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Malaysia's M&E exports hit RM34.4 bil in first seven months of 2022

Malaysia’s machinery and equipment (M&E) exports reached RM34.4 billion in the first seven months of 2022, an increase of 25.5% from the corresponding period last year, said the Malaysia External Trade Development Corporation (MATRADE). MATRADE deputy chief executive officer (export acceleration) Sharimahton Mat Saleh said M&E is an important industry to Malaysia and the seventh largest export sector, with a value of RM49.9 billion, making up 4% of Malaysia’s total exports in 2021.

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MMT, Future Hover to invest RM1bil in Negeri Sembilan semiconductor facility

SEREMBAN: Local precision metal parts manufacturer Metalmach Micro Technology Sdn Bhd (MMT) and its auxiliary materials partner from China, Future Hover Industrial Co Ltd (Future Hover), will invest RM1 billion in a semiconductor plant in Negeri Sembilan.

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