KUALA LUMPUR, May 13 ― RHB Investment Bank Bhd has maintained its 2023 gross domestic product growth forecast at 5.0 per cent year-on-year following the better-than-expected first quarter results.
“Despite the slowdown in external demand, we think that the risks to the economic growth itself is limited. Malaysia's economy grew by 5.6 per cent in the first quarter of 2023 driven by resilient domestic activities.