Higher GDP forecast for Malaysia on better trade prospects


SERC seems to be the most bullish to date, with its executive director Lee Heng Guie(pic) saying Malaysia

KUALA LUMPUR: Some economists are turning more positive on the economic outlook for Malaysia this year, thanks to improving global trade prospects.

Economists at the Socio-Economic Research Centre (SERC) and MIDF Research, for instance, are looking at potentially revising upwards their 2017 gross domestic product (GDP) forecasts soon, while Standard Chartered Bank (Stanchart) did so yesterday.

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