Floods to cost manufacturers RM180 million

Ragananthini Vethasalam

Ninety-two companies surveyed by the Federation of Malaysian Manufacturers say their current estimate of flood damage is RM178 million, and that this could rise in the final count. – The Malaysian Insight pic by Afif Abd Halim, December 26, 2021.

MANUFACTURERS in areas ravaged by the recent floods have suffered almost RM180 million in damage, a survey conducted by the Federation of Malaysian Manufacturers (FMM) discovered.

These affected companies, however, anticipate this figure to increase, as they are still not out of the woods.

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