KUALA LUMPUR (April 12): RHB Research Institute Sdn Bhd is projecting Malaysia’s real gross domestic product (GDP) to grow 4.5% in 2017, up from 4.2% in 2016. “We envisage real GDP to hold up at 4.5% y-o-y in 1Q, matching the growth in 4Q16. “Looking ahead we expect GDP to grow 4.5% in 2017, up from +4.2% in 2016, on account of:1. A stronger-than-expected recovery in exports, on the improvement in the commodity sector. A sustained increase in domestic demand, on the back of resilient consumer spending;3.

Source: The Edge Markets April 12, 2017 00:11 UTC