The Business Conditions Survey was first mounted in the second quarter of 1987 to provide input for the Institute's economic forecasting activity. It is conducted on a quarterly basis to assist in assessing the short-term outlook for the economy..... Read more
Business Conditions Index
- Business confidence appears dented following the Ringgit depreciation and falling of oil prices
- Slow down in most manufacturing activities
- Higher inventories
- Local sales prices likely to rise in the next quarter
- Lower business sentiment may extend onto the the next quarter
Consumer Sentiments Index
- CSI plummets 15 points q-o-q to 83
- Current incomes losing ground
- Growing concerns over near-term finances and hirings
- Uptrend in prices expected to continue
- Pre-GST shopping plans in the pipeline
Malaysian Economic Outlook
Looking back, we were very fortunate that external shocks occurred mainly in the fourth quarter of 2014. Commodity export prices were falling, especially crude oil, while the ringgit exchange rate depreciated across- the-board against currencies of Malaysia's major trading partners, most notably against the US dollar, Chinese Yuan, Thai Baht and Singapore dollar as well. While short-term demand imbalances (weak demand and excess supply) in the world oil market explained to a large extent the plunging crude oil prices, portfolio re-allocation by foreign investors and acquisition of foreign portfolio assets by local institutional investors, taking advantage the strengthening of the US economy and expectations of higher real interest rates were seen as the major contributory factors to depreciating ringgit. As a matter of fact, foreign investors were reallocating their portfolio towards dollar-denominated assets, shifting out of commodity-based contracts, while local firms were adjusting to a higher interest rate environment. In the oil industry, oil firms are pumping more today, revising downward their outlays for investment, while traders are cutting down on their inventories, as carrying costs are expected to rise with anticipated higher interest rate environment. Apart from these sudden economic clouds, heavy rains and severe flooding also occurred in late December 2014, affecting many states in both Peninsular Malaysia and in Sabah as well. Fortunately, Malaysia has more or less escaped the El- Nino phenomenon, which was predicted to happen in 2014.
Articles are in pdf format and are available for download.
|The Need For Fiscal Reforms|
14 September 2009 - Emeritus Professor Datuk Dr Mohammed Ariff
|Time for East Asia to Rethink Its Growth Strategy|
10 September 2009 - Emeritus Professor Datuk Dr Mohammed Ariff
New Straits Times
|The Overblown China Factor|
19 August 2009 - Emeritus Professor Datuk Dr Mohammed Ariff
New Straits Times
See the full list of newspaper articles here
Presentations are in pdf format and are available for download.
Survey Results and Malaysian Economic Outlook Fourth Quarter 2014 : 28 January 2015
Press Conference on Quarterly Survey Results and Malaysian Economic Outlook Fourth Quarter 2014
Emeritus Prof 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
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Department of Statistics, Malaysia (DOS)
Economic Planning Unit (EPU)
Ministry of International Trade & Industry Malaysia (MITI)
Securities Commission Malaysia (SC)
Ministry of Finance, Malaysia
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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.
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