The Business Times report points to conflicting signals from technical indicators within the Malaysian economy that could suggest the recent strength may begin to stall due to adverse external forces, such as weakness in the U.S. and equities, which could hinder the pace of global growth, along with rising inflation.
Malaysian Prime Minister Datuk Seri Najib Tun Razak recently revealed nine new initiatives under the Economic Transformation Programme (ETP), according to Property Report. The nine new projects could bring in $748.5 million in investments, a GDP impact of $6.15 billion and create 36,595 jobs by 2012. Najib has stated that previous projects under the ETP has generated $56.19 billion in vestments, $72.63 billion in GDP and created 362,396 jobs.
The agriculture sector will be a key beneficiary under the programs, and other projects include improved communications infrastructure and green technologies.
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- iShares MSCI Malaysia
