The Federation of Malaysian Manufacturers (FMM) has revised upwards the 2024 economic growth projection given the stronger-than-expected momentum in the second quarter (2Q 2024).
In a statement today, FMM said the new forecast suggests that growth will likely exceed the government's 4.0 to 5.0 per cent target range with a revised 5.1 per cent gross domestic product (GDP) growth.
"Private investment and consumption spending have also been revised up...