KUALA LUMPUR, Aug 5 — Malaysia’s gross domestic product (GDP) growth momentum is expected to taper off going into the second half of 2024 (2H 2024), said Kenanga Investment...
Malaysia’s gross domestic product growth momentum is expected to taper off going into the second half of 2024 , said Kenanga Investment Bank Bhd . — Picture by Yusof Mat IsaKUALA LUMPUR, Aug 5 — Malaysia’s gross domestic product growth momentum is expected to taper off going into the second half of 2024 , said Kenanga Investment Bank Bhd .
“Following the postponement of the RON95 fuel subsidy rationalisation to possibly 2H 2025, we revised the 2024 inflation projection to 2.2 per cent, down from 2.7 per cent previously. It said this approach aims to manage inflationary pressures from the impact of subsidy rationalisation while supporting economic growth amid ongoing fiscal reforms.
Kenanga IB said demand for Malaysian bonds is expected to stay strong throughout the year, supported by anticipated Fed rate cuts, an undervalued ringgit, and a stable OPR.
Economic Growth Forecasts Kenanga Investment Bank Bhd
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Paris Olympics 2024: Zii Jia’s triumph keeps Malaysian hopes alive at Paris 2024PARIS, Aug 3 — The composed display by men’s singles shuttler Lee Zii Jia to advance to the semi-finals, raised the spirits of the Malaysian contingent competing in the 2024...
Read more »
Sustainable Brands Kl ‘24 agenda and speakers announcedThe Sustainable Brands Kuala Lumpur Conference 2024 will be held this August 13 and 14.
Read more »
Dewan Negara passes three Bills under the PM’s DepartmentKUALA LUMPUR: Dewan Negara today passed the Audit (Amendment) Bill 2024, the Arbitration (Amendment) Bill 2024 and the Construction Industry Payment a...
Read more »
Dewan Negara lulus tiga RUU di bawah Jabatan Perdana MenteriKUALA LUMPUR: Persidangan Dewan Negara hari ini meluluskan Rang Undang-Undang (RUU) Audit (Pindaan) 2024, RUU Timbang Tara (Pindaan) 2024 dan RUU Pemb...
Read more »
Daftar pemilih tambahan Jun 2024 dibuka untuk semakanKUALA LUMPUR: Daftar Pemilih Tambahan Bulan Jun Tahun 2024 (DPT BLN6/2024) telah diperaku dan diwartakan hari ini dan semakan dibuka selama 30 hari be...
Read more »
MAHB says traffic at local airports up by 40pc with inclusion of six airlinesKUALA LUMPUR, July 22 — Malaysia Airports Group’s local airport network saw a 40 per cent year-on-year increase in international traffic in the first half of 2024 (1H 2024),...
Read more »