Investment

Tuesday, August 4, 2009

Malaysia May Make Early Recovery From Crisis

Source: Bernama.Com

KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia is expected to be one of the first few countries in the region to recover from the economic crisis, said Ismail Dalla, a visiting professor at the School of Business, George Washington University, United States of America.

"Based on what's happening on the ground, it seems like we are already in the recovery mode," he said.

An international consultant on capital-market issues, Dalla said this when asked to comment on the country's economic outlook following a public lecture from him on "Malaysian fixed-income markets in the context of global bond markets".

Dalla, who has extensive experience in the financial markets including 25 years with the World Bank Group dealing with both the public and private sectors in the emerging markets, said recovery was on the way with indications of better gross domestic product growth.

His lecture programme here Monday was jointly organised by Graduate School of Management (GSM) University Putra Malaysia and RAM Holdings.

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