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Economic
Research
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2 December 2016
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Malaysia
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Economic Outlook
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Despite the
Malaysian economy picking up for the first time in seven quarters to 4.3% in
3Q16 (+4% in 2Q16), financial markets were hit by volatility over policy
uncertainty from Trump’s upcoming US presidency. Still, we expect Malaysia to
weather through, with the economy projected to grow at 4% in 2017 (stable vs
our estimate of +4.1% for 2016). We believe this would be achievable as the
uncertain global economic outlook plus bouts of currency and financial market
volatility should be mitigated by:
1. Ongoing
implementation of infrastructure projects;
2. Possible early
elections in 2017;
3. Pre-election
spending.
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Friday, December 2, 2016
Facing Headwinds From Currency Volatility
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