KUALA LUMPUR: The latest RAM Business Confidence Index (RAM BCI) revealed a slight moderation in firms’ sentiment on business performance and demand prospects in the next six months due to the escalating trade wars and the transitional period of the sales and services tax (SST).
The survey said that corporate index stood at 55.7 while the small and medium enterprises (SMEs) index came in at 53.5 – an improvement, but lagging behind its corporate counterpart.
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