Upgrade your membership plan for the full website experience.
View Membership Plans
July 31, 2023

Malaysia PMI constricted for 10th Consecutive Month

Authored by
stocks
stocks
July 31, 2023

In June, Malaysia’s seasonally adjusted S&P manufacturing purchasing manager’s index (PMI) recorded a reading of 47.7, a slight decrease from 47.8 in May. The reading indicates a tenth consecutive moderation in operating conditions, suggesting that weaker trends for manufacturing production and GDP were sustained throughout the second quarter of the year. According to S&P Global Market Intelligence, the weaker headline was in part due to a sustained slowdown in new order inflows, while production and demand were held back due to subdued business conditions in the Malaysian manufacturing sector and increasing inflationary pressures. 

Join the Council to continue reading this article
Enhance your business impact in Southeast Asia: Become a member of the US-ASEAN Business Council and tap into a network of possibilities.
Free Related Articles

Membership Plans

Corporate Council

Corporate membership provides general advocacy support, access to all country- and industry-specific updates, and access to most Council events.

  • Business missions to all 10 ASEAN markets which engage governments at the highest levels.
  • Off-the-record roundtables and policy briefings with senior government leaders in ASEAN and the U.S.
  • On-the-ground support for promoting your positions/policy priorities with policy makers.
  • Industry-specific, country-specific, cross-sector and regional advocacy through committees that target their engagement based on member priorities.
  • Advocacy on your behalf in situations where your company should not be directly identified or is unable to be present.

Chairman’s Council

Corporate membership provides general advocacy support, access to all country- and industry-specific updates, and access to most Council events.

  • All Corporate benefits.
  • Assistance with resolving company-specific trade or investment issues through our six regional offices and U.S.-based staff.
  • Develop effective advocacy strategies to impact policy concerns.
  • Identification of, and engagement with appropriate policy influencers to impact policy concerns.
  • Assistance in conducting follow-up after engaging government leaders (can include providing officials with additional materials, setting up meetings with their staff, getting a readout of the government’s reaction to the discussion).
  • Support for developing arguments that will resonate with target stakeholders.
  • Leading and setting the agenda and policy priorities of the Country and Industry Committees.