Photo by Felipe Silva on Pexels.com
Malaysia’s Manufacturing PMI dropped to 48.8 in March from 49.7 in February, signaling a sharper contraction in the sector. New orders declined at the steepest rate, while output, employment, and inventory levels also weakened.
Business sentiment hit its lowest level since August 2023 due to uncertainty over demand recovery. The decline aligns with similar trends in Taiwan and South Korea, driven by global trade tensions.
The sector may remain weak in the coming months, impacted by the 24% reciprocal tariffs imposed by the US and tighter trade rules affecting regional economies like Vietnam, China, Taiwan, and South Korea. The extent of the slowdown will depend on how final demand adjusts to higher costs and prices.
Padini Holdings' shares decline due to a MACC investigation, creating uncertainty that affects investor sentiment…
AIA Vitality celebrates 10 years, reaching 391,000 members while driving healthier lifestyles through rewards, data…
Tan further underscored that the FWCMS has successfully operated across five different government administrations, a…
WRP’s closure provides a blueprint for risk management for interconnected sectors
ViTrox beats forecasts with strong 1QFY26, AI-driven demand, China expansion plans, and robust order backlog…
Overall, investor strategy is likely to remain selective, favouring stability and earnings visibility over high-risk…
This website uses cookies.