What is MIER?

The Malaysian Institute of Economic Research (MIER) was incorporated as a company limited by guarantee on 30 December 1985 and began operation on 2 January 1986. MIER is an independent, private, non-profit organisation, devoted to economic, financial, and business research, that would serve as a thinktank for the government and the private sector. It was first mooted in the Prime Minister's Economic Panel and later promoted by the Council on Malaysian Invisible Trade (COMIT).

MIER was originally established to undertake independent and high-quality problem-oriented research on economic, financial and business issues facing the country. This goal has been stretched to cater for the research needs of countries outside Malaysia as well. In undertaking this task, MIER pursues the following objectives:

serve as a focal point for economic, financial and business research for the nation as well as the region;
undertake economic research projects commissioned by clients in the public and private sectors, both domestic and foreign;
collaborate with other research institutes at home and abroad;
publish and disseminate the results of its research work, and organise symposia and conferences to promote exchange of ideas and views; and
provide occasional training for officials from government agencies and private-sector organisations.

MIER is conceived as a world-class thinktank, Malaysia's centre of excellence for independent research on economic issues for the country and its links in the region. It is committed to serve the government and private sectors as well as the public at large by providing an objective and impartial understanding of socio-economic issues of national, regional and global importance.

MIER's long-term plans are deeply-rooted in two elements: (1) its dedication to economic research and training services; and (2) its perception of its role in the rapidly changing national, regional and international contexts. MIER is totally committed to sustain that dedication and to pursue that role. Plans are in place to expand MIER's outfit and outreach. By enlarging and enhancing its research capabilities and supporting infrastructure, MIER is determined to play an increasingly useful part in the economic growth and development of Malaysia.