Dun & Bradstreet Predicts Malaysia’s Business Sentiment to Remain Gloomy for the Third Quarter of 2020

Dun & Bradstreet (D&B) Malaysia's Business Optimism Index (BOI) study has indicated that business sentiment across Malaysian firms has improved marginally despite remaining downbeat for the third quarter of 2020 (Q3-2020).

The study released on the 29th of June 2020 stated that the BOI increased to -13.33% for Q3 2020, from -21.86% during Q2-2020. However, the BOI fell on a year-over-year (YoY) basis to -13.3% for Q3-2020, from +7.22% for Q3-2019. The six business indicators under the quarterly BOI study consisted of volume of sales, net profits, selling price, inventory level, employees and new orders. 

D&B also stated that the financial and mining sectors will by far...