KUALA LUMPUR: Despite the headwinds from US Federal Reserve trimming its quantitative easing (QE) programme and the constraint on household spending brought on by cost hikes, RAM Ratings expects the domestic economy to expand 5.1% in 2014.
In a report, RAM said the economy would be anchored by resilient domestic demand and rebound in exports on the back of a more convincing recovery momentum in developed economies.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
