RAM-CTOS: Malaysia's business sentiments turn positive in 1Q24

  • 📰 staronline
  • ⏱ Reading Time:
  • 39 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 75%

Economy Nieuws

Business Confidence Index,RAM Holdings Bhd,CTOS Data Systems

KUALA LUMPUR: Universiti Teknologi Petronas (UTP) has demonstrated exceptional progress in the Quacquarelli Symonds (QS) World University Rankings by Subject 2024, achieving significant strides across the board.

KUALA LUMPUR: The RAM-CTOS Business Confidence Index , which examines forward-looking business sentiment in Malaysia, rose to 53.4 in the first quarter of 2024 , following two consecutive quarters of decline.

Commenting on the improved sentiment, RAM Holdings Bhd group chief executive officer and executive director Chris W K Lee said the latest BCI readings coincided with the recent uptick in macroeconomic and trade data, signalling that the Malaysian economy is poised for higher growth this year. "By prioritising prudent credit assessments and fostering healthy financial relationships, small and medium enterprises can fortify their positions in the market and capitalise on the emerging economic upswing,” he said.

"Growing competition, which is the other top challenge cited by over 60 per cent of firms surveyed, could also limit their ability to fully pass on costs, thereby crimping profitability despite higher sales prospects,” said RAM and CTOS.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 4. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

RAM-CTOS: Malaysia’s business sentiments turn positive in first quarter of 2024KUALA LUMPUR, April 9 — 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...
Bron: malaymail - 🏆 1. / 86 Lees verder »