Business Conditions Index




BCI TAKES ANOTHER KNOCK

  • BCI slides further to 92.0 points
  • Sales performance deteriorates
  • Sluggishness in domestic orders
  • Fewer increases in export orders

Consumer Sentiments Index




A VOTE OF NO CONFIDENCE

  • CSI falls below 100-point threshold in almost five years to 82.4 points
  • Current household income deteriorates
  • Abating job prospects cloud financial expectations
  • Inflationary jitters soar
  • Prudent consumer spending on the cards

Malaysian Economic Outlook


Empirical studies show that budget deficit and fiscal indiscipline ultimately affect macroeconomic performance, particularly inflation. This phenomenon has been so clearly evidenced in Malaysia, whereby long-delayed fiscal deficit corrective measures, although are undeniably necessary, but is now being implemented in a chained manner, one after another akin to shock therapy, resulted in overshooting of consumer prices and rising cost of living. With expectations that other measures are also in the pipeline, coupled with almost across-the-board ringgit depreciation and rising wages, the inflation genie is clearly rearing its ugly head again and could turn bigger this time around, fuelled simultaneously by both cost-push and demand-pull factors, creating an almost a perfect scenario for persistently high inflation, not yet accustomed to members of the public or rakyat in Malaysia. Inflation is expected to be higher this year and also next year (2015), on account of mostly policy-driven arising from fiscal structural adjustment measures through subsidy rationalization and broadening of the tax base by implementing goods and services tax (GST), effective on 1 April 2015. Minimum wage policy and currency depreciation, aimed at boosting exports and avoiding shrinking current account surplus provide additional sparks for rising prices and cost of living in the country.



Newspaper Articles

Articles are in pdf format and are available for download.

Plugging into the Global Grid & A Tale of Two Trade Agreements - RCEP & TPP
23 September 2013 - Samirul Ariff bin Othman
TheEdge
Hate it or love it, minimum wage is good
21 May 2012 - Quah Boon Huat
TheEdge
Made In China: Much Ado About Nothing?
7 May 2012 - Samirul Ariff bin Othman
TheEdge
What has our grandchildren got to do with corruption?
17 December 2011 - Quah Boon Huat
StarBizWeek

See the full list of newspaper articles here


MIER Presentations

Presentations are in pdf format and are available for download.

National Economic Outlook Conference 2013-2014

Malaysian Economic Outlook
Dr Zakariah Abdul Rashid

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

24 April Nineteenth Corporate Economic Briefing
Parkroyal Kuala Lumpur
April Regional Corporate Economic Briefing
Kuching, Sarawak (Tentative)
April Regional Corporate Economic Briefing
Kota Kinabalu, Sabah (Tentative)
22 July Twenty-nineth National Economic Briefing
Parkroyal Kuala Lumpur
(Tentative as it falls on fasting month)
September Annual Gala Dinner
Official Opening
Public Seminar
Kuala Lumpur Convention Center (Tentative)
21 October Press Conference on Quarterly Survey Results and Malaysian Economic Outlook Third Quarter 2014
MIER, Level 2, Podium City Point, Kompleks Dayabumi
25 - 26 November National Economic Outlook Conference 2015-2016
Hilton Kuala Lumpur
Click here for the full events page.

Highlighted Publications


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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