We wish to refer to the report in The Busy Weekly on 20 April 2019 which stated that the Malaysian Institute of Economic Research (MIER) would be discontinuing its work on the Business Conditions Index (BCI) and the Consumer Sentiments Index (CSI). MIER is in the process of revamping its research programme to suit current conditions of the economy and to generate ideas and proposals towards economic reform. In respect of the statement published in the said newspaper, we clarify that the BCI and CSI will be continued together with the Vistage-MIER CEO Confidence Index and the FMM-MIER Business Confidence Survey. All other sectoral surveys of the Institute on tourism, residential property, automotive and retail trade will be discontinued with effect from 2Q2019


Business Conditions Index




Remain in Contractionary Mode

  • BCI slides to 94.3 points
  • Sales fall off
  • Unexciting external orders
  • Local orders increased marginally
  • Expected production decline
  • Expected export sales tend to remain unchanged

Consumer Sentiments Index




Confidence Tapers Off

  • CSI slides further below confidence threshold
  • Current and expected finances lacklustre
  • Job outlook yawns
  • Anxiety over rising prices continues
  • Spending plans take a backseat

Malaysian Economic Outlook

The Malaysian economy is estimated to grow by 4.7% in 2018 pending the fourth quarter results. There are more data available pointing towards a moderation in growth for this year as we have projected earlier. The global economy continues to grow at a moderate pace amid a brittle demand and lessened trade flows. There are growing risks to the global growth tilted to the downside, predominantly due to factors related to trade policy uncertainty and weakening financial market sentiments. There are still lingering uncertainty in trade directions when the ceasefire on the US-China trade war ends on the 1st March 2019. The mounting trade tensions together with other emerging concerns, including slower growth than expected in emerging market economies and the US government shutdown, are causing instability in the financial market.


Newspaper Articles

Articles are in pdf format and are available for download.

Role of Technology in Competitive Market Environment
24 December 2018 - Samirul Ariff
The Edge
Maintaining our Economic Sovereignty
22 October 2018 - Samirul Ariff
The Edge
Adakah Malaysia Mengalami Penyahindustrian Pramatang?
9 Ogos 2018 - Dr Zulkipy Omar
Berita Harian
Is Globalisation a new form of Colonisation?
2 July 2018 - Samirul Ariff
The Edge
Understanding the Costs of Production and Doing Business
19 April 2018 - Samirul Ariff
The Edge
Inflasi Bukan Teras Mendominasi Kadar Inflasi 2017
20 Februari 2018 - Dr Zulkipy Omar
Berita Harian
Dasar Perlindungan dan Risiko Menurun Pertumbuhan Ekonomi
30 January 2018 - Dr Zulkipy Omar
Berita Harian
Bioekonomi Penjana Pertumbuhan Ekonomi
23 January 2018 - Dr Zulkipy Omar
Berita Harian
Peningkatan Nilai Ringgit
16 January 2018 - Dr Zulkipy Omar
Berita Harian

See the full list of newspaper articles here


MIER Presentations

Presentations are in pdf format and are available for download.

24th Corporate Economic Briefing: 16 April 2019

24th Corporate Economic Briefing
Emeritus Professor Datuk 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

26 - 27 November National Economic Outlook Conference 2020-2021
Click here for the full events page.

Highlighted Publications


Get the Flash Player to see this rotator.

Hit Counter

There has been 3833 total visitors
76 visitors today 25-May-2019
229 total visitors previously
Last visitor IP [175.137.240.132]
Date of last visit
[25-May-2019 @ 09:19]
Current visitor IP [18.234.88.196]

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

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