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THE heartland of Chinese manufacturing is currently facing surging wages and labor shortages, two things that threaten its role as workshop to the world.
FEDEX Express (FedEx), a subsidiary of FedEx Corp, has invested RM17.6mil on its Penang Gateway facility at MAB New Cargo Complex at Penang International Airport.
VARIOUS China-backed projects such as the East Coast Rail Link are still under review, but Malaysia remains open to Belt and Road Initiatives (BRI) and investments from China, said Deputy International Trade and Industry Minister Dr Ong Kian Ming at the Standard Chartered Belt and Road Forum in Kuala Lumpur.
IN 1969, at the height of mass unemployment, Tun Dr Lim Chong Eu pioneered job-led growth through export-oriented industrialisation for Penang which provided many with jobs and upward mobility.
SIBU: Ta Ann Holdings Berhad, a timber and oil palm plantation conglomerate, which is facing shortage of general workers, is taking several measures to overcome it.
THE state recorded RM8.85bil in total approved manufacturing investments in the first quarter of 2019, exceeding the RM5.78bil it received for the whole of last year.
JOHOR BARU: Johor is taking a proactive approach to draw more Chinese manufacturers who are affected by the trade war between China and the United States.
TAIWANESE firm Hotayi Electronic (M) Sdn Bhd has reinvested RM1bil to expand its production facility in Penang.
PENANG is expected to attract more electrical & electronics (E&E) investments as US firms shift their attention towards Malaysia in light of strains with China, said Deputy International Trade and Industry Minister Dr Ong Kian Ming.
JOHOR BARU: Iskandar Regional Development Authority (Irda) will continue to promote the country’s first economic growth corridor to investors in China.