Economic Updates: Malaysia

Malaysia: Bonds draw foreign buyers

Asia | 14 May 2013

With interest rates in developed countries at record lows, many investors are looking for better returns in emerging markets, including Malaysia, where sound macroeconomic fundamentals and attractive yields are driving demand for sovereign debt. The May 5 re-election of the business-friendly Barisan Nasional (BN) party is likely to raise further the profile of South-east Asia’s largest bond market.

Malaysia: Religious tourism boost

Asia | 2 May 2013

Having been ranked the friendliest country for Muslim holidaymakers for the third year running, Malaysia has confirmed its position as a premier halal tourism destination. However, its position – and the revenue that comes with it – could be challenged by regional rivals seeking to cash in on the lucrative market.

Malaysia: The year of LTE telecoms

Asia | 17 Apr 2013

Following the launch of Malaysia’s first long-term evolution (LTE) mobile telephone network in January, this year should see a rush to market as major operators look to expand their data earnings. The rollout of new technologies and products offered by telecoms firms in Malaysia is in line with growth in the region, which has ambitions to become a global leader in mobile broadband access.

Malaysia: Economic outlook bright despite election uncertainty

Asia | 3 Apr 2013

While a fiercely fought general election could send ripples through Malaysia’s economy in the next few months, the country otherwise looks set for another year of solid growth on the back of strong domestic demand and higher private investment driven by a number of public sector initiatives.

Malaysia: CPO Power

Asia | 20 Mar 2013

After a slow year in 2012, Malaysian officials expect exports of crude palm oil (CPO) to expand in 2013. Prices that have fallen due to oversupply and slower demand are now on the rise again, and though they may moderate in the second half of the year, an average steady climb over the next two years seems likely.

Malaysia: Retail optimism tempered by caution

Asia | 20 Feb 2013

A gradually improving economic climate is expected to support continued retail growth in Malaysia in 2013. However, downside risks from the international environment and political uncertainty may affect economic expansion before the year is through.

Malaysia: Banks shift lending patterns

Asia | 7 Feb 2013

With an election looming and uncertainty over the state of the global economy, Malaysia’s banks may have to work hard to maintain earning levels amid predictions of lower rates of household borrowing growth.