(World Bank, Washington, DC, 2022-08)
Kuriakose, Smita; Ting, Kok Onn; Hebous, Sarah; Tiew, Haris
The survey implemented in August 2022
shows that economic recovery is taking root in Malaysia as
evidenced by the trends in operating hours, sales, and
employment. The outlook of firms is positive and with more
than 38 percent of firms relative to 34 percent of firms in
R4 business pulse survey (BPS) expecting higher sales for Q4
2022. With international borders being opened, firms’
recovery has accelerated across regions and firm sizes.
However, this brings about new challenges for firms such as
shortages of labor, rising input costs, and increasing
market competition.