TALK of relocation of industries back to the United States has sparked concerns but at this juncture, the assessment is that it may hit specific sectors. “Sentiment on local manufacturing may be hit later in the year as this news flow heats up. Countries that export pharmaceutical products to the United States will likely be impacted. The local pharmaceutical industry is producing 30% of domestic demand and the balance 70% is imported. “Many foreign pharmaceutical companies in Malaysia import their products and utilise local distributors or their own sales teams.

Source: The Star February 05, 2017 23:15 UTC