September Economic Data & Analysis
We focus on political economy news update, giving interest reference to Malaysian Chinese businesses.
Date: September 2007 Issue: 0002
Current Economic Data & Analysis
(For full report click here to download pdf)
Malaysia
KLSE index drop to a 6 month low in mid August due to the US subprime mortgage problem. Second Finance Minister ensures that Malaysia has sufficient tools and strengths within its economy to withstand a slowdown in the global economy.
Inflation rate moderated to 1.6%. Ringgit traded weak around US$1 = RM3.50. Trade surplus fell 11.7% to RM7.98bil from 9.04bil in 2006. Non performing loans in banking institutional improved to 3.8% in July. Real GDP expanding by 5.7% in the 2nd quarter of 2007......