Business conditions in manufacturing remain challenging | The Malaysian Insight

Survey data points to an increasingly tough environment in recent months, but improved sales to existing customers contributed to a rise in the new orders index. – AFP file pic, October 1, 2019.

BUSINESS conditions in Malaysia’s manufacturing sector remained challenging in September despite the four-month high purchasing managers’ index of 47.9 last month versus the 47.4 recorded in August. At the current level, the PMI is broadly indicative of annual gross domestic product growth of between 4.5% and 5%, according to historical comparisons, IHS Markit Ltd said in a statement today.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Housing remains the best business in Malaysia — Saleh Mohammed | Malay MailSEPTEMBER 29 — I can accept if they say the national debt is RM1 trillion after considering contingent liabilities. But to say the value of unsold units in the high-end housing market is now worth RM100 billion is something else. And to organise a house ownership campaign (HOC) campaign in China...
Source: malaymail - 🏆 1. / 86 Read more »