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Business 25 Apr 2019 | 12:00 AM

Growth forecast at 4.7%

KUALA LUMPUR:: The World Bank Group has maintained Malaysia’s 2019 gross domestic product (GDP) growth forecast at 4.7%, driven by private consumption.

Economy 26 Mar 2019 | 12:00 AM

Concerns raised about impending slower growth in Malaysia

PETALING JAYA: While the Malaysian economy may not be as sluggish as initially feared, there is little optimism that the country will be able to do better than last year.

Business 31 Dec 2011 | 12:00 AM

2011: Annus horribilis

Tan sri lin see-yan predicts thatthings are likely to become moreunsettling in 2012 before they getbetter.

Banking 26 Nov 2018 | 12:00 AM

Bank Islam expects 7%-8% loan growth next year

KUALA LUMPUR: Bank Islam Malaysia Bhd expects to achieve a loan growth of 7% to 8% next year, slightly lower than this year’s target, amid the challenging business environment.

Business 24 Mar 2017 | 12:00 AM

Malaysian economic growth to be better this year than last

PETALING JAYA: The Malaysian economy is expected to see some recovery, with growth set to pick up this year. According to Bank Negara estimates, the economy this year should grow at a range of between 4.3% and 4.8%. Last year, the economy grew 4.2%.

Business 20 Jan 2015 | 10:25 AM

China posts weakest annual growth in 24 years, more stimulus expected

BEIJING/SHANGHAI: China's economic growth held steady at 7.3 percent in the fourth quarter from a year earlier, slightly better than expected but still hovering at its weakest since the global financial crisis, keeping pressure on policymakers to head off a sharper slowdown.

Business 02 Jun 2015 | 6:43 AM

Cautious consumers cast doubt on US growth outlook

WASHINGTON: U.S. consumer spending growth unexpectedly stalled in April as households cut back on purchases of automobiles and continued to boost savings, suggesting the economy was struggling to gain momentum early in the second quarter.

Banking 14 Apr 2017 | 12:00 AM

World Bank forecasts modest growth for M’sia

KUALA LUMPUR: The World Bank has projected a modest growth forecast for Malaysia at 4.3% this year and 4.5% in 2018, mainly driven by private consumption.