(EnergyAsia, March 8) — Malaysia’s economic outlook has worsened following last month’s surprise decision by the government to raise fuel prices by between 18.5% and 23.5%, said MayBanSecurities. In a special report, MayBan said:”We believe raising the (fuel) prices will dampen economic growth. The government’s move to hike gasoline and diesel pump prices by…
MALAYSIA: MayBan sees ‘unexpected’ oil price hike as inflationary, worsens economic outlook
Posted on March 8, 2006 by EnergyAsia