IT is a pivotal moment for Malaysia’s industrial development. Malaysia’s manufacturing sector has to accelerate the Fourth Industrial Revolution, taking advantage of smart technologies to move its production base up the value chain while conforming to environmental, social and governance and meeting net-zero target. Amid increasing geo-economic complexity and the escalating impact of climate change, Malaysia needs a new generation of sustainable industrial transformation to lever up the economy

Industrial Master Plan( NIMP) 2030, which is expected to be launched by Prime Minister Datuk Seri

Industrial Master Plan( NIMP) 2030, which is expected to be launched by Prime Minister Datuk Seri

THE New Industrial Master Plan 2030( NIMP2030), to be launched next month, is expected to propel

THE New Industrial Master Plan 2030( NIMP2030), to be launched next month, is expected to propel

27, 2023. Its mission to elevate Malaysia’s economy is very clear.... Via the NIMP, we will improve the

27, 2023. Its mission to elevate Malaysia’s economy is very clear.... Via the NIMP, we will improve the

must also synergise the government’s New Industrial Master Plan 2030( NIMP 2030) aspirations and

KUALA LUMPUR: Malaysia’s economy is expected to benefit from the semiconductor exports, lifted by the global technology upcycle, as well as strong momentum in the tourism sector in 2024, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.He noted that the country is cautiously optimistic this year, backed by stronger macroeconomic numbers in 2023, including an expected growth of four per cent as well as lower inflation and unemployment rates, and an improving rin

PETALING JAYA: The outlook of the manufacturing sector for the remainder of the year looks challenging based on the latest reading of the SP Global Malaysia Manufacturing Purchasing Managers’ Index( PMI) which continues to be in contraction mode, according to economists. With subdued global demand resulting in lower production, they said the weakness in local manufacturing activities were in line with the global manufacturing trend. They expect the weakness in the manufacturing sector would cont