Malaysia's solid Q1 GDP heralds more policy tightening


KUALA LUMPUR: Malaysia's economic growth picked up pace in the first quarter and was likely to accelerate further this year amid sustained demand and the reopening of international borders, the central bank said on Friday.

Gross domestic product rose 5% in the January-March period, faster than the 4% expansion forecast by a Reuters poll and up from 3.6% growth in the previous quarter.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

GDP , Bank Negara , policy

   

Next In Business News

China's central bank halts bond buying, possibly with eye on yuan
PETRONAS reaches final investment decision for Indonesia's Hidayah development
Sime Darby Property acquires two modern logistics warehouses in Selangor for RM232mil
Australian dollar near 2-year trough, ANZ sees Feb rate cut
Ringgit slightly up against US$ in early trade
Bargain-hunting to lift FBM KLCI after two-day plunge
Trading ideas: Public Bank, Gamuda, Dialog, Parkson, Yinson, Green Packet, T7, MPHB, NPC, SMI
Oil settles up as cold weather drives fuel demand
Dialog’s PSC receives final investment nod
Dayang’s profit margins at risk from PETRONAS capex cuts

Others Also Read