皇冠信用网
热门标签

皇冠现金网(www.hg108.vip):Concerns over economic slowdown weighs on electronics manufacturing

时间:4周前   阅读:18   评论:1

免费足球预测www.hgbbs.vip)是国内最权威的足球赛事报道、预测平台。免费提供赛事直播,免费足球贴士,免费足球推介,免费专家贴士,免费足球推荐,最专业的免费足球预测网。

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.

,

皇冠现金网www.hg108.vip)是一个开放皇冠正网即时比分、皇冠现金网开户的平台。皇冠现金网开户平台(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,提供皇冠信用网代理开户、皇冠信用网会员开户业务。

,

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。

上一篇:Telegram大的群 --(www.tg888.vip)

下一篇:Telegram好玩的bot:校界白武士 朱子颖

网友评论