Steady growth: MIDF Research projects GDP to grow at 4.6pc for Malaysia in 2025 amid domestic, global drivers

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KUALA LUMPUR, Dec 10 — MIDF Research forecasts Malaysia’s real gross domestic product (GDP) to grow at 4.6 per cent next...

He noted that the local equity market has performed relatively well thus far in 2024, with the benchmark FBM KLCI recording a gain of 0.11 per cent year-to-date until Dec 4, 2024.“Going forward, we expect the local equity market to gain further ground driven by the inflow of foreign funds, underpinned by positive macro and corporate earnings performance, and backed by undemanding valuations,” he added.

Nonetheless, he said next year would see slightly higher inflation due to supply factors, mainly rising costs from higher non-food inflation.

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Category: EconomyBusiness

Markets: MalaysiaUnited States

Topics: GDP growth Midf research Malaysia economy Malaysia gdp

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

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Article Type: News Report

Published On: 2024-12-10 @ 15:34:19 (3 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

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