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Malaysia's GDP forecast up after Q2 showing

KUALA LUMPUR: Economic research companies have raised Malaysia's full-2022 growth forecast after the Southeast Asian country posted 'better than expected' expansion in the second quarter of the year.

In a note on Monday, Fitch Solutions hiked Malaysia's real gross domestic product (GDP) growth outlook from the previous 5.2 percent to 5.9 percent on the back of its improved performance in the first half of the year.