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Affin Group expects 4 5% GDP growth for Malaysia in 2024

KUALA LUMPUR: Affin Hwang Investment Bank Bhd expects Malaysia’s economy to grow by 4.5 per cent this year, against 4.0 per cent estimated for 2023, on the back of resilient domestic demand and improved economic fundamentals.

Kuala lumpurNurjesmi mohd nashirLoong chee weiAffin hwang investment bank bhdAffin groupAffin hwang investment bankMarket outlookAlan tan chew leongHwang investment bankAffin hwang investment

BERNAMA - AFFIN GROUP EXPECTS 4 5 PCT GDP GROWTH FOR MALAYSIA IN 2024

BERNAMA - AFFIN GROUP EXPECTS 4 5 PCT GDP GROWTH FOR MALAYSIA IN 2024
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Kota kinabaluKuala lumpurLoong chee weiNurjesmi mohd nashirAffin groupAffin hwang investment bank bhdAffin hwang investment bankHwang investment bank bhdMarket outlookAlan tan chew leongHwang investment bankKlang valley

Malaysia-only HSR line would have similar earnings impact on local construction firms — Affin Hwang

Malaysia-only HSR line would have similar earnings impact on local construction firms Affin Hwang The Edge 4/2/2021 Arjuna Chandran Shankar © Provided by The Edge KUALA LUMPUR (Feb 4): The implementation of a Malaysia-only High Speed Rail (HSR) line would have a similar impact on earnings for the Malaysian construction sector as the now-cancelled Kuala Lumpur-Singapore HSR line. During a question-and-answer session (Q&A) session at Affin Hwang Capital’s Malaysia Economic Outlook and Construction Sector Briefing today, senior associate director Loong Chee Wei opined that close to 90% of the infrastructure work for the original HSR alignment is in Malaysia. “If they proceed with just the Malaysian portion, the infrastructure spending would be quite large and benefit major contractors in Malaysia. Indications are that it is close to RM30 to RM40 billion on just the construction cost alone,” Loong said.

Kuala lumpurNajib razakJohor baruLoong chee weiMalaysia only high speed railKuala lumpur singaporeAffin hwang capitalMalaysia economic outlookConstruction sector briefingDatuk seri najibகுவாலா லம்பூர்நஜிப் ர்யாஸக்ஜோஹோர் பாருலூங் சீ வெய்மலேசியா மட்டும் உயர் வேகம் ரயில்குவாலா லம்பூர் சிங்கப்பூர்