M’sia on track for stronger growth in second half


HLIB Research reaffirmed its view that Malaysia’s gross domestic product growth in 2024 would come in at 4.8%.

PETALING JAYA: Malaysia is on track to register stronger economic growth in the second half of this year (2H24).

This optimistic projection is underpinned by the country’s stable job market, supportive measures from the government, rising inbound investments, continued recovery in the tourism sector and a rebound in the external sector, Hong Leong Investment Bank (HLIB) Research said.

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

Next In Business News

MSPO certification helps Malaysia meet sustainability requirements in FTAs, says MPOB
Teamstar signs underwriting agreement with TA Securities for ACE Market IPO
Melati Ehsan redesignates COO to CEO
TM Nxera partners with TNB to secure 280MW for data centre campus
Favelle Favco acquires France-based Seram Industries SAS
Ringgit ends firmer as concerns over Fed independence weigh on US dollar
HE Group wins power distribution system contract
Awanbiru appoints Azizah Ali as its group CEO
MN Holdings proposes transfer to the Main Market of Bursa Securities
Vantris Energy divests stake in L&T-Sapura Shipping for 124mil

Others Also Read