Malaysia

Malaysia

World Bank's lower GDP forecast for Malaysia bad news for local economy, say economists

The World Bank’s revision of its forecast for Malaysia’s economic growth from 4.3 per cent to 3.9 per cent bodes poorly for the local economy, economists warned.

While the 3.9 per cent projection showed that there is still some challenges ahead for Malaysia, experts are concerned about the potential impact on the country's economic stability and growth prospects.