Kenanga Investment Bank maintains GDP forecast for 2024 at 5pc, set to moderate to 4.8pc next year

  • 📰 malaymail
  • ⏱ Reading Time:
  • 27 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 86%

Kenanga Investment Bank Nouvelles

Gross Domestic Product,Department Of Statistics Malaysia

KUALA LUMPUR, Oct 23 — Kenanga Investment Bank Bhd has maintained its forecast for Malaysia’s gross domestic product growth at 5.0 per cent for 2024 and expects it to moderate...

Room for the third vote: What is the Federal Capital Act 1960, and why is PAS attacking DAP over calls to amend it?Money

“We anticipate growth to slow further in the final quarter to around 4.6 per cent, as growth momentum typically eases on a quarter-to-quarter basis. The growth outlook remains vulnerable to external factors, including potential slowdown in advanced economies due to the lag effects of higher interest rates,” it said in a note today.

It further said that this is evident in September’s export data, where total exports fell by 0.3 per cent down from a 12.0 per cent rise in August, far below market expectations.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Investment banks revise Malaysia's 2024 GDP growth forecast upwardThe folks behind the World’s 50 Best ranking have come up with its second list for hotels.
La source: staronline - 🏆 4. / 75 Lire la suite »

Asean-BAC eyes cross-border IPOs to drive regional investment in 2024, says NazirVIENTIANE, Oct 10 — The Asean Business Advisory Council (Asean-BAC) has outlined several key initiatives that will be highlighted during Malaysia’s chairmanship next year,...
La source: malaymail - 🏆 1. / 86 Lire la suite »

CIMB raih 26 anugerah di The Asset Triple A Islamic Finance Awards 2024CIMB Islamic Bank Berhad dan CIMB Investment Bank Berhad (CIMB) membawa pulang 26 anugerah di The Asset Triple A Islamic Finance Awards 2024.
La source: UMonline - 🏆 27. / 51 Lire la suite »