“Malaysia’s economic outlook is expected to deteriorate significantly in 2015 following three years of robust growth, and experts say it’s not just due to crashing oil prices.

Sharp currency depreciation and the introduction of a goods & services tax (GST) are widely expected to drag 2015 gross domestic product (GDP) growth below 5 percent from an estimated 5.8 percent in 2014.

The dramatic decline in crude is also playing a role for emerging Asia’s only major energy exporting economy. Brent’s 54 percent plunge over the past six months has noticeably hurt Malaysia, where petroleum products and liquefied natural gas account for 14 percent of exports.”

http://www.cnbc.com/2015/01/07/its-not-just-oil-trouble-brews-for-malaysia.html

http://www.cnbc.com/2015/01/07/its-not-just-oil-trouble-brews-for-malaysia.html http://asocialistmalaysia.blogspot.jp/2011/10/malaysia-effects-of-global-crisis-felt.html