Economic Increase for the Malaysian Manufacturing Industry

Updated on Wednesday 13th September 2017

Economic Increase for the Malaysian Manufacturing Industry Image
The manufacturing industry in Malaysia reported a mild growth at the level of August 2017, which has not been reached since February. Although the value of the overall orders did not increase, a positive aspect related to the manufacturing industry refers to the workforce hired in this field. In this sense, investors interested in opening a company in Malaysia in the manufacturing sector should know that the local businesses employed more personnel to handle the workload volumes. Our team of company formation representatives in Malaysia can offer in-depth assistance on the regulations related to the manufacturing industry, as well as on the legislation regulating the activity of the workforce employed in this economic sector. 

Important aspects on the Malaysian manufacturing industry  

One important aspect that should be of interest for the investors who want to start the procedure of company registration in Malaysia points out to the business optimism declared by the businessmen performing activities in this field, which registered the highest level since December 2013. At the same time, the costs involved in manufacturing operations were more relaxed in August, pointing out to better conditions applicable to this industry. 
Another asset of the Malaysian manufacturing sector was the level of orders, which had a high value for export related matters
The highest export orders arrived from the following regions:
Southest Asia;
Middle East
Companies performing export activities are required to follow specific regulations, which can be detailed by our team of company formation agents in Malaysia

Top export products for the Malaysian manufacturing sector 

The manufacturing sector in Malaysia is best represented by electrical and electronics industry. Such products represent the largest share of manufacturing products designed for export activities. 
Investors who are considering to start the company formation in Malaysia in the manufacturing sector may begin a business providing the below mentioned products, which are also included in the top exporting goods
refined petroleum products;
liquefied natural gas;
chemicals and chemical products;
palm oil;
crude petroleum;
metal manufactures
Investors may receive further information on the Malaysian manufacturing regulations from our team of consultants in company formation in Malaysia, depending on the specific business field in which the entrepreneurs would like to invest in.