Malaysian Economic Outlook 2016

The gross domestic product gdp growth rate is projected to reach 4 2 in 2016 and 4 3 in 2017.

Malaysian economic outlook 2016. World and malaysia economic outlook 1 august 2016 executive summary. Kuala lumpur oct 1. To be more specific it s expected for the malaysian economy to recover and rebound by the second half of 2016 according to selina ling the ocbc bank bhd chief economist. There remains a lot uncertainty over the precise impact of brexit.

World and malaysia economic outlook. True enough it s no simple feat to enter a foreign market and set up operations. In 2016 the malaysian economy continued to face considerable external and domestic headwinds. Malaysia s economic growth has slowed down but remains resilient to external challenges.

Private consumption is expected to continue driving economic growth supported by low unemployment and government income support measures. Amid still slow and weak global growth the brexit s aftershocks have cast a doubt over the global economy. In its regional asean economic outlook released sept 30 the research house said it expects malaysia s real gdp to sustain at 4 9 in 2016 a tad higher than an estimate of 4 8 in 2015. The volatility in the financial and currency markets along with unresolved domestic political issues suggest that the malaysian economic outlook remains challenging in 2016 according to rhb research institute sdn bhd.