Manufacturing the backbone of industrial production, BUSINESS TIMES
Business Times (Malaysia)
08-28-2000
THE manufacturing sector remains the major contributor to Malaysia's economic
growth and has time and again proved to be a magnet for foreign direct
investment.
Manufacturing activities make up a significant portion of the
Industrial Production Index (IPI), which shot up by 21.5 per cent to 180.5
points in the first half of this year from 148.6 points in the corresponding
period of 1999. In the second quarter, industrial production jumped 19.7
per cent year-on-year, or 5.8 per cent compared with t
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