22.10.2008 - Malaysia: Stabilising commodities to mitigate slowdown
From Thestar.com.my: The Malaysian economy is set to slow to 4% in 2009 due to the impact from sluggish global economic growth, but stabilising crude oil and crude palm oil (CPO) prices will help mitigate the slowdown, analysts said. “We’ve a forecast gross domestic product growth of 4% for next year, definitely not the most conservative in town but at a level we’re comfortable with since Bank Negara will more than likely come out with a figure of between 4% and 5%,” said Chris Eng, associate director at OSK Research Sdn Bhd..... Full Article: Source
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