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Tuesday, August 19, 2014

Our economy in 2Q14

Folks,

The latest article I wrote was about Malaysia's economy in the second quarter of 2014 (2Q14). Apparently, our economy has recorded robust growth which beats the Bank Negara Malaysia's GDP 2014 forecast between 4.5% and 5.5%.

And in an interview with them last week, Nomura Securities economist projects that our economy will expand to 6% in 2014.

Source: The Edge Financial Daily, Monday, August 18, 2014, page 6

Our economy grew 6.2% and 6.4% in 1Q14 and 2Q14, respectively.
In the six month of this year, (1H14), the economy grew by 6.3%.

You can read the statement by Bank Negara Malaysia for 1Q14 here, and 2Q14 here.

For other research reports on analysis of the 2Q14 GDP, please find it here:

#
Research House
Research Report Title
GDP Forecast
Previous Forecast for 2014
Latest Forecast for 2014
1
BIMB Securities
Malaysia’s economy accelerates in 2Q
(click here to read)
5.2%
5.8%
2
Hong Leong Investment Bank (HLIB) Research
2Q14 GDP: Surprise On the Upside
(click here to read)
5.7%
6.0%
3
DBS Research
Daily Breakfast
(click here to read)
5.2%
Will be announced in September
4
M&A Securities
Najibnomics is Working: 1H14 GDP at Solid 6.3%
(click here to read)
5.0%
5.5%
5
AmResearch
Malaysia sustains robust growth in 2Q14
(click here to read)
5.3%
5.7%
6
CIMB Research
2Q14 GDP: strong growth spells rate hikes in Sep
(click here to read)
5.5%
6.0%
7
JF Apex Securities
2Q GDP: Surprise, surprise
(click here to read)
5.3%
5.5%
8
AllianceDBS Research
2Q sizzles on stronger exports recovery
(click here to read)
6.0%
5.5%
9
MIDF Research
2Q 14 Real GDP stronger-than-expected, growth to moderate in the 2H 2014
(click here to read)
-
5.5%
Source: various

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