Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Bosch Malaysia sale increases 10% in 2015

byCT Report
05/08/2016
in Latest News
Share on FacebookShare on Twitter

KUALA LUMPUR: Focusing on its portability arrangements and availability ideas paid off for Bosch Malaysia in 2015, with the German organization recording an expansion in offers of RM664 million out of an aggregate gathering income of RM306 billion around the world, speaking to a 10% ascent over the earlier year. “We surpassed our own business desire in the previous year with development above business sector normal for the greater part of our divisions,” said Simon Song, overseeing executive of Bosch in Malaysia.

The increase in sales comes on top of Bosch’s investment of RM138 million into its Malaysian operations, with the majority of that sum ear-marked for research and development. This is out of a global investment of RM28 billion into R&D, which is roughly eight to 10% of its global turnover, said Song.

You might also like

New transit framework with Iran to position Pakistan as regional trade hub: ICCI

28/04/2026

Pakistan not seeking new financing from friendly countries: Aurangzeb

28/04/2026

Bosch also expanded its car multimedia plant in Penang in April of this year, in order to take on more development projects in developing car connectivity solutions for the future. For mobility solutions, Bosch saw increased sales growth, largely attributed to new product segments such as car lubricants and other fast-moving consumables.

In 2015, Bosch’s car directing plant in Penang started supplying electric force controlling frameworks to neighborhood car makers (outstandingly for the Proton Iriz) – another OEM portion for its operations here. Malaysia has likewise been assigned as its worldwide R&D office for further improvement of availability control units (CCU), prominently for the Europe and China markets.

Anticipating 2016, Bosch anticipates that gathering income will develop by between three to five percent on a worldwide premise. Bosch Malaysia is the second biggest benefactor to Bosch’s South-East Asia income stream, and utilizes 2,600 individuals – more than 4,000 if fabricating operations are checked – making it Bosch’s biggest workforce in the ASEAN district.

Related Stories

New transit framework with Iran to position Pakistan as regional trade hub: ICCI

byCT Report
28/04/2026

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI), has warmly welcomed the federal government’s recent decision to facilitate the transit...

Pakistan not seeking new financing from friendly countries: Aurangzeb

byCT Report
28/04/2026

SLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb has said that Pakistan has no intention to seek new...

Pakistani seafarers set sail on Norwegian-flagged ships under fresh MoU: Junaid Anwar Chaudhry

byCT Report
28/04/2026

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry welcomed the signing of a memorandum of understanding (MoU) with...

PRA chairman reviews service sector’s revenue targets

byCT Report
28/04/2026

LAHORE: Punjab Revenue Authority Chairman Moazzam Iqbal Sipra chaired a meeting to review progress on revenue targets from the services...

Next Post

Malaysia’s imports, exports up in June

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.