FMM President Tan Sri Dato’ Soh Thian Lai chaired a press conference on March 5, 2025 to release the results of the FMM Business Conditions Survey 2H2024. FMM President was joined by FMM Vice Presidents, FMM CEO, FMM DCEOs and FMM Research Unit Director of Research.
The FMM Business Conditions Survey 2H2024 revealed that Malaysian manufacturing sector demonstrated steady momentum, with business conditions, sales and production strengthening amid high costs. Sustained capital investment and steady employment levels underscore a strategic, long-term confidence, as manufacturers navigate an evolving economic landscape with a balanced approach to growth and risk management.
Looking ahead to the first half of 2025, the manufacturing sector is expected to prioritise efficiency over aggressive growth, focusing on stability amid global economic uncertainties. While employment remains stable and investment sentiment is steady, rising costs and external risks may temper business expansion. The sector is moving toward gradual recovery, but caution remains a defining factor in strategic planning.