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MIDA, MIER Collaborate To Release Monthly Report On The Manufacturing Sector

By September 19, 2024September 20th, 2024No Comments

The Malaysian Investment Development Authority (MIDA) and the Malaysian Institute of Economic Research (MIER) are establishing a strategic partnership focused on enhancing Malaysia’s economic and investment climate through data-driven research, analysis, and collaboration.

As part of this partnership, MIDA and MIER also launched the MIDA-MIER Monthly Business Conditions Survey Report, providing key insights into Malaysia’s manufacturing sector. The survey, conducted in July 2024, reveals that the sector is expected to maintain its growth momentum, with over 70% of companies expressing optimism about current and future sales and production prospects.

This report, to be published monthly, will provide stakeholders with real-time data on key economic indicators. It will be accompanied by MIER’s Monthly Economic Review, which offers broader analysis on global and domestic economic trends, covering key markets such as the US, China, and Europe, along with forecasts on Malaysia’s economic growth and the performance of the ringgit.

The MOA sets the foundation for a strong alliance that will enhance Malaysia’s economic landscape through cutting-edge research and strategic initiatives to promote and attract investments.