It seems recession is going to hit our shores much earlier than expected by our government. As reported by TheMalaysianInsider.com.my our trade partners US, China and other Asian countries business are slowing down much faster. Several banks already estimated that our economic growth for next year will be between 0.5 and 2.0 percent, a figure [...]
The effect of Wall Street free fall is taking its toll to bourses around the world. Our KLSE index were also affected and had dipped further to 905.23 point on October 17, which is the lowest so far. The worst is yet to come since more than 30% of our exports are for the US [...]
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