Category: Malaysian economy and BNM
-
Slowing but growing, Q2 GDP at 4 percent
Q2 GDP growth for Malaysia is 4 percent. As they say, there’s always two sides to a coin. This is even lower than Q1 which was at 4.2 percent but 4 percent meant that the economy continues chugging along, slowly. Our new Bank Negara Governor Datuk Muhammad Ibrahim said, “All sectors saw growth except for…
-
Trade surplus Malaysia? 224th CONSECUTIVE months
Too many negative news. So, I must share some positive notes even if there’s that little possibility of the first trade deficit within the next 1 year. Read here for an earlier article: Summary of the potential twin deficits for Malaysia As per reported in a few medias, Malaysia’s export sector has reached the 224th consecutive months…
-
Only 28th most confident consumers out of 63 countries….
Malaysians are feeling under the weather in recent months. Perhaps too many negative news or never ending bad news? Yes, this is the case for property buyers too. Need more decision time. Banks more stringent. Ever more discounts and rebates are all the usual happenings in the property market. Well, Malaysia was ranked 28th MOST CONFIDENT…
-
Summary of the potential of ‘twin deficits risks’ for Malaysia
Today, I read a good article summarising the potential of Malaysia having twin deficits soon. If you do not intend to read the content, in brief, this twin-deficit will not be happening within 2016. Overall, the article is a little long and thus the summary plus my personal opinions as below, the good, the not…
-
Of politics, IMF and global GDP forecast
Politics. A word which elicits lots of cynical smile these days regardless of which side of the fence you are on. It may even cause heated arguments. Well, politics is beyond just Malaysia. It is now weighing on the world GDP growth and the outlook is not that awesome. Reported in many medias recently was…
-
Lower GDP growth for Malaysia expected for 2016
GDP growth is a very good barometer for the property market. Especially so for the major cities here in Malaysia. Would anyone dare to buy KL properties if the economy is in negative zone? Well, 2016 is going to be ‘slower’ year for Malaysia according to AffinHwang Capital Research. As per reported in NST, it is…
-
BNM: Pre-emptive measure is better.
A day after the OPR was adjusted, I saw a comment in Facebook which said that this reduction in OPR is because the economy is weakening. Let’s hear what our Bank Negara Governor, Datuk Muhammad Ibrahim wanted to say. It was reported in Starbiz. He said, “The decision to cut the overnight policy rate (OPR)…
-
BNM cuts OPR, a positive surprise for economic growth
I just wrote about this recently. Read here: Accommodative stance needs a further boost, lower OPR? Today, it happened. Bank Negara Malaysia (BNM) has cut the overnight policy rate by 25 basis points to 3.00 per cent. This is considered a surprise move as analysts were mostly thinking about a cut only towards end of the…
-
Positives for Malaysia, stock market and Ringgit
Following was a positive news reported in a local media recently. For the first 6 months of 2016, the total outflows by foreign investors only amounted to RM48.6 million in total. Yes, this is considered extremely healthy. In 2015, there was a total of RM19.5 billion net outflows while in 2014, it was RM6.5 billion.…