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Malaysian manufacturing downturn worsens further in May: Nikkei PMI

New orders fall for the 15th straight month, producers trim back further on purchasing activity

Kuala Lumpur

THE slump in Malaysian manufacturing continued to deteriorate in May with production and new orders decreasing at a significant pace, and prompting producers to cut back on purchasing activity for the 12th month running, according to the Nikkei Purchasing Managers' Index (PMI

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