Malaysia to rebound strongly with progressive economic factor.
Malaysia is expected to rebound strongly from the global slowdown, underpinned by progressive local economic growth as well as promising global economic performance forecast post-pandemic, according to a fund manager.
Principal Malaysia chief executive officer and country head Munirah Khairuddin said the past three years have seen many changes to the global landscape, including geopolitical tensions, changing world governments and volatile financial markets that caused financial distress to many, and Malaysians were not spared.
"While we are optimistic of the economic growth, we remain cautious over existing global conflicts and the probability of escalation such as in the Russia-Ukraine war as well as inflation rate in the country," she said in an interview with Bernama.
She added that while recession fears are still looming, the worst is over for many as the majority of markets have shown strong signs of...
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