Japanese firms' business confidence in M'sia drops in first half of 2019

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Japanese firms' business confidence in M'sia drops in first half of 2019
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However, they are expecting an improvement in the next six months.  

Business confidence in Malaysia among Japanese companies operating here continued to decline in the first half of 2019, but they expect the second half to be better.

"The electrical and electronics industry is impacted, including steel manufacturing. However, exports are still good," he told reporters at the business survey results presentation in Kuala Lumpur today. However, on future business plans in Malaysia, 35.4 percent of Japanese companies said they would expand their business, a 1.4-percentage point decline from the previous survey.

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