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Malaysia's Economy Expands 4.2 Pct In 2016

KUALA LUMPUR, Feb 16 (Bernama) -- Malaysia's economy recorded a 4.5 per cent growth in the last quarter of 2016, underpinned by continued expansion in private sector expenditure, leading to a full year growth of 4.2 per cent.

The 2016 Gross Domestic Product (GDP) is however, lower than the five per cent and six per cent registered in 2015 and 2014 respectively.

On the supply side, growth continued to be driven by the manufacturing and services sectors, Bank Negara Malaysia (BNM) announced Thursday.....