PETALING JAYA: The Malaysian manufacturing sector expects business conditions to improve in the next six months despite concerns over external developments and the rising cost of production, said the Federation of Malaysian Manufacturers (FMM).
The improved outlook was also for both local and export sales and capital investment, which would lead to higher production volume and greater capacity utilisation, it said in a statement citing data from the FMM-MIER Business Conditions Survey, which is a semi-annual survey of business conditions in the manufacturing sector.