Is Malaysia heading for a recession in 2023?

KUALA LUMPUR, Oct 5 (Bernama) — For the past three quarters up to June 2022, the Malaysian economy has been steadily improving: GDP has increased and unemployment rates have dropped. Yet there may be headwinds ahead. With the ongoing conflict in Ukraine, monetary tightening in the US and Europe, China’s economic contraction, and other factors, the World Bank and the IMF are forecasting a global economic slowdown in 2023. This gloomy scenario contrasts with the government’s more optimistic projections for Malaysia which begs the question: how will the Malaysian economy fare in the coming years?
 
To address this question as well as other areas of concern to businesses and Malaysians, the Perdana Leadership Foundation is organising its ninth PLF CEO Forum themed “Major Trends Impacting the Malaysian Economy (and You)” on the 1st of November 2022 at the Berjaya Times Square Convention Centre in Kuala Lumpur.

http://mrem.bernama.com/viewsm.php?idm=44367

administrator

Related Articles