Malaysia trims fuel prices amidst slowing
Malaysia: Slow growth may lead to rate
Cheaper oil eases Malaysian inflation
November 18, 2008
Malaysia slashes fuel
costs by 7%
November 16, 2008
Malaysia faces no
recession, currency to rise – central bank
November 15, 2008
Coping with Global
Malaysia to scrap import duties
November 13, 2008
Malaysia’s $870m highway
plan shelved over funding woes
October 15, 2008
Malaysia plans fuel price
cuts to boost economy
October 13, 2008
Malaysia Power Struggle:
Opposition leader to challenge govt over economy
September 24, 2008
Report: Fuel price hike
hits vehicle sales in Malaysian
September 14, 2008
Thailand, Malaysia spend billions to boost economy
August 30, 2008
Malaysia’s PM unveils
December 7, 2008
Malaysia: Fiscal boost to fend off recession
Malaysia's near $2 billion fiscal stimulus will start to boost the economy from the first quarter of next year and the government does not expect the country to slide into recession, Reuters quoted a government minister as saying.
Despite a downturn in global growth and an unexpected fall in exports in October, Malaysia's government still expects 3.5 percent growth in 2009, Second Finance Minister Nor Mohamed Yakcop told journalists on Saturday.
"The trick is to implement these measures very quickly so that the impact is there in the next few months," he said.
"At this point of time, there is no possibility, from our calculations, that we will enter recession in 2009."
The government's forecast is higher than that of many banks. UBS sees no growth in Malaysia in 2009 while Malaysian investment bank RHB is forecasting 1.5 percent.