KUALA LUMPUR: The RAM-CTOS Business Confidence Index (BCI), which examines forward-looking business sentiment in Malaysia, rose to 53.4 in the first quarter of 2024 (1Q 2024), following two consecutive quarters of decline.
The positive score, which is above the neutral level of 50, delineating positive and negative sentiments, was recorded as compared to the downturn posted in 3Q 2023 at 50.4 and 4Q 2023 at 48.9, said RAM Holdings Bhd and CTOS Data Systems Sdn Bhd in a joint statement today.
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