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The manufacturing sector in Malaysia continued to contract in April, albeit at a slower rate, the latest survey from Nikkei revealed on Thursday with a manufacturing PMI score of 49.4.
That's up from 47.2 in March, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.
Individually, output and new order indices climbed higher amid export gains.
Business confidence hit a five-and-a-half-year high, while employment growth hit a seven-month high as investment into new machinery and plant expansions reportedly prompted greater recruitment.
