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Malaysian economy to remain on steady growth path

Last update: 14/03/2019
KUALA LUMPUR, March 14 (Bernama) -- Backed by firm domestic private sector activities, the Malaysian economy is anticipated to remain on a steady growth path against the backdrop of a more challenging and uncertain global environment.

Growth would be supported by sustained manufacturing activities and resilient services sector expansion, especially in wholesale and retail trade sub-sectors, the Securities Commission (SC) said in its 2018 annual report.

“On the demand side, steady wage and employment growth will continue to drive private consumption expansion while new and ongoing projects in the services and manufacturing sectors will remain supportive of private investment growth.

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