SUBSCRIBERS
Nomura: Fiscal reforms to weigh on M'sian growth
But they will result in positive sovereign rating action
Published Thu, Dec 12, 2013 · 10:00 PM
FURTHER fiscal consolidation and a slowdown in Chinese demand for commodities will affect Malaysia's economic growth next year, according to Nomura Equity Research.
The economy is seen expanding 4.5 per cent in 2014, and moderating to 4 per cent the year after on the back of a 6 per cent goods and services tax which is scheduled to be introduced in April 2015.
Nomura's GDP …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Telegram messaging service to allow Tether stablecoin payments
Hong Kong regulator to probe PwC auditing role over Evergrande
US: S&P, Dow open flat as Middle East jitters ease, Netflix weighs on Nasdaq
DBS puts 46 retail units, HDB shops on market for S$210 million
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade