaysia's total industry volume (TIV) for the automotive sector is expected to be adversely impacted by the economic impact brought on by the Covid-19 pandemic
03 April 2020 - Kossan unit sells land for RM153m
  1. More Kossan Rubber Industries Bhd’s wholly-owned Ideal Quality Sdn Bhd (IQ) is selling an estimated 39ha (390,397 sq m) vacant freehold industrial land in Kuala Langat, Selangor for RM153.38 million to raise funds to finance the expansion of the group’s rubber glove production in Bidor, Perak
02 April 2020 - Kinsteel unit in talks to form JV with Tianjin Qiangbang Industrial to run steel mill in Kedah
  1. More ​PN17 company Kinsteel Bhd said its wholly-owned subsidiary Kin Kee Steel Service Centre Sdn Bhd (KKSSC) had entered into a letter of intent to start negotiation with Tianjin Qiangbang Industrial Co Ltd to form a joint venture company (JVC) to run a steel mill at Gurun, Kedah
02 April 2020 - JCY gets nod to operate during MCO period
  1. More ​A wholly-owned subsidiary of JCY International Bhd has been allowed to operate during the Movement Control Order (MCO) period by the Ministry of International Trade and Industry (MITI)
01 April 2020 - Malaysia least impacted as Asean manufacturers report their worst month on record in March
  1. More ​Malaysia manufacturers appeared to be the least impacted in March 2020 as operating conditions across the Asean region's manufacturing sector deteriorated markedly as the Covid-19 pandemic led to a collapse of client demand and disrupted supply chains, according to the latest IHS Markit Purchasing Managers’ Index (PMI) data


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Last Updated : Thursday 9th July 2020