HSBC forecasts Malaysia's 2024 GDP at 4.5%

KUALA LUMPUR: HSBC has forecast Malaysia’s gross domestic product (GDP) growth at 4.5 per cent for 2024, slightly above consensus with an upside risk.

Its co-head of Global Research Asia and chief Asia economist, Frederic Neumann, said the forecast was supported by the country’s robust economic performance and the incoming inflows of foreign investments.