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NEWS UPDATES Asean Affairs     14 December 2011

‘EU crisis has no impact on Malaysia’


The eurozone debt crisis has not affected the Malaysian economy, said Second Finance Minister, Datuk Seri Ahmad Husni Hanadzlah.

He said the country was on track to achieve next year's economic growth target of between five and six per cent despite the global economic uncertainty.

"In terms of our position, we are now focusing on domestic demand such as investment, which we are doing well currently.

"What would affect us, if there is a global recession, is our exports -- our link to the world," he told reporters after the "Hadiah Sako 3 Bagi Novel Nasional" prize-giving ceremony and book launch here today.

However, he hoped, that the EU governments would find a solution to end the eurozone crisis immediately.

Ahmad Husni said for this year, Malaysia would be able to achieve the projected five per cent growth rate, given that a lot of the government projects had been kicked-off in the first half of this year.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


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