Malaysia Industry

Chapter | Industry & Retail from The Report: Malaysia 2016

Crucial to Malaysia’s economic development is the continued transformation of its industrial base into one predicated on high value-added products and driven by innovation, automation and increased productivity. Such a shift is important to ensure the country is well-placed to compete in an increasingly competitive and open global market, a trend exemplified by the commencement of the ASEAN...

Malaysia is enjoying uninterrupted momentum in attracting investment and trade flows destined for South-east Asia. As a leading trading nation it has the necessary infrastructure and determination to compete and partner with its ASEAN neighbors to create a more sustainable growth model.

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What were the biggest challenges to rapidly scaling up production to meet high global demand for medical gloves created by the Covid-19 pandemic?

As manufacturers target productivity gains in response to the coronavirus outbreak, Malaysia is at the forefront of global efforts to meet elevated demand for medical gloves.

A new investment drive to make Johor the centre of Malaysia’s nascent robotics industry is moving ahead, part of a broader push to attract more high-tech developments.

A slight uptick in sales and new hires in Malaysia’s manufacturing sector indicates the country may be moving towards a rebound, though any recovery is likely to be muted, as rising costs and uncertainty over demand look set to curb growth rates.

A cooling domestic economy and uncertainty over the pace of global recovery could slow the rebound of Malaysia’s automotive sector, which has seen sales decline year-to-date. 

 

How can retailers take advantage of new technologies to both increase business efficiency and enhance customer experience?

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