Factories hired more workers, higher salaries reported


Production line at Denko's factory.

KUALA LUMPUR: More workers were hired by the manufacturing sector in November 2018 while higher salaries and sales value were also recorded, according to the Statistics Department's data.

Its chief statistician Datuk Seri Mohd Uzir Mahidin said on Friday the total employees hired in the sector rose by 2% or  21,200  to 1.075 million workers from 1.054 million persons in November 2017. 

Salaries and wages paid rose 9% or RM316.6mil to record RM3.846bil, which was an average of RM3,575 per worker in November 2018.

Sales value per employee increased by 5.6% to RM66,709 from a year ago.

Uzir said manufacturing sales grew by 7.7% to RM71.8bil from a year ago due to the increase in transport equipment and other manufactures products (11.6%); petroleum, chemical, rubber and plastic products (10.9%) and electrical and electronics products (7.2%).

 

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

MITI identifies 33 indicators, 32 actions through national competitiveness committee meeting
Uzma gets RM100mil contract extension from PETRONAS Carigali
Ame REIT Unit to launch RM1bil sukuk wakalah programme
Tex Cycle appoints Ho Wai Mun as COO and Lee Junyan as CTO
Ringgit rebounds to end higher against US dollar
Khazanah develops young Malaysians to drive IR4.0, digital economy
Vincent Tan seeks new partner in high-speed rail bid
FBM KLCI edges up, bucks regional trend
Tesla launches redesigned Model Y in Asia, seeking to fend off rivals
Oil set for third straight weekly gain on winter fuel demand

Others Also Read