Malaysian economy to perform well relative to other Asian nations

SINGAPORE: The Malaysian economy is poised to continue well relative to other Asian nations as it is supported by strong private consumption growth, says Anthony Yau, Head of Asian Emerging Markets at State Street Global Advisors.

He said the country's economy compared favourably to other Asian nations in terms of Gross Domestic Product (GDP) growth. "Private consumption has been the primary driver here as it is among the strongest in the region and continues to be supported by widespread pay raises for civil servants heading into the elections," he told Bernama.