M’sia seen growing 5% in 2015 despite uncertainties

PETALING JAYA: Despite rising external uncertainties, Malaysia is expected to grow at a moderate pace of 5% in 2015, after taking into account the strong first quarter expansion and expected gradual recovery from the goods and services tax (GST).

Hong Leong Investment Bank (HLIB) Research said modest recovery is seen in the second half after a pull-back in the second quarter due to the GST imposition.