We extend our warmest congratulations to the manufacturing sector across the ASEAN region on the outstanding achievement of reaching a record-high ASEAN Manufacturing Purchasing Managers’ Index (PMI) of 53.8 in February 2026, driven by strong new orders and robust output.
This remarkable performance — as reported by S&P Global — reflects the resilience, agility and competitiveness of ASEAN’s industrial base in the face of evolving global economic dynamics. A PMI reading above 50 signals expansionary momentum, and 53.8 stands as a testament to the hard work of manufacturers, supply chain partners, policymakers and workforce talent throughout the region.
A Milestone of Regional Collaboration and Growth
We congratulate:
- Manufacturers and industry leaders for driving innovation, quality and productivity;
- Small and medium-sized enterprises pushing forward with confidence and ingenuity;
- ASEAN policymakers and trade facilitators whose supportive frameworks have helped enhance manufacturing competitiveness;
- Workers at every level whose dedication fuels these gains.
This record PMI underscores ASEAN’s growing significance as a global manufacturing hub, capable of delivering value-added goods while strengthening regional supply chains and meeting rising demand in international markets.
Strategic Implications
A sustained expansion in manufacturing:
- Reinforces investor confidence and attracts capital into the region;
- Supports job creation and human capital development;
- Boosts intra-ASEAN trade and participation in global value chains;
- Enhances technological innovation and digital integration across production networks.
Looking Ahead
We celebrate this achievement as more than a statistical milestone — it represents the collective spirit of ASEAN’s industrial ecosystem and its potential to deliver shared prosperity. As we build upon this momentum, we reaffirm our commitment to:
- Advancing policy coherence and industrial innovation;
- Deepening regional integration in manufacturing and trade;
- Empowering businesses to embrace sustainability, digitalisation and future-ready capabilities.
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“The record-high ASEAN Manufacturing PMI of 53.8 is a powerful indicator of our region’s economic vitality. It underscores ASEAN’s ability to innovate, adapt and lead in a globally competitive environment. Congratulations to all stakeholders whose vision and effort have made this achievement possible.”
