BUSINESS conditions took a dip in the third quarter on worries over escalating oil prices, a possible slowdown in economic growth in the United States and China, and a downturn in the global electronics cycle.
“The Malaysian economy is now at a juncture where it is starting to lose momentum. Both key economic indicators, namely exports and factory output, have recently hit a softer patch,'' Malaysian Institute of Economic Research (Mier) said in its latest business conditions survey report.