KUALA LUMPUR: Malaysia’s manufacturing sales grew 13.2 per cent to RM147.9 billion compared to the same month in 2021, said the Department of Statistics Malaysia (DoSM). Sales value for export-oriented industries accounted for 72.4 per cent of total sales value, recording an increase of 14.5 per cent, while domestic-oriented industries posted an increment of 10.0 per cent in April 2022 versus the same month in 2021. The growth in the sales value for export-oriented industries parallels the trend in the external trade exports with favourable price factors. Total employees in the manufacturing sector in April 2022 was 2.29 million, a rise of 2.5 per cent versus 2.23 million in April 2021. "The increase was contributed by the electrical and electronic products sector (5.2 per cent), transport equipment and other manufactured products sector (3.0 per cent) and wood, furniture, paper products and printing sector (2.7 per cent),” he added.

Source: The Star June 10, 2022 05:27 UTC