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Slowing Malaysian economy poses challenge for Mahathir government

Mimi Sabreena 3:06:00 PM Informasi

KUALA LUMPUR (May 17): Malaysia’s annual economic growth slowed to 5.4 percent in the first quarter of 2018, leaving the country’s new government with the task of turning around an economy that has decelerated for two consecutive quarters.

Releasing the latest gross domestic product data on Thursday, the central bank said domestic demand would help growth stay favorable, though the January-March performance was below a median forecast of 5.5 percent given by a Reuters survey of economists.

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