Optimism is a big influence on economic activity. When businesses and consumers feel good and expect prospects to improve, they will likely invest and spend more. Its’ such activity that has a big influence on GDP growth.
But now, businesses and consumers are not feeling perky. Dun & Bradstreet (D&B) Malaysia in a release this week says business confidence has taken a knock. There are a number of reasons why businesses are not optimistic about current and future prospects.
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