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KUALA LUMPUR, Jan. 3 (Xinhua) The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers Index (PMI) stood at 47.8 in December last ye
KUALA LUMPUR, Jan 3 Malaysia's manufacturing sector continued to face challenging business conditions in December 2022, with the manufacturing purchasing managers’.
KUALA LUMPUR (Jan 3): Malaysia's manufacturing sector continued to face challenging business conditions in the final month of 2022. S&P Global in its Malaysia Manufacturing PMI note on Tuesday (Jan 3) said that muted customer demand reportedly contributed to sustained moderations in output and order books. It said companies subsequently trimmed input buying and downwardly adjusted inventory levels. Backlogs of work, meanwhile, depleted at a rate among the fastest on record.