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KL's current account surplus seen falling on LNG slump
Published Tue, Feb 3, 2015 · 09:50 PM
Singapore
MALAYSIA'S current account surplus will probably narrow as liquefied natural gas prices drop, according to Bank of America Merrill Lynch, adding a new risk to the nation's weakening economic outlook.
LNG prices may be down 50 per cent by the middle of this year from last June, as they track oil with a lag of four to six months, according to Singapore-based Bank of America economist Chua Hak Bin.
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