Manufacturers buoyed by higher export numbers


MIDF Research said the sustained exports in July point to better external trade performance for Malaysia in the second half of 2024.

PETALING JAYA: Malaysia’s manufacturing sectors faced lower domestic demand but higher exports in July, according to the S&P Global manufacturing purchasing managers index (PMI).

The PMI fell to 49.7 in July, against the June reading of 49.9, and remained below the neutral level for the second straight month.

Celebrate Merdeka with 50% Off!
T&C applies.

Monthly Plan

RM13.90/month
RM6.95 only

Billed as RM6.95 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM6.17/month

Billed as RM78 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Generali Malaysia expands with new Penang branch
Asia shares slip, but US and EU futures find a bid
Wholesale and retail trade sales rise 6.7% to RM149bil in July 2024
Proton's CKD exports to Egypt expected to contribute RM570mil by 2026, says Miti
Anwar unveils Pikas 2030 to strengthen governance in public-private partnerships
Binastra bags RM574.4mil contract for construction of Bukit Jalil data centre
99 Speed Mart weighs SEA expansion plans
Eversendai announces new contracts valued at RM1.1bil
KLCI ekes out slight gains amid weak broader market
Mini-mart King hits billionaire status in Malaysia’s hot IPO market

Others Also Read