Economic Rebound Points to Strong 3Q and Full-Year Growth

KUALA LUMPUR — Recent economic data suggests a positive outlook for Malaysia’s GDP growth in the third quarter and for the full year.

July 2024 saw notable improvements in both exports and imports, signaling a robust recovery following a strong second quarter. The year-to-date figures indicate a significant rebound in trade, with exports and imports both showing considerable growth compared to last year.

Read More Business News

Economic Rebound

This uptick is attributed to healthy domestic demand, driven by an investment upcycle and increased consumption. The rebound in imports of capital and intermediate goods points to a revival in manufacturing. Analysts forecast a full-year GDP growth of around 5.2%, bolstered by these encouraging trends.

Read more news

Table of Contents

Staff Writer

Recent Posts

Tabung Haji Strengthens Financial Position After Recovery Phase

Lembaga Tabung Haji has improved its financial position through recovery efforts, enhancing asset quality and…

9 hours ago

Private Markets Outlook Q3 2026: Resilience, Selectivity and Recovery Redefined

Schroders Capital's Q3 2026 outlook highlights private markets' resilience and the need for selective, deliberate…

9 hours ago

Kinergy Advancement Initiated with BUY Call

Kinergy initiated with BUY, TP RM0.67, driven by recurring income, engineering services growth, and unpriced…

12 hours ago

LOCUS-T Wins Four Honours at A+M Agency of the Year Awards 2026

PETALING JAYA, 22 July 2026 – LOCUS-T, a leading Malaysian digital marketing agency, has been…

13 hours ago

German Investor Confidence Surges as Reform Optimism Outweighs Geopolitical Risks

German investor sentiment rose sharply in July, boosted by reform optimism, although geopolitical tensions and…

17 hours ago

KLCI Pauses as Investors Await Megacap Earnings; Tech Stocks Lead Recovery

The FBM KLCI eased despite a strong technology rebound as investors shifted focus to Alphabet…

18 hours ago

This website uses cookies.