Malaysia likely to meet annual GDP growth of 7.7%


KUALA LUMPUR: JP Morgan is optimistic that Malaysia will be able to meet the annual gross domestic product (GDP) growth of 7.7% in 2022, which is likely to be one of the highest in the region.

According to JP Morgan Malaysia chief executive officer Wong Hooi Ching, the country’s economy is resilient with a strong banking system, supportive government and prudent corporate citizens.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

WTEC Group proposes RM7.74mil acquisition of Semenyih factory
Wasco appoints Wong Yin Kee as group MD
Sports Toto 4Q26 net profit surges 55% to RM62.5mil
Straits Energy plans to diversify into EPCC business
Celestica to create more than 2,100 jobs in Malaysia amid AI, cloud demand
FBM KLCI ends little changed as investors await earnings cues
China leads wave of clean power wastage as grids globally hit limits
PIDM appoints Afiza Abdullah as CEO effective Aug 28
EPF’s 1H26 investment income surges 48% to RM57.5bil
Gold gains on weaker dollar, reduced Fed rate-hike bets

Others Also Read