Business Conf Index
PETALING JAYA: The Business Conditions Index (BCI) posted a robust recovery of 25.3 points in the fourth quarter of 2020, settling in expansion territory at 115.4 points, compared with 86.3 points in the third quarter.
According to the Malaysian Institute of Economic Research’s (MIER) business conditions survey report, the improvement in business sentiment was attributed to the impressive increase in sales, significant increase in domestic orders and export orders, remarkable rise in industrial production volume, slight increase in capital investment and capacity utilisation as well as slight improvement in employment conditions.
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