Slower second half economic growth seen

KUALA LUMPUR: Malaysia’s economic growth is likely to moderate in the second half of 2017 (2H17), largely due to a high base effect in total exports value, according to Socio Economic Research Centre (SERC).

The economic think tank’s executive director Lee Heng Guie said the country’s gross domestic product (GDP) is expected to grow by 5.4% in 2H17, compared with 5.7% in the first six months of this year.