Malaysia records best economic growth in two yearsStaff Writer | May 19, 2017
The Malaysian economy in the first quarter of 2017 expanded 5.6 percent year-on-year, its best in two years since the first quarter of 2015, beating expectations and forecasts.
Asia Bank Negara Malaysia
Malaysia's economic growth in the last quarter of 2016 stood at 4.5 percent. BNM said in March it expected economic growth for the whole year to be between 4.3 and 4.8 percent, but the Q1 results gave it reasons to be more optimistic.
"Amid further improvement in the global economy, the Malaysia economy remains on track to register improved performance in 2017," said Muhammad. ■