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KUALA LUMPUR: The World Bank projects Malaysia's economy to continue at a strong pace of 5.2% in 2018, though slightly slower compared with the expected 5.8% growth this year.
KUALA LUMPUR: The ringgit will remain under pressure next year as volatility and uncertainty in the global financial markets continue to impact capital flows. According to the World Bank, the level of uncertainty and volatility would likely trend higher next year on several counts.
KUALA LUMPUR: The emerging markets’ (EM) public sector should be active in promoting structural reforms that will help the countries, societies and economies to adapt to major global opportunities, said World Bank Group South East Asia, East Asia and Pacific Region country director Dr Ulrich Zachau.
KUALA LUMPUR: Malaysia's strong financial system even among its Asean peers and beyond has not only impressed others but its expertise was now being sought after by many, says the World Bank Group.