Businesses still cautious but confidence improves in Q3


Trade, retail and services are expected to improve over time, says Statistics Department. – AFP file pic, August 28, 2020.

BUSINESSES remain cautious of their performance with confidence indicator posting an improvement at -21.0% in the third quarter from -25.2% in the previous quarter.

Chief statistician Mohd Uzir Mahidin said the business performance expectation is influenced by the economic uncertainty with respect to the Covid-19 pandemic that is plaguing the world today.


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