KUALA LUMPUR, May 3 ― Kenanga Investment Bank Bhd has maintained its forecast that Malaysia's gross domestic product (GDP) would grow at a faster rate of 4.5 per cent -...
Tengku Zafrul fails in bid to ‘correct certain errors’ about alleged order for Najib to serve out sentence at home
Wan Fayhsal: Kor Ming’s claim RM5.21m KKB allocation is ‘good feng shui’ an insult to the public’s intelligenceThe seasonally adjusted data released by S&P Global yesterday showed that Malaysia's manufacturing purchasing managers’ index rose to 49.0 in April from 48.4 in March, suggesting an improved GDP growth. ― Bernama picKUALA LUMPUR, May 3 ― Kenanga Investment Bank Bhd has maintained its forecast that Malaysia's gross domestic product would grow at a faster rate of 4.
“The improvement was due to a significant increase in external demand, marking the first improvement in 12 months,” Kenanga said in a note today.Overall, the investment bank kept its GDP forecast for the first quarter of 2024 unchanged at 3.3 per cent versus three per cent in 4Q 2023, compared to the Department of Statistics’ advance estimate of 3.9 per cent.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stats Dept: Malaysia's February 2024 natural rubber output fell by 2.0pcKUALA LUMPUR, April 5 ― Natural rubber production fell by 2.0 per cent in February 2024 to 29,691 tonnes against 30,287 tonnes in January 2024, the Statistics Department...
Read more »
IMF revises upwards Malaysia’s 2024 GDP growth forecast to 4.4%KUALA LUMPUR: The International Monetary Fund (IMF) has revised the outlook for Malaysia’s real gross domestic product growth (GDP) by a notch to 4.4%...
Read more »
IMF revises Malaysia’s 2024 GDP higher to 4.4%KUALA LUMPUR: The International Monetary Fund (IMF) has revised the outlook for Malaysia’s real gross domestic product (GDP) by a notch to 4.4 per cen...
Read more »
Maybank IB forecasts firmer 1Q 2024 GDP growth for MalaysiaKUALA LUMPUR, April 9 ― The performance of the Industrial Production Index (IPI), Distributive Trade Index (DTI) and crude palm oil (CPO) in February 2024 signals a firmer...
Read more »
EV Sales in India projected to increase by 66% in 2024: Reportindia's EV sales are projected to surge by 66% in 2024. Learn about the rising competition and factors driving this expansion.
Read more »
Infinix Note 40 Pro 5G review: Is this the 2024 mid-range king?A few weeks ago, Infinix released the latest entry to its mid-range lineup. Introducing Infinix Note 40 Pro 5G, a new phone that promises an All-Round Fast
Read more »