KUALA LUMPUR (May 31): RHB Investment Bank Bhd expects the impact of Movement Control Order (MCO) 3.0 to be limited and has maintained its gross domestic product (GDP) growth forecast of 5.4% year-on-year. In a Global Economics & Market Strategy note today, RHB group chief economist & head, Market Research Dr. Sailesh K. Jha said Malaysian consumers’ adaptability and robust external sector will be the offsetting factor. “In addition, a possibility of further support by the government cannot be ruled out.
