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PNB ups 2017 GDP growth forecast to 5.8%

Mimi Sabreena 4:02:00 PM Informasi

KUALA LUMPUR (Dec 22): Permodalan Nasional Bhd (PNB), the country's largest fund management company, is planning to increase its exposure in the global market next year as the ringgit strengthens.

Today, over 90% of its investments are still onshore.

"This question on our international investment portfolio was previously addressed. At the time, the ringgit was not at a favourable position for us to invest overseas," its chief executive officer Datuk Abdul Rahman Ahmad told a media briefing to announce PNB's performance for the financial year ending Dec 31, 2017 (FY17).

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