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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. ....

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Ringgit, yen tipped to be best-performinng currencies in Asia this year

KUALA LUMPUR: The ringgit is expected to be the best performing currency in Asia against the US dollar in 2024 alongside Japan’s yen on the back of im. ....

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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
bernama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bernama.com Daily Mail and Mail on Sunday newspapers.

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Ringgit outperforms, reaches 4.40 vs greenback | Borneo Bulletin Online

BERNAMA – The ringgit is expected to be one of the best-performing currencies in the region in 2024, with it ending the year at MYR4.40 against the US dollar, said the Affin Group. Its chief economist Alan Tan Chew Leong said the ringgit would be lifted by the prospect of easing interest rates globally, as […] ....

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Economists maintain 2020 GDP forecasts for Malaysia as exports fare better than expected

KUALA LUMPUR (Dec 29): Economists have maintained their 2020 gross domestic product (GDP) growth forecasts for Malaysia after November exports fared better than the consensus estimate.
Hong Leong Investment Bank Research s (HLIB) Felicia Ling and Goh Khing Mae said in a note today export growth picked up to 4.3% year-on-year (y-o-y) in November, faring better than the 3.1% y-o-y consensus estimate.
“Growth was lifted by manufactured exports amid a decline in commodity-related exports,” they said.
While downside risks continued to cloud the recovery in overall trade activity owing to the resurgence of Covid-19 cases, they opined that vaccine roll-outs in some major economies are anticipated to alleviate some of the risks in 2021. ....

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