Stronger economic growth for 2017

KUALA LUMPUR: Economists in the private sector are upgrading their growth predictions for Malaysia, with many expecting the pace of the country’s economic expansion this year to exceed the Government’s own forecast, backed by strong foreign demand and solid domestic demand.

Malaysia reported a 5.6% growth in the first quarter of this year, buoyed by surging demand from overseas for electronic components used to make smartphones and other gadgets.