Manufacturers optimistic about 2023 outlook for output: S&P Global


KUALA LUMPUR: Malaysian manufacturers have expressed optimism about the outlook for output in the coming year, although the overall degree of sentiment waned to the softest since last October.

S&P Global said while many companies attributed optimism to hopes that national and international pandemic restrictions would lift and aid recovery in demand, other firms were concerned that the war in Ukraine would further exacerbate price and supply pressures and continue to hold back a strong improvement in operating conditions.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
S&P Global , Malaysia PMI , ASEAN , manufacturing

Next In Business News

SC appoints Ahmad Johan Mohammad Raslan as new AOB chairman
Master Tec’s TNB job value at RM142mil
Confidence booster
ES Sunlogy secures RM15mil job
Eco-Shop targets opening 90 stores in FY26
ICT Zone Asia gets RM28mil purchase order
Land acquisition deals positive for Sunway
Land sales to brighten SD Guthrie prospects
Destini appoints new managing director
Semico IPO oversubscribed by 28.09 times

Others Also Read