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Kuala Lumpur: The Malaysian economy is projected to grow between 4.0 per cent and 5.0 per cent in 2023, supported by firm domestic demand amidst challenges rising from slowing global growth, said Bank Negara Malaysia (BNM).
Stronger economic activities, positive investor sentiment and an orderly political transition following the 15th general election lent support to the local equities market in the fourth quarter of 2022, which managed to raise new capital of RM4.1 billion between January 2022 and January 2023, despite heightened volatility in the global financial markets.
KUALA LUMPUR: Despite moderating in the fourth quarter (4Q) of 2022, headline inflation is expected to remain elevated in 2023, said Bank Negara Malaysia (BNM).
Strong domestic demand, improvements in labour market to keep rate elevated.
Bank Negara Malaysia, inflation, commodity, growth, financial market, monetary policy, Nor Shamsiah Yunus