Moody’s expects Malaysia’s growth prospects to remain strong

Moody's Investors Service said the prospects are underpinned by well-developed infrastructure, competitive services and manufacturing sectors, as well as ample natural resources.

KUALA LUMPUR: Moody’s Investors Service expects Malaysia's growth prospects to remain strong and it forecasts GDP to rebound by between 5% and 5.5% this year.

In its sector report on the banking sector on Tuesday, it said the prospects are underpinned by well-developed infrastructure, competitive services and manufacturing sectors, as well as ample natural resources.