Wednesday 08 May 2024
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EVENING 5: IMF cuts Malaysia’s growth forecast

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. The IMF cuts its economic growth forecast for Malaysia as it warns of an increased risk of a global recession.

2. TNB restores power to areas across the peninsula affected by outages due to a damaged substation in Johor.

3. OMS Group is said to be weighing a RM1.34 billion listing on Bursa Malaysia as soon as next year.

4. IGB REIT’s 2QFY22 net property income jumps year-on-year on lower rental support to its tenants.

5. Malaysia’s producer prices see a slower rise in June compared with May, though growth remains at double digits.

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