World Bank sees Malaysia's economy picking up in 2017

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29 August 2016 | View all newsletters

	World Bank sees Malaysia's economy picking up in 2017 The World Bank expects Malaysia's economy to grow at a slower pace in 2016 from a year ago before picking up slightly in 2017 to 2018 as commodity prices recover and global economic growth improves. World Bank's Economic Monitor Report states that Malaysia's growth remains resilient and describes the country's fiscal consolidation as on track.

	Honeywell to double its staff size in Greater KL Briand Greer, Honeywell Southeast Asia president, says that the firm is optimistic about ramping up growth in Malaysia and the region, with plans to double staff size in Kuala Lumpur. He tells Bloomberg TV Malaysia that its long-term plan is in line with regional mega-trends.		InvestKL Conversations: France featuring Colas Rail and Worldline InvestKL has a plan. To make Greater Kuala Lumpur one of the world's top, dynamic investment destinations. The InvestKL Conversation series lays out how and why Kuala Lumpur is poised to be the next great global city. BFM speaks to Richard Fostier, CEO of Colas Rail Asia and Tee Kee Ming, CEO of Worldline Asia Pacific.
	UK-based Codemasters has aggressive plans for its Greater KL studio Codemasters Software Co Ltd, one of the oldest videogames developers in the United Kingdom, is embarking on an aggressive expansion plan this year, aiming double the size of its team in Kuala Lumpur over the next few months. The decision comes in the wake of Codemasters' April acquisition of Evolution Studios.		Top facts to know about the Kuala Lumpur-Singapore High Speed Rail Singaporean Prime Minister Lee Hsien Loong was in Putrajaya on July 19th for the signing of the agreement with Malaysian Prime Minister Najib Razak. The rail project has been billed as a "game-changer" that will boost connectivity, strengthen economic ties and forge closer ties between people of both countries.
	Malaysia has hidden gems in talented workforce, and how companies can extract them? Malaysia has abundance of hidden gems as far as talents are concerned, and it is key for companies to understand what needs to be done to bring out its employees' full potential. AirAsia co-founder Tan Sri Tony Fernandes and Codemasters vice president of development creative services Stephen Root talks about Malaysia's talent in a recent interview with InvestKL.		Malaysia's GDP grew 4% in Q2 "The stronger growth in domestic demand in the 2nd quarter of 2016 was attributed to both private consumption and private investment. This underscores the resilience of our economy,” said Bank Negara Malaysia governor Datuk Muhammad Ibrahim.

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