KUALA LUMPUR, Nov 10 (Bernama) — Riding on a solid Malaysia economic recovery this year, InvestKL has successfully attracted big names in global multinational companies from Tupperware to Arnott’s in setting up a regional hub in Greater Kuala Lumpur ‘Greater KL’ to serve the Asia Pacific market.
The Malaysian economy is projected by analysts from MIDF Amanah Investment Bank and AmBank Group Research to grow as much as 12.5% in the third quarter this year from a year ago, following a strong showing in the first six months. The Ministry of Finance has projected a 2022 GDP growth of 6.5% to 7%, accelerating from a 3.1% economic expansion last year.
