Thursday, January 4, 2018

FW: RHB | Malaysia | US Tax Bill Positive For Malaysia In 2018

 

 

 

 

Economic Research

4 January 2018

Malaysia

 

Economic Update

 

 

 

US Tax Bill Positive For Malaysia In 2018

 

US Senate Republicans passed a tax reform bill on 20 Dec 2017, aimed at delivering deep and permanent tax cuts for corporations to boost the country’s competitiveness and spur economic growth, while providing temporary tax cuts for individual tax payers until 2025. The move, however, would add an estimated USD1.447trn to the US Government’s budget deficit over a 10-year period from 2018-2027. The US tax reform bill reaffirms our view that global and Malaysian economic growth are expected to hold up well in 2018.

 

 

Economist:

Peck Boon Soon  | +603 9280 2163

 

 

To access our recent reports please click on the links below:

 

02 Jan: M3 Grows Steadily In November, Loans Slow Further

21 Dec: Inflation Moderates Further In November

14 Dec: Strong Headline GDP But Weak Ground Sentiment

13 Dec: Easing October IPI On Weaker Manufacturing and Mining

8 Dec: Forex Reserves Rise Further In November On Trade Flows

7 Dec : Exports Remain Robust in Early 4Q17

 

Economics Team

Arup Raha

Group Chief Economist

arup.raha@rhbgroup.com

+65 6232 3896

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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