Business Conf Index PETALING JAYA: The Business Conditions Index (BCI) posted a robust recovery of 25.3 points in the fourth quarter of 2020, settling in expansion territory at 115.4 points, compared with 86.3 points in the third quarter. According to the Malaysian Institute of Economic Research’s (MIER) business conditions survey report, the improvement in business sentiment was attributed to the impressive increase in sales, significant increase in domestic orders and export orders, remarkable rise in industrial production volume, slight increase in capital investment and capacity utilisation as well as slight improvement in employment conditions. “Pleasantly, the index for the current quarter is above the threshold level and has therefore proved to be a significant achievement in business sentiment. The continuous and remarkable improvement in BCI has shown that the government’s stimulus packages of Prihatin, Penjana, Kita Prihatin and the short-term economic recovery plan have had an impact on the fourth quarter results of 2020.”