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Supporting SMEs in the adoption of Industry 4.0 – Industry4WRD Intervention Fund

Conducted in two phases across the nation, the outreach programme will be an avenue for industry players to understand the Industry4WRD related programmes and incentives offered by the Government such as Readiness Assessment, Intervention Fund, Domestic Investment Strategic Fund (DISF) and Automation Capital Allowance (Automation CA). The outreach programme’s first phase is scheduled for February to …

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Turning KL into a city for all

Kuala Lumpur City Hall has come up with an exciting plan to steer the growth of Kuala Lumpur a world-class city of the future, one that is sustainable yet able to provide the best for all of its occupants and future generations. Mayor Datuk Nor Hisham Ahmad Dahlan believes the Kuala Lumpur Structure Plan 2040 …

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Change of company registration number

Dear MDBC Members, The Companies Commission of Malaysia (CCM) has implemented a new format for the registration number of business entities in Malaysia.  CCM has confirmed that throughout the transition period, the existing registration number will be displayed along with the new format.  Information about this can be found on the CCM / SSM website …

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IPI up 1.3% in December 2019

Malaysia’s Industrial Production Index (IPI) grew 1.3% in December 2019 compared with the same month of the previous year, driven by the increase in the index of manufacturing (3.4%) and electricity (0.9%). The index of mining recorded a decline of 4.9%. Chief statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said on a year-on-year basis, …

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Manufacturing sales up 5.2% to RM76.1b in December 2019

Malaysia’s manufacturing sales grew 5.2% in December 2019 to RM76.1 billion from RM72.3 billion a year ago, driven by the increase in transport equipment & other manufactures products (7.7%), petroleum, chemical, rubber and plastic products (5.9%) and electrical & electronics products (2.7%). Month-on-month, sales went up 3.4% (RM2.5 billion) while in a seasonally adjusted terms, …

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