Malaysia may be among the earliest to bounce back (BT)

MALAYSIA may be one of the earliest countries in the region to recover from the current economic crisis in 2010, backed by increasing export demand, Global and Entrepreneurial Finance Research Institute (GEFRI) visiting scholar Ismail Dalla says.
He said demand for Malaysian exports has started to kick in, especially from countries like China, which have begun to stockpile electrical components ahead of the festive season.
“Based on what’s happening on the ground, it seems like we (Malaysia) are already in the recovery mode,” he said.
Ismail said this after giving a public lecture titled “The Malaysian Bond Market in the Global Context”, which was jointly organised by Universiti Putra Malaysia’s graduate school of management and RAM Holdings Bhd in Kuala Lumpur yesterday.
He said the expected recovery of the US economy early next year and its increasing consumer spending are also factors which will help with the fast recovery.

Ismail, however, stressed that Malaysia needs to continue diversifying its exports and reaccess the strategy used for the economy.
Based at George Washington University in Washington, the US, Ismail has an extensive experience in financial markets, including over 20 years with the World Bank Group.