Global risks won’t derail growth

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PETALING JAYA: The mounting global risks will not significantly derail Malaysia’s economic growth going forward, economists believe.

Although Malaysia, as an open economy, may to an extent be impacted, the country’s economic fundamentals remain intact, spurred by the government’s ongoing economic reforms, they noted.

Venkateswaran has projected 2025 GDP growth of 4.5% versus 5.2% in 2024, noting that the bank’s baseline forecast has not accounted for changes to trade policies, but includes expectations of modestly slower household spending in the second half, following the RON95 subsidy rationalisation.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaSingaporeUnited States

Topics: Growth Economic Investment States United Malaysia Businesses Economy Tariff Global China

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 00:00:00 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 958 words

Reading Time: 6 minutes read

Sentences: 26 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 25266834

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 41 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 29 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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