Positive Economic Outlook for Malaysia

Based on the report of Securities Commission Malaysia (SC), the economic growth of Malaysia is projected to kept unchanged at 4 to 5 percent for this year. This steady rate is driven by stable level for exports and private domestic demands.

Included also in the commission’s annual report for 2016 is the weak stance of the Malaysian Ringgit which is seen as undervalued and further open doors for international investments within the local market.

According to the current evaluations of SC, the estimated total capital for the primary and secondary markets will rose from RM102 billion to RM105 billion within this year as to the amount of funds provided in the previous year worth RM98.5 billion.

The fundraising was expected to improve by 2017 by reaching RM7 billion to RM9 billion as its initial public offerings while the secondary market deemed to raise RM10 billion to RM11 billion.

The release also mentioned that earnings growth rate is predicted to recover a positive trend for this year as more project for infrastructures and improved economic fundamentals were expected.