RAM: Economy likely to grow at faster pace
17 May 2017 Print page
KUALA LUMPUR: Malaysia’s economy is expected to grow at a faster pace of 4.8% in the first quarter ended March 31, underpinned by external demand due to stronger exports, says RAM Ratings.
The ratings agency said the growth would be higher than the 4.5% in the preceding quarter of 4.5% in Q4, 2016. It said the major factor for the stronger Q1 growth was the sustained upward momentum in external demand which has provided the main boost to growth amid resilient domestic demand.
Source : http://www.thestar.com.my/business/business-news/2017/05/16/ram-economy-likely-to-grow-at-faster-pace/#lMy4lXFucSZk3qBG.99