Economist: Malaysia will continue to see growth
Publish date: Mon, 03 Dec 2012, 09:24 PM
SINGAPORE: Malaysia will continue to see growth of slightly below four per cent despite the challenges faced by the world economy, said ICAEW Economic Advisor and Centre for Economist and Business Research's (Cebr) chief executive, Douglas McWilliams.
"There are two quite important challenges for Malaysia in 2013.
"First, the world trade is unlikely to grow rapidly and Malaysia as a strong exporting nation will be affected by the pace of (global) growth.
"The second is that the world economy is likely to be weak.
"Demand for tin, rubber and palm oil are likely to be relatively weak and that will also have a knock-off effects on Malaysia," he told Bernama after presenting the findings of ICAEW report at a special briefing here.
The report, entitled "Economic Insight: Southeast Asia", is produced by Cebr, ICAEW's partner and forecaster.
Commissioned by ICAEW, a professional membership organisation supporting chartered accountants around the world, the report provides its 138,000 members with a current snapshot of the region's economic performance.
McWilliams said, however, there would be growth (for Malaysia).
"We are looking at growth of about just under four per cent next year, which most countries would say it is a very good result but it is a little bit below the official expectation," he said.
On whether Malaysia was an attractive destination for investors, he said: "I think investors will continue to be interested in Malaysia because it has a lot of opportunities, skilled labour force and good infrastructure, so these things are attractive," he said. -- BERNAMA
"There are two quite important challenges for Malaysia in 2013.
"First, the world trade is unlikely to grow rapidly and Malaysia as a strong exporting nation will be affected by the pace of (global) growth.
"The second is that the world economy is likely to be weak.
"Demand for tin, rubber and palm oil are likely to be relatively weak and that will also have a knock-off effects on Malaysia," he told Bernama after presenting the findings of ICAEW report at a special briefing here.
The report, entitled "Economic Insight: Southeast Asia", is produced by Cebr, ICAEW's partner and forecaster.
Commissioned by ICAEW, a professional membership organisation supporting chartered accountants around the world, the report provides its 138,000 members with a current snapshot of the region's economic performance.
McWilliams said, however, there would be growth (for Malaysia).
"We are looking at growth of about just under four per cent next year, which most countries would say it is a very good result but it is a little bit below the official expectation," he said.
On whether Malaysia was an attractive destination for investors, he said: "I think investors will continue to be interested in Malaysia because it has a lot of opportunities, skilled labour force and good infrastructure, so these things are attractive," he said. -- BERNAMA
Discussions
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Can I conclude now that the reliable source is from Cybertron? From optimus prime himself? And that kiddies league season has just begun? Enrollment very good eh, davesingh aka investor8818? LoL
2012-12-03 23:01
we r csi. dont play play.
chief csi :kcloh
assistant junior officer :alexlulu, & few others
2012-12-03 23:02
Oh, singh's postings all deleted! Learned well from stanleyette 1M168! Sheeshhhh..
Kiddies league!
2012-12-03 23:04
I tried to leave for a short break, to update myself whilst taking out rubbish from this forum, namely davesingh, 1M168 and doggyraja. Looks like I failed. Feeling very sorry for newbies, listening to their rubbish to help push their stock up or selling from their noises. Now another kid from cybertron appears! Aiyahh....
2012-12-03 23:18
how many shitheads can u stop? this is cyberspace. with ur credibility u just need to update a list of suspecious shitheads esp the newly reg.
and ppls would be aware.
dont let the shitheads waste ur time.
2012-12-03 23:25
now we have this
Posted by JoyceTing > Dec 3, 2012 11:29 PM | Report Abuse
快来信耶稣吧。
:p
2012-12-03 23:31
alexlulu, actually you know what is the best with these kids? there is a recurring theme among them! hopefully singh is not what i think he is too!
this is transformer123, the multi-millionaire kid same like tajimasunrise (another prized winning Cambridge-destined college student father gave 500k to dabble in stock market):
Blog: Request - KHSB - Wait for the right time.
Jul 12, 2012 10:37 PM | Report Abuse
Mr Ooi, please added me and me interested your sharing.
I couldnt attend and can you provide me when is your next training and me wanna sign up as a student...
My email is samuel259@hotmail.com
and,
Stock: [HBGLOB]: HB GLOBAL LIMITED
Jul 11, 2012 01:23 PM | Report Abuse
Datuk, me is a innocent girl and bought those RC's counter and get burn,..and at age 25... This is a big lesson for me...
-----------
now compare to this :
https://www.dropbox.com/s/t0wxzmeqzaq21lt/My%20Cube%20-%20i3investor.com.png
LOL, you can almost die of laughter from these endless entertainment from kiddies league! didn't want to expose them previously, but now, kinda no choice!
2012-12-04 01:19
you know market is flooded with gold diggers when students, aunties, preachers and con artists start to enter the market. They abandon their faith, their goodie-two-shoes stance, their upbringing and even their race and surname when it comes to pursuing Mammon! Usually a good time to exit, but I believe that the finest hours are still ahead of us despite all the gloom! May Najib proves me wrong by losing the general election! :)
<sailang mode now!>
2012-12-04 01:27
actually another one i am surprised not coming out lately is victor valdez! that one is the expert in perception fundamentals! (buy on rumours, sell on news expert!) tajima's senior college student frat against me!
unfortunately, til today since his last attempt to prove me wrong, his mommy never let him out to play! probably many homework from Cambridge kindergarten in Kepong Baru everyday!
2012-12-04 01:37
probably helping daddy n mommy selling nasi lemak on the roadside....no time to blog.
2012-12-04 01:39
will try to figure anymore out there that i came across previously. didn't want to embarass them. but better do it before going for sabbatical! :)
2012-12-04 01:40
oh, just give and take a few weeks! :)
your turn now to be super CSI. just don't allow their skirts to dazzle you yeah? LOL
2012-12-04 01:51
makes sense why Najib may want GE only after December right? :)
http://www.theedgemalaysia.com/first/225744-economic-optimism-now-official.html
2012-12-05 00:03
Najib keep his prime cards close to his chest. The day he enter office till now is the speculation date (election date). He follow Mathiar style of making you all anxious all about election date.
2012-12-05 03:47
KC Loh has mentioned that he is a hakka. Then he can go and buy Sumatec. (Su ma chee teck-everythng can do....including making shares price attractive)
2012-12-05 03:51
Still waiting for parliament to dissolve. Another appx 30 hours to go! Tick tock! Tick tock!
2012-12-08 19:07
Hmm KC if dissolve tomorrow time starts Monday for the within 21. .....complete 30 nov but how to have Ge in 1st week jan...impossible....ppl will be fking angry if within first 2 week....
2012-12-08 19:21
I am just waiting for another shimmy's reliable sources to confirm that! Never jump your horses before time!
2012-12-08 19:24
Hmm all school going children and parents will b pissed.....they will vote opposition if he is so stupid to do so......this is a very sensitive period........
2012-12-08 19:28
Kc, i will bet my bottom dollar it wont happen 1st week of january......how to get designated school ready for Ge when everything will b so chaotic!
Shall we bet....and what is thenstake hehehe
2012-12-08 19:30
I never bet where the dollar comes from your bottom! :)
Better copy first before people claims its from me!
Posted by transformer123 > Dec 3, 2012 10:03 PM | Report Abuse
Parliament be dissolving pv this week for the next election to be held in January 2013... Reliable sources
Tick tock! Tick tock!
2012-12-08 19:34
Hahaha hehehe lol lmao
Now i look like that picture of hishamuddin laughing.....and banging the table. ?.
Ok if makes it any better......my top dollar........or i change my name......same with u?
2012-12-08 19:38
Any idea what the pv there stands for in the statement? Probably? Positively?
One word may change the whole meaning, I know but I am hoping to see optimus prime in person! Tick tock! Tick tock!
2012-12-08 19:44
That one, we all know! Hahaha
Please be mindful there are kiddies here since its school holidays! Please ar, OK? Don't simply blog naughty things, afterwards my Shirley gets all upset and cannot concentrate on housework and marketing. We all may end up eating KFC for one month! Please ar....
Tick tock! Tick tock!
2012-12-08 19:54
Ok kC i iwll behave lor....but shirley single maybe i got chance since i also read 3 kingdom hahaha
2012-12-08 19:58
"..though i do wash my bottom......all the time"
wonder why there was a hesitation between the sentence! checking? LOL
2012-12-08 20:11
There is name that goes around for ppl who tell about their private lifes or behaviour here....so hess.....
2012-12-08 20:21
Tick tock! Tick tock! Appx 12 hours to go for reliable sources in sabah to make it work!
2012-12-09 11:31
ah jib gor is busy lah setting up fans page book - maybe after set up can ask o.k but must be fan first o.k hehe
2012-12-10 06:40
you all get it wrong kok ? maybe transformer123 means cybertron's parliament dissolved last night not m'sia :) lol
2012-12-10 07:53
Market is setting itself up for a big fall again. Climbing last few trading days. Careful in buying! Its suppose to be after election climb. Buyers are there, but one should be smart over this! Me just waiting those prophets of doom coming back again.
2012-12-10 09:43
This is where TA analyses will tell you market is on rebound, and one should start buying. think Buffett will not be salivating on prospects such as these but waiting for opportunity again. all i see is double makan for the so-called sharks when selling in earnest comes again for GE!
careful what you buy! and buy strong stocks! market is behaving very unusual to me, especially when foreign retailers are all staying at sidelines!
2012-12-10 10:15
market is taking the clue from overseas. klci under perform compared to other asian markets. need to monitor (in case) snap elections
2012-12-10 10:18
yeah, so the BN strategists have made index low since the 19-days sell outs! but scenario is still market has yet to call for election! some bravehearts foreign funds are buying, especially blue chips, but you can see from market, most are still penny stocks in play! like today vol 204mn and price vol 161.093mn as of this moment of posting. very likely goreng for one more big makan before election!
2012-12-10 10:23
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loll.. have to be careful when commenting next time. if not all kena dug out and kena shoottt.
2012-12-03 22:59