GOLDMAN Sachs has reaffirmed its bullish view on the Malaysian economy, citing the country's participation in the regional export recovery, strong recovery in the private sector capital expenditure (capex) in the third quarter and expectations of bank lending growth to accelerate sharply next year.
In its latest newsletter, Goldman Sachs said it completely disagreed with the analysis that the country's economy was stuck in a low growth equilibrium amid a fading domestic demand impulse from private consumption.
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