RAM Ratings said on Monday this level of 33.7 was substantially below the neutral point of 50, and reflected the disruptions plaguing small businesses amid the Covid-19 pandemic.
KUALA LUMPUR: The overall RAM Business Confidence Index (RAM BCI) for the third quarter (3Q 2020), based on an online survey conducted between July and August, hit a low of 33.7 as businesses cited weak economic conditions and uncertainties.
RAM Ratings said on Monday this level of 33.7 was substantially below the neutral point of 50, and reflected the disruptions plaguing small businesses amid the Covid-19 pandemic.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
