Big cloud over M'sian manufacturing, PMI at lowest level

FMM president Datuk Soh Thian Lai(pic) said the digital manufacturing hub would offer industry players hands-on experience in emerging technologies and digital transformation, as well as becoming an avenue for reskilling talents in new areas

PETALING JAYA: A big cloud hangs over the Malaysian manufacturing sector after its Purchasing Managers’ Index (PMI) for December 2018 hit its lowest on record.

An economist said there was a significant fall in demand, while export orders dropped for the first time since June resulting from weakness across the Asia-Pacific region.