Positive on Malaysia’s economic outlook
KUALA LUMPUR: RHB Research holds a positive view of Malaysia’s gross domestic product (GDP), the ringgit and the local bourse’s performance, while seeing elevated consumer price index (CPI) price pressures following the tabling of Budget 2024. In a note yesterday, the research house said it is maintaining its projection on Malaysia’s GDP growth at 4.6 […]
Budget 2024 allocations boost Sarawak’s economic outlook, says economist
KUCHING: The increased allocation of development funds for Sarawak in Budget 2024 is expected to have a positive impact on the region’s economic outlook. Economist Dr Evan Lau said the increased allocation for Sarawak holds the potential to spark a range of positive economic changes. The Associate Professor in the Faculty of Economics and Business […]
Ringgit tipped to extend recovery
KUALA LUMPUR: Economists are projecting a better outlook for the ringgit in the second quarter (Q2) of 2023 amid the country’s relatively resilient economic outlook. The economy’s continuous growth momentum will in turn support investor confidence and attract inflows of foreign capital, said Kenanga Investment Bank Bhd. The investment bank also did not see any […]
Upbeat on economic outlook
SIBU: A local prominent business figure is quite optimistic about the economic outlook this year. According to Datuk Seri Lau Kueng Chai, the unity government under Prime Minister Datuk Seri Anwar Ibrahim is now very stable. “I believe it will definitely bring considerable foreign exchange to our country,” he pointed out. He was speaking to […]
Malaysia’s economy on track for recovery, with better growth prospects
KUALA LUMPUR: Malaysia’s economy is now on the path to recovery and is projected to chart better growth this year, says Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali. He said the brighter economic prospect was attributable to rising global demand, increased public and private sector spending, as well as […]
