Economy to grow below 5%, predicts think-tank
Exports rebounded in April after two successive months of contraction, with Malaysia expected to be a beneficiary from a protracted US-China trade war. – AFP pic, June 24, 2019.
A THINK-TANK today maintained Malaysia’s gross domestic product growth at 4.5%-4.7% for 2019, below the 5% as projected by Prime Minister Dr Mahathir Mohamad. Lee Heng Guie, executive director of the Socio-Economic Research Centre , said its projections are based on the contraction in exports and slowdown in private investment figures as well as continued uncertainty in global trade tensions.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PAS deputy president predicts imminent Pakatan collapse | The Malaysian InsightTuan Ibrahim Tuan Man tells party to prepare for early poll, the ruling coalition will not last.
Read more »
Tough to hit Dr M's 5% GDP target, says think tankThe Socio-Economic Research Centre says it is sticking to its forecast of 4.5% to 4.7% for the year.
Read more »
Malaysian chocolate exports top RM1 billion in 2018 | The Malaysian InsightTeresa Kok says this compares to RM471 million recorded in 2015.
Read more »
UK minister to visit Iran for crisis talks | The Malaysian InsightMove comes after President Donald Trump said the United States was ‘cocked & loaded’ to strike.
Read more »
Sarawak leaders slam ‘stupid’ Guan Eng over bankrupt claim | The Malaysian InsightThe finance minister has said that Sarawak's coffers will go empty within 3 years.
Read more »
Johor exco closes schools in toxic pollution zone | The Malaysian InsightAs authorities battle to find the source of the leak in Pasir Gudang, state government closes nearby schools.
Read more »