The RAM-CTOS Business Confidence Index showed that the improvement in sentiment was led by the positive outlook for sales and profitability.
PETALING JAYA: Negative chatter in the economy has not derailed the optimism of Malaysian businesses, according to a report, as firms’ confidence in the outlook increased for the second consecutive quarter.
The RAM-CTOS Business Confidence Index (BCI) rose to 54.8 in the second quarter of 2023 (2Q23) as compared to 51.4 in the previous quarter.
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