新2正网代理开户www.hg108.vip)是一个开放皇冠正网即时比分、新2正网代理开户的平台。新2正网代理开户平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP,提供皇冠正网代理开户、皇冠正网会员开户业务。

KUALA LUMPUR: Slowing export growth and fears of a global recession are raising concern over softening demand in the country's electronics manufacturing sector.

There have been softer macro readings in recent data released by the National Statistics Department including lower year-on-year (y-o-y) manufacturing production growth of 6.5% in April, as compared with 6.9% in March.

On a monthly seasonally adjusted basis, manufacturing recorded a 0.3% y-o-y contraction.

According to Hong Leong Investment Bank (HLIB) Research, the moderation in manufacturing production mainly stemmed from the slowdown in the export-oriented sector, consistent with softer exports growth during the month.

"Weaker macro readings from IPI, manufacturing PMI, slower export growth to US and EU coupled with contraction in US consumer’s discretionary spending provide an indicator of slowing down for our electronics manufacturers," said HLIB.

,

新2手机网址www.hg108.vip)实时更新发布最新最快的新2手机网址、新2手机网址线路、新2手机网址登录网址、新2手机网址管理端、新2手机网址手机版登录网址、新2手机皇冠登录网址。

,

The research firm also noted US customers have cut back on discretionary spending, with retail sales in electronics and appliance stores in May contracting 1.8%.

HLIB downgraded its sector recommendation to "neutral". It maintained its buy call on top sector pick VS Industry Bhd (TP: RM1.14) and Uchi Technologies Bhd (TP: RM3.30) and reiterated "sell" on Panasonic Manufacturing Malaysia Bhd (TP: RM22.33).

On a brighter note, HLIB said there has been some improvement in the labour shortage situation, citing VS Industry's recent intake of 1,100 foreign workers following the reopening of borders.

HLIB is also optimistic Malaysia will continue to benefit from the US-China trade war as local manufacturers secure more outsourcing jobs.

"From our channel checks, our local EMS players have been getting requests for quotations buoyed by increasing order diversions," it said.


转载说明:本文转载自Sunbet。 Usdt自动充值接口声明:该文看法仅代表作者自己,与本平台无关。转载请注明:Concerns over economic slowdown weighs on electronics manufacturing
发布评论

分享到:

皇冠会员手机管理端(www.hg9988.vip):Ringgit opens weaker amid rate hike risks in Europe
你是第一个吃螃蟹的人
发表评论

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。