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.