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Corporate Malaysia set for further recovery

MIDF Research expects Malaysia s GDP growth to improve to 4 7% in 2024

MIDF Research expects Malaysia s GDP growth to improve to 4 7% in 2024
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Malaysian economy, markets will cruise along in 2024: MIDF Research

KUALA LUMPUR: MIDF Research has predicted that 2024 will be the year of recovery for the Malaysian economy, primarily on the back of external trade re.

O&G sector still has upside on further capex spending by oil majors

BURSA Malaysia-listed oil and gas (O&G) companies have seen more activity and interest in the past half year than most sectors, buoyed by the reopening of China, elevated global crude oil prices and higher capital expenditure (capex) spending by oil majors, particularly Petroliam Nasional Bhd (Petronas). Even so, some analysts are of the view that there is still a lot of gas left in the tank for the sector as they say the recent activity only marks the start of an upcycle because average crude oil prices are projected to go higher in 2023.

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