Maybank issues clarification on outlook report for Malaysian economy

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has clarified that a report by its investment arm entitled "2H2023 Market Outlook - Clearer Skies Ahead" is broadly constructive on the 2H2023 outlook for the Malaysian economy and equity market.

In a statement, the bank referred to social media and media coverage based on an extract from the report, which was emailed on July 20, 2023, as part of a webinar invitation to selected clients.