The Malaysian Rubber Council (MRC) on Thursday launched three key initiatives to reinforce the rubber industry’s commitment to sustainability, and environmental, social and governance (ESG) practices.
Malaysia’s rubber industry must not only meet global standards but set new benchmarks to remain competitive in high-value markets, said Plantation and Commodities Deputy Minister Datuk Chan Foong Hin.
Malaysia is expected to attract direct investments of about RM637 billion in renewable energy (RE) and green technology, in addition to creating 310,000 job opportunities by 2050, according to the Ministry of Energy Transition and Water Transformation (Petra).
Malaysia’s industrial production index (IPI) increased by a significant 3.0% in June from 0.3% in May 2025, driven by growth momentum in the manufacturing and electricity sectors, according to the Department of Statistics Malaysia (DOSM).
Chinese carmakers led by BYD reported big jumps in UK sales last month, despite a declining overall car market, including a 59% slump in sales from their electric vehicle rival Tesla.
US July sales of new light vehicles rose year on year and month on month, beating industry expectations, but the chief economist at the National Automobile Dealers Association (NADA) is maintaining its full-year forecast of 15.3 million units.