Malaysia PMI at seven-month high

CGSCIMB said the reclamation exercise, that will be in three phases, will first need to undergo technical discussions with the Port Klang Authority and the Transport Ministry.

KUALA LUMPUR: The headline Nikkei Malaysia Purchasing Managers’ Index (PMI) has risen to a seven-month high in April, the highest since September 2018 amid growth for export orders.

Nikkei said the upward trend in April was the highest since September 2018, recording 49.4 compared with 47.2 in March to return to its long-run average.