November 18, 2024 05:01 GMT
MALAYSIA: Economy Enters 2025 on Strong Footing.
MALAYSIA
- Malaysia’s economy is set to enter 2025 on a strong footing, underpinned by the solid gross domestic product (GDP) trend thus far and positive consumption and investment outlook. (source: The Star Biz)
- Malaysia is poised to become a regional industrial gateway following its collaborations with Brazil in the semiconductor sector, said Investment, Trade and Industry Minister (source: BBG)
- Malaysia’s FTSE Bursa Malaysia KLCI had a tough week last week, finishing -1.78% down. It has started this week off on a brighter note up +0.65%
- MYR was weaker last week up +2.1% over the period to finish at 4.4748. It has opened stronger today down 4.4762.
- Bonds: Bond markets have had a quiet start to the week Last week saw bond yields move lower in the early part of the week only to give that back to finish flat.
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