Malaysia’s manufacturing sector returned to expansion in October, with the S&P Global PMI climbing to 51, its strongest reading since April. New orders surged at one of their fastest rates in four and a half years on the back of resilient export demand, yet manufacturers' business confidence dropped to a six-month low.
Jacob Lee Chor Kok, President of the Federation of Malaysian Manufacturing (FMM), joins The Morning Run to unpack this disconnect.
He explains how the rebound is concentrated in AI-linked sectors such as electrical and electronics (E&E) and semiconductors, while traditional industries like textiles, furniture, and food processing grapple with squeezed margins and regional competition.
He also breaks down why persistent supply chain disruptions and geopolitical fallout in West Asia are forcing factories to abandon "just-in-time" supply chains for a "just-in-case" inventory approach.
The Morning Brief is brought to you by CIMB Private Wealth. Move your wealth forward with personalised wealth advisory and priority access to investment opportunities.
Podden och tillhörande omslagsbild på den här sidan tillhör
BFM Media. Innehållet i podden är skapat av BFM Media och inte av,
eller tillsammans med, Poddtoppen.
