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Old May 6th, 2019, 03:13 AM   #161
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Malaysia manufacturing PMI rises to 7-month high in April to 49.4
Surin Murugiah May 02, 2019 08:44 am +08

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KUALA LUMPUR (May 2): Malaysia’s Nikkei Manufacturing Purchasing Managers’ Index (PMI) rose markedly to reach a seven-month high in April amid a return to growth for export orders.

The Nikkei Malaysia Manufacturing PMI rose in April to its highest since September 2018, recording 49.4 compared to 47.2 in March to return to its long-run average.

The rise in the PMI is broadly indicative of GDP growth accelerating to just over 5% according to historical comparisons.

In a statement today, IHS Markit which compiles the data, said key to the upturn in the PMI was a renewed improvement in foreign demand in April, which had weakened business trends in prior months.

It said new export orders rose for the first time in five months.

Higher workloads from overseas sources were attributed to business wins in Europe, the US and countries in Asia such as Singapore and Japan, it said.

IHS Markit chief business economist Chris Williamson said April saw the picture of Malaysia’s manufacturing economy brighten considerably, fuelled by the first improvement in export demand since last November.

“The headline PMI showed its largest monthly rise for nearly one and a half years, suggesting manufacturing should help drive faster economic growth to just over 5% at the start of the second quarter, with the trade drag easing compared to prior months.

“The survey also brought signs that firms have an improved appetite to expand capacity, taking on staff in greater numbers as business confidence in the outlook jumped to its highest for over five years, adding to hopes that the slowdown has bottomed out.

“Much will of course depend on the external environment, and a sustained upswing will be contingent on improving global trade flows,” said Williamson.
https://www.theedgemarkets.com/artic...high-april-494
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Old May 12th, 2019, 01:08 AM   #162
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'Malaysia well-positioned to be a primary smart manufacturing destination'
By NST Business - May 7, 2019 @ 4:14pm
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KUALA LUMPUR: Malaysia is well positioned to be a primary destination for smart manufacturing and high technology activities by leveraging on its strong manufacturing foundation.

Deputy International Trade and Industry Minister Dr. Ong Kian Ming said a strong manufacturing sector would pave way to enhance productivity, job creation, innovation capacity, high-skilled talent development and economic and societal well-being.

“The evolving global manufacturing landscape calls for firms to re-evaluate their current approaches and strategies to remain relevant and competitive.

“Today’s manufacturing processes have developed and evolved to focus on other core capabilities such as design and product development as well as supply chain management,” he was speaking at the opening ceremony of the SemiCon Southeast Asia 2019, here, today.

Dr. Ong said the electrical and electronic (E&E) sector continues to be the driver of high technology, contributing to the nation’s gross domestic product.

“In 2018, E&E exports represented 38 per cent of Malaysia’s total exports, the only sector recorded a trade surplus for 10th consecutive years,” he added.


He said the growth of the E&E sector would continue to spearhead and dominate the country’s export earnings as global demand in electronics content is driven by advancement in technology and the Fourth Industrial Revolution.

“With good support from industry partners to complement the policy makers, changes can be made to accommodate and predict precisely how this transformation will impact different industries and countries,” he said.

SemiCon chief executive officer Ajit Manocha said the exhibition underscores the significance of the E&E segment’s economic contribution to Malaysia.

“The showcase aims to bridge Malaysia’s three important electronics clusters, while serving as a central connection point to the rest of Southeast Asia’s electronics manufacturing supply chain,” he said.

Ajit added that rapid proliferation of digital technology across a multitude of applications market, Southeast Asia electronics manufacturing would continue to expand its semiconductor market share.

At the SemiCon event, Malaysian Investment Development Authority will have 16 companies at the Malaysia pavilion, representing various activities and products in the electronics value chain and ecosystem.

SemiCon Southeast Asia 2019 highlights also include the supplier search programme, World of IoT fund pitching and business-matching sessions, industry VIP networking, and the Southeast Asia Investment Forum.
https://www.nst.com.my/business/2019...ng-destination
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Old July 15th, 2019, 09:44 PM   #163
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KPMG survey: Robots will replace 1 in 5 jobs in 5 years
Bernama July 15, 2019 17:10 pm +08


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KUALA LUMPUR (July 15): One of five jobs will be replaced by artificial intelligence (AI) and automation within five years, as organisations worldwide focus on utilising these technologies to improve efficiencies in their businesses, according to a survey.

The new jobs will appear to compensate and enable employees to perform higher level roles, leading to a significant reorganisation of roles across the business, said the 2019 CIO Survey published jointly by KPMG International and Harvey Nash.

KPMG Malaysia managing partner Datuk Johan Idris said over the past year, organisations have seen an increase in technology investment worldwide and it is only a matter of time until robots and other cognitive technologies become a staple in the workplace.

“To realise the full potential of these technologies, organisations must think beyond technological investments and instead, focus on broad-ranging transformation strategies.

“It is more critical than ever for business leaders to take the initiative to upskill their workforce, while also focusing on attracting and retaining new talents, thus ensuring they are future-ready,” he said.

However, due to the increased focus on technology investments, the report said, technology leaders are struggling to find the right talent with skills shortages being at their highest since 2008.

The survey identified big data/analytics (44%), cyber security (39%) and AI (39%) as the three scarcest skill areas, which could act as a bottleneck to growth for organisations who are seeking to transform their businesses.

As of 2019, only 16% of organisations have implemented AI in the automation of some of their processes, but the number is rising as these technologies become more accessible.

KPMG’s Head of IT-Enabled Transformation in Malaysia, Alvin Gan, said business leaders must learn to make the most of both kinds of labour, as they anticipate a future of collaborations between human and AI/automation.

“This emphasises the need for business leaders to ensure that their workforce maintains a relevant skill set,” he added. — Bernama
https://www.theedgemarkets.com/artic...5-jobs-5-years
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Old July 25th, 2019, 05:59 AM   #164
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Aerospace Composites Malaysia Sdn Bhd
Boeing composite supplier
Bukit Kayu Hitam, Kedah


https://maia.my/2018/07/10/members-s...ites-malaysia/

Composites Technology Research Malaysia (CTRM)
Airbus composite supplier
Batu Berendam, Melaka
https://www.ctrm.com.my


https://maia.my/2018/08/03/member-sp...arch-malaysia/

Spirit AeroSystems Malaysia Plant
Subang Airport, Selangor
Spirit AeroSystems, Inc. ("Spirit"), based in Wichita, Kansas is the world's largest first-tier aerostructures manufacturer. The company builds several important pieces of Boeing aircraft, including the fuselage of the 737, portions of the 787 fuselage, and the cockpit section of the fuselage (referred to as "Section 41" by Boeing) of nearly all of its airliners. Spirit also produces fuselage sections and front wing spars for the Airbus A350.
https://www.eturbonews.com/24401/spi...ility-malaysia


https://www.kansas.com/news/business...157330229.html
Malaysia's aerospace manufacturing exports to grow 15 pct to RM9.75b in 2019
By Ayisy Yusof July 24, 2019 @ 3:11pm

Quote:
SUBANG: Malaysia’s aerospace manufacturing exports is projected to grow 15 per cent to RM9.75 billion this year from RM8.48 billion registered last year.

International Trade and Industry Minister Datuk Darell Leiking said the country’s aerospace manufacturing sub-sector growth trajectory would be supported by the continued orders of aircraft components and additional new products for aircraft sets.

"The sector is set to strengthen its position as the regional leader in producing world class aerospace products to global original equipment manufacturers (OEMs) including Airbus and Boeing.

“We welcome global suppliers to set up facilities in the country and hopeful existing players continue to expand its operations, increase capacities and ramp up production of aero-structures products,” he said after touring Spirit AeroSystems Malaysia Sdn Bhd facility here today.

Leiking said the aerospace manufacturing sub-sector currently contributes about RM6.97 billion equivalent to 48 per cent of the total Malaysia aerospace industry revenue.

“The government will continue to support Malaysian aerospace industry ecosystem. Under the 12th Malaysia Plan (12MP), a specific strategy is currently being formulated by Aerospace Technical Working Group led by the Ministry of Economic Affairs (MEA).

“The National Aerospace Industry Coordinating Office (NAICO) will also be working with MEA in developing the right strategies and effective action plans to be implemented under 12MP,” he added.

Leiking said the government has identified new potential projects to be implemented in the next few years during the Malaysian delegation to the International Paris Airshow 2019 last month.

“These projects are not limited to aerospace manufacturing and MRO (maintenance, repair & overhaul) but also in non-traditional area such as Space Economy 4.0.

“Based on the findings we will be implementing more aggressive approach in developing the right eco-system in Malaysia,” he said.

Spirit AeroSystems Malaysia operations senior director Datuk Zulkarnain Mohamed said the company expects to record a 10 per cent increase in revenue from an average of RM1 billion recorded last year.

He said the growth projection would be backed by strong orders aircraft parts and components from aircraft manufacturers Airbus and Boeing, which will give earnings visibility in 10 years.

With over 1,000 local staff, Spirit AeroSystems Malaysia produces wings components for the Airbus A350 and A320 as well as Boeing B787, while assembles doors for the B737 Max.

He said the company would not be affected by the global suspension of the B737 Max as it has already signed a contact to deliver the aircraft parts.

“We make the B737 Max parts in accordance to the agreement we have with Boeing. We maintain the production rate about 10 units aircraft set for the B737 Max monthly,” he said.

As the tier one supplier for Airbus and Boeing, Spirit AeroSystems Malaysia produces 65 aircraft sets for the A320, 10 sets for the A350 and 14 sets for the B787 on a monthly basis.

The Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Azman Mahmud who was also present said the agency is in talks with tier one and tier two aircraft suppliers based in the United States and Europe to set up their operations in Malaysia.

He said 11 aerospace projects with total investments of RM816.3 million were approved in 2018, of which 41 per cent were foreign investments.

It was also expected the new aerospace investments projects to generate a total of 2,442 employment opportunities.

Other prominent global aerospace players who have invested in Malaysia include Airbus, Boeing & Hexcel, GE, Safran, Leonardo, Honeywell, Singapore Aerospace Manufacturing (SAM), Collins Aerospace, Senior Aerospace and GKN Aerospace.

Head of NAICO Shamsul Kamar Abu Samah said Malaysia would continue to adopt the Fourth Industry 4.0 on automation technology to reduce operational cost, while building human capital development for the aerospace sector.

Malaysia will not only focus on producing aerospace parts and components but also explore the possibilities of becoming raw material supplier.

“Research & Technology (R&T) and implementation of Industry 4.0 will be another focus by Ministry of International Trade and Industry in an effort to increase Malaysia’s competitiveness at global level,” he said.
https://www.nst.com.my/business/2019...ct-rm975b-2019
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Old August 7th, 2019, 07:28 PM   #165
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Airbus to contribute US$550m to Malaysia's economy over five years
By Ayisy Yusof - August 7, 2019 @ 12:03pm



Transport Minister Anthony Loke Siew Fook (middle) with Airbus head of Malaysia Raymond Lim (right) and Airbus head of sales for Southeast Asia and Paciffic Fabrice Rochereau (left) at the launching ceremony of Airbus' New Regional Helicopter Completion and Delivery Centre in Subang today. Pix by BERNAMA
Quote:
SUBANG: European aircraft maker Airbus SE is aiming for US$550 million annual contribution to Malaysia’s economy within five years in sourcing and services businesses from the current US$400 million.

This will be driven by vast talent pools, higher learning institutions to support the local aerospace sector as well as incentives under the country’s roadmap for the sector.

Airbus head of Malaysia Raymond Lim said the airframe maker is on track to achieve the target backed by its continued commitment in local aerospace industry.

“Malaysia is Airbus’ third largest market in Asia Pacific after China and India. It has diverse presence in Malaysia’s aerospace industry including aircraft product line, maintenance, repair and overhaul (MRO), training facilities and now with the completion and delivery centre for Airbus helicopters,” he said at a press conference after launching Airbus' new regional helicopter completion and delivery centre (CDC) here yesterday.

The CDC will serve Airbus’ new helicopters for customers in Southeast Asia being completed in and delivered for helicopter services, customer support and full-flight simulator training.

Lim said Airbus’ contribution target encompasses the existing businesses across all its divisions as well as future projects.

“We will reveal our future plans soon in Malaysia. The country is an important market for us and we recognise the governmental support and policy,” he said, adding that Malaysia is well known for its support and incentive for the aerospace companies.

Lim said Malaysia’s National Aerospace Blueprint 2013 has clear and defined objectives in different areas of the aviation industry.

“This augurs very well for industry players like Airbus. Malaysia also has the talent pools and abundant higher learning institutions that are able to support the talents that come to the market,” he said.

Lim said Airbus is confident of its investments in Malaysia, and that the success rate would be high, supported by continued efficiency measures in its activities.

Airbus currently employs over 4,000 directly and indirectly, of which more than 90 per cent of its workforce are Malaysians.

The remaining are foreigners to ensure a constant evolution of technology and innovation in Malaysia.

Meanwhile, Transport Minister Anthony Loke said the government has identified aerospace as a strategic industry with wide potential to help the country’s industrialisation and technological development.

“Asia-Pacific region is the fastest growing for aerospace and aviation is undisputed. There is growth across all aircraft types in this region – in particular commercial and helicopters and there is potential for greater growth over the next two decades,” he said.

According to Airbus global market forecast, 22,000 helicopters are needed in the next 20 years, about 35 per cent would be derived in Asia Pacific for the global demand.

Currently the region has over 9,000 helicopters in operation, which is widely use across military and civil sectors.

“Given the vibrancy of the sector, Malaysia is one of the most important strategic markets for Airbus Helicopters with about 50 per cent market share for rotorcraft locally.

“It is timely for Airbus Helicopters has opened its regional hub for helicopter completion, delivery, MRO and full flight simulation training in Malaysia,” he said.

The CDC is able to accommodate up to four medium-sized helicopters, while capable to completing and delivering up to 20 helicopters per year from across all its rotorcraft models.

Airbus also expands its full motion full-flight simulation centre with the addition of a Dauphin AS365 N3/N3+ simulator to its existing H225/H225M simulator.

The simulators are suitable for training of pilots and crew from customers in the military, para-public and civil sectors through the Asia Pacific region and beyond.

The facility is fully equipped to provide a broad spectrum of services from scheduled and unscheduled maintenance, aircraft modifications, aircraft completion and delivery, material management and technical support.

Airbus Helicopters is expected to deliver seven rotocraft by end of this year and 13 units by 2020.
https://www.nst.com.my/business/2019...ver-five-years
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Old August 26th, 2019, 06:09 PM   #166
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Modenas aims to increase market share to 50pc with new models
By Azanis Shahila Aman - August 26, 2019 @ 8:07pm



MODENAS chief executive officer Roslan Roskan (left), Bajaj Auto Limited vice president of international business Sameer Deshpande (centre) at DRB-Hicom head of group strategic communications Mahmood Abdul Razak at the launch of MODENAS Power Store at Kota Damansara. NST photo by SUPIAN AHMAD
Quote:
KUALA LUMPUR: National motorcycle company Motosikal Dan Enjin Nasional Sdn Bhd (Modenas) aims to increase its market share to between 40-50 per cent from the current 30 per cent in the next 18 months, for the moped motorcycles and street-bike segment.

Chief executive officer Roslan Roskan said the target is achievable based on encouraging sales of current motorcycle line-up, the new Modenas Power Store outlet as well as future new models slated to be launched this year.

He said the introduction of Modenas Power Store concept in Malaysia would enable the company to elevate its business presence and product profile in the country.

"The Modenas Power Store, which is also the first in the Asean region, offers consumers a one-stop sales and services centre catering exclusively to the Modenas street bike segment, namely Modenas Pulsar and Dominar," he told reporters at the launch here today.

Modenas Power Store will have about five to six mechanics to cater between 30 to 50 motorcycle services a week.

"The Modenas Power Store will also provide financing arrangements, bike enhancements, genuine spare parts, test rides as well as repairs and servicing by trained mechanics.

"This would allow us to build long-term relationship with our customers and provide us more opportunities to engage with them," he said.

Roslan said Modenas planned to launch new models in both moped and street bike segments this year.

He also said it was on track to achieve its target of selling 10,000 units of motorcycle this year. He is optimistic in reaching the target in the next two months.

“Modenas will also enhance its after-sales service with the upcoming three more Power Store in other major cities such as Penang, Johor Bahru and in the East Coast in the next 12-18 months, depending on the performance of the first outlet”, he said.
https://www.nst.com.my/business/2019...0pc-new-models
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Old September 4th, 2019, 03:48 PM   #167
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Malaysia's aerospace businesses likely to chalk up RM15b in revenue
By Ayisy Yusof - September 3, 2019 @ 8:42am



Malaysia Aerospace Industry Association (MAIA) president Naguib Mohd Nor says more homegrown small and medium enterprises (SMEs) had begun to venture into the aerospace supply chain, manufacturing and maintaining aircraft components and sub-assemblies. NST picture by Syakirah Azhar
Quote:
KUALA LUMPUR: The local aerospace industry is expected to record an average of RM500 million to RM1.0 billion increase in revenue annually.

This is fuelled by the continued investments from both foreign and local companies in the supply chain network, supported by large aircraft backlog order books.

According to the National Aerospace Industry Coordinating Office (NAICO), revenue for Malaysia aerospace sector rose 6.67 per cent to RM14.4 billion recorded in 2018, from RM13.5 billion in 2017.

Malaysia Aerospace Industry Association (MAIA) president Naguib Mohd Nor said more homegrown small and medium enterprises (SMEs) had begun to venture into the aerospace supply chain, manufacturing and maintaining aircraft components and sub-assemblies.

“The aerospace sector delivers long-term earnings visibility for local players, particularly in the supply chain network for the original equipment manufacturers (OEMs) including Airbus and Boeing.

“This is because the sector gets between RM500 million and RM800 million investments annually from both foreign and local investors. Hence, there are ample opportunities to grow the aerospace supply chain network,” he told the New Straits Times in an interview recently.

Naguib said local SMEs could enhance their manufacturing and engineering capabilities to benefit from the OEMs’ burgeoning demand for aircraft parts and components but acknowledged that the capability barrier to entry was high.

“Local companies can take part in OEMs’ supply chain network to reap sustainable earnings due to longer contract periods. Aircraft designs do not change often unlike mobile phones for example.

“The aviation business is constantly growing. Nearly 80 per cent of the world population has still never flown in an aircraft. Hence, more aircraft will be needed, driving airlines to continue placing aircraft orders,” he added.

Naguib said the aerospace sector can be a lucrative business for local suppliers but they need to get certified and then approved by the OEMs to produce aircraft parts and components.

“Certification provides long-term earnings visibility in a high technology sector for the aerospace supply chain network, giving a steady cash flow for local suppliers,” he said.

With high-technology capability built through dealing with aerospace parts, Naguib said local manufactures can leverage and apply this expertise to other manufacturing sectors being disrupted by the 4th Industrial Revolution.

“Thus, local companies can diversify their high-tech skills not only in aircraft manufacturing but in other sectors that require this level of skill, competence and technology,” he said.



Malaysia Aerospace Industry Association honorary secretary Datin Shelina Razaly Wahi says the aviation or airline industry is a resilient sector despite the usual cycles in the global economy, as this is due to aviation being a key enabler to global trade and business. NST picture by Syakirah Azhar

MAIA honorary secretary Datin Shelina Razaly Wahi said the aerospace industry was quite resilient, despite the downturn in the global economic and escalation of the trade war.

“OEMs like Airbus and Boeing still have large backlogs (of orders), which puts Malaysian aerospace companies in a good position, in terms of market outlook.

“Airlines are still placing substantial aircraft orders, and hence aerospace companies have a long-term commitment,” she said.

She added that the reason the aviation or airline industry was a resilient sector despite the usual cycles in the global economy, is due to aviation being a key enabler to global trade and business.

“It (stress) won’t be immediately felt in the aerospace manufacturing supply chain as the supply chain is dependent on orders from the respective OEMs to produce aircraft components, and is not dependent on consumer sentiment.

“For example – If an airline were to place an order for a new Airbus A320 aircraft, which is popular with low cost airlines, the waiting list could take up to seven years.

“Moreover, business still carries on and businessmen still have to travel. But perhaps they (passengers) will be more selective in choosing their carriers or class of travel, in order to reduce traveling cost,” she said.

She said local suppliers could also jump on the bandwagon by tapping into the growing demand for aircraft interiors manufacturing, for commercial aircraft.

“To adapt to consumer demands and preferences, there is now so much more product differentiation from Airlines, particularly when it comes to the aircraft interiors - such as seats, in-flight entertainment units, galleys, overhead bins and even toilets,” she said.

The government will need to consider providing more tailored incentives for the aerospace sector, which is geared towards the specific requirements of the potential and existing players in the country.

“Investors may require customised-incentives to support their specific requirements – whether their main drivers are based on their capital, land, utility or manpower costs. The incentives need to be looked upon at an ecosystem level but with clear returns calculated for the country” Naguib said.

Naguib said Malaysia would benefit from investors’ expansion activities, which in turn provide job opportunities to locals and exchange of expertise in high-value-added manufacturing capability.

“Aerospace is an economic enabler in context of the Fourth Industrial Revolution as it is an apex industry. It is a strategic industry in all developed countries and provides developing countries an opportunity to leapfrog into the high technology space, he said.

According to the global aerospace industry outlook, the world deliveries of aircraft are expected to require between 37,000 and 44,000 aircraft over the next 20 years by both Airbus and Boeing.

Additionally, new aerospace fields such as drone and air-mobility are beginning to gain traction.

Meanwhile, Malaysia’s aerospace manufacturing exports were projected to grow 15 per cent to RM9.75 billion this year from RM8.48 billion registered last year.

The sector currently employs over 24,000 Malaysians with 250 companies involved in the supply chain network.

International Trade and Industry Minister Datuk Darell Leiking reportedly said the country’s aerospace manufacturing sub-sector growth trajectory would be supported by the continued orders of aircraft components and add new products for aircraft sets.
https://www.nst.com.my/business/2019...-rm15b-revenue
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Old September 6th, 2019, 03:39 AM   #168
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Lotte Chemical Titan's US JV plants start commercial operations
Chong Jin Hun September 05, 2019 14:12 pm +08


Quote:
KUALA LUMPUR (Sept 5): Lotte Chemical Titan Holding Bhd (LCTitan) said today its US-based joint venture (JV) company Lotte Chemical USA Corp's (LC USA) ethane cracker and monoethylene glycol (MEG) plants had started commercial operations in August 2019 on an integrated basis.

LCTitan told Bursa Malaysia today LC USA is a 40:60 JV between LCTitan and Lotte Chemical Corp.
https://www.theedgemarkets.com/artic...ial-operations
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Old September 27th, 2019, 05:26 AM   #169
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World’s biggest Milo plant in Negri Sembilan

Thursday, 26 Sep 2019

SEREMBAN: Nestle Malaysia has invested RM90mil to expand its Milo production plant at the Chembong Industrial Park near Rembau, making the facility its biggest worldwide, with a capacity of some 108,000 tonnes a year.

The investment, which includes new automated packing lines and dryers, has also transformed the Chembong plant into its global centre for excellence with state-of-the-art production lines.

Nestle Malaysia chief executive officer Juan Aranols said the plant has been upgraded to optimise capacity and efficiency to raise productivity.

“As a result, the upgraded factory will see a 30% increase in production capacity.

“Through this expansion, we will be able to optimise our operations and productivity improvements through automation and digitalisation as well as leverage on economies of scale to gain international competitiveness, ” he said in his speech at the re-opening of the upgraded plant by Undang Rembau Datuk Muhamad Sharip Othman.

He said apart from the domestic market, the Milo produced here is exported to 20 countries including China, Singapore, Indonesia, Thailand, Kenya and Jamaica.

The Milo variants produced at the plant which began operations in 1993 are from the 200g to 3.2kg packs, Milo 3-in-1 and Milo Kosong.

He said apart from its Malaysian plant, Nestle produces Milo in several other countries including Australia, the Philippines and Nigeria.

Aranols said the additional investment was also a testament of its confidence in the future of Milo and Nestle in Malaysia.

“Malaysians drink nine million cups of Milo a day and every cup is now produced in this Chembong factory, ” he said

The Chembong complex employs the largest factory workforce among Nestle’s six factories in Malaysia with 900 employees.

“We should take pride in the fact that Milo, which is truly Made-in-Malaysia, is also exported to 20 markets globally.

“Made-in-Malaysia Milo also means that halal compliance is of our utmost priority which adds to Malaysia’s credential as a leading halal manufacturing hub in the region and the world, ” he said.

Asked if the Chembong plant which is located on a 43-acre site had room for expansion, Aranols said yes.

“We produce many products here from cereals to ice cream and we can expand even further if there is a need, ” he said.

Read more at https://www.thestar.com.my/business/...4R01euGDrgS.99

Last edited by travellator; September 27th, 2019 at 07:55 AM.
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Old October 22nd, 2019, 01:54 PM   #170
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Umbrella timber grouping move
Published on: Tuesday, October 22, 2019
By: Larry Ralon


Quote:
Kota Kinabalu: The State Government is looking into setting up a platform where all timber players can sit together with relevant State departments and agencies to discuss and plan the development of the industry, as well as seek apt solutions to issues affecting it.

Just like the Malaysian Timber Council (MTC) and Sarawak Timber Industry Development Corporation (STIDC), it would serve as an umbrella body for the Sabah Timber Industry Association (STIA), Timber Association of Sabah (TAS), Sabah Furniture Association and Sabah Bumiputera Furniture Association.

Chief Minister Datuk Seri Mohd Shafie Apdal (pic) said he would bring up the proposal by STIA and TAS to the State Cabinet for discussion.

“Both STIA and TAS are proposing a kind of a platform to enable them to group together with relevant State departments and agencies and look at the how the industry can be developed in the long-term.

“This is not only in terms of getting sufficient and suitable supply of timber at apt pricing for them to use, but also in resolving the challenges faced by the industry,” he said, after chairing a meeting with them at the State Administrative Centre (PPNS), Monday.

Mohd Shafie said the industry has very great potential, but only that it needs to be well managed.

“(But) The State Government will never be able to realise it without assistance in terms of information from industry players like STIA, TAS and the rest which have experiences at the grassroots level.

“The information or feedback from them can also enable us to formulate right policies needed to enable them to compete in the international market.

“We, as the Government, want to assist them, so they will not be handicapped in facing the competition,” he said.

Mohd Shafie said this was particularly vital now that the performance of the industry has gone down a bit probably due to the effects of the United States-China trade war.

He said prices of wood products have gone down and this affects the industry. “But I am confident this is a cycle that we see, because sometimes products like these have their certain cycles,” he said.

He also said challenges faced by furniture product manufacturers in China to export to the US provides an opportunity to Sabah to draw these manufacturers to come and set up factories in Sabah which has no problem to export to the US, Europe and other countries.

“By investing in Sabah, these manufacturers will have continuity of business and supply of raw materials,” he said.
STIA President Tan Peng Juan, when met, said they made proposal so all the related associations which are operating on their own right now will have an umbrella body.

“We think it is better to have one council to be formed with the involvement of the State Government, Ministries and agencies, and also with the four associations.

“In the peninsula we have the Malaysian Timber Council and Sarawak has its Sarawak Timber Industry Development Corporation (STIDC), which each is looking into their respective timber industries.

“But we do not have this in Sabah. This is vital for the development of this industry and we hope the new State Government will get involved. Together we face and resolve challenges together. Without the cooperation of the State Government, we find it very difficult to resolve issues affecting us,” he said.

Tan said presently is a challenging moment for the industry in Sabah.

The industry is very grateful for the State ban on export of logs, as the supply has slowly been flowing into the industry.

“But of course, because most of our products are export orientated, we also face challenges like from US-China trade war which definitely affected our export of plywood and veneer to the US and same as to China,” he said
http://www.dailyexpress.com.my/news/...grouping-move/
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Old November 2nd, 2019, 05:11 PM   #171
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Malaysia manufacturing PMI rises to six-month high on better business environment
Cameron Chong November 01, 2019 13:47 pm +08
Quote:
KUALA LUMPUR (Nov 1): The Malaysia Manufacturing Purchasing Managers' Index (PMI) rose to 49.3 in October — its highest level in six months — as the business environment improved, according to IHS Markit.

The index rose from 47.9 in September, reviving to sit broadly in line with its historical average, it said in a report today.

The healthier business environment was driven by a rise in the survey's gauge of production volumes to a 12-month high.

Furthermore, survey respondents linked improved demand to new product launches and stronger new work inflows from existing clients.

"The PMI's main gauge of production growth has risen to its highest for a year, broadly indicative of the economy growing at an annual rate in excess of 5%," said IHS Markit Chief Business Economist Chris Williamson.

This increase was driven by new orders and output, with both indicators showing signs of improvement.

Citing an analysis of comparable historical official data on Malaysian manufacturing, IHS suggested that at current levels, the survey's output index is consistent with annual production growth of approximately 5.5%.

However, external conditions reportedly became more challenging at the start of the fourth quarter, causing export orders to decline for a second successive month.

IHS Markit highlighted China and Europe as two key sources of weak demand.

Nevertheless, with the overall new orders index rising, survey data suggests domestic demand conditions helped provide a key driving force to help offset the external demand downturn.

"Production is being buoyed by improved domestic demand in particular, but external conditions remain challenging, dampening export growth once again and raising concerns about how much further momentum can continue to build in the absence of improved global economic conditions," Williamson added.

However, more companies reported improved investment intentions, while forecasts of greater demand also underpinned optimism.

"An increased number of companies reported improved investment intentions, while forecasts of greater demand also underpinned optimism," said the research house.

Upward trends in other forward-looking indicators were also seen at the start of the fourth quarter, greater output requirements and improved demand gave more firms an incentive to stockpile in order to accommodate for further improvements.

Elsewhere, there was a first month-on-month decline in input costs since March during October. Deflation reportedly stemmed from discounts from suppliers and lower commodity prices.

As a result, Malaysian manufacturers reduced their output charges to the fastest extent since January 2015 in order to gain a competitive edge.
https://www.theedgemarkets.com/artic...ss-environment
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Old November 19th, 2019, 10:03 AM   #172
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Smith + Nephew picks Penang for new high technology manufacturing facility
November 19, 2019 @ 3:14pm
Quote:
GEORGE TOWN: Global medical technology business Smith + Nephew today announced the setting up of its new high technology manufacturing facility in the Batu Kawan Industrial Park.
https://www.nst.com.my/business/2019...uring-facility


https://www.malaymail.com/news/money...ant-in/1811298
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Old December 1st, 2019, 01:39 PM   #173
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National Instruments in RM170m expansion of Penang ops
Opalyn Mok Malay Mail 21 November 2019



Penang Chief Minister Chow Kon Yeow (left) and National Instruments president and CEO Eric Starkloff (right) viewing a montage during the official site opening of the company’s new expanded unit in Batu Maung November 21, 2019. — Picture by Sayuti Zainudin
Quote:
GEORGE TOWN, Nov 21 — National Instruments (NI) announced a US$40 million (RM170 million) expansion of its facility in Penang today.

NI chief executive officer Alex Davern said this would include a second building next to its existing plant.

“The new expansion will open up 250 new positions,” he said in his speech here.

NI Penang was established in 2009 as a key global hub and is now the third-largest NI facility in the world.

NI Penang is also one of the firm’s largest research and development (R&D) centres outside of its headquarters in Austin, Texas.

Davern said the American company chose to set up its plant in Penang and Malaysia because of the skilled workforce and stable business environment here.

“The talent we found here fit in with the NI culture of excellence and the talents here take pride in their work and contributions to the company and country,” he said.

NI Malaysia managing director and APAC manufacturing vice president P. Rajesh said the groundbreaking ceremony for the expansion will be in the third quarter of 2021.

“The construction will complete within a year and we expect it to be in operations by 2022,” he said during a press conference.

The new facility will cover 160,000 sq ft on six acres of land.

“Altogether, we have 23 acres of land and currently, our production is at 60 per cent capacity in our existing facility,” he said.

He said the new facility will increase the company’s revenue through 5G technology and industry 4.0 products.

“The technology products built here will be leading edge that includes wireless and 5G technology,” he said.

The current NI facility has about 1,000 employees and about 70 per cent are in managerial, technical and supervisory roles.

The total cumulative capital investment in the facility was over US$84 million.

He said the new facility will be a mixed-use building with a shared service centre and distribution hub.

Penang Chief Minister Chow Kon Yeow, in his speech, said the reinvestment was a vote of confidence for Penang and Malaysia’s ability to attract foreign direct investments.

He said the 250 jobs created by the expansion will be high value jobs for positions in R&D and shared services.

“Many of the products built here by NI are related to Industry 4.0, 5G and autonomous vehicle markets which places Penang in the world map for producing these cutting-edge products,” he said.

NI is an American multinational company that produces automated test equipment and virtual instrumentation software.
https://sg.news.yahoo.com/national-i...042622669.html
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Old December 13th, 2019, 03:02 PM   #174
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RM2b glass project at KKIP approved
Published on: Friday, December 13, 2019


Quote:
KOTA KINABALU: The National Investment Committee (NCI) has approved a manufacturing project worth RM2 billion which will be located at the Kota Kinabalu Industrial Park, said Minister of Industrial Trade and Industry Datuk Darell Leiking.

Leiking said the NCI had approved four projects worth RM5.4 billion in the manufacturing sector in Sabah, Johor, Selangor and Penang.

“One of the projects approved was a RM2 billion investment by a multinational glass company to produce float and photovoltaic glasses at the Kota Kinabalu Industrial Park,” said Leiking on his Facebook page Friday.

The investment is expected to create about 1,000 jobs. We hope to attract more investments in the near future.”

The Penampang MP said in the first nine months of 2019, Malaysia recorded RM149 billion in approved investments in the services, manufacturing and primary sectors, 4.4pc higher than the RM142.6 billion approved in the same period last year.

The investments involved 4,025 projects and created an additional 93,841 job opportunities, he said
http://www.dailyexpress.com.my/news/...roved-leiking/
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Old December 14th, 2019, 12:34 PM   #175
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NCI approves four manufacturing projects worth RM5.4b
Nazuin Zulaikha Kamarulzaman December 13, 2019 16:13 pm +08


Quote:
KUALA LUMPUR (Dec 13): The National Committee on Investment (NCI) has approved another four projects in the manufacturing sector worth RM5.4 billion yesterday.

It said in a statement released today, the four projects will be located in Sabah, Johor, Selangor and Pulau Pinang.

"One of the approved projects was an investment worth RM2 billion by a multinational glass manufacturer to produce float glass and photovoltaic functional glass at the Kota Kinabalu Industrial Park," it said.

The investment is expected to create over 1,000 job opportunities, with 80% of those jobs for Malaysians.

"For the first nine months of 2019, Malaysia recorded RM149 billion worth of approved investments in the services, manufacturing and primary sectors," said Minister of International Trade and Industry Datuk Darell Leiking.

He noted that it was 4.4% higher than the RM142.6 billion approved in the same period last year.

These investments involved 4,025 projects and will create an additional 93,841 job opportunities.

He noted that the Malaysian Investment Development Authority has secured 126 projects proposing to make Malaysia the principal hub, regional office or representative office, and are expected to create job opportunities for 884 knowledge-based or highly technical skilled workers.

"These projects will also position Malaysia on course for greater integration into the global supply chain," Leiking said.

The NCI is co-chaired by Leiking and Finance Minister Lim Guan Eng.
https://www.theedgemarkets.com/artic...ts-worth-rm54b
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