Economic Research | 21 February 2018 | |||
Malaysia | ||||
Economic Update | ||||
Exports Growth To Remain Healthy After Surging In 2017 Malaysia’s exports growth increased by 18.9% YoY in 2017 – its strongest pace since 2004 – driven by a synchronised recovery in global economic growth. We believe there is apparent momentum in exports growth this year, as the IMF has just upgraded its global growth forecast, and the US was able to push through its tax cut policy in late Dec 2017 As a result, we believe our 2018 exports growth forecast of 6.5% YoY would likely be achievable. Although this is still a slowdown compared to the growth registered in 2017, the increase is still a strong one – given the higher base in 2017. Economists: Vincent Loo Yeong Hong | +603 9280 2172 Aris Nazman Maslan | +603 9280 2184 | ||||
To access our recent reports please click on the links below: 15 Feb : Current Account Surplus To Narrow In 2018 14 Feb : 2017 GDP Growth Strongest In Three Years 12 Feb : 4Q17 Economic Activity Remains Healthy Despite Slowdown 08 Feb: Exports Ease in December but Cap a Robust Year 02 Feb: M3 And Loans Growth Looks To Accelerate In 2018 | ||||
Economics Team | ||||
Arup Raha | Group Chief Economist | +65 6232 3896 | ||
Peck Boon Soon | Chief ASEAN Economist | +603 9280 2163 | ||
Vincent Loo Yeong Hong | Malaysia, Vietnam, | +603 9280 2172 | ||
Ng Kee Chou | Singapore, Thailand | +603 9280 2179 | ||
Rizki Fajar | Indonesia, Philippines | +6221 2970 7065 | ||
Aris Nazman Maslan | Malaysia, Vietnam | +603 9280 2184 | ||
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