Kuala Lumpur, 10 July 2026 – Apex Securities has maintained its 2026 manufacturing growth forecast at 4.5%, expecting production momentum to moderate in the second half of the year as stockpiling activity unwinds and the high base from last year’s strong performance begins to weigh on growth comparisons.

The brokerage said manufacturing production has expanded by a robust 6.4% year-to-date, but it remains cautious on the outlook for the second half of 2026.

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Bernard Lee

Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.