Southeast Asia PMI Driven by Domestic Demand -- Market Talk

Dow Jones

12/01

0924 GMT - Southeast Asia's manufacturing activity is likely driven by domestic demand, Miguel Chanco of Pantheon Macroeconomics writes in a note. The latest S&P PMI data showed broad-based regional momentum, with Asean's PMI hitting a more-than three-year high, Chanco writes. However, the new export orders sub-index returned to contractionary territory after two consecutive months of minimal gains, contradicting the rising trend for total new orders, Chanco notes. Thailand's gauge also appears to be detached from its real economy's continuing struggles, with its PMI indicating further manufacturing expansion, Chanco says. Business sentiment remained positive in Thailand "amid hopes that business expansion plans and improvements in economic conditions will support higher sales in the year ahead," says S&P Global. (kimberley.kao@wsj.com)

(END) Dow Jones Newswires

December 01, 2025 04:24 ET (09:24 GMT)

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The latest S&amp;P PMI data showed broad-based regional momentum, with Asean's PMI hitting a more-than three-year high, Chanco writes. However, the new export orders sub-index returned to contractionary territory after two consecutive months of minimal gains, contradicting the rising trend for total new orders, Chanco notes. Thailand's gauge also appears to be detached from its real economy's continuing struggles, with its PMI indicating further manufacturing expansion, Chanco says. Business sentiment remained positive in Thailand \"amid hopes that business expansion plans and improvements in economic conditions will support higher sales in the year ahead,\" says S&amp;P Global. 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The latest S&amp;P PMI data showed broad-based regional momentum, with Asean's PMI hitting a more-than three-year high, Chanco writes. However, the new export orders sub-index returned to contractionary territory after two consecutive months of minimal gains, contradicting the rising trend for total new orders, Chanco notes. Thailand's gauge also appears to be detached from its real economy's continuing struggles, with its PMI indicating further manufacturing expansion, Chanco says. Business sentiment remained positive in Thailand \"amid hopes that business expansion plans and improvements in economic conditions will support higher sales in the year ahead,\" says S&amp;P Global. (kimberley.kao@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 01, 2025 04:24 ET (09:24 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PMI","symbol_name":"Picard Medical, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2588723355","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588723355","pubTimestamp":1764581040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0924 GMT - Southeast Asia's manufacturing activity is likely driven by domestic demand, Miguel Chanco of Pantheon Macroeconomics writes in a note. The latest S&P PMI data showed broad-based regional momentum, with Asean's PMI hitting a more-than three-year high, Chanco writes. However, the new export orders sub-index returned to contractionary territory after two consecutive months of minimal gains, contradicting the rising trend for total new orders, Chanco notes. Thailand's gauge also appears to be detached from its real economy's continuing struggles, with its PMI indicating further manufacturing expansion, Chanco says. Business sentiment remained positive in Thailand \"amid hopes that business expansion plans and improvements in economic conditions will support higher sales in the year ahead,\" says S&P Global. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PMI":"Picard Medical, Inc.","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","LU0545562505.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC","LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","BK4082":"医疗保健设备"},"translate_title":"内需驱动的东南亚PMI--市场谈","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PMI":1.5},"content_text":"0924 GMT - Southeast Asia's manufacturing activity is likely driven by domestic demand, Miguel Chanco of Pantheon Macroeconomics writes in a note. The latest S&P PMI data showed broad-based regional momentum, with Asean's PMI hitting a more-than three-year high, Chanco writes. However, the new export orders sub-index returned to contractionary territory after two consecutive months of minimal gains, contradicting the rising trend for total new orders, Chanco notes. Thailand's gauge also appears to be detached from its real economy's continuing struggles, with its PMI indicating further manufacturing expansion, Chanco says. Business sentiment remained positive in Thailand \"amid hopes that business expansion plans and improvements in economic conditions will support higher sales in the year ahead,\" says S&P Global. (kimberley.kao@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 01, 2025 04:24 ET (09:24 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}