Quotes from Standard Chartered:
-We also lower our 2015 current account (C/A) surplus forecast for Malaysia to 2.5% of GDP from 5.3%, owing to likely headwinds to exports in H1. The C/A surplus increased to 4.6% of GDP (MYR 49.5bn) in 2014 from 4.0% (MYR 39.9bn) in 2013.
-However, it was only 2.2% in Q4-2014. We are concerned about the significantly wider services and primary income deficits in Q4-2014. We expect the goods surplus to be adversely affected by lower commodity prices (which will likely depress export values) and lacklustre global demand.
