KUALA LUMPUR, Aug 25 — Business sentiment continued to be positive for the third quarter of 2022 with the confidence indicator of +4.7 per cent compared to +3.5 per cent in the previous quarter , according to the Department of Statistics Malaysia's latest business tendency statistics.
“Positive sentiment by all of the sub-sectors namely agriculture, mining, manufacturing and electricity and water induce to this better outlook,” DoSM said in a statement today. DoSM said that looking at the business prospect for the second half of 2022 , the outlook moderated with a net balance of +12.2 per cent from +25.0 per cent registered for the term of April until September 2022.
“All sub-sectors under the services sector anticipate positive outlook for the next six months where insurance, administrative and support services, as well as health sub-sectors, being the most optimistic sub-sectors,” it said.