Southeast Asia's manufacturing sector ended a three-month slowdown in May as surging domestic demand offset weaker exports, S&P Global said. The regional manufacturing PMI rose to 51.5 in May from 50.7 in April, staying above the 50 expansion threshold. Robust new orders enabled firms to raise output. Vietnam led the region at 52.8, followed by Thailand at 52.6; the Philippines and Indonesia were also in expansion. Myanmar (49.3) and Malaysia (49.9) remained below the threshold. S&P Global Marke

Southeast Asia's manufacturing sector ended a three-month slowdown in May as surging domestic demand offset weaker exports, S&P Global said. The regional manufacturing PMI rose to 51.5 in May from 50.7 in April, staying above the 50 expansion threshold. Robust new orders enabled firms to raise output. Vietnam led the region at 52.8, followed by Thailand at 52.6; the Philippines and Indonesia were also in expansion. Myanmar (49.3) and Malaysia (49.9) remained below the threshold. S&P Global Markets Intelligence said firms increased purchasing but hiring remained cautious, with employment edging down in May.