Malaysia set to beat Moody’s GDP forecast


KUALA LUMPUR: Malaysia’s gross domestic product (GDP) for 2014 is set to exceed Moody Analytics’ forecast of 5.3% as technology production and the construction sector are helping to offset a slowdown in the energy sector.

Moody’s Analytics, in its report yesterday, said industrial production, which registered a strong finish in 2014, posed upside risk to its fourth-quarter Malaysian GDP forecast results due today.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , Moody's , Malaysia economy , forecast , gdp ,

   

Next In Business News

Industrial projects look increasingly attractive
Protecting trade is protecting yourself
Dutch Lady’s balancing act amid escalating costs
Fed dampens hopes for rate cut
F&N to use cost management measures
Yew Lee expects to return to profitability on wider customer base
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
Changing office space requirements
New initiative for infrastructure needs in Perak

Others Also Read