Business Performance to Increase in Q2 of 2017

Updated on Wednesday 14th June 2017

Business Performance to Increase in Q2 of 2017 Image
According to the Malaysian Department of Statistics, business performance will increase in the second quarter of 2017, compared to the preceding one. The estimate is based on the analysis of the business confidence indicator’s evolution. Some business sectors seem to have an overall better estimate for the future business performance. One of the experts at our law firm in Malaysia can give you complete details about the business regime and laws governing investments.

Business confidence in Malaysia

The second quarter of 2017 is expected to record an increase in business of 4.5 percent, compared to -6.9 percent in the previous quarter of the year. The performance is expected to record its greatest increase in wholesale, retail trade and services, while the construction sector is expected to have a lower increase during the same period.

The Data was released by the Department of Statistics in Malaysia and is summarizes the predictions for a short-term situation of the business evolution in various fields. 

Investors in Malaysia who want to know more about the business fields with a predicted favorable growth, like the services sector, can talk to one of our lawyers in Malaysia for more information about the conditions for investment.

Predictions for Malaysian businesses

The survey also covered the topic of gross revenue increase in 2017, as reported by the interviewed business owners. Only 19 percent of the business owners expected a decrease in revenue, while more than 35% predicted a revenue growth and the rest expected that theirs would remain unchanged. 

The predictions for the gross revenue increase in the second quarter of 2017 pointed out an increase of 7.7 percent while the positive net balance for employees in Malaysia in the second quarter was expected to be 12.6 percent, compared to 2.7 percent in the first quarter.

One of our lawyers in Malaysia can give you complete information on the conditions for investment and the law for foreign investors.

Contact us for more information and legal assistance.