With Malaysia’s growth ‘on fire’ in 2024, HSBC Global Research upgrades growth forecast with ringgit projected to stay at RM4.60 per dollar

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With Malaysia’s growth ‘on fire’ in 2024, HSBC Global Research upgrades growth forecast with ringgit projected to stay at RM4.60 per dollar - Malay Mail

Quick Summary:

KUALA LUMPUR, Jan 13 — Malaysia’s economy delivered robust growth across all sectors in 2024, setting the stage for furt...

The research house attributed this to government efforts to stabilise the currency and attract investment.

Several European and American companies recently decided to move to or expand their manufacturing facilities in the country amid ongoing trade tensions,” it said.