by NUR HANANI AZMAN / Pic by MUHD AMIN NAHARUL
Read the original article here: Manufacturers regain confidence on economic recovery, says MIER (themalaysianreserve.com)
BUSINESS Conditions Index (BCI) for the fourth quarter of 2021 (4Q21) indicates that manufacturers have begun to regain confidence, said The Malaysian Institute of Economic Research (MIER).
According to the research outfit, the 4Q21 index showed a positive outlook, rising by 25 points to settle at 122, well above the 100-point threshold. The index increased by 6.6 points on a year-on-year basis compared to 4Q20.