Malaysia to maintain 4.8% economic growth forecast in 2024, says bank

KUALA LUMPUR: Malaysia is expected to maintain its economic growth forecast of 4.8% this year, mainly driven by consumer spending, according to Standard Chartered Bank Malaysia Bhd (StanChart). "We see consumer spending moderating as labour-market conditions soften but expect it to remain the primary driver," said StanChart economist Jonathan Koh and chief economist Edward Lee in...

Johor-Singapore SEZ framework in final discussion phase

JOHOR BARU: The framework for the Johor-Singapore Special Economic Zone (JS-SEZ) is currently in the final phase of discussions and is expected to be finalised in September, says Datuk Onn Hafiz Ghazi. The Johor Mentri Besar expressed his gratitude to all the ministries and agencies involved in developing the JS-SEZ. "Armed with confidence in Johor's strong geographical...