RHB | Malaysia | Manufacturing Investment Approvals Declined In 2Q, Amid Lower Domestic Investments

Economic Research	24 August 2015
Malaysia
Economic Highlights
Manufacturing Investment Approvals Declined In 2Q, Amid Lower Domestic Investments Total approved manufacturing investment slipped into a decline of 47.8% y-o-y to RM15.8bn in 2Q 2015, normalising after a surge of 152.6% to MYR33.7bn in 1Q and compared to -50.9% or MYR8.4bn in 4Q 2014. This was reflected in a drop in domestic manufacturing investment approvals but partly mitigated by a smaller decline in foreign direct investment (FDI) approvals during the quarter. The former took a turn for the worse to register a decline in 2Q, due to the absence of an oil & gas project of in Pengerang that had boosted investment approvals in the previous quarter. Economist:  Peck Boon Soon  | +603 9280 2163 Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
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