FMM president Tan Sri Soh Thian Lai noted that China has been Malaysia’s largest trading partner for 10 consecutive years, and trade has grown 8.1% to RM313.8bil in 2018. Due to this, he said the outbreak of the respiratory illness is expected to negatively impact the local manufacturing sector.
PETALING JAYA: The Federation of Malaysian Manufacturers (FMM) has urged the government to bring forward its stimulus packages planned to address the US-China trade war risks.
It said this was necessary to help minimise the impact on the manufacturing, tourism and construction sectors, among others, that have been affected by the outbreak of the novel coronavirus (2019-nCoV), and to support overall economic growth.
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