BACK in 2015, many had predicted that the Malaysian economy would dip into recession by 2018, or even earlier. Given this background, what is the prospect for the Malaysian economy next year? In fact, according to Malaysian Institute of Economic Research (MIER) analysis, Malaysia may even arrive at the high-income status as early as the first quarter of 2018. The consensus forecast for Malaysian economic growth in 2018 is within the range of 5.5 to 5.8 per cent, with the prospect of stable inflation and low unemployment. And without a doubt, the recently unveiled 2018 Budget, touted as the “mother of all budgets”, will further boost the Malaysian economy as we approach 2018, especially the people part.

Source: New Strait Times December 29, 2017 01:30 UTC