From plastics to palm oil: Nine in 10 Malaysian manufacturers face crunch from shortages and high costs
KUALA LUMPUR, April 9 -- Malaysian manufacturers are bracing for disruption.
Nine in 10 manufacturers in the country expect operational hiccups in the coming weeks, with raw material shortages, rising energy costs, and logistics bottlenecks threatening production across sectors, according to the latest survey by the Federation of Malaysian Manufacturing (FMM).
Nearly seven in 10 (69.5 per cent) Malaysian companies foresee shortages within just four weeks.
The situation is exacerbated by the fact that 8.2 per cent of manufacturers hold less than two weeks of critical supplies, leaving them extremely vulnerable.
The raw material shortages cut across nearly every sector, with cascading effects from upstream suppliers to downstream p...
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