Malaysia's 2022 GDP Excites But What's In Store For 2023?

Woon Khai Jhek, Head of Economic Research & Senior Economist, RAM Ratings

13-Feb-23 07:45

Malaysia's 2022 GDP Excites But What's In Store For 2023?

Pause
Embed

Malaysia’s GDP in 2022 recorded the highest annual growth rate in more than 2 decades at 8.7%, which was higher than the median estimate of 8.6% in a Bloomberg survey. As for the last quarter of the year, the economy expanded by 7% y-o-y. The services sector recorded the highest growth in 2022 at 10.9%. Can Malaysia be shielded from a challenging global environment and what growth can we expect for 2023? For answers we speak to Woon Khai Jhek, Head of Economic Research and Senior Economist at RAM Ratings.

Image credit: Shutterstock

Produced by: Moh Heng Ying

Presented by: Wong Shou Ning, Philip See, Chong Tjen San

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: economy, government

Tags: malaysia gdp, post pandemic recovery, gdp growth projection,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) In a global debt market of over $100 trillion, the Shariah-compliant Sukuk market has just crossed its own major milestone: $1 trillion. But what exactly are these Islamic financial instruments, how do they differ from conventional debt, and what's driving their rapid growth? Bashar Al Natoor, Global Head of Islamic Finance at Fitch Ratings, joins us to get into all this and more.

12:00 PM

Popcorn Culture

(REPEAT) In the spirit of Merdeka and Malaysia Day, we review three local short films and then on Take 2 go through your favourite Malaysian movies.

1:00 PM

Cruise Control

(REPEAT) It's a review of the new, competitively-priced BYD Atto 2 in this week's episode. Tune in to hear Daniel's thoughts on this car.

2:00 PM

Matt-Splained

(REPEAT) Today, Rich Bradbury and Matt Armitage pose the most explosive question of all and ask: AI, ya basic?

3:00 PM

Earth Matters

(REPEAT) We speak to Dr. Non Arkaraprasertkul, Senior Expert at Thailand’s Digital Economy Promotion Agency, about his work on smart city projects across ASEAN and how technology, policy, and people’s needs can create greener, more livable cities.

4:00 PM

Bar None

(REPEAT) A local football agent joins us in this episode to talk about his world and what goes around in it. Is it as glamorous as it seems?

5:00 PM

BBC World Service

This episode of The Conversation features two women who are managing orchestras in Hungary and the UK.

PROGRAMMES