Global and domestic challenging headwinds continue to weigh on Malaysia’s economic growth, undermining business confidence. Reflecting this is the VISTAGE-MIER CEO Confidence Index which fell below the 100-point confidence threshold to 95.8 in 4Q2018, its lowest level for the whole of 2018. This shows CEOs’ lack of confidence with the current state of the domestic economy and their cautiousness in the prospects of their firms going forward.

The current economic conditions index lost 27 points from 3Q2018 to 107 in 4Q2018. Only 14% of the 627 respondents believed that the economy has improved recently, compared to 25% last quarter and 16% a year ago. 52%, however, opined that the economy has remained resilient to date, while 34% said it has worsened. The index for expected economic conditions, at 113, fared better than 4Q2017’s 98, indicating that the economy is expected to hold up fairly well in the near term.

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Q4 2018 CEO Confidence Index Report

Q3 2018 CEO Confidence Index Report

Q2 2018 CEO Confidence Index Report

Q1 2018 CEO Confidence Index Report