: Malaysia’s rubber gloves exports grew by 50.1 per cent to RM15.06 billion for the January-July 2020 period from RM10.03 billion in the same period last year, said the Ministry of International Trade and Industry.
“This is a good opportunity for our country to strengthen the brand and confidence towards Malaysian products internationally,” he told the Dewan Negara today. “Under the National Economic Recovery Plan , the government has introduced the Special Reinvestment Allowance Incentive Scheme that aims to encourage reinvestments and additional investments.Additionally, he said the government is also encouraging the incorporation of automation and high technology in the manufacturing sector, including the rubber gloves industry, by offering the Automation Capital Allowance incentive for the labour intensive manufacturing sector.
Lim said MITI through its agency, Malaysia External Trade Development Corporation , has assisted local companies, including rubber gloves manufacturing companies, via virtual business matching sessions between Malaysian exporters and overseas buyers.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Automatic voter registration by July, Dewan Negara told | The Malaysian InsightElection Commission and National Registration Department working together to roll out system, says deputy minister.
Source: msianinsight - 🏆 8. / 63 Read more »
German exports tick higher in July | Malay MailFRANKFURT, Sept 8 — German exports in July continued to recover from the virus-related slump but still lagged heavily behind pre-pandemic numbers, official data showed today. Exports grew 4.7 per cent month-on-month in July, a slower acceleration than the 14.9 per cent increase in June,...
Source: malaymail - 🏆 1. / 86 Read more »
German industrial production loses steam in July | Malay MailFRANKFURT, Sept 7 — German economic recovery lost steam in July, as momentum gained from the easing of lockdowns in the spring subsided, official statistics showed today. Industrial production rose by 1.2 per cent in July month-on-month, much slower than the 9.3-per cent increase recorded in...
Source: malaymail - 🏆 1. / 86 Read more »
Senator proposes GE15 be held after July next year to allow 18 years old to voteKUALA LUMPUR: A senator suggested that the government hold the 15th General Election (GE15), after July next year to provide opportunities for young p...
Source: theSundaily - 🏆 25. / 51 Read more »
Senator proposes GE15 be held after July next year to allow 18-year-olds to vote | Malay MailKUALA LUMPUR, Sept 9 — A senator suggested that the government hold the 15th General Election (GE15), after July next year to provide opportunities for young people, especially those aged 18, to be directly involved in electing the government. Ismail Yusof said the move was in line with the...
Source: malaymail - 🏆 1. / 86 Read more »
German exports tick higher in July | Malay MailFRANKFURT, Sept 8 — German exports in July continued to recover from the virus-related slump but still lagged heavily behind pre-pandemic numbers, official data showed today. Exports grew 4.7 per cent month-on-month in July, a slower acceleration than the 14.9 per cent increase in June,...
Source: malaymail - 🏆 1. / 86 Read more »