PETALING JAYA: The economic growth in emerging East Asia would likely moderate next year, with Malaysia posting a full-year growth of 5% against a weaker global economic outlook and the overall phasing out of fiscal and monetary stimulus plans, said Asian Development Bank (ADB).
In its bi-annual report on Asia Economic Monitor December 2010, ADB said external demand would remain subdued, given the weak and fragile recovery in advanced economies while export growth was expected to ease after a strong rebound early this year.