Malaysian growth expected to ease after robust Q1: AffinHwang
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Kuala Lumpur
ECONOMIC activity in Malaysia is expected to taper off significantly in the second and third quarters, as consumers hunker down after frantic stocking in the lead-up to the new consumption tax, which plumped up the economy by 5.6 per cent in the first three months of this year.
High household indebtedness and considerable leverage at quasi-public and corporate levels are likely to compound the anticipated slowdown, economists say.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
