Bank Negara retains 4-5pct 2023 GDP growth forecast

Bank Negara Malaysia (BNM) is still maintaining its forecast for the country's gross domestic product (GDP) growth this year at between 4 percent and 5 percent, said newly appointed governor Abdul Rasheed Ghaffour.

Domestic demand remains resilient and improvements can be seen in the job market, which continues to support consumer spending, he said.

“The tourism sector is...