As Goodyear prepares to shut down its iconic Shah Alam plant, the nation reflects on the changing landscape of the manufacturing industry and the challenges ahead.
Subscribe to our FREE Newsletter, or Telegram and WhatsApp channels for the latest stories and updates.
Goodyear’s history in Malaysia dates back to 1929 when it first set foot in Malaya, and the company proudly served as the tyre supplier for the nation’s first car, the Proton Saga, in 1985. The Goodyear closure is not an isolated incident but part of a larger trend of major factories shutting down in Malaysia.
As more companies reevaluate their operations and seek cost-effective alternatives, the manufacturing landscape in Malaysia faces significant challenges.The Malaysian government has proactively implemented policies and incentives to attract and retain foreign investment in the manufacturing sector. In collaboration with industry partners, the government has offered training programs and support to help workers transition to new roles in the manufacturing sector or explore opportunities in other growing industries.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Woodside Energy and Santos end talks on creating global oil and gas giantWoodside Energy and Santos have called off discussions to form a major oil and gas company due to disagreements on valuation.
Read more »
End of vernacular schools' challenge: Federal Court rejects two NGOs' leave to appealPUTRAJAYA, Feb 20 — The Federal Court today in a majority decision rejected two non-governmental organisations' (NGOs) application for leave to appeal against a previous...
Read more »
February’s Xbox Game Pass Offerings End Month With A BangFrom Maneater to Tales of Arise, here are nine games to add to your neverending Xbox backlog
Read more »
Ringgit Expected to Hit 4.20-4.40 Against US Dollar by Year-EndThe ringgit is expected to hit 4.20-4.40 against the US dollar by year-end in view of the United States (US) Federal Reserve’s (Fed) likely interest rate cut decision in anticipation of an economic recession in the US this year, said Capital Dynamics Asset Management Sdn Bhd managing director Tan Teng Boo.
Read more »
TNG Digital To Implement 100% EKYC For All Customers By End Of YearTNG Digital Sdn Bhd, the company and owner of the TNG eWallet, announced that it plans on implementing eKYC for all customers using its service, shifting from
Read more »
Touch ‘n Go eWallet will require eKYC verification for all customers by the end of 2024FEBRAURY 29 — At the Touch ‘n Go media briefing today, the company confirmed that it will be implementing electronic Know-Your-Customer (eKYC) verification for its customers,...
Read more »