Manufacturing recovery
PETALING JAYA: Green shoots are appearing in the domestic manufacturing sector as factory activity in June 2020 entered into the expansion territory for the first time since September 2018.
While most economies in Asia witnessed a recovery in their manufacturing activities at varying speeds, Malaysia was one of the few to stage an expansion in June as domestic manufacturing continued to rebound after a major slump in the Purchasing Managers’ Index (PMI) in April.
