KUALA LUMPUR: Kenanga Research is maintaining its growth forecast for Malaysia this year at 5%, even as it expects gross domestic product in the second half to exceed 6% on a rebound in exports and resilient domestic demand.
In a briefing with reporters on Monday, the brokerage's chief economist Wan Suhaimi Saidie said he sees the government continuing its fiscal consolidation agenda with the gradual removal of fuel and electricity subsidies, which could push inflation to over 3% next year from a projected 2.1% this year.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
