Malaysia Growth to Continue

Malaysia’s economy will continue its steady first quarter growth momentum into the subsequent quarters, in line with that of most advanced economies, according to an economist, Bernama reported. Sunway University Business School’s Economics Professor Dr Yeah Kim Leng, said the latest purchasing managers index readings of most advanced and large emerging economies, such as China and India, remained in positive territory, thus will have spillover effect on other countries, including Malaysia. “We expect the global tailwinds will sustain Malaysia’s growth momentum and importantly, we anticipate positive spillovers from higher exports to domestic private investment and consumption activities at least in the second and third quarter,” he said.