Manufacturing

It posted a moderate expansion at 50.1.

Output in the marine & offshore engineering segment increased by 44%.

Excluding biomedical manufacturing, output grew 4.2% YoY.

However, output fell by 8.5%.MoM.

Rising operation costs might drag the sector down, according to RHB.

The top sector's reading jumped to 52.8 in Q2 from 50.9 in Q1.

Both countries produce materials used in semiconductor production.

The subsidiary will serve as the US sales and distribution office.

Frencken posted a net cash position of $72.8m as of March 2022.

The electronics industry posted a strong performance last month.

Cooling global trade demand and higher supply costs are the cause of the slowdown.

In Q1, growth was at a +7.9% pace. 

The loan will support a natural rubber processing business.

Chemicals and biomedical manufacturing saw slight dip this May.

The reopening of borders will help sustain the overall manufacturing momentum.

Without biomedical manufacturing output, it grew by 18%.