Stronger economy: A view of Kuala Lumpur’s skyline with the Petronas twin towers in the background. Economists are forecasting a 4.5 growth in the October-December period.
KUALA LUMPUR: Malaysia’s economy is expected to have grown at a faster pace in the fourth quarter, supported by its oil and commodity exports after over a year of tepid global demand that bodes well for a more durable recovery over 2017.
Rebuilding confidence in Malaysia’s economy is key for Prime Minister Najib Razak as investor morale has been shaken over the past two years due to ebbing demand from major trading partner China and a corruption scandal involving state fund 1Malaysia Development Bhd (1MDB).
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