Malaysian businesses broadly optimistic in 2Q2024, shrug off diesel subsidy retargeting

KUALA LUMPUR (July 11): Malaysian businesses remained broadly optimistic for the second consecutive quarter, and sentiment improved on the back of better outlook on sales, a survey showed.

RAM-CTOS Business Confidence Index (BCI) rose 54.0 in the second quarter (2Q2024), from 53.4 in the first three months of 2024 (1Q2024), according to the survey jointly conducted by RAM and CTOS Digital Bhd…