Bursa Community
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Bursa Community

Bursa Malaysia Stock Forum - Enriching You!


Tong Kooi Ong blogs Will our exports save the day?

Bursa Community :: Community News

Go down

Tong Kooi Ong blogs Will our exports save the day? Empty Tong Kooi Ong blogs Will our exports save the day?

Post by Cals Mon 17 Mar 2014, 02:37

Tong Kooi Ong blogs Will our exports save the day?
Business & Markets 2014
Written by Tong Kooi Ong of theedgemalaysia.com   
Saturday, 15 March 2014 18:40

THE Government is forecasting a real economic growth rate of 5% to 5.5% and inflation of 3% for 2014 for Malaysia. Nominal growth for the economy is therefore expected at 8% to 9%. Can it be achieved and where will growth come from?

With rising cost of living coupled with the prevailing high levels of household debts, growth in consumption for 2014 and 2015 will be lackluster. It is also the intention of the Government to rein in its own expenditure, to reduce its fiscal deficit. No doubt measures are also needed to broaden the revenue base of the Government and this will be achieved through the implementation of the GST from April 2015.

So, where then will growth come from in 2014 and 2015?

This week, The Edge focuses on Exports. The week after, we will highlight the prospects of private investments as a growth stimulus.

We looked at three exogenous variables or events to try to understand the potential for the growth of exports for Malaysia in 2014 and 2015.

[You must be registered and logged in to see this image.]

The first is the growth of the United States economy and how it will affect the growth of exports of emerging countries in general and Malaysia in particular.
Does a growing US economy means our exports will soon pick up steam? What does the evidence of the last seven quarters suggests and why.

The second is the growth of the Chinese economy and its relationship to Malaysian exports.  How far will the Chinese economy slow? What contributed to the growth of the Chinese economy in the past and is this sustainable? How important is China to Malaysia?

Finally, we looked at hard commodity prices. Why have prices collapsed in the face of strong expectations of global economic recovery? Is this not a contradiction? Were manufacturers overly optimistic and overstocking? Is there a story the commodity markets are telling us?

[You must be registered and logged in to see this image.]

And in reviewing the above, we will continue to tell our story on how we believe the Malaysian economy will unfold. So, stay tuned.


Tong Kooi Ong is executive chairman of The Edge Media Group. Feedback is welcomed at [You must be registered and logged in to see this link.].
Cals
Cals
Administrator
Administrator

Posts : 25277 Credits : 57721 Reputation : 1766
Male Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it I’️d have been right perhaps as often as seven out of ten times.”
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

Back to top Go down

Back to top

- Similar topics

Bursa Community :: Community News

 
Permissions in this forum:
You cannot reply to topics in this forum