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Malaysia’s August manufacturing PMI rises to 43.4

KUALA LUMPUR, Sept. 1 (Xinhua) — The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI), a composite single-figure indicator of manufacturing performance, rose to 43.4 in August from 40.1 in July, indicating the Malaysian manufacturing sector remained weak, albeit with the downturn moderating compared to July.

Malaysian businesses reported sustained reductions in both production levels