Malaysia’s PMI up on improved overseas demand for M'sian products

Malaysia's economy has been slowing, but real GDP growth on average is still stronger than the 'A' median.

PETALING JAYA: A marginal improvement in Malaysia’s manufacturing operating conditions was recorded for the first time in two years during April, as seen in the Nikkei Malaysia Manufacturing Purchasing Managers’ Index (PMI).

This was supported by a solid gain in new export orders, as foreign demand for Malaysian-produced goods strengthened and helped offset ongoing weakness from domestic-based clients.