Slower growth but not heading into recession

KUALA LUMPUR: The Malaysian economy is expected to remain on the growth path driven by the resilience of private consumption and continuation of civil engineering projects, as well as the recovery from the supply side shocks, said Bank Negara Malaysia (BNM) governor Datuk Nor Shamsiah Mohd Yunus. The governor yesterday announced that the country’s gross domestic product (GDP) expanded 4.7% in the fourth quarter last year. The annual GDP growth for 2018 was also at 4.7%.

read more