What Worries Malaysia?
CCIFM Member Ipsos has just released the following data – What Worries Malaysia?
The findings from the study reveal:
- Malaysians are increasingly optimistic with the country's direction
- More Malaysians hold positive perspective about the economy
- Malaysia shows a strong growth in consumer confidence
- Corruption remains the top concern and a surge of concern on crime
"Malaysians have shown a significant growth in optimism on the country’s direction. Now, 7 out of 10 Malaysians believe that the country is heading in the right direction, a remarkable 19% increase compared to a year ago. While the optimism levels in other Southeast Asian countries and the world have remained constant or declined over the past year, Malaysia’s sustained growth of optimism indicates a positive outlook among its citizens.
This renewed optimism has positively influenced the economic sentiment and the consumer confidence. More people in Malaysia are positive with the current state of economy, and it has significantly grown by 33% as compared to one year ago. Same goes to the consumer confidence, which has increased by 12% since Oct 2023.
Despite this positive development, Malaysians remain concerned about corruption, and there is a surge of the concern regarding crime and violence. While Malaysians have gained confidence in their economic outlooks, it is important to reassure the public that our society is free from corruption and crime to sustain long-term confidence about the country’ direction."
–Evelyn Tan, Ipsos Interim Country Manager
Source: Ipsos
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