Is it all 'doom and gloom' for Malaysia?

Apparently not, as DBS expects GDP report a 5.6% YoY growth.

According to DBS, headline export growth also increased 11.4% in 3Q11.

Here’s more from DBS:

Third quarter GDP will be announced today and the headline growth figure is
expected to report a 5.6% YoY expansion, up from 4.0% in the previous quarter. The
domestic engine will remain the key driver of the economy while underlying demand is
holding up on the external front compared to the previous quarter.

Essentially, export performance has continued to surprise on the upside on commodity
exports. Headline export growth recorded 11.4% in 3Q11, up from 8.8% in the previous
quarter. As a result, industrial production growth bounced from a contraction of 1.5%
to average 1.9% growth in the same period. So while the external outlook may not be
glowing, it is not altogether doom and gloom given the current economic tumult in
Europe and slowdown in global demand.

Plainly, pockets of uncertainty remain on the external front but the domestic engines of
the economy are not showing any sign of stalling. Domestic consumption is expected to
remain robust while investment will be the key driver of growth in 3Q11 and going
forward. The healthy pipeline of development projects will continue to propel the
economy. And that’s probably the reason why Bank Negara has held back against a
premature easing in monetary policy last Friday and maintains the policy rate at the
current level of 3.00% despite some market talk of the possibility of rate cuts given the
current global uncertainties.

In fact, growth outlook for Malaysia is expected to improve gradually in the coming
quarters on the back of a resilient support from the domestic segments of the economy.
In our opinion, Malaysia is unlikely to experience a sharp deceleration in growth
momentum or a technical recession in the medium term. The third quarter GDP growth
figures due to announce will testify to that.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia

Top News

'Christian Horner: Unfiltered' Comes to Singapore During F1 Week

The former Oracle Red Bull Racing Team Principal headlines a one-night-only live conversation on leadership, team culture and life at the pinnacle of Formula 1

Leisure & Entertainment

2 hours ago

SC Capital acquires townhouse compound in Chung Hom Kok, Hong Kong