THE significant upgrade of Malaysia’s economic growth forecast by the Asian Development Bank (ADB) has drawn mixed views, with one saying that it may be premature.
“I believe the move by ADB is premature; there was some measure of seasonal effect at work that boosted our second quarter gross domestic product (GDP) growth figure,’’ said Inter Pacific Securities head of research Pong Teng Siew.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
