World Bank estimates Malaysia's economy to grow 5.5% in 2022


KUALA LUMPUR: Malaysia’s economy is expected grow 5.5 per cent this year, driven by recovery in domestic demand, expansion in exports, and reopening of borders, according to a World Bank report.

It said the external sector will continue to lend its support, especially that of electrical and electronics (E&E) goods and medical rubber gloves.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
World Bank , GDP , EAP , US , China , Russia-Ukraine conflict

Next In Business News

Sports Toto sells stakes for RM16.61mil
Inokom opens RM300mil paint facility
MR DIY 2Q revenue higher
West River bags RM23mil DC job
Prudent risk management to anchor RCE Capital performance
Yoong Onn unit appoints contractor
Tengku Zafrul calls for stronger Asean cooperation to bolster energy security
Cypark gets nod for Phase 2 WTE plant
Yoong Onn’s Singapore unit appoints contractor for RM41.18mil project
MR DIY 2Q26 net profit falls to RM134.4mil

Others Also Read