ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Mahathir revives high-profile council to boost growth

Malaysia's GDP accelerates for first time in 5 quarters

KUALA LUMPUR -- Malaysia's economy expanded 4.7% on an annual basis in the final quarter of 2018, ending the quarterly falls that began a year ago, as private spending resumed after the historic change of government last May.

But the government led by Prime Minister Mahathir Mohamad remained cautious about the growth outlook, partly due to uncertainties surrounding the ongoing trade war between China and the U.S. It recently set up a high-profile committee to tackle economic issues, including the high cost of living.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more