KUALA LUMPUR: The World Bank has projected a better growth for the Malaysian economy in 2017 and 2018, backed by manufacturing growth and commodities. "The World Bank predicts that Malaysia's economic growth in 2017 and 2018 will be better compared to the 4.0 per cent targeted this year." According to the World Bank's latest global outlook, growth in the region will be resilient over the next three years. China is expected to grow from 6.7 per cent in 2016 to 6.5 per cent next year and 6.3 per cent in 2018. In the rest of the region growth is projected to remain stable at 4.8 per cent in 2016 before picking up in 2017-2018.

Source: New Strait Times October 05, 2016 04:05 UTC