Goldman Sachs report positive for Malaysian growth

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Due in part to the country’s Economic Transition Programme, Malaysia has been upgraded to “overweight” in the latest Goldman Sachs analysis of the region.  Malaysia’s GDP is expected to rise 6% this year amidst high prices for oil, which are expected to average $113 a barrel in 2011.  Inflation remains low compared to regional competitors at 3.7%.

The Goldman Sachs report says that Malaysia will experience higher-than-projected earnings growth of 15% in 2011, and 12% in 2012. “Malaysia presents a strong domestic demand stories and has structural programmes in place for medium-term economic improvement,” it said.  The positive report will hopefully boost investor confidence in Malaysia.

 

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Reading Time: 1 minute

Due in part to the country’s Economic Transition Programme, Malaysia has been upgraded to “overweight” in the latest Goldman Sachs analysis of the region.  Malaysia’s GDP is expected to rise 6% this year amidst high prices for oil, which are expected to average $113 a barrel in 2011.  Inflation remains low compared to regional competitors at 3.7%.

Reading Time: 1 minute

Due in part to the country’s Economic Transition Programme, Malaysia has been upgraded to “overweight” in the latest Goldman Sachs analysis of the region.  Malaysia’s GDP is expected to rise 6% this year amidst high prices for oil, which are expected to average $113 a barrel in 2011.  Inflation remains low compared to regional competitors at 3.7%.

The Goldman Sachs report says that Malaysia will experience higher-than-projected earnings growth of 15% in 2011, and 12% in 2012. “Malaysia presents a strong domestic demand stories and has structural programmes in place for medium-term economic improvement,” it said.  The positive report will hopefully boost investor confidence in Malaysia.

 

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