MALAYSIA'S paints and coatings industry, estimated to be worth RM1.3bil in 2002, is expected to outpace the manufacturing sector and may hit a high of 14% a year for the next five years to 2008, RAM Consultancy Services Sdn Bhd said.
This bullish outlook was on the back of both domestic and external demand, RAM Consultancy, a subsidiary of Rating Agency Malaysia Bhd, said in a statement yesterday.
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