FW: RHB | Malaysia | Budget 2018 Expectations: Shaping The Future Of Malaysia

 

 

Economic Research			27 September 2017
Malaysia
Economic Update
Budget 2018 Expectations: Shaping The Future Of Malaysia   With Budget 2018 themed “Shaping the Future”, we believe the Government is shifting its focus from previous budgets (ie fiscal discipline) to one that emphasises on the country’s aspirations for the next 30 years under Transformasi National 2050 (TN50). We believe the Government may likely place a lot more emphasis on economic development that uses technology to make advancements. In this regard, we believe that the Government’s measures and incentives would likely focus on the following in the upcoming budget:   1.   Setting the foundation for TN50; 2.   High-technology industries in areas of automation, robotic development, big data, cloud computing, etc; 3.   Tackling the rising cost of living; 4.   Further development of SMEs and affordable housing.   Economist:  Vincent Loo Yeong Hong  | +603 9280 2172 Economist:  Aris Nazman Maslan  | +603 9280 2184
To access our recent reports please click on the links below:   20 Sep : Higher Fuel Prices Push Up Inflation 11 Sep : Strongest Industrial Activity In Eight Months 08 Sep : BNM To Maintain Rates Till Year End 07 Sep : Forex Reserves Surpasses The USD100bn Level 06 Sep : July’s Exports Improve Strongly After Festivities
Economics Team
Peck Boon Soon	Chief ASEAN Economist	bspeck@rhbgroup.com		+603 9280 2163
Vincent Loo Yeong Hong	Malaysia, Vietnam,	vincent.loo@rhgroup.com		+603 9280 2172
Ng Kee Chou	Singapore, Thailand	ng.kee.chou@rhbgroup.com		+603 9280 2179
Rizki Fajar	Indonesia, Philippines	rizki.fajar@rhbgroup.com		+6221 2970 7065
Aris Nazman Maslan	Malaysia, Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184

 

This message is intended only for the use of the person(s) to whom it is addressed and may contain information that is privileged or otherwise protected from disclosure. If you are not the intended recipient you are hereby notified that any use, review, disclosure or copying of this message and the information it contains is prohibited. If you receive the message in error, please notify the sender by reply e-mail and discard all its contents.   Thank You.