Business Conditions Index


IN CONTRACTIONARY MODE

  • BCI gains 7.2 points q-o-q, but loses 58.7 points y-o-y
  • Higher sales, domestic orders, expected production and expected export sales
  • Lower output, export orders and capacity utilisation
  • Fewer hirings, wage pressures rise

Consumer Sentiments Index


PRE-RECESSION BLUES?

  • CSI up 7.5 points q-o-q, but down 36.5 points y-o-y
  • Households' current income deteriorates
  • Financial and job outlook tame
  • Inflationary jitters subside
  • Consumers reigning in spending plans

Malaysian Economic Outlook

The global growth prospects are reviewed almost every month in reaction to the release of grim data. Both the World Bank and the IMF are projecting the world economy to slide into a deeper recession in 2009. The US Federal Reserve stated that until the financial sector malaise is resolved, it is unlikely that the US economy will show improvement. In Mar'08, the IMF has slashed its global growth forecast to between -0.5 to -1.0 per cent in 2009 ('08: 3.7%), from +0.5 per cent in its Jan'09 projections. The latest revision projects the three major economies of US, Europe and Japan falling into deeper recessions in 2009. Japan is foreseen to contract the most (-5.8%) in 2009, trailed by Europe (-3.2%), and the US (-2.6%). The IMF projects the world economy to recover to around 1.5-2.5 per cent growth in 2010, with the US recording a meagre 0.2 per cent growth in 2010.

Newspaper Articles

Articles are in pdf format and are available for download.

Optimism in Times of Sluggish Recoveries
15 June 2009 - Shankaran Nambiar
Services The Next Growth Engine?
1 June 2009 - Quah Boon Huat
The Merits of E-Tourism
11 May 2009 - Musalmah Johan
Deindustrialising For The Wrong Reasons?
20 April 2009 - Quah Boon Huat
Effects of Global Financial Crisis
30 March 2009 - Dr Foong Kee Kuan
Malaysia's economic stimulus package: not aggressive enough?
2 February 2009 - Quah Boon Huat
Inflated Food Prices - Has the Bubble Burst
5 January 2009 - Samirul Ariff bin Othman
International Reserves: The More, The Better?
22 December 2008 - Quah Boon Huat
Spillovers From The Financial Crisis
9 December 2008 - Dr Shankaran Nambiar
Banking Efficiency
24 November 2008 - Dr Foong Kee Kuan
Tougher Times Ahead For The US And The World Economy
10 November 2008 - Emeritus Professor Datuk Dr Mohammed Ariff
Fallout from US Meltdown
29 September 2008 - Emeritus Professor Datuk Dr Mohammed Ariff
Bracing For A Fallout
11 August 2008 - Shankaran Nambiar
Pushing Tourism to The Forefront
28 July 2008 - Elayne Yee

See the full list of newspaper articles here

MIER Presentations

Presentations are in pdf format and are available for download.

Corporate Economic Briefing: 15 April 2009

Fourteenth Corporate Economic Briefing
Emeritus Professor Datuk Dr Mohamed Ariff

See the full list of our presentations here

The Malaysian Institute of Economic Research (MIER) undertakes independent and high quality problem-oriented research on economic, financial and business issues facing the country and provides advice on macroeconomic management, development and future economic perspectives.... Read more

16 July Twenty-fourth National Economic Briefing
20 July Regional Corporate Economic Briefing (Kuching, Sarawak)
21 July Regional Corporate Economic Briefing (Kota Kinabalu, Sabah)
1-2 Dec National Economic Outlook Conference 2010-2011
Click here for the full events page.

Highlighted Publications


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Available publications published by the Institute since 1986 are listed in a brochure, which is updated bi-annually and circulated widely. Copies of these publications are sold during various conferences and seminars organised by MIER as well as through subscription sales and appointed distributors.

Quarterly Reports

The Survey of Business Conditions and the Survey of Consumer Sentiments are regular publications, which are released quarterly and are available on a subscription basis. The Malaysian Economic Outlook is published twice a year in June and December with two supplements in April and October. The December issue presents the new two-year forecasts, which are revised in the subsequent issues. The December issue also includes the annual revision of the long-range forecast of the Malaysian economy.... Read more

Miscellaneous

Welcome to the new MIER website, launched on the 1st of April 2009. There still may be slight errors in this site but we will be updating regularly. We hope this website will allow us to provide the public with more news and views from MIER. Please email Kala if you have any suggestions about this website. Thank you. ... Read more