YearStarter 2023: Business – Economy did better than expected, but challenges abound

Private consumption made up 61.5% of GDP in the July-September quarter. – AZLINA ABDULLAH/The Star.

Caught in the headwinds of the pandemic, global conflict and rising costs, the Malaysian economy did better than expected. Challenges and risks abound but there’s room for optimism as things return to normal and consumer spending increases.

Good performance