Lavanya Venkateswaran

Money Moves

Called Q3 growth robust; sees Bank Negara rate normalisation by January, with November a close call

Malaysia's economy grew 5.3% in the third quarter, beating the 5.1% median forecast in a Bloomberg survey of economists. The advance estimate from the Department of Statistics, released October 16, shows manufacturing accelerating to 7.5% on global demand for AI chips; mining was the only major sector to contract.

Updated Yesterday