[jarvis]

AmBank Group Bhd has maintained its forecast for Malaysia’s real gross domestic product (GDP) growth this year at 4.5 per cent, which falls at the mid-point of Bank Negara Malaysia’s (BNM) projection, on the back of higher private consumption and net exports.

BNM expects the Malaysian economy to grow between four per cent and five per cent in 2024 from 3.7 per cent in 2023.

In a research note, AmBank believes that statistical rebound plays a role, with private consumption and net exports expected to come in higher in 2024.

https://www.malaymail.com/news/money/202...ear/127455