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Moderate growth expected in 4Q23

Continued softness in the upcoming gross domestic product (GDP) numbers for the fourth quarter of 2023 (4Q23) is to be expected, given the sluggish export sector and ongoing economic slowdown in China, say economists.

Kuala lumpurStatistics departmentHong leong investment bank researhBank negaraEuropean unionWorld bankAmbank group researchBank group researchIndustrial production indexPurchasing managers index

Central bank forecast to hold OPR steady

PETALING JAYA: Bank Negara is expected to continue to hold steady its overnight policy rate (OPR) in the upcoming Monetary Policy Committee (MPC) meeting this week in order to assess the impact of previous OPR hikes on the real economy, says AmBank Group Research.

Malaysia generalBank negaraMonetary policy committeeAmbank group researchAmbank groupFederal reserveOvernight policy rate oprMonetary policy committee mpc

Malaysia s manufacturing to grow moderately in 4Q2022, says AmBank Research

KUALA LUMPUR (Dec 13): AmBank Group Research expects Malaysia’s manufacturing to grow moderately in 4Q2022, adding that this would weigh on the overall economic performance during the quarter. In a note on Tuesday (Dec 13), AmBank group chief economist and head of research Dr Anthony Dass said the country’s October’s industrial production slowed down to 4 6% year-on-year (y-o-y) (10.8.% y-o-y in September), the slowest growth since May 2022.

Kuala lumpurAnthony dassAmbank group research

AmBank expects ringgit to trade between 4 450 and 4 470

KUALA LUMPUR (July 20): AmBank Group Research expects the ringgit to trade between the support level of 4.450 and 4.470 while its resistance is pinned at 4.560 and 4.610.

Kuala lumpurSri lankaAnthony dassZafrul tengku abdul azizAmbank group research

Malaysia s 2H21 manufacturing to be more challenging, says AmBank

Malaysia s 2H21 manufacturing to be more challenging, says AmBank
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Kuala lumpurAnthony dassAmbank group research

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