KUALA LUMPUR, Sept 19 — RHB Investment Bank Bhd expects the consumer sector to be the biggest beneficiary of the upcoming Budget 2023.
“We also expect the government to continue prioritising the B40 segment’s welfare through the provision of subsidies for necessities and monetary assistance,” it said in a research note today.“The digitalisation drive could be positive for names like CTOS Digital, GHL Systems and Revenue Group,” it said.
“Construction may see headlines from some pre-polls pump-priming, but this is likely to be skewed towards smaller contractors. Larger projects could still be announced, but these would require private funding,” it said.
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