Published: 2009/05/29
MALAYSIA'S six-month smoothed leading index, a forward looking measure of economic activity, rose 0.5 per cent in March, the Department of Statistics said today. In February, the six-month smoothed index fell 0.7 per cent. “The six-month smoothed growth rate of leading index (LI) has gradually improved since January 2009.
If the growth momentum of LI persists, the economic slowdown is expected to turn around in the third quarter of 2009,” said the department. The smoothed index removes one-off statistical events in its calculation and is the only forward looking economic indicator released by Malaysia. -- Reuters
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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