21 August 2019
“In addition, only 25 per cent of the respondents expected export and local sales to increase in H2 2019,” he said at the media briefing in conjunction with the release of FMM- Malaysian Institute of Economic Research Business Conditions Survey for First Half of 2019 here, today.The survey was carried out from June 4 until July 28, 2019, with the participation of 509 FMM members nationwide.
RCEP is a proposed free trade agreement between 10 ASEAN member countries and six Asia Pacific nations, namely Australia, China, India, Japan, South Korea and New Zealand. On the bright side, Soh said 34 per cent of the respondents have embraced the Industrial 4.0 by implementing automation in H1 2019, while 33 per cent of them are considering it.