Wednesday, January 4, 2012

Oxford Business Group Review of Malaysia



(See: www.oxfordbusinessgroup.com): With many sectors of the economy having performed solidly over the past 12 months, Malaysia is hoping for more of the same in 2012. Indeed, foreign direct investment (FDI) is up, inflation well contained, and the financial sector steady. However, at least some impact from the European debt crisis is expected, with demand for exports widely predicted to ease in 2012.

Though final figures have yet to be issued, it is expected that the Malaysian economy will have expanded by more than 5% in 2011. At the end of November, the Organisation for Economic and Cooperative Development (OECD) forecast that this solid rate of growth would continue for at least the next five years, predicting Malaysia’s GDP would expand by 5.3% in each of the next few years and hit 5.6% by 2016.

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