EconWatch.com > Malaysia economy slumps in Q1 most in decade at Anwar Ibrahim

[Anwar Ibrahim] “In my view, Malaysia needs to urgently fine-tune its economy and design a whole new growth model that is not too dependent on exports or even FDIs (foreign direct investment), giving a bigger role to domestic demand to play as a major growth engine,” said Azrul Azwar Ahmad Tajudin, economist at Bank Islam in Kuala Lumpur.

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[Blog yOur Mind] Malaysia economy slides, Govt. plays down boost: Gross domestic product (GDP) rose 0.1 percent in the final quarter of 2008 from a year earlier, data showed on Friday, undershooting expectations for a 1 percent gain by economists in a Reuters poll. It also marked a sharp slowdown from the third quarter when GDP grew 7.3 percent from a year earlier.

[Vietnam RSS News Feed by Intellasia.Net] Malaysia April inflation seen at 12-month low -- Intellasia.Net: "Bank Negara will stand pat on interest rates. Not to say that it's no longer an issue where inflation is concerned, but that the monetary easing campaign has ended," said Azrul Azwar Ahmad Tajudin, a senior economist at Bank Islam.

[malaysia politic today] Father’s Racial Policy May Be Najib and mahatir’s ultra Racialist ...: “How he handles the economic crisis and political developments will show us if he has the mettle and staying power to be leader.” Najib, currently deputy premier, will replace Abdullah Ahmad Badawi, who failed to serve out his term after presiding over the coalition’s smallest election victory since Malaysia’s independence in 1957. Opposition leader Anwar Ibrahim won support from Indian and Chinese minorities in the March 2008 elections after pledging to scrap the race policy, open up the awards of government contracts and cut corruption.

[West Malaysia - Malaysians' blogging and news update for everyone] Malaysia to Unveil Second Stimulus Plan to Fight Economic Slump: Deputy Finance Minister Kong Cho Ha told the Chinese- language Sin Chew Daily last month the government will announce an additional package of 30 billion ringgit to sustain economic growth and stem rising unemployment.

[Thailand Property Update] Malaysia, India hit brakes: KUALA LUMPUR: Malaysia’s economic growth slowed to its weakest in eight years in the fourth quarter, hit by plunging exports and weak domestic demand, highlighting the need for a further fiscal stimulus to fight a looming recession.

[Financial 24 | Financial News] Malaysia economy slumps in Q1 most in decade... | Financial 24: 'In my view, Malaysia needs to urgently fine-tune its economy and design a whole new growth model that is not too dependent on exports or even FDIs , giving a bigger role to domestic demand to play as a major growth engine,' said Azrul Azwar Ahmad Tajudin, economist at Bank Islam in Kuala Lumpur .

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