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KUALA LUMPUR: Malaysia’s Industrial Production Index (IPI) grew 1.5% in February 2021 compared with a year ago underpinned by growth in the manufacturing index.
THIS week will see the release of industrial production index (IPI) figures for February and the manufacturing sales value. Unemployment rate data is also due on Thursday.
KUALA LUMPUR: Transport equipment and electrical and electronic (E&E) products drove Malaysia’s manufacturing sales higher by 4.5% to RM124.60bil in December.
Speculation that Apple Inc is seeking a partner to develop its own electric vehicle swept through South Korea and Japan, where shares of major car companies climbed on reports of discussions with the maker of the iPhone.
Stimulus packages having impact on the country
THE Covid-19 pandemic and the subsequent MCOs rendered many manufacturers inoperable, resulting in a staggered closure in their business.