DOSM: Business positive on Q2 prospects but remain cautious

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DOSM: Business positive on Q2 prospects but remain cautious
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Except for construction, all sectors surveyed anticipated better business conditions in Q2 2022. theSun theSundaily business construction news economy

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: Businesses remain positive about their prospects for the second quarter of 2022 as well as for the six-month period to September 2022, according to the Department of Statistics Malaysia’s latest business tendency statistics.

Based on the quarterly business tendency survey, brighter sentiment in both the wholesale trade subsector as well as retail trade subsector led to this improvement. The agriculture and mining subsectors, in particular, anticipated unfavourable business conditions in Q2, Mohd Uzir said.

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