MALAYSIA’s economic growth is the fastest among six Asean countries in the third quarter and also the first nine months of this year, and the country is “building resilience to face strong global headwinds,” said caretaker Health Minister Khairy Jamaluddin.

“Facilitated by decisive measures in transitioning to endemicity, we are building resilience to face strong global headwinds,” he said in his latest posting on Twitter.

“Political stability is crucial ahead of the election on November 19,” he added.

Citing data from various sources in Asean, he noted Malaysia’s stellar 14.2% gross domestic product growth in the third quarter (Q3).

Malaysia’s average nine-month GDP growth of 9.36% was also the highest in the region, ahead of second place Vietnam’s 8.8%, according to the chart he used in the same Twitter posting.

Vietnam’s GDP grew by 13.67% in Q3, followed by Philippines (7.6%), Indonesia (5.72%), and Singapore (4.4%).

Thailand has yet to announce its Q3 economic performance.

In the second quarter (Q2), Malaysia’s economy expanded by 8.9%, leading six other Asean countries.

Vietnam recorded a 7.72% expansion in Q2, followed by Philippines (7.5%), Indonesia (5.44%), Singapore (4.4%), and Thailand (2.5%).

Malaysians will cast their votes in the general election (GE) on November 19. – Bernama, November 13, 2022.