PETALING JAYA: International investment bank Morgan Stanley Research has raised its 2014 economic growth forecast for Malaysia to 5.8%, from an earlier projection of 5.1%, on the back of stronger-than-expected exports growth.
It has also revised upwards its 2015 gross domestic product (GDP) growth forecast for the country slightly to 5.3% from 5.2%. As for 2016, Morgan Stanley expects Malaysia’s GDP to grow 5.4%.
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