Maybank IB's Suhaimi said the 4.4% expected growth in 2024 will be underpinned by relational factors including consumer spending and a strong labour market.
PETALING JAYA: Maybank Investment Bank Bhd (Maybank IB) remains cautiously optimistic about Malaysia’s economic growth this year amid lingering external risks that could continue to impact the country.
Its group chief economist Suhaimi Ilias said while he is not overly buoyant on the outlook, the 4.4% growth forecast for the year against the 3.9% last year is a fair expectation.
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