RHB Research Institute
Signs point to uneven economic recovery in Malaysia, research institute says
The economy is recovering in Malaysia but at an uneven pace said RHB Research Institute following the release of last December's leading economic indicators.
The research house said in a report on Tuesday that the country's leading index, which provides an early signal as to the direction of the economy, had recovered only modestly in December 2011, after plunging in November and registering an uptick in October.
Malaysia's GDP forecast down for Q4, says RHB
Malaysia is likely to register a sharp drop in its economic growth in the fourth quarter of last year due to slower exports, said RHB Research Institute in a report on Tuesday.
RHB said that a moderation in industrial and manufacturing activities suggests that economic activities are likely to have weakened in the fourth quarter of last year with GDP growth softening to 4.8 percent from 5.8 percent in the third quarter.
