Maybank IB maintains GDP target at 6% for 2022 despite floods

KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) has maintained its gross domestic product (GDP) growth target for Malaysia at 6.0 per cent for 2022, despite the damage caused by the floods.

Its chief analyst Suhaimi Ilias said the bank believed that the floods would not cause prolonged disruptions in terms of supply shortage.