Malaysia to grow 5.6pct in 2022, says HSBC. [Newspaper] (2022)
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Abstract
KUALA LUMPUR: HSBC believes the Malaysian economy has one of the brighter outlooks in the region and will emerge from a "double-dip" recession despite a lot of uncertainties. The bank expects the country's gross domestic product (GDP) to rise 3.6 per cent in 2021, before accelerating to 5.6 per cent this year. HSBC also believes that the undervalued ringgit will recover in 2022. It said Malaysia has one of the highest vaccination rates in Asia that allowed the country to have a high degree of resilience.
| Item Type: | Newspaper |
|---|---|
| Keywords: | Gross domestic product (GDP), Economic growth |
| Taxonomy: | By Subject > Business & Management > Economics By Subject > Business & Management > Management |
| Local Content Hub: | Subjects > Business & Management |
| Depositing User: | Jamil Jawi |
| Date Deposited: | 10 Mar 2022 23:26 |
| Last Modified: | 14 Mar 2022 09:22 |
| Related URLs: |
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