Malaysia's GDP, Better Than Expected

Firdaos Rosli, Chief Economist, Ambank Group

19-Aug-24 07:45

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Bank Negara Malaysia announced that the gross domestic product (GDP) grew 5.9% year-on-year in the April-June quarter, which is higher than the median estimate of 5.8% growth in a Bloomberg survey. Firdaos Rosli, Chief Economist at Ambank Group explains this positive figure, will there be an upgrade in 2024's GDP forecast and why the Ringgit is the best performing currency in Asia.

Image Credit: shutterstock.com

Produced by: Jake Lim

Presented by: Wong Shou Ning, Keith Kam, Shazana Mokhtar

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Categories: economy, markets, sponsored content

Tags: celcomdigi2024, gross domestic product, malaysia, second quarter, ringgit malaysia, inflation,

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