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Posted Date : 05 Nov 2008 MARC anticipates the ongoing weakness of the US economy to trigger a global recession in 2009 that will have an adverse impact on Malaysia’s economic performance next year. The impact will likely to filter through as sharp moderation in the external sector as lower demand hits Malaysia’s export sector. …
Slower economic growth and lower bond issuance but recession not on the cards Read More »
Posted Date : 20 Oct 2008 MARC views that the ongoing global turbulence roiling the financial markets will likely trigger a global recession in 2009 and accordingly forecasts Malaysia’s GDP growth for next year at 3.5%. The world’s largest economy and Malaysia’s single largest trading partner, the United States (US) is likely to experience its …
Posted Date : 17 Jul 2008 MARC foresees a moderation in Malaysia’s GDP growth in the 2H2008 as the domestic economy adjusts to the decelerating global economic activity and the recent larger-than-expected fuel hike. Growth trajectory in the 2H2008 will largely hinge on the speed and magnitude of this adjustment. Inflation is expected to be …
Posted Date : 10 Jun 2008 The year 2008 had started out as rather picture perfect despite slowing global growth and turbulence in international markets. Indicators such as retail sales growth, auto sales, home sales and consumer credit growth exhibited strength, and the economy showed good momentum. As the second half of 2008 commences, MARC …