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M'sia GDP forecast to grow amid debt concerns

A new debt threat in the form of 1MDB, which recently recorded a loss of RM665m, may be emerging

Kuala Lumpur

WHILE prospects for Malaysia's economic growth this year and the next remain strong, concerns about its stubbornly high government and household debt levels continue to cast a pall over its performance.

On Monday, at least two economic research houses predicted that the country's real gross domestic product (GDP) would record between 5.8 per cent and 6 per cent in 2014 from 4.7 per cent last year and remain slightly over 5 per cent in 2015.

Hwang-DBS Investment Bank maintained its growth...

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