The Star

森美兰中华总商会投资论坛

马来西亚经济实况与展望

Bursa Malaysia’s 35th Palm & Lauric Oils Price Outlook Conference & Exhibition (POC2024)

What will happen to the global economy in 2024?

Malaysia Semiconductor Industry Association (MSIA) SME Conference 2024

Innovation: The Pathway to Growth

Malaysia’s Policy Setting and Reckoning

JPMorgan Investors Engagement

"Capitalizing on RCEP Opportunities" Seminar

The seminar was organised by the Embassy of the People's Republic of China in Malaysia, and co-organised by the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM).

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UOB Kay Hian Palm Oil Outlook Session

• Global growth is expected to be sustained at 2.7%-3.2% in 2024 though moderated from 3.1% in 2023. The challenges to growth come from persistent tight monetary policy and the withdrawal of fiscal support, while mitigated by easing inflation, strong labour markets and an upturn in global trade, especially the technological cycle. 

• Global growth outlook remains subject to downside risks - higher-than-expected inflation, tighter financial conditions and geopolitical escalations. 

• Output gap is expected to turn positive (3.5%–4.5% in 2024). The actual output growth of 4.0%– 5.0% is projected to grow at a faster pace, underpinned by continued expansion in domestic demand and improvement in external demand.

• Over the medium term, potential output will remain supported by higher investments and improvements in productivity amid continued implementation of multi-year investment projects as well as national masterplan such as New Industrial Master Plan (NIMP) 2030 and National Energy Transition Roadmap (NETR) with a projected growth rate of 4%–5%, reverting to the pre-crisis level.

The Star

南洋商报