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Malaysian Manufacturers See Positive Second Half for 2017

31 Jul Malaysian Manufacturers See Positive Second Half for 2017

MALAYSIAN manufacturers are expecting a stronger business outlook for the second half of this year than the first half of 2017, with better local sales and exports, the Federation of Malaysian Manufacturers said. The optimism comes from a stronger performance in the sector for the first six months of the year, compared to the corresponding period of 2016.

“The business outlook recorded an increase in index value by nine points; while local sales and exports increased by two points and 7.6 points respectively,” said FMM president Dr Lim Wee Chai.

Manufacturing sales were up 13.8%(RM247 billion) in the first quarter of this year compared to the same period last year (RM217 billion), according to the Statistics Department.  More Source FMM Website : http://www.fmm.org.my