Malaysia's services, manufacturing growth set to continue in 2023


KUALA LUMPUR: Malaysia’s services and manufacturing growth, the big factor behind the country’s strong third quarter (Q3) gross domestic product (GDP) print, are projected to continue their growth into 2023.

Moody’s Analytics, in its latest Asia Pacific Economic Preview report, said the stronger year-on-year growth of 14.2 per cent in Q3 exceeded expectations with consumption and investment contributing significantly to the growth.

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!

Next In Business News

TMK: Chemistry at work
The benchmark effect
A step up with MY Value Up�
The steel surplus trap
Hengyuan rides the Mideast crisis
AEON Bank Biz introduces flexible financing for Shariah-compliant businesses
Happiness on paper but reality?
How skyscrapers keep lightning away
A street-level hazard
A time to stay selective

Others Also Read