Malaysia's business confidence easing, says Stats Dept | The Malaysian Insight

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Malaysia's business confidence easing, says Stats Dept

Hiring trends are positive, with 8.5% of establishments intending to increase their workforce, while 5% expect to reduce the number of employees. – The Malaysian Insight file pic, February 28, 2019.

MALAYSIA’S business confidence in the first quarter of 2019 softened, with the confidence indicator easing -2.2% after increasing 7.1% in the fourth quarter of 2018. The Statistics Department said industry, construction, and wholesale and retail trade sectors expected their business situation to decline in the first quarter, with confidence indicators of -3.6%, -18.9% and -8.2%, respectively.

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