Business Conditions Index


  • Business Conditions Index rose 101.0 points against 86.4 points in the previous quarter
  • Healthy sales at start of the year
  • Growth in domestic and export orders
  • Business activity likely to accelerate in the next quarter

Consumer Sentiments Index


  • CSI plummets to its six-year low of 72.6
  • Current incomes trend lower
  • Financial and job outlook yawn
  • Inflationary worries moderating somewhat
  • Consumers to tighten purse strings

Malaysian Economic Outlook

The Malaysian economy performed exceptionally well last year, despite adverse external shocks and traumatic floods that occurred in the fourth quarter of 2014. The par excellence performance seemed like "divine coincidence", especially with real GDP growing right on the target of 6% per annum, as envisaged earlier in the Economic Transformation Program (ETP). Similarly, Federal overall fiscal deficit as a percentage of nominal GDP also hit the bull's eye, as if making a birdie, right at the 3.5% target, as committed earlier under the fiscal consolidation plan, thereby moving closer to reach the goal of a balanced-budget by the year 2020. Of greater significance, net current account of the balance of payments (NCAB) improved substantially last year, touching almost RM50 billion, boosted by a significant improvement in the external trade account. This helped to a large extent diminish earlier concerns, especially by foreign rating agencies, market analysts as well as non-resident investors about the likelihood of twin-deficit problem, which will undoubtedly take a while longer to materialise, although NCAB is undisputedly trending downward. While overall unemployment remained below 3% of the total labour force, indicating a full employment phenomenon, consumer headline inflation accelerated fast last year, touching 3.2% (2013: 2.1%), which was above the long-run average of 2.5%, on account of mostly policy-driven domestic cost-push factors.

Newspaper Articles

Articles are in pdf format and are available for download.

Di ambang negara berpendapatan tinggi - mengimbangi semula tumpuan pembangunan & pertumbuhan

15 July 2015 - Samirul Ariff bin Othman

Berita Harian

Ekonomi Domestik Pemacu Pertumbuhan Ekonomi Malaysia

8 July 2015 - Musalmah Johan

Berita Harian

Pembasmian Kemiskinan Perlu Dilihat Semula

24 June 2015 - Elayne Yee Siew Lin

Berita Harian

Mengkaji semula peranan Pertubuhan Perdagangan Antarabangsa (WTO)

17 June 2015 - Samirul Ariff bin Othman

Berita Harian

See the full list of newspaper articles here

MIER Presentations

Presentations are in pdf format and are available for download.

Corporate Economic Briefing: 22 April 2015

20th Corporate Economic Briefing
Emeritus Professor Dr Zakariah Abdul Rashid
Special Topic
Emeritus Professor 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

4 August Thirtieth National Economic Briefing
Parkroyal Kuala Lumpur
8 - 9 Sep 3rd ADB Asian Think Tank Development Forum
Pullman Putrajaya
20 Oct Press Conference on Quarterly Survey Results and Malaysian Economic Outlook Third Quarter 2015
MIER, JKR 505 Jalan Bukit Petaling, 50460 Kuala Lumpur
24 - 25 Nov National Economic Outlook Conference 2016-2017
Click here for the full events page.

Highlighted Publications

Get the Flash Player to see this rotator.

Hit Counter

There has been 10820 total visitors
77 visitors today 02-Aug-2015
132 total visitors previously
Last visitor IP []
Date of last visit
[02-Aug-2015 @ 14:17]
Current visitor IP []

MIER Membership

The Institute's fee-based membership is open to the public and private sectors. Corporate and Forecasting Members are eligible to receive the Institute's quarterly newsletter, purchase publications and participate in all paid conferences of the Institute at a discount, and attend workshops and public lectures organised by MIER. A distinguished category of the Institute's membership is that of the MIER Forecasting Club. Membership entitles the participation of not more than one (1) member in the annual National Economic Briefing without registration fees, in addition to enjoying all the benefits of corporate and forecasting members mentioned above.

Click here to download the corporate membership form.

Click here to download the forecasting membership form.

Publications form an important activity of MIER with its dual aims of publicising the work of MIER to the public and fellow researchers, and disseminating its research findings of the Institute. These publications are distributed among professional researchers and interested individuals and through exchange between MIER and other research institutes and libraries. They fall into the following categories: monthly reports, quarterly reports, discussion papers, conference proceedings, monographs and research reports.

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.

Click here for the Publication list
Click here for the Publication Order Form

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


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