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NES Security Door forges alliance with Swiss firm Skinrock, eyes innovation and export growth
NES Security Door forges alliance with Swiss firm Skinrock, eyes innovation and export growth

The Sun

time18-05-2025

  • Business
  • The Sun

NES Security Door forges alliance with Swiss firm Skinrock, eyes innovation and export growth

PETALING JAYA: NES Security Door Marketing Sdn Bhd, a Malaysian manufacturer of security and safety doors, formalised an international collaboration with Switzerland-based Skinrock AG, marking the start of a strategic alliance focused on material innovation and international market growth. A memorandum of understanding (MoU) signing ceremony was held in conjunction with the official launch of NES's newly completed manufacturing facility in Klang, Selangor, officiated by Investment, Trade and Industry deputy secretary-general (industry) Datuk Hanafi Sakri. The collaboration comes as Malaysia's manufacturing sector demonstrated vigorous growth with sales reaching RM1.9 trillion in 2024, a 4.6% increase over the previous year. This includes the non-metallic mineral products, basic metal and fabricated metal products sub-sector, which covers steel and aluminium fabrication, recording a 3.2% year-on-year sales growth in December 2024, reflecting healthy performance in areas aligned with NES's core manufacturing focus. Skinrock is globally recognised for its pioneering development of ultra-thin, flexible natural stone veneers that are used extensively in high-end architectural and interior design applications. Under the MoU, NES and Skinrock will explore collaborative opportunities in product integration, research and development, and international distribution, including applying Skinrock's natural stone veneers in NES's upcoming products. Hanafi said, 'By bringing together Skinrock's expertise in natural stone technology with NES's commitment to high-quality, design-driven production, this partnership lays the foundation for creating export-ready products that are both functional and architecturally unique. It reflects a growing confidence in the ability of Malaysian companies to deliver differentiated solutions for the global market.' Skinrock founder Uelli Stiffler said in his speech, 'We're excited to deepen our presence in Southeast Asia through this collaboration. Working with NES allows us to explore new applications and bring our material innovation to a broader market. We hope this inspires more cross-border partnerships between European and Malaysian industries.' With the new factory boosting NES's production capacity from 800 to 2,000 units per month, the partnership arrives at a pivotal moment as the company positions itself to capitalise on Malaysia's dynamic, export-driven manufacturing sector. NES's export roadmap for 2025 targets markets in Taiwan, the Philippines and Australia, with plans to expand into North America, South Asia and the Middle East. Backed by a targeted 20% annual growth rate, NES aims to generate RM45 million in annual export revenue by 2027. 'This MoU is a major milestone, but it is part of a much bigger journey,' said NES founder Datuk Seri Dom Tee. 'We're not just building doors, we're building a globally competitive brand. Our sights are set on going public by 2028, with a market valuation target of RM400 million. With meaningful partnerships and consistent growth, we're confident that we can provide a platform for Malaysian companies to stand tall globally.' Looking ahead, NES will debut new offerings under the NES x Skinrock brand, incorporating Skinrock's natural stone veneers as a distinctive design and selling feature. Among the upcoming initiatives is the 'Master Craft's Artist' series, a curated line of one-of-a-kind doors created in collaboration with local andinternational designers, highlighting the artistic and technical potential of Malaysian manufacturing.

Automechanika KL spotlights Malaysia's role in 'green' automotive innovation
Automechanika KL spotlights Malaysia's role in 'green' automotive innovation

New Straits Times

time15-05-2025

  • Automotive
  • New Straits Times

Automechanika KL spotlights Malaysia's role in 'green' automotive innovation

KUALA LUMPUR: The 14th edition of Automechanika Kuala Lumpur opened its foors today, spotlighting Malaysia's growing role in sustainable automotive innovation. The event, running from May 15-17, features over 310 exhibitors from 20 countries and regions, marking its largest showcase to date across six halls at the Kuala Lumpur Convention Centre, a step up from five last year. Firms such as Alienworld Technology Bhd, Areon Malaysia, Emerald Auto Parts Sdn Bhd, EV Connection Sdn Bhd, Kineta Sdn Bhd, Hans Tools Malaysia and King Hup Motors (M) Sdn Bhd are prominently featured across the fairground. A broad array of vehicles spanning from Japanese Domestic Market (JDM) vehicles to classic and audio-modified cars is on display, seamlessly connecting business-to-business and consumer segments. Among the key highlights is the hands-on learning experience offered by the collision repair training workshop, centres on electric vehicle (EV) safety and sustainable repair techniques. The event also features in-depth panel discussions under the Automotive Mobility Solutions Conference, delving into critical topics such as energy transition and digitalisation in Asean transport. Beyond environmental concerns, the event addresses long-term economic viability, especially as the region gears up for wider EV adoption and the rollout of smarter transport systems. Deputy secretary-general (industry) of the Investment, Trade and Industry Ministry Datuk Hanafi Sakri said the exhibition reinforces Malaysia's dedication to green mobility while highlighting its leadership within Asean. "Automechanika Kuala Lumpur 2025 showcases a dynamic platform that reflects the evolving automotive landscape and Malaysia's pivotal role in driving regional and global progress," he said. With Malaysia's Asean chairmanship amplifying its voice on regional policy, Hanafi added that the event elevates the country's position in advancing innovation, trade and sustainability across the global automotive sector. Whether through B2B or B2C interactions, the exhibition stands out as a unified platform to meet the demands of a rapidly transforming market, he said.

Malaysia seeking tariff relief from the US for key aerospace industries
Malaysia seeking tariff relief from the US for key aerospace industries

The Sun

time08-05-2025

  • Automotive
  • The Sun

Malaysia seeking tariff relief from the US for key aerospace industries

SHAH ALAM: Malaysia is in negotiations to exempt key aerospace industries, such as maintenance, repair, and overhaul (MRO), from United States tariffs. Investment, Trade and Industry (MITI) deputy secretary-general (Industry) Datuk Hanafi Sakri said that the imposition of tariffs would affect both local and US aerospace companies. 'We are negotiating to ensure key aerospace industries are exempted from the US tariffs. Ideally, we would want everything exempted, but the priority is ensuring this critical sector remains competitive. 'For the aerospace sector, if tariffs are imposed, US companies (in the aerospace sector) would also be affected,' he said during the launch of KarbonMRO Services Sdn Bhd's new aircraft and engine maintenance facility at Subang Airport's Skypark Regional Aviation Centre today. The MRO facility is a joint venture between local firm Dviation Group and Japan's Marubeni Corporation. Hanafi emphasised that the Malaysian Aerospace Industry Blueprint targets the industry to generate RM55 billion in revenue by 2030, and the country needs significant momentum to reach that goal. 'The industry's current revenue is estimated at around RM25 billion, and we need several leaps forward. This collaboration with KarbonMRO is one of the initiatives to help aerospace companies grow,' he noted. Earlier, Hanafi stated that the event marks a significant step forward in strengthening Malaysia's position as a regional hub for MRO services. 'In an industry where innovation, efficiency, and technical excellence drive progress, investments like this contribute to the nation's long-term economic growth and competitiveness,' he said. Hanafi highlighted that the expansion of KarbonMRO and the establishment of its new Karbon Engine Services (KES) are well aligned with national ambitions. KES offers comprehensive airframe and engine services, including scheduled maintenance, structural repairs, aircraft teardown, and preservation. 'This joint venture between Dviation Group and Marubeni Corporation reflects the importance of cross-border collaboration in advancing technological expertise and global best practices. Such partnerships help ensure that Malaysia continues to attract high-value investments and reinforce its aerospace supply chain,' he said. According to industry analysis by NAVEO Consultancy, the Asia-Pacific region and China account for approximately 37 per cent of the current air transport orderbook, with more than 5,200 aircraft on order or option.

M'sia seeks US tariff relief for key aerospace sectors
M'sia seeks US tariff relief for key aerospace sectors

The Sun

time08-05-2025

  • Automotive
  • The Sun

M'sia seeks US tariff relief for key aerospace sectors

SHAH ALAM: Malaysia is in negotiations to exempt key aerospace industries, such as maintenance, repair, and overhaul (MRO), from United States tariffs. Investment, Trade and Industry (MITI) deputy secretary-general (Industry) Datuk Hanafi Sakri said that the imposition of tariffs would affect both local and US aerospace companies. 'We are negotiating to ensure key aerospace industries are exempted from the US tariffs. Ideally, we would want everything exempted, but the priority is ensuring this critical sector remains competitive. 'For the aerospace sector, if tariffs are imposed, US companies (in the aerospace sector) would also be affected,' he said during the launch of KarbonMRO Services Sdn Bhd's new aircraft and engine maintenance facility at Subang Airport's Skypark Regional Aviation Centre today. The MRO facility is a joint venture between local firm Dviation Group and Japan's Marubeni Corporation. Hanafi emphasised that the Malaysian Aerospace Industry Blueprint targets the industry to generate RM55 billion in revenue by 2030, and the country needs significant momentum to reach that goal. 'The industry's current revenue is estimated at around RM25 billion, and we need several leaps forward. This collaboration with KarbonMRO is one of the initiatives to help aerospace companies grow,' he noted. Earlier, Hanafi stated that the event marks a significant step forward in strengthening Malaysia's position as a regional hub for MRO services. 'In an industry where innovation, efficiency, and technical excellence drive progress, investments like this contribute to the nation's long-term economic growth and competitiveness,' he said. Hanafi highlighted that the expansion of KarbonMRO and the establishment of its new Karbon Engine Services (KES) are well aligned with national ambitions. KES offers comprehensive airframe and engine services, including scheduled maintenance, structural repairs, aircraft teardown, and preservation. 'This joint venture between Dviation Group and Marubeni Corporation reflects the importance of cross-border collaboration in advancing technological expertise and global best practices. Such partnerships help ensure that Malaysia continues to attract high-value investments and reinforce its aerospace supply chain,' he said. According to industry analysis by NAVEO Consultancy, the Asia-Pacific region and China account for approximately 37 per cent of the current air transport orderbook, with more than 5,200 aircraft on order or option.

Halal industry set to contribute RM231bil within next five years, says Miti deputy sec-gen
Halal industry set to contribute RM231bil within next five years, says Miti deputy sec-gen

The Star

time30-04-2025

  • Business
  • The Star

Halal industry set to contribute RM231bil within next five years, says Miti deputy sec-gen

KUALA LUMPUR: The halal industry is projected to contribute RM231bil to the nation's economy within the next five years, says Investment, Trade and Industry (Miti) deputy secretary-general Datuk Hanafi Sakri. He said that this was due to a robust halal ecosystem in sectors such as food, finance and travel. "The halal industry makes up a significant portion of Malaysia's gross domestic product (GDP) with projection estimating that it will reach 10.8% contribution by 2030 or RM231bil," he said this in his speech during the soft launching of the 21st Malaysian International Halal Showcase (Mihas) here on Wednesday (April 30). In 2024, Malaysia's halal product exports reached RM61.79bil, an increase of 15% from RM53.72bil recorded the previous year, added Hanafi. "The growing global demand for halal products is valued at over US$3 trillion (RM12.95 trillion). "It is expected to reach US$5 trillion (RM21.58 trillion) by 2030," he said. According to a Mihas Facebook post, Malaysia is aiming for a RM63.1bil halal export target this year. Hanafi noted that Malaysia continues to maintain its top position in the Global Islamic Economy Indicator (GIEI) rankings for 10 consecutive years, followed by Saudi Arabia, Indonesia, and the UAE. He said that Malaysia's strength lies in its Islamic finance, halal food as well as media and recreation. He added that Malaysia's leadership in this sector is a testament to the country's continued innovation and dedication to developing the halal industry. On Mihas, Hanafi lauded its role as a platform for both local and international players to promote their halal products and services since its inception in 2004. "In its 21 years of existence, Mihas has attained incredible achievements. From its humble beginning with only 500 booths, last year Mihas presented nearly 2,100 booths," he said, adding that last year's event recorded sales totalling RM4.3bil. To further solidify Malaysia's status as a global halal leader, he said that several strategic initiatives were outlined in Malaysia's Halal Industry Master Plan 2030 (HIMP 2030) launched in 2023. Meanwhile, in the context of Malaysia's Asean chairmanship, Hanafi said that a special Asean pavilion will be set up at Mihas this year. "In addition to that, there will also be a dedicated pavilion for companies from the Gulf Cooperation Council (GCC) region, as a strategic partner of Asean featured in Mihas this year," he added. Hanafi later officiated the Mihas soft launching on behalf of Miti Minister Tengku Datuk Seri Zafrul Abdul Aziz who was unable to attend the event. Meanwhile, in his welcoming address, Malaysia External Trade Development Corporation's (Matrade) chairman Datuk Seri Reezal Merican Naina Merican said the success of Mihas last year is evidence of its growing significance. "Last year's event achieved a remarkable RM4.3bil in sales which represents a substantial 34% increase compared to the previous year," he said. He added that the event last year attracted over 43,000 visitors from 90 countries. "The bar is now higher for Mihas 2025," he said. Reezal added that the next Mihas international edition will be held in Shanghai this November. "MIHAS@Shanghai will be through strategic participation in the China International Import Expo (CIIE)," he said. He added that the event would further leverage Malaysia's position to cater to the increasing Chinese as well as East Asia's demand for halal products and services. The 21st Mihas, themed "Pinnacle of Halal Excellence", will be held from Sept 17 to 20 this year at the Malaysia International Trade and Exhibition Centre (Mitec). Those interested in participating in the event can contact 03-62119973, or email sales@

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