CEOs are increasingly apprehensive over the state of the Malaysian economy as escalating cases of Covid-19 infections and tightening of containment measures to curb the spread of the virus weigh heavily on their confidence and prospects of their firms going forward. Reflecting this is the Vistage-MIER CEO Confidence Index (CCI) which tumbled 40.6 points quarter-on-quarter to 64.8 in 3Q2021, the lowest reading since 3Q2020.
Notwithstanding the continued closure of international borders and restrictions on inter state travel to curb the spread of the Covid-19 pandemic, CEOs are looking more confident now than they did a year ago.
CEOs kicked off 2021 in better mood, but remained in trepidation, as indicated by the latest Vistage MIER CEO Confidence Index which rose 11.7 points on the quarter to 77.
CEOs are ending the year 2020 on a low note as the Covid-19 pandemic continues to impose unrelenting challenges on both the domestic and global economies, exerting incessant strain on businesses going forward.
CEOs have grown even more cautious lately as global and domestic economic uncertainties continued to cloud both consumer and business sentiments, slowing business trajectories from hiring to investment going forward.
2016 has been a challenging year for CEOs as lackluster global growth and geo-political developments impacted and will continue to pose downside risks to the Malaysian economy and their firms. Reflecting this is the latest Vistage-MIER CEO Confidence Index which, at 72.9, lost 5.3 points quarter-on-quarter, its twelfth consecutive stay below the 100-point threshold level of confidence. The lack of faith amongst the CEOs looks likely to continue into early 2017 as well, as CEOs brace for a more cautious and pragmatic outlook for their firms going forward.
2016 has been a challenging year for CEOs as lackluster global growth and geo-political developments impacted and will continue to pose downside risks to the Malaysian economy and their firms. Reflecting this is the latest Vistage-MIER CEO Confidence Index which, at 72.9, lost 5.3 points quarter-on-quarter, its twelfth consecutive stay below the 100-point threshold level of confidence. The lack of faith amongst the CEOs looks likely to continue into early 2017 as well, as CEOs brace for a more cautious and pragmatic outlook for their firms going forward.
2016 has been a challenging year for CEOs as lackluster global growth and geo-political developments impacted and will continue to pose downside risks to the Malaysian economy and their firms. Reflecting this is the latest Vistage-MIER CEO Confidence Index which, at 72.9, lost 5.3 points quarter-on-quarter, its twelfth consecutive stay below the 100-point threshold level of confidence. The lack of faith amongst the CEOs looks likely to continue into early 2017 as well, as CEOs brace for a more cautious and pragmatic outlook for their firms going forward.
Confidence among CEOs continued to be muted as fragility in the domestic and global economies remained unabated, clouding their business prospects going forward. Reflecting this is the Vistage-MIER CEO Confidence Index which stood at 65.3 points in 4Q2015, almost on par with the prior quarter’s 65.1 which was the lowest since 1Q2009.
