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Tag: GDP growth Malaysia 2017

  • Malaysia’s GDP growth for Q2 looks healthy

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    by

    Charles Tan
    in

    In brief, Malaysia’s GDP is growing pretty healthily. It’s supported by domestic demand (most important!). Sentiments improving. Financial institutions have sound overall asset quality and profitability. Exports should grow as the global growth is improving too. Inflation is still above the usual, at 4 percent. Borrowers still have access to financing to purchase homes. (As…

  • Accommodative stance needs a further boost, lower OPR?

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    by

    Charles Tan
    in

    Let’s look at a few predictions first. Recently, World Bank cut its earlier projected 2.9% global economic growth forecast in to 2.4%. The 2.9% forecast was just few months ago in January 2016. In April 2016, International Monetary Fund (IMF) revised its global economic growth outlook for 2016 downwards, from earlier forecasted 3.4% down to 3.2%. The…