News Formal

Investment banks revise Malaysia's 2024 GDP growth forecast upward

  • 📰 staronline
  • ⏱ Reading Time:
  • 27 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 75%

Analyst Reports Notícia

BMI,HLIB,Public Investment Bank

The folks behind the World’s 50 Best ranking have come up with its second list for hotels.

KUALA LUMPUR: Hong Leong Investment Bank has revised its 2024 gross domestic product forecast for Malaysia upward to 5.0 per cent from 4.8 per cent previously.

HLIB said continued improvement in trade activity is also expected to boost GDP growth, aided by the low base effect and gradual recovery in the global tech sector. Meanwhile, Public Investment Bank said following the robust performance in 2Q 2024, the 5.1 per cent GDP growth in 1H2024 has already exceeded its full-year target of 4.7 per cent for 2024.

Hence, it believes that the government will revise its official GDP growth forecast of 4.0-5.0 per cent for 2024 higher when Budget 2025 is tabled on Oct 18.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 4. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

500 companies from China to participate in December 2024 Malaysia-China SummitKUALA LUMPUR: The Malaysia-China Summit 2024 (MCS 2024) is expected to attract 500 leading companies from China eager to forge new trade and investmen...
Fonte: theSundaily - 🏆 25. / 51 Consulte Mais informação »