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Business Tendency Statistics Third Quarter 2015
Overview
The main objective of this survey is to measure the expected business performance of Malaysia economic sectors for the third quarter of 2015.
This report publishes the statistics of current business situation for the second quarter of 2015, business expectation for the third quarter of 2015 and the upcoming six months period of July to December 2015.
BUSINESS PERFORMANCE FOR THE SECOND QUARTER 2015
The business performance in the second quarter of 2015 showed a net balance +3.8 per cent for number of employees and +2.0 per cent for gross revenue.
Industrial Sector
The industrial sector recorded a net balance of +3.8 per cent for gross revenue and +2.3 per cent for number of employees in the second quarter of 2015.
Electricity and water industry showed a positive net balance in terms of gross revenue (+45.5%) and number of employees (+27.3%).
However, the mining industry registered a negative net balance for gross revenue (-25.0%) and number of employees (-25.0%).
Construction Sector
The construction sector recorded a net balance of +5.1 per cent for gross revenue and -5.1 per cent for number of employees in the second quarter of 2015.
Wholesale and Retail Trade Sector
The wholesale and retail trade sector recorded negative net balances for gross revenue (-37.9%) and number of employees (-3.2%) in the second quarter of 2015.
Services Sector
The services sector recorded positive net balances for gross revenue (+17.5%) and number of employees (+11.5%) in the second quarter of 2015.
In terms of gross revenue, the insurance industry registered the highest positive net balance at +87.5 per cent followed by transport (+40.0%), communications (+15.4%) and finance (+6.7%). However, the real estate and information and communications technology industries showed negative net balances of -27.3 per cent and -6.3 per cent respectively.
In terms of number of employees, the insurance industry recorded the highest positive net balance at +37.5 per cent followed by finance, hotel and transport industries which showed a net balance of +13.3 per cent, +12.5 per cent and +10.5 per cent respectively. On the other hand, real estate and information and communications technology industries registered negative net balances of -9.1 per cent and -6.3 per cent respectively.
FORECAST FOR THE THIRD QUARTER 2015
The gross revenue and number of employees are expected to increase in the third quarter of 2015. This is showed by net balances of +13.9 per cent and +10.3 per cent respectively. The confidence indicator also recorded a positive value (+2.3%) in the third quarter of 2015.
Industrial Sector
The industrial sector expected positive increases of +14.4 per cent and +8.8 per cent in the gross revenue and number of employees in the third quarter of 2015. The electricity and water industry showed high positive net balance in terms of gross revenue (+54.5%) and number of employees (+18.2%). The confidence indicator for this industry recorded a positive value of +5.0 per cent.
Construction Sector
The construction sector expected an increase in gross revenue by +5.1 per cent, while number of employees is expected to decline by -2.6 per cent in the third quarter of 2015. The confidence indicator for this industry recorded a negative value of -5.3 per cent.
Wholesale and Retail Trade Sector
The wholesale and retail trade sector expected to decline in gross revenue by -0.8 per cent, while number of employees is expected to increase by +4.8 per cent in the third quarter of 2015. The confidence indicator for this industry recorded a negative value of -8.8 per cent.
Services Sector
The gross revenue and number of employees for the services sector are expected to be positive during the reference period as indicated by net balances of +21.2 per cent and +17.8 per cent respectively. The confidence indicator for this industry recorded a positive value of +3.7 per cent.
BUSINESS TENDENCY FOR JULY-DECEMBER 2015
The business conditions are is expected to improve in the next six months as shown by the net balance of +15.9 per cent.
Industrial Sector
The industrial sector expected better business prospects for the period of July to December 2015 (+15.8%). The electricity and water industry forecasted the highest net balance with a positive net balance (+36.4%) followed by agriculture (+34.8%), manufacturing (+10.4%) and mining (+8.3%).
Construction Sector
The business condition of construction sector is expected to decline for the coming six months with a net balance of -5.1 per cent.
Wholesale and Retail Trade Sector
For the next six months, the business condition for the wholesale and retail trade sector forecasted a declined with negative net balance (-12.1%).
Services Sector
The services sector expected a thriving business in the coming six months ending December 2015 as indicated by a positive net balance (+32.6%). Among the industries which anticipated better business condition are communications (+61.5%), transport (+55.0%), insurance (+37.5%) and finance (+26.7%). However, the business condition for real estate industry is expected to decline (-27.3%).
Released By:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
28 August 2015
Contact person:
Norrita binti Amran
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : norrita.amran@stats.gov.my
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