Panasonic Manufacturing Malaysia Berhad

Panasonic Manufacturing Malaysia Berhad closed its rice cooker and small kitchen appliances departments as part of a rationalisation exercise affecting 223 employees. 95 employees opted for a mutual separation scheme and 128 were reassigned.

Panasonic announced near-term business expansion in Malaysia including a new R&D building for commercial air-conditioners and air-to-water heat pump systems, and increased production of automotive capacitors in the Klang Valley. The company also closed its rice cooker and small kitchen appliances departments, affecting 223 employees.