Malaysia's economy still robust: FXTM

May 17, 2018 | By | Reply More

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KUALA LUMPUR: Malaysia’s first quarter 2018 gross domestic (GDP) growth of 5.4 per cent has provided investors with another reminder of the economy’s robust nature.

In a statement today, ForexTime Ltd Currency Strategy and Market Research Global Head Jameel Ahmad said as long as economic growth in Malaysia remained above five per cent, there would be no concerns over the performance of the economy.

“While headline news is likely to be led by a statement that growth is slowing down in comparison with last year, you cannot underestimate the significance that growth levels seen in Malaysia are still far beyond those in the developed world.

“From a macro-perspective, this is what investors will keep an eye out on and likely be impressed by this GDP reading,” he added.

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