Asia’s manufacturing downturn deepens amid depressed demand - Asean countries also hurt including Vietnam, Myanmar and Thailand

Manufacturing activity remained muted in Asia ahead of the peak holiday season, extending its protracted slump this year.

Factory activity in the region mostly worsened in September as lacklustre global demand for goods drove a decrease in output and new work, according to the manufacturing purchasing managers’ index published Monday by S&P Global and au Jibun Bank.