Malaysia’s Manufacturing PMI Falls to 49.5 in October, Lowest in Four Months — S&P Global
Malaysian SMEs continue to face mounting pressure from rising operational costs, tighter margins, and increasing competition from both local and foreign players. Many businesses are operating in “survival mode” as economic challenges persist.
Industry experts highlight that inflation, regulatory changes, and labour shortages are key concerns affecting SMEs. At the same time, competition from foreign firms leveraging digital platforms is intensifying.
Despite these challenges, SMEs remain cautiously optimistic, focusing on efficiency improvements and digital adoption to stay competitive in a rapidly evolving market environment.
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