Malaysia's GDP records stronger Q3 growth
Reasonably robust expansion of 5% helps keep alive PM Najib's claim he can cut budget deficit to 4% of GDP this year
Kuala Lumpur
MALAYSIA'S third quarter registered stronger growth of 5 per cent in real gross domestic product (GDP) terms, up from the 4.4 per cent registered in the previous quarter and roughly in line with government forecasts for the whole year.
Released by Malaysia's central bank yesterday, the figures revealed that the country grew by 4.53 per cent during the first nine months of the year, in line with the government's forecast of between 4.5 per cent and 5 per cent for the whole year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
New Articles
Singapore top recipient of Q1 cross-border investments in Apac: Knight Frank
Dasin Retail Trust’s trustee-manager chairman, directors deny allegations of misconduct
Keppel Infrastructure Trust posts 29.1% lower Q1 distributable income
Bitcoin faces worst month since FTX crash with ETF demand cooling
AIA launches wealth centre targeting high-net-worth clients
Prudential’s Q1 new business profit down 2% at S$743 million