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Malaysia's GDP likely to grow by 5.0% in 2015: Standard Chartered

Quotes from Standard Chartered:

-We expect sluggish export growth and an unfavourable base effect in 2014 to weigh on Malaysia's economic growth in 2015.

-We forecast 5.0% growth (previously: 5.5%)after a stellar performance last year. We expect growth to be slower in H1 (4.7% y/y) than in H2 (5.2%).

-Sentiment on the ground has also been adversely affected by the sharp fall in global oil prices, although this may boost global demand.

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