Manufacturing accounts for 27.4% of Sarawak’s economy and employs about 11.2% of the total workforce, a contribution that based on current trends and future development priorities is expected to expand significantly. In 2013, the value of approved manufacturing investment into Sarawak rose by 75% to RM8.3bn ($2.5bn) compared to the RM4.7bn ($1...
Manufacturing accounts for 27.4% of Sarawak’s economy and employs about 11.2% of the workforce. The sector is expected to grow 5% per annum until 2030. Endowed with forests and vast plantation resources that are at risk of being depleted in the long term, the state is aiming to transition its production base away from basic resources and commodities extraction into value-added manufacturing as...
The Philippines is among the fastest growing car markets in Asia. What is driving this growth, and what characterises the domestic market?
In 2013, the Department of Trade and Industry (DTI) was allocated P2.3bn ($51.8m) from the Department of Budget and Management towards its manufacturing resurgence programme. The programme will support the implementation of a number of industry road maps that have been formulated by the Board of Investments (BOI) with input from technical...
Prior to the business process outsourcing (BPO) boom that took hold in the early 2000s, the semiconductor and electronics industry had served as the country’s main economic growth driver for nearly four decades. At its peak earnings in 2010, with export receipts of $31.44bn, it accounted for 61% of exports, a ratio that by 2013 had dropped to...
How has retail liberalisation altered the domestic landscape, and what role has franchising played in bringing foreign ideas to the market?
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