Malaysia's economy grows 5.3% in 3Q

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The story "Malaysia&#039;s economy grows 5.3% in 3Q" was covered 3 hours ago by The Star, a news publisher based in Malaysia.

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The Star 3h ago

Malaysia's economy grows 5.3% in 3Q - The Star

Quick Summary:

KUALA LUMPUR: The Malaysian economy expanded by 5.3% in the third quarter of 2024, driven by strong investment activity and continued improvement in exports.

Nevertheless, Malaysia’s favourable macroeconomic outlook and ongoing structural reforms would support the ringgit over the medium term.“Bank Negara will continue to ensure the orderly functioning of the domestic foreign exchange market,” it said.

ALSO READ: Advance estimates show Malaysia's economy expanded 5.“Overall, the Malaysian economy expanded by 5.2% in the first three quarters of 2024,” Bank Negara said.