Cautious optimism on manufacturing sector

Quick Summary:

Malaysia’s manufacturing sector remained sluggish in January, as business conditions showed only marginal improvement amid ongoing external uncertainties.

Despite ongoing challenges, Malaysia’s manufacturing sector is expected to stabilise in 2025, supported by sustained electronics exports and increased foreign direct investment under the China+1 strategy.

The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) was at 48.7, a slight increase from December’s 48.6, indicating the eighth consecutive month of contraction in the sector.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaCambodiaChinaIndonesiaPhilippinesThailandUnited StatesVietnam

Topics: /Business/Business News MalaysiaManufacturing ExportDiversification TradeUncertainty FactoryOutput PMIdecline GlobalTrade Economy SupplyChainShift

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-05 @ 00:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 785 words

Reading Time: 5 minutes read

Sentences: 17 lines

Sentence Length: 47 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 25896707

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 38 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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