Weak sales projections for first-half of the year

In tandem with the expected decline in sales, it said both production volume and capacity utilisation are also expected to fall.

PETALING JAYA: A survey conducted by the Federation of Malaysian Manufacturers (FMM) and the Malaysian Institute of Economic Research (MIER) is projecting gloomy domestic sales during the first-half of the year (1H20).

According to the FMM-MIER Business Conditions Survey, manufacturers’ outlook for business in 1H20 is generally lacklustre, as uncertainties continued to weigh amid the Covid-19 outbreak.