Maybank IB projects the Malaysian economy to grow 4 percent this year

PETALING JAYA: Maybank Investment Bank Bhd (Maybank IB) projects Malaysia’s Gross Domestic Product (GDP) growth at a slower rate of 4.0 percent this year compared to 8.0 percent last year. Maybank IB’s Chief Economist, Suhaimi Ilias said, the inflationary environment and higher interest rates will affect the country’s economic growth this year. “Inflation is seen as the main obstacle to economic growth in…



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The post Maybank IB projects Malaysia’s economy to grow 4 percent this year appeared first on Utusan Malaysia.

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