Manufacturing likely to remain under pressure


CLICK TO ENLARGECLICK TO ENLARGE

PETALING JAYA: The country’s manufacturing sector is expected to remain under pressure through the second half of 2021 (H2’21) due to uncertainties arising from the high number of Covid-19 cases and the movement restriction measures.

The headline IHS Markit Malaysia manufacturing Purchasing Managers’ Index (PMI) remained in the contraction region of below 50 for the third consecutive month in August, with a reading of 43.4 points, an improvement from 40.1 points in July.

Get 30% off with our ads free Premium Plan

Monthly Plan

RM9.73/month

Annual Plan

RM8.63/month

Billed as RM103.60/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

CIMB’s succession planning coming into sharp focus
Setting an upbeat tone
Sime Darby Property banking on good prospects continuing
Strong earnings visibility for Matrix Concepts
Japan takes Taiwan’s helping hand in chip ops
Quebec pension hit with real estate loss as ‘hostile’ market persists
TRX takes the spotlight
Central Europe shoppers still shell-shocked
UMWT to drive green mobility growth
Soul-searching for ringgit solutions

Others Also Read