The slower business activity for Malaysian manufacturers in the second half of last year will most likely translate to a cautious outlook for the first half of 2016.

But this does not mean that all is lost, said Federation of Malaysian Manufacturers president Saw Choo Boon.

In a press conference at FMM-MIER’s business conditions survey for the second half of 2015, Saw told the media present not to only paint the “doom and gloom”.