MIDF Amanah Investment Bank maintains Malaysia’s GDP forecast at 4.6pc | Malay Mail

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MIDF Amanah Investment Bank maintains Malaysia’s GDP forecast at 4.6pc | Malay Mail
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KUALA LUMPUR, July 1 — MIDF Amanah Investment Bank Bhd has maintained its gross domestic product (GDP) forecast at 4.6 per cent this year as the extension of the lockdown is expected to affect certain business segments due to the temporary closure and limited consumer mobility. In a research note...

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KUALA LUMPUR, July 1 — MIDF Amanah Investment Bank Bhd has maintained its gross domestic product forecast at 4.6 per cent this year as the extension of the lockdown is expected to affect certain business segments due to the temporary closure and limited consumer mobility.

“In other words, this decision to move into the next phases in the NRP depend on the state of the public health and the progress in the national vaccination programme,” it said. It said undeniably, there are certain segments in the economy that are in difficulties to cope and survive, especially small and medium enterprises with cash flow problems and individuals who lost their source of income.

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