Economic Outlook 2024

Hilti Asia IT Services, Level 6, Brunsfield Oasis Tower 3, Oasis Square, Oasis Ara Damansara, 47301, Petaling Jaya, Selangor
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Price: Patrons & Sponsors (Free of Charge - 2 paxs) - RM 0.00
Members (Free of Charge - 1 pax) - RM 0.00
Non-Members - RM 80.00
price stated excludes 8% SST

Please be informed that any cancellations must be received 2 working days prior to the event in writing. No show by registered participants will be invoiced accordingly.


Event ended.

Join us for a talk on the economic outlook 2024

The global economy is expected to grow at a slower pace in 2024. The impact from tight monetary policy is expected to intensify in subsequent quarters, before dissipating towards the second half of 2024. Global inflation would likely moderate further, with commodity prices posing a clear upside risk. China’s growth will moderate in 2024, as reopening support dissipates and the property market remains in a downturn. Global trade recovery is likely to be gradual given persistent headwinds from trade restrictions and the ongoing shift in consumption from goods to services.  

Going forward, the growth of the Malaysian economy will be driven largely by resilient domestic expenditure, with some support from E&E export recovery. Household spending will be supported by steady growth in employment and wage growth. Tourist arrivals and spending are expected to improve further.

Additionally, the continued progress of multi-year infrastructure projects and implementation of catalytic initiatives will support investment activity. Budget 2024 measures will also provide additional impetus to economic activity. Meanwhile, domestic financial conditions remain conducive to sustaining credit growth, as financial institutions continue to operate with strong capital and liquidity buffers.

Date     :  Friday, 1st March 2024
Time     :  9.00am – 12.30pm
Venue  : Hilti Asia IT Services, Level 6, Brunsfield Oasis Tower 3, Oasis Square, Oasis Ara Damansara, 47301 Petaling Jaya, Selangor

09.00 am           Registration
09:30 am           Welcome speech by Hilti Asia IT Services
09:35 am           Introduction by SMCC, CCIFM, and La Camara
09:50 am           Short overview by the Embassy of Switzerland,
                            Embassy of France, and the Embassy of Spain
10:05 am           Economic Outlook 2024 Presentation
10:55 am           Q&A Session
11:15 am           Coffee & Networking
12.30 pm           End of Event


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