Home / Knowledge / News / Sales value of manufacturing sector rise
Sales value of manufacturing sector rise
21
Jan '08
The sales value of the Manufacturing sector in November, 2007 increased by 3.8% or RM1.7 billion to RM45.9 billion as compared with RM44.2 billion registered in November, 2006. The sales value of the current month rose by 2.5% or RM1.1 billion as against RM44.79 billion reported in October, 2007.

The increase in sales value during the current month as compared with November, 2006 was attributed to the rise in Refined Petroleum Products, 32.0% or RM2,173.0 million (to RM8,973.0 million from RM6,800.0 million).

Total paid employees engaged in the manufacturing sector was 1,103,124 persons, an increase of 19,728 persons (1.8%) against 1,083,396 persons employed in November, 2006. Total employees in November, 2007 increased marginally by 0.4% or 4,020 persons when compared to 1,099,104 persons in October, 2007.

Salaries & wages paid increased by RM91.3 million or 4.7% in November, 2007 compared with RM1,938.0 million spent a year before. The total amount paid in November, 2007 was 0.8% or RM15.6 million higher than RM2,013.7 million spent in October, 2007.

For the first eleven months of 2007, the Manufacturing sector posted a cumulative sales value of RM474.3 billion, an increase of 1.4% or RM6.7 billion over RM467.6 billion registered a year ago.

The total salaries & wages paid out to employees in the sector for the comparative period also rose by 6.8% or RM1.4 billion to RM22.1 billion as compared with RM20.7 billion disbursed during the previous year.

Department of Statistics Malaysia

Must ReadView All

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Rick Helfenbein (left), president and CEO of AAFA, with Juan Estrada, chief of party, Hub; Courtesy: Hub

Apparel/Garments | On 23rd Feb 2017

AAFA inks agreement for best manufacturing in East Africa

The American Apparel & Footwear Association (AAFA) has entered into a ...

Mango vice-chairman and member of the board of directors Daniel Lopez (L) with Ananth Narayanan, CEO, Myntra & Jabong. Courtesy: Myntra

Apparel/Garments | On 23rd Feb 2017

Mango awards distribution & management rights to Myntra

Mango, the Spanish fast fashion brand, has awarded its master...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search