Malaysia’s economic growth slows down in Q1
The Malaysian economy was dragged down by lower business investments due to rising costs and lower oil prices. As a part of their efforts to boost growth, Malaysia’s central bank kept its benchmark rate unchanged in March despite accelerating inflation.
The economy is likely to expand 4% to 4.5% this year in line with the government’s projections. On the other hand, the government expects inflation to rise between 2.5% and 3.5% in 2016.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- European PE markets set for 2nd bullish month on rising costs
- Turkey’s PP and PE markets propelled to a firm start to H2 despite vulnerable conditions
- Asian PVC sees V-shaped recovery in Q2, what will Q3 bring?
- Will capacity additions cast cloud on ethylene upsurge in Asia?
- US PVC offers in Egypt rise steadily but resistance grows in tandem
- PE buyers’ resistance grows in SEA; duty-free origins more competitive than Mid-East
- Polymer demand cools in Turkey: Is price correction ahead for PP, PE and PVC?
- China’s rising PET trend takes a pause, but longer-term outlook remains firm
- Uptrend in China’s import PP market continues but cautious mood returns
- Hikes in Asia July PVC offers baffle some buyers, further rally under discussion