Malaysia on V-shaped recovery mode


Malaysia is poised for a V-shaped recovery as seen in the bullish performance of the domestic equity market, ringgit, and some economic data amid improved business as well investor confidence.

PETALING JAYA: Malaysia is poised for a V-shaped recovery as seen in the bullish performance of the domestic equity market, ringgit, and some economic data amid improved business as well investor confidence.

Inter-Pacific Asset Management Sdn Bhd chief executive officer Datuk Dr Nazri Khan Adam Khan said a full recovery is on the way soon for Malaysia as the economy is picking up in a V-shape after two consecutive quarters of contraction in the gross domestic product (GDP).

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Malaysia , economy , V-shape , growth , ringgit , market

Next In Business News

Cypark fully redeems Tranche 1 perpetual sukuk musharakah worth RM235mil
Pharmora raises Apex Healthcare stake to 94.94% in takeover offer
Genting Vista issues RM3bil unrated medium-term notes
Ringgit ends firmer vs US$, major currencies
Late buying lifts Bursa Malaysia's key index to close firmer
HeiTech Padu to supply ICT equipment to Hospital Miri for RM17.62mil
TT Vision unit bags contracts valued at combined RM7.11mil
Shareholders approve all resolutions at Propel Global EGM
Economist Madeline Berma passes away
Gold bounces from two-week low as thin trade sparks volatile moves

Others Also Read