Economy seen to recover in H2 after slow first quarter

The central bank said on Thursday for 2019, domestic demand will remain the key driver of growth though it was cautious about moderating global growth and its fallout on the local economy.

PETALING JAYA: The Malaysian economy will bounce back in the second half after registering what is expected to be the slowest quarterly expansion since the second quarter of 2016 during the first three months of the year.

AmBank Research said the economy, moving forward, is also set to benefit from the commencement of 121 construction projects now valued at RM13.93bil by the Pakatan Harapan government, after having cut cost by RM805.99mil.