Malaysia's solid Q1 GDP heralds more policy tightening


KUALA LUMPUR: Malaysia's economic growth picked up pace in the first quarter and was likely to accelerate further this year amid sustained demand and the reopening of international borders, the central bank said on Friday.

Gross domestic product rose 5% in the January-March period, faster than the 4% expansion forecast by a Reuters poll and up from 3.6% growth in the previous quarter.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

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!
GDP , Bank Negara , policy

Next In Business News

Ringgit closes slightly higher against US$, major currencies
Titijaya, Permodalan Negeri Selangor ink consortium agreement to undertake RM343mil housing project
HSS Holdings' ACE Market IPO 10.56 times oversubscribed
Capital A says no losses expected from Teleport, Big Pay notice of seizure
Bermaz Auto's 4Q net profit jumps to RM46.62mil
AIM to explore business development with Beijing ZhenHealth Tech
Forest City SFZ can exceed RM2bil investment target this year
Weststar Maxus, Yinson Greentech ink deal for 300 electric commercial vans
Wawasan QI's Kami Builders issues RM90mil SRI sukuk
Heavyweight stocks lift Bursa Malaysia, pare losses at midday

Others Also Read