Bank Negara: Malaysia’s GDP expands better than expected at 5.6 pct in the first quarter


KUALA LUMPUR (May 12): Malaysia’s economy recorded a better-than-expected expansion of 5.6 per cent in the first quarter of 2023 (1Q 2023) driven mainly by private sector expenditure. Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus said the factors supporting growth in the first quarter of 2023 (1Q 2023) include further expansion [...]

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