KUALA LUMPUR, Aug. 1 -- Malaysia's manufacturing sector moved closer to stabilisation in July as business conditions showed the softest deterioration in five months, according to the latest S&P Global PMI data.

The seasonally adjusted Malaysia Manufacturing PMI rose from 49.3 in June to 49.7 in July, signalling improving momentum despite remaining below the neutral 50.0 threshold.

New orders declined at the smallest rate in five months, driven partly by the first increase in export sales since November 2024.

Manufacturing production volumes softened at the mildest pace since February, reflecting the improved demand conditions.

"Malaysian manufacturers saw pressure on operating conditions soften at the start of the second half of 2025,...