Industry Development news in Malaysia
9 stories across Malaysia, published in the last 30 days and gathered from Malaysian news sources.
Malaysia's maritime industry is raising questions about how petroleum blending activities to produce Very Low Sulfur Fuel Oil (VLSFO) are handled under Customs regulations. They are seeking clarification from authorities on the applicable rules.
Industry players are asking authorities to clarify regulations regarding the storage, transfer, and blending of VLSFO fuel at facilities under Customs control. The ambiguity of these rules is causing uncertainty in industry operations.
Malaysia aims to increase its medical device exports beyond RM50 billion by 2030, up from the current RM34 billion. Deputy Prime Minister Ahmad Zahid Hamidi highlighted this target, emphasizing the country's potential in the medical device industry.
Malaysian consumers are benefiting from low prices on Chinese e-commerce platform Pinduoduo, but local sellers are complaining about unfair competition and market disruption. The article examines the trade-offs of the platform's bargain deals.
The Federation of Malaysian Manufacturers (FMM) has dismissed the Malaysian Trades Union Congress's (MTUC) proposal for a RM3,100 minimum wage as unrealistic for businesses, citing potential negative impacts on the economy and employment. FMM argues that such a steep increase would burden employers and could lead to job losses, urging a more balanced approach.
KUALA LUMPUR, Aug 13 — Jobstreet said the Malaysian job market appeared resilient in the face of a global supply c...
KUALA LUMPUR, Aug 12 — Businesses involved in the shipping and petroleum sectors are being badly affected by uncer...
KUALA LUMPUR, Aug 12 — The Malaysian Employers Federation (MEF) is calling on the government to strengthen assista...
SHAH ALAM, Aug 8 — The Selangor state government will meet workers expected to be affected by the closu...