Razak says that despite a potential 5% growth for this year, growth for next year may need to be revisited as they take into account developments in the world economy.
Whether Malaysia rides out the storm unscathed or battered could be reflected in iShares MSCI Malaysia (EWM). In the last two weeks, Malaysia has been up 0.5% (and down 35% year-to-date), while the iShares MSCI EAFE (EFA) has been down 7.5% in two weeks (and down 37.5% year-to-date).
EWM is represented by the black line; EFA by the green.