S&P Global Ratings lowers Malaysia 2021 GDP growth forecast to 3.2%


KUALA LUMPUR: S&P Global Ratings has lowered its growth forecast for Malaysia to 3.2% in 2021 from 4.1% earlier.

“Strong international trade is providing a sizable buffer for growth this year. However, domestic demand is looking much weaker.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Malaysia , GDP , S&P

Next In Business News

Jinhua – a trading hub without borders
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Watts from water
AI disruption fears rock markets
Smart city can’t beat the traffic
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read