Malaysia business confidence soars despite second monthly fall in factory output | Malay Mail

The optimism defied Malaysia’s second monthly fall in Nikkei’s Purchasing Managers Index to 47.8 last month, down from 48.8 in May. — Picture by Ahmad Zamzahuri

The optimism defied Malaysia’s second monthly fall in Nikkei’s Purchasing Managers Index to 47.8 last month, down from 48.8 in May.Chris Williamson, chief business economist at IHS Markit that compiled the data, said the decline in the PMI indicated continuing headwinds for manufacturing as a result of slowing global trade.

“Encouragingly, manufacturers continued to see signs that the business outlook is brightening,” he said in the monthly report.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nationalistic landmines aside, analysts say Malaysia Airlines-SIA makes business sense | Malay MailKUALA LUMPUR, June 29 — The wide-ranging partnership between national carrier Malaysia Airlines and southern neighbour Singapore Airlines (SIA) which was announced last Thursday could lead to a potential merger, analysts observed. A merger, which would blur the national identity between the two... Merger What could MAS offer to one of the world’s best airlines Teach them how to make losses? How to enrich crony suppliers? How to behave like a charity? How to leech off the taxpayers? SIA better off having alliances elsewhere. MAS needs to shut down.
Source: malaymail - 🏆 1. / 86 Read more »