Bursa Malaysia Stock Watch
Malaysia 2011 GDP to grow 5.5pc: HwangDBS
kltrader
Publish date: Fri, 07 Jan 2011, 05:05 PM
kltrader
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HwangDBS Vickers Research Sdn Bhd expects Malaysia's Gross Domestic Product (GDP) to grow 5.5 per cent this year.
Its head of research cum director Wong Ming Tek said the expectation is based on the opinion that the country's economy this year will be at a normalised growth compared to the recovery growth last year.
He was speaking to reporters at the Market Strategy and Banking Sector Outlook for 2011 media session today.
He also said the growth would be supported by the execution of the 2010 initiatives such as Economic Transformation Plan (ETP) and the National Key Economic Areas (NKEAs) that will drive more capital market activities this year. -- Bernama
Its head of research cum director Wong Ming Tek said the expectation is based on the opinion that the country's economy this year will be at a normalised growth compared to the recovery growth last year.
He was speaking to reporters at the Market Strategy and Banking Sector Outlook for 2011 media session today.
He also said the growth would be supported by the execution of the 2010 initiatives such as Economic Transformation Plan (ETP) and the National Key Economic Areas (NKEAs) that will drive more capital market activities this year. -- Bernama
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