Malaysia’s GDP seen advancing 4.4%, economy bottomed out last year


Lee: ‘The ongoing implementation of public transportation-related infrastructure projects and continued investments in the manufacturing and services sector will help promote private investments.’

PETALING JAYA: The Malaysian economy is expected to grow by as much as 4.4% this year, a slight improvement from 2016’s 4.2%, anchored by the ongoing implementation of infrastructure projects in the country, said economists.

Socio-Economic Research Centre executive director Lee Heng Guie said Malaysia’s economic had already “bottomed out” in 2016.

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 , Lee Heng Guei , Alan Tan , Rehda , Malaysia , GDP , economy , bottomed , out , last , year , ringgit , dollar , oil , gas ,

   

Next In Business News

NCT Group enters MoUs with Smartsel and Mikro
Pasukhas climbs 35% on contract news
Ringgit jumps 225 basis points at opening on mixed US economic data
Sustained buying interest boosts FBM KLCI
Trading ideas: Pasukhas, BHIC, JAKS, Protasco, Sarawak Cable, Epicon, Annum, Yinson, Ajinomoto
New warehouses poised to propel Tasco
Australian airport project expected to fuel PGF’s earnings
Epicon exits PN17 category
Duopharma’s new RM578mil contracts a positive
IOIProp to gain from higher wages

Others Also Read