Malaysia’s GDP in 3Q2015 expanded 4.7% to record a real GDP of RM292 billion. Net foreign direct investment (FDI) was RM27.05 billion in the first nine month of 2015.
Manufacturing attracted the highest net investments at RM11,670 million (43%), followed by mining and quarrying at RM11, 701 million (40%), primarily by the oil & gas
The overall market sentiment has generally been affected by the implementation of the Goods and Services Tax (GST) on 1st April 2015, subsidy rationalisation by the Federal Government, the drastic drop of crude oil price since end of 2014 that reduced significantly revenue collectable by the Federal Government, the continuous
weakening of Malaysian Ringgit, and a certain jittery in the political situation.