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Malaysia's Economy Ministry and MITI are studying proposals from the plastics industry to address challenges stemming from global supply chain disruptions affecting manufacturing operations.
Prime Minister Anwar Ibrahim has instructed MITI and the Economy Ministry to work directly with manufacturers grappling with supply chain pressures, following a National Economic Action Council meeting focused on bolstering the manufacturing sector's resilience.
The National Economic Action Council will examine proposals from the Malaysian Plastics Manufacturers Association addressing cost structures and competitiveness challenges amid global supply chain disruptions and rising raw material expenses.