The United States’ unilateral ban on five Malaysian companies will not affect the overall value of the country’s exports, according to the Investment, Trade and Industry Ministry .
“None of the trading companies is registered with the Malaysian Investment Development Authority for any manufacturing licence or incentive. This means they are traders rather than manufacturers,” the ministry said in a reply posted on the Parliament website today. MITI said the companies that have been hit with the unilateral ban since December 2023 are Skyline Advanced Technologies Sdn Bhd, Nava Hobbies Sdn Bhd, Integrated Scientific Microwave Technology Sdn Bhd, Arta Wave Sdn Bhd, dan Jatronics Sdn Bhd.
Meanwhile, answering a question from Lim Lip Eng who wanted to know the status of the probe on Jatronics and the government’s follow-up action, MITI said it has contacted and met with the company’s directors to get a true picture of the situation.