Malaysia 2014 GDP Forecast Raised to 5.6% by Capital Economics

Capital Economics upgrades target to 5.6% from 5.4% after 2Q expansion tops mkt forecast, Singapore-based economist Krystal Tan writes in research note. * Malaysia’s export recovery likely to continue, and large manufacturing base to cushion impact from lower commodity prices, Tan writes * Bank Negara Malaysia will probably increase policy rate by another 25bps by yr-end as real interest rates still negative after tightening in July: Tan * 2Q GDP data “will give the central bank room to further

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