Recently Released Market Study: Malaysia Freight Transport Report Q4 2012
Our Malaysia freight outlook remains comparable to last quarter, with subdued economic growth holding back transport demand. However, the release of new official freight volume data for past years has caused us to rework some current estimates and forecasts; in addition we continue to monitor a range of downside risks. On economic growth, we still take a below-consensus position, stressing the dampening effects of lower demand from the country's key export markets such as Singapore, the US, and China. We...
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