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Category: General

Retail News Asia is committed to providing both local and global retailers with the latest General Retail news throughout the Asian market. This on a daily base.

  • Carrefour and Google to partner in online shopping initiative

    Carrefour and Google to partner in online shopping initiative

    Carrefour and Google have formed a strategic partnership to develop innovative online shopping solutions.

    The two companies say Google will contribute its technology and skills in AI, cloud computing and new consumer shopping interfaces like the Google Assistant, while Carrefour will bring its product expertise and know-how in logistics and sales.

    The partnership will focus on three initiatives: the availability of Carrefour on a new Google shopping website and Google Assistant in France, the creation of a Carrefour-Google innovation lab and the acceleration of Carrefour Group’s digitalisation.

    “The common objective of this partnership is to bring together the expertise of both companies to offer consumers new and innovative commerce experiences in France, whether that’s in a store, online, on smartphones, or with voice,” the two companies said in a statement.

    New buying experience

    The cooperation will see “a new buying experience from Carrefour across Google platforms” including Google Assistant, Google Home and a new Google Shopping website in France, expanding Carrefour’s footprint in the digital realm.

    “The common goal of both companies is to provide users with simplified and intuitive buying experiences. By early next year, users in France will be able to shop for groceries through a variety of channels including on Google Home, via the Google Assistant on their mobile phone, or on the web through the new Google shopping destination in France. Items can be delivered to their homes or made available for pick up in-store.”

    At the new innovation lab in Paris, Carrefour engineers will work side-by-side with Google Cloud AI experts to co-create new consumer experiences.

    Meanwhile, Carrefour will deploy Google Cloud’s G Suite productivity and collaboration solutions (including Gmail, calendar, drive, Hangouts, Docs) to more than 160,000 Carrefour employees.

    “This alliance makes Carrefour the first partner of Google on grocery e-commerce in Europe, creating a strong bond between the two companies,” said Alexandre Bompard, CEO of Carrefour.

    “It also marks an important step in the new story written by Carrefour since the announcement of the Carrefour 2022 plan. It allows us to accelerate our digital evolution and get a head start in deploying the omni-channel approach we want to offer our customers.”

    Sébastien Missoffe, VP and MD of Google France, said shoppers today are saddled with disconnected experiences through the online shopping journey, which often lead to abandoned shopping carts and low customer satisfaction and loyalty.

    “Customers want assistive, simple and personalised experiences that help them make decisions on what to buy, assist with easily building baskets across surfaces, and provide a seamless checkout. With Alexandre Bompard and his team, we wanted to explore new distribution models and e-commerce technologies to deliver simple, frictionless and deeply relevant experiences for shoppers in France.”

    Carrefour has a network of 12,300 stores across more than 30 countries.

  • Operation Goalkeeper World Cup against Counterfelt Goods

    Operation Goalkeeper World Cup against Counterfelt Goods

    In a sting to thwart criminal attempts to sell 2018 FIFA World Cup fakes, Hong Kong Customs’ Operation Goalkeeper has so far resulted in about $15.3 million worth of suspect merchandise being seized, plus five arrests.

    Aimed at preventing such items crossing the border, Operation Goalkeeper launched at the end of April with a focus on finding infringing items being trafficked through passenger and cargo channels at airport, seaport, land boundary and railway control points on the eve of the matches.

    Launched at the end of April 30, the sting has so far resulted in about 259,000 pieces of suspect items in 21 cases being seized.

    Items include about 180,000 pieces of apparel and accessories, 50,000 pairs of shoes and 29,000 bags. There are also about 57,000 suspected counterfeit jerseys, including 50,000 pieces bearing suspected forged FIFA trademarks.

    The items were seized from 12 seaborne containers, four goods vehicles and a batch of air parcels.

    Under the Trade Descriptions Ordinance, any person who imports or exports any goods to which a forged trademark is applied commits an offence. The maximum penalty is a fine of $500,000 and imprisonment for five years.

    Operation goalkeeper continues.

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  • Singapore Sales stays under the Expectations

    Singapore Sales stays under the Expectations

    Falling sales of electronics and apparel muted the overall figure for Singapore retail sales in April.

    The year-on-year headline figure rose by just 0.7 per cent after sales of motor vehicles were excluded from the data. Sales of computers and phones fell by 9.8 per cent, while apparel and footwear sales fell by 3.4 per cent.

    Supermarkets and hypermarkets slipped by 2.3 per cent and department stores by 1.7 per cent.

    Categories which improved were led by petrol service stations, up 8.5 per cent, and medical goods and toiletries, up 7.8 per cent.  Sales of furniture and household goods rose 4.8 per cent.

    Month-on-month retail sales declined 1.7 per cent and Statistics Singapore estimated online shopping accounted for just 4.4 per cent of total retail sales in April.

    Food retailers also had a forgettable month, with total sales falling 1.7 per cent year on year. Within that category, fast-food outlets boosted sales by 5.4 per cent, at the expense of restaurants and cafes, which declined 4.3 per cent.

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  • Japan studies regular mandatory closings in the Retail Industry

    Japan studies regular mandatory closings in the Retail Industry

    Large-scale specialty stores such as Daiso and Ikea may be subject to mandatory closings every two weeks as the South Korean government studies the validity of such a regulation.

    Research on the appropriateness of the regulation on large-scale specialty stores will start this month, says the Korea Small Business Institute. It will examine whether the big retailers are hurting small shops, and whether the regular closures are necessary. Requested by the Ministry of SMEs and Startups, the study will determine if the regulation is necessary.

    The restriction on such large-scale specialty stores has become the thorniest issue in the retail industry. Large retail outlets such as E-mart, Home Plus and Lotte Mart are subject to restrictions on working hours following a revision of the Distribution Industry Development Act in 2012, aimed at protecting small shops. Local governments adopted ordinances based on the Act, forcing large retail outlets to close on the second and fourth Sunday of each month.

    However, critics say it is unfair as only retail outlets are subject to the regulation while shopping malls such as Shinsegae Group’s Starfield and specialty shops like Ikea were exempted.

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  • Cebu Pacific to resume Manila-Busuanga flights in June

    Cebu Pacific to resume Manila-Busuanga flights in June

    Cebu Pacific is scheduled to resume flights between Manila and Busuanga, Palawan on Sunday, June 10 – two days after an airport mishap there.

    On Saturday, June 9, flights to and from Busuanga were canceled after a Skyjet plane overshot the runway of the Francisco Reyes Airport late Friday afternoon, June 8.

    In an advisory on Saturday night, Cebu Pacific announced that normal operations will resume on Sunday, and that all of its Cebgo flights will proceed as scheduled.

    It also announced additional Cebgo flights for Sunday to accommodate passengers affected by flight cancelations on Saturday:

    • DG 6049, Manila-Busuanga (Coron), 6:00 am
    • DG 6050, Busuanga (Coron)-Manila, 7:35 am
    • DG 6051, Manila-Busuanga (Coron), 9:30 am
    • DG 6052, Busuanga (Coron)-Manila, 11:05 am
    • DG 6053, Manila-Busuanga (Coron), 1:30 pm
    • DG 6054, Busuanga (Coron)-Manila, 3:05 pm
    • DG 6055, Manila-Busuanga (Coron), 2:50 pm
    • DG 6056, Busuanga (Coron)-Manila, 4:35 pm

    Cebu Pacific said that passengers whose Saturday flights had been canceled “are being notified regarding their new flight schedules.” It added that the passengers have the option to either rebook their flights within 30 days from original departure date, or claim a full refund or travel fund.

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  • Cebu Pacific launches Independence Day seat sale for GetGo cardholders

    Cebu Pacific launches Independence Day seat sale for GetGo cardholders

    Cebu Pacific is staging a two-day exclusive seat sale for GetGo Visa cardholders in celebration of the 120th Independence Day.

    Cardholders will be able to book flights to select domestic destinations for as low as P699 and P1,199 to select international destinations such as Hong Kong, Kota Kinabalu, Singapore, Narita, and Melbourne.

    The seat sale runs from June 12 to June 13, for travel from January 1 to March 31, 2019.

    The seat sale is available on Cebu Pacific’s website and can be settled using GetGo credit, debit or prepaid cards by Union Bank of the Philippines.

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  • AirAsia on the offensive over traffic rights

    AirAsia on the offensive over traffic rights

    AirAsia has accused Malaysia’s aviation body, Mavcom, of holding back the country’s aviation and damaging tourism growth.

    The airline made the accusations, Thursday, in a rebuttal of an earlier statement released by Mavcom saying it always adhered to a transparent and objective process when considering traffic right applications.

    AirAsia has accused Malaysian Aviation Commission (Mavcom) of making a grossly misleading statement on the evaluation process when allocating air traffic right to airlines.

    Mavcom had earlier said it that it followed a process that would take into account airlines’ views when it was allocating air traffic rights.

    But in its public statement, AirAsia disputed Mavcom’s claim saying the agency had failed to take into account the airline’s viewpoint made at three meetings since November last year to May this year.

    “Most of our concerns were ignored and have not been addressed,” the airline said in its statement.

    The airline claims that operations on international routes that are linked to unrestricted bilateral air agreements (permitting unlimited operations by airlines in terms of frequencies, seat capacity and aircraft types), should not be blocked by Mavcom.

    “Mavcom’s decision to reject our route applications is therefore completely against the Open Skies policy advocated by Malaysia’s  Ministry of Transport when negotiating for bilateral air agreements with other countries.”

    AirAsia is objecting to Mavcom’s demand that airlines should provide commercially sensitive and confidential information, such as unit revenue/cost (RASK/CASK) figures and fare structures, when requesting for route approvals.

    “Financial evaluation of routes should be left to the airlines, as it is the airlines’ prerogative to decide on the commercial viability of their own operations,” AirAsia said.

    It called on Mavcom to simplify the air traffic rights allocation process claiming it is “ now extremely cumbersome due to the high number of documents and data that need to be provided to support applications for route approvals.”

    AirAsia calls for more transparency from Mavcom as no detailed computation/supporting data is provided when a route is rejected, other than a statement citing “overcapacity” on the route concerned.

    The airline group noted that Mavcom rejected an application to increase Kota Kinabalu-Sandakan flights from 25 to 32 trips per week citing there was overcapacity on the route event though flights were operating at a 90% load factor.

    “We also wish to seek clarification from Mavcom on why MASwings is being allowed to operate 21 trips per week on the route. MASwings is a fully subsidised airline and possesses an undue financial advantage over other commercial airlines, and a review of its 21 times weekly service is required. Inter-Sabah air connectivity has been held back for years and we are keen to boost tourism in the state.”

    Malaysian carriers already lag behind their Asean competitors in terms of total weekly seats deployed for points in Asia.

    According to the Ministry of Tourism Malaysia, Thai carriers have deployed 893,166 weekly seats, while Singapore carriers have deployed 661,863, compared to 590,422 by Malaysian carriers as of December 2017.

    “Mavcom blocking growth in this manner only serves to benefit other regional airlines who are allowed to grow without undue restrictions by their own civil aviation authorities.

    “We have also seen a 3% decline in tourist arrivals to Malaysia to 25.95 million in 2017 from 26.76 million in 2016. Mavcom’s rejection of route applications will only further compound the issue and hamper Malaysia’s tourism and economic growth.”

    AirAsia Malaysia CEO Riad Asmat said, “Mavcom is not an airline, and should leave the business to actual airlines like AirAsia that understand the market. Since 2001, we have grown from two planes to more than 200 aircraft and from 200,000 guests flown in that first year to 89 million guests this year. We operate more than 320 routes – one-third of which are unique – to over 130 destinations across Asia-Pacific, the Middle East and the US.

    “By failing to understand the true business of airlines, and by trying to micro-manage the industry, Mavcom is doing more harm than good to Malaysian aviation, the exact opposite of its mandate. It is holding the industry back with slow approvals and high charges, while other countries invest heavily in increased air traffic connectivity, to the detriment of the Malaysian tourism sector and the economy,” the airline’s CEO concluded.

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  • Singapore retail sales still lacklustre in April

    Singapore retail sales still lacklustre in April

    Retail sales continued its lacklustre streak in April, ticking up marginally by 0.4 per cent compared to a year ago, dragged down by a sharp dip in computer and telecommunications equipment.

    This followed March’s 1.1 per cent drop in retail sales.

    Excluding motor vehicle sales, retail takings inched up 0.7 per cent in April, according to Singapore Department of Statistics data released on Tuesday.

    Performance among the retail industries was a mixed bag, with the largest decline seen in computer and telecommunications equipment (-9.8 per cent), followed by apparel and footwear (-3.4 per cent), supermarkets and hypermarkets (-2.3 per cent), and department stores (-1.7 per cent).

    The top performer in April was petrol service stations, which reported a sales growth of 8.5 per cent, due partly to higher petrol prices.

    On a month-on-month basis, seasonally-adjusted retail sales fared even worse, decreasing by 0.2 per cent in April. Excluding motor vehicles, retail sales declined 1.7 per cent.

    The total retail sales value in April 2018 was estimated at S$3.6 billion, of which online sales accounted for about 4.4 per cent.

    The food and beverage services index was also awash in red in April, dipping 1.2 per cent compared to a year ago. On a month-on-month basis, it fell by 3.4 per cent.

    The total sales value of food and beverage services in April 2018 was estimated at S$662 million, lower than the S$670 million in April 2017.

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  • Miniso India plans big expansion this year

    Miniso India plans big expansion this year

    Discount chain Miniso India plans to open 200 stores by year’s end.

    India has become a fertile market for many international retail brands, including Gap, H&M and Zara. So far, Miniso has opened 20 stores in India.

    A World Bank report says India’s economy has grown by 6.7 per cent from last year, and is expected to grow to 7.3 per cent this year, overtaking China as the world’s fastest-growing economy again.

    India’s GDP of about US$2.6 trillion made it the world’s sixth-largest economy last year.

    Rapid development of the economy also laid a good foundation for the prosperity of India’s retail industry.

    India’s robust economic growth and rising household incomes are expected to increase consumer spending to $4 trillion by 2025.

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  • Daiso Taiwan to face second import ban

    Daiso Taiwan to face second import ban

    Japanese retail chain Daiso Taiwan is expecting to face a second import ban.

    It was earlier slapped with a six-month ban for illegally importing food products from areas affected by the 2011 Fukushima nuclear disaster and selling them with falsified labels of origin in Taiwan in 2015.

    Known for selling food and discounted consumer products, Daiso was also fined NT$41.64 million (US$1.39 million) for falsifying transaction dates to obtain import permits, says Taiwan’s Ministry of Economic Affairs. A total of 694 import application documents were found to be fraudulent.

    Daiso Taiwan may also close its retail branch in Penghu, leaving it with 59 outlets.

    Regarding the new import ban, Daiso Taiwan said on its website it had improved its import procedures since the lapse in 2015.

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  • Retail Sales During Ramadan Signal a Rebound

    Retail Sales During Ramadan Signal a Rebound

    Retail sales in Indonesia increased ahead of the Idul Fitri holiday, hinting of a much-anticipated rebound in private consumption.

    Shopping malls saw crowds of people hunting for discounts on new clothes, jewelry or the latest trends in shoes and handbags ahead of the annual festivity. Housewives have meanwhile been filling their grocery baskets with staples such as beef, chicken and chili, the prices of which have been uncharacteristically low for this time of the year.

    “We expect retail sales to increase by between 20 percent and 25 percent, compared with the Idul Fitri holiday last year,” said Roy Mandey, chairman of the Indonesian Retailers Association (Aprindo).

    Sales growth has been accelerating since January, reversing last year’s downward trend, and reached 3.4 percent in April – the highest in 10 months, according to World Bank data.

    A Bank Indonesia survey also showed the Consumer Confidence Index increasing 2.9 points in May to 125.1 – near its three-year peak. A reading above 100 reflects optimism.

    Consumers started spending more of their incomes, according to the survey. The average income-for-consumption ratio slightly increased to 66.1 percent from 66 percent the previous month, while the income-for-saving ratio declined to 19.6 percent from 20 percent.

    According to Roy, retail sales during Ramadan and the Idul Fitri holiday will contribute around 40 percent to the full-year target. Last year, retail sales only contributed 6 percent to the total in the same period. The average contribution is 15 percent.

    Indofood Sukses Makmur, one of Indonesia’s largest producers of packaged goods and flour, predicts a 10 percent to 12 percent increase in sales during this period.

    “We increased stocks to meet rising demand during the fasting month and holidays that follow it,” Indofood director Taufik Wiraatmadja said on Thursday (07/06). He added that this was done to boost the company’s sales during Ramadan.

    Indofood CBP Sukses Makmur, its subsidiary that produces various branded consumer products such as instant noodles, snacks and dairy products, predicts an 8 percent to 12 percent rise, while Bogasari, its flour producer arm, predicts a 10 percent increase in sales.

    The growth in retail sales is also reflected in advertising spending during Ramadan, which increased 7 percent overall during Ramadan this year, compared with the same period last year.

    Research by Nielsen shows that there was an average of 7 million TV viewers in Indonesia per day during this year’s Ramadan, which is 18.6 percent more compared with other months. People watched TV about five hours 19 minutes on average during Ramadan, compared with four hours and 53 minutes during the non-Ramadan period. The research compared the Ramadan period on May 16-21, with the non-Ramadan period of April 1-7.

    “For online shopping during Ramadan, there is growth in clothing products, food and beverages products, household products and travel-related products,” said Hellen Katherina, executive director of media business at Nielsen Indonesia.

    Signs of a Turnaround

    Ramadan sales usually contribute 15 percent of Indonesian retailers’ annual sales, according to Roy of Aprindo. But last year’s sales were weak and only made up 6 percent of the full-year sales. As a result, retailers saw only 3.65 percent growth in 2017, representing the sector’s worst performance in the past 10 years.

    The positive trend comes as a relief to retailers, who are now confident of reaching between 8 percent and 9 percent growth by the end of this year, Roy said.

    He attributed the spike in retail sales to holiday bonuses and 13th checks received by some 4.3 million civil servants across the country.

    This year, the government allocated Rp 35.76 trillion ($2.56 billion) towards 13th checks and holiday bonuses for civil servants who have not seen pay raises since 2016. Last year’s figure was Rp 23 trillion. The government has also raised its expenditure on social assistance, which includes village funds, cash transfers under the Family Hope Program (PKH) and rice social assistance (Rastra). It has spent Rp 17.9 trillion between January and March, almost a double last year’s figure.

    “While a quarter that includes Ramadan usually fares better than other quarters, Jokowi’s move to increase the allowance for civil servants and expenditure on social programs proves to be a good decision to boost retail sales,” Alfred Nainggolan, a research analyst at brokerage firm Koneksi Kapital said on Sunday, referring to President Joko Widodo by his popular nickname.

    “There will be more momentum to increase it, such as regional elections and the Asian Games, which in turn will further support Indonesia’s economic growth,” Alfred said. The regional elections will be held at the end of June, while the Asian Games will take place in August and September.

    Stable food prices also contributed to consumer confidence, according to Juan Permata Adoe, deputy chairman of strategic foods affairs at the Indonesian Chamber of Commerce and Industry (Kadin).

    The government opened the import market for staple goods and imposed price controls on rice, sugar, meat, packaged cooking oil, and fuel and power to stabilize prices.

    A kilogram of beef sold for Rp 149,300 per kilogram during the last week of Ramadan, virtually unchanged from a month ago, according to National Strategic Food Price Information Center. In the past, it has not been unusual to see a 30 percent jump in commodity food prices during Ramadan and Idul Fitri.

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  • As plastic sector booms, Vietnamese firms are easy prey

    As plastic sector booms, Vietnamese firms are easy prey

    Major Vietnamese plastics firms are being taken over in a big way by foreign firms from Thailand, Japan and South Korea.

    In April, Thai business conglomerate Siam Cement Group (SCG) acquired over 50 percent of shares in Binh Minh Plastics (BMP), a big player in Vietnam’s plastics industry. Previously, SCG had already poured in $121 million to acquire seven other Vietnamese plastics firms, according to a report.

    Japan is also gearing up to conquer Vietnam’s plastics sector. Japan-based Sekisui Chemical has become a strategic partner in Tien Phong Plastics, acquiring 25 percent of the company’s shares last year, and Japan’s Meiwa Pax Group has paid $16.5 million to buy HCMC-based packaging firm Sapaco.

    South Korea firms have also jumped into the fray, with packaging firm Dongwon Systems acquiring over 97 percent of Tan Tien Plastics in 2016. Tan Tien is a frontrunner in Vietnam’s packaging industry, and a major partner for several big companies operating in Vietnam, such as Unilever, Ajinomoto, Trung Nguyen or Vinamilk.

    Vietnam has become a ripe destination for foreign firms because the plastics industry has been booming. For the last 3 years, it has grown by 15-17 percent each year.

    In 2016, Vietnam housed over 2,000 firms in the country. The annual per capita consumption of plastics in Vietnam is around 41 kilograms, according to Vietnamese securities firm Vietcombank Securities. That number is projected to increase to 45 kilograms per person in 2020, according to the Vietnam Plastics Association.

    “Vietnam’s plastics sector has great potential to grow,” said Kubo Hajime, a management board member of Sekisui Chemicals.

    Vietnam’s cheap labor and material costs is also an advantage, economist Dinh The Hien said. He said the fact that Vietnam is part of several trade agreements, most notably the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, helps.

    Vietnamese plastics firms lack the necessary capital, technology and high-skilled labor required to compete in an increasingly tougher market, said Ho Duc Lam, President of Vietnam Plastics Association.

    “Another problem for Vietnamese plastics firms would be high production costs, which leads to high prices,” he said.

    Vietnam needs to focus more on targeting the right customers with the right products to compete, an unnamed representative of a Vietnamese plastics firm said.

    “We would also need to invest more in technology and machinery to upgrade our assembly chains, thus increase our product quality and reduce production costs,” he said.

    Last year, the plastic sector recorded an export value of over $3 billion, a year-on-year increase of 17.6 percent.

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  • AirAsia dares Singaporeans to dream with new campaign

    AirAsia dares Singaporeans to dream with new campaign

    AirAsia’s new #DareToDream campaign, which is currently running in Singapore with the tagline “We Dare to Dream, So You Can Too”, aims to inspire by sharing personal stories, to encourage individuals to dream big, push limits and seize the day.

    The campaign was motivated by AirAsia’s own success story, and credits its employees who have propelled AirAsia to where it is today. It runs until August 2018 on YouTube, Facebook and Channels 5 and 8. AirAsia will also seed its #DareToDream message on various other digital platforms through InSkin and S4M, and also run ad images on buses to further reinforce the brand messaging. The Smalls and Carat Singapore were involved in the campaign.

    #DareToDream also shares the achievement of one of the airline’s All-Stars, Captain Suwapich Wongwiriyawanich, who dared to dream and made it come true. She is the first female A330 pilot in AirAsia Thailand.

    “At AirAsia, one of our core values is to dare to dream and we want to inspire our employees and guests to do so too. No dream is too big,” AirAsia Singapore, head of marketing, Sharon Cheong, said.

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  • Maxis, AirAsia put up RM30 mil for World Cup airing on RTM

    Maxis Bhd (Maxis) was announced as the main sponsor for the live telecast of 41 World Cup 2018 matches through Radio Televisyen Malaysia (RTM).

    Information and Communications Minister, Gobind Singh Deo, said meanwhile, AirAsia Bhd (AirAsia) had agreed to a RM12 million sponsorship in the gold category, sealing the deal for the games’ telecast here, which costs an overall RM30 million.

    He said there were other corporate bodies who had expressed interest to sponsor the telecast.

    “RTM is still in a negotiation process with the interested parties. We encourage those interested to come forward. The RM30million is meant for the 41 World Cup matches, so other sponsorships could be used for promotional activities and even additional telecast for the remaining matches,” he said in a Press conference to launch FIFA World Cup 2018 the free live telecast today.

    He said the government thrived in providing the platform for the people for different fields including patriotism, recreational and entertainment.

    “We can’t deny the fact that football is a very popular sport among the people. Thus, the telecast agenda was given priority so that the message could be channeled effectively.

    “The sponsorship is not only important in making that the World Cup telecast a success, but also a boost to RTM’s reputation,” said Gobind, who is a fan of Brazil football team.

    Out of the 64 matches, RTM will show 41 matches, out of which 28 will be live and 13 delayed.

    RTM allocates a total of 400 hours of telecast through TV1 and TV2 in the 21st FIFA World Cup, which will be held in Russia starting from June 14.

    TV viewers also stand a chance to win flight tickets in a contest by AirAsia held throughout the tournament.

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  • Manufacturing sector Malaysia posts RM65.5b sales in April 2018

    Manufacturing sector Malaysia posts RM65.5b sales in April 2018

    Malaysia’s April manufacturing sales recorded a growth of 8.2% to RM65.5 billion compared with RM60.5 billion reported a year ago, according to the Statistics Department.

    The significant increase in sales value in April was due to the increase in electrical and electronics products (13.9%), petroleum, chemical, rubber and plastic products (6.3%) and food, beverages and tobacco products (6.4%).

    Total employees engaged in the manufacturing sector in April 2018 was 1.07 million persons, an increase of 2.1% or 22,100 persons against 1.05 million persons in April 2017.

    Salaries & wages paid rose 10.2% (RM353.5 million) to record RM3.83 billion, thus registering an average salaries & wages per employee of RM3,577 in April 2018.

    Sales value per employee gain 6.0% to RM61,226 compared with the same month the previous year.

    MIDF Research is of the view that the continuous uptrend in both wages and employment in the manufacturing sector provides a bright outlook for the economic activities and contribute positively towards domestic consumption in 2018.

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