KUALA LUMPUR: Malaysia may become the second fastest growing economy in the region, behind only the Philippines, next year with a projected growth rate of 5.2 per cent, Public Investment Bank said. “The earnings growth will be underpinned by the country's stronger economic performances cascading into corporate and consumer Malaysia,” the research house said in a note. On ringgit, PublicInvest said there is still some room to improve, albeit muted and not in the manner seen in 2017. Being an open economy, Malaysia will be at risk.”On global economic outlook, PublicInvest sees efforts to ensure sustainable global growth and this will be the impetus that could lift growth higher this year. The normalization of global capital flow suggests that global financial markets will continue to be up and running, emerging as the lynchpin of global growth, it added.

Source: New Strait Times December 15, 2017 01:30 UTC