Malaysia’s growth likely picked up as factories keep humming — economists

KUALA LUMPUR (July 12): Malaysia’s economic growth likely picked up in the second quarter of 2024, driven by export-oriented industries even as the latest industrial production data came in weaker than expected, economists said.

Gross domestic product (GDP) likely grew 4.9% year-on-year (y-o-y) in the second quarter from 4.2% in the first three months of 2024, OCBC said in a note. That took…