Principal Financial Group optimistic on growth of Malaysia's economy

PETALING JAYA: Leading global financial services group, The Principal Financial Group remains optimistic on the long term growth potential of the Malaysian economy and maintains that this would be reflected in the local equity market.  

Its president Larry D. Zimpleman said: "We are very optimistic on the long term potential of the local economy, and hence the equity market. We expect to see a 10%-12% annual growth for the local bourse."