FW: RHB | Malaysia | Private Investment And a Potential US Corporate Tax Cut's Impact On Future Growth

 

 

 

 

Economic Research			13 November 2017
Malaysia
Economic Update
Private Investment And a Potential US Corporate Tax Cut’s Impact On Future Growth   Private investment recovered in 1H17, growing 7.4% YoY in 2Q17 and surging by 12.9% YoY in 1Q17. This was partly due to the strong recovery in exports since the end of 2016. In the near term, we expect private investment growth to hold up at 8.6% YoY in 2018, albeit slowing slightly from 8.8% YoY expected in 2017. This is on account of a sustained growth in exports, which would trickle down to: 1.   Higher domestic demand and investment activity; 2.   On-going implementation of infrastructure projects; 3.   An overall improvement in the business environment; 4.   Sustained inflows of foreign direct investment.   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:   09 Nov : BNM Hints at Policy Tightening in 2018 09 Nov : Robust IPI In 3Q Points Towards Stronger GDP Growth 08 Nov : Forex Reserves Continue To Climb Despite Outflows 06 Nov : Exports Slowing, 3Q Growth Strongest Since 2010 01 Nov : M3 Eases Lower From a Two-Year High
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

 

 

 

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