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KUALA LUMPUR: Analysts expect Bank Negara Malaysia (BNM) to continue to maintain the overnight policy rate (OPR) at 3.0 per cent in 2024, given that the OPR is already at the normal rate supportive of sustained economic growth in the country.
KUALA LUMPUR: MIDF Research anticipates that the market price of chicken will not increase substantially after the removal of subsidies and price controls, considering that chicken is a staple protein for Malaysians.
KUALA LUMPUR: MIDF Amanah Investment Bank Bhd (MIDF Research) has reiterated its forecast that Malaysia’s gross domestic product (GDP) will grow 4.2 per cent in 2023 before picking up to 4.7 per cent next year following the narrower contraction in the leading index (LI) recorded in August 2023.
State owned enterprise estimates prolonged ringgit depreciation will lead to higher imported inflation.
KUALA LUMPUR, Oct 16 — Foreign investors returned to Bursa Malaysia last week, purchasing RM10.2 million worth of domestic equities after two consecutive weeks of net selling....