Predictions for 2016

In focus: The market expects the ringgit to average 4.40 to the greenback.

As the new year begins, StarBizWeek writers attempt to size up issues that would affect the economy - from the price of oil to asset quality in Indonesia - and how they would pan out during the year

Forecasting what is to come in 2016 is a hazardous job. Everything points to the next six months being tough for the country on the back of a slump in oil prices, low commodity prices and the rising cost of living as the Government undertakes to reduce its subsidy programme.