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BERNAMA THE MALAYSIAN NATIONAL NEWS AGENCY: MALAYSIA'S ECONOMIC PREDICTABLITY & POLITICAL STABILITY IMPROVE .

BERNAMA The Malaysian National News Agency

| March 26, 1999 | COPYRIGHT 1999 Bernama - Malaysian National Agency. (Hide copyright information)Copyright

KUALA LUMPUR, March 26 (Bernama) -- Economic predictability and political stabilty, two key issues which are of concern to investors, have improved in Malaysia, said Goldman Sachs, a US-based financial institution.

Goldman Sachs, which is engaged in international investment banking and securities, has also predicted that Malaysia would achieve an economic growth of 2.0 percent this year.

It said the country's better economic prospects were helped by the aggressive treatment of bank restructuring with little political interference.

"Meanwhile, the struggle in UMNO (the dominant party in the Barisan Nasional ruling coalition) is cooling," it said in a …

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