Malaysia’s industrial production may have risen 2.3% in September

As the country’s strong commodities have offset the poorer performance of its electronics sector.

According to Standard Chartered, sectors linked to commodities, such as petroleum and rubber should continue to do well, having contributed about 90% of manufacturing-sector growth in August.

Here’s more from Standard Chartered:

We expect industrial production to have risen 2.3% y/y, following the higher than expected 3% y/y print in August. The IP performance profile should mirror that of the export sector, where commodities have offset the poorer performance of the electronics sector. Within manufacturing, sectors linked to commodities, such as petroleum and rubber, should continue to do well. Indeed, these sectors contributed to about 90% of manufacturing-sector growth in August.

Meanwhile, oil production appears to have improved after a poor H1, expanding m/m since June. Further expansion on this front should support another positive m/m print in the mining sector.

On balance, IP appears to be softening owing to external market weakness, but support from commodity-linked sectors is limiting the downside for now.

Follow the link for more news on

Also Read

2024 Policy Address: Hong Kong cuts tax on liquor priced above $200 to 10% to boost trade

HK leads in business confidence index in GBA

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit