Malaysian economy expected to grow between 4.5 pct, 5.5 pct in 2025

Xinhua
25 Mar 2025, 06:45 GMT+10

This photo taken on Jan. 29, 2024 shows a night view near Petronas Twin Towers in Kuala Lumpur, Malaysia. (Xinhua/Cheng Yiheng)

KUALA LUMPUR, March 25 (Xinhua) -- The Malaysian economy is projected to grow between 4.5 percent and 5.5 percent in 2025, underpinned by domestic demand, the country's central bank said Monday.

The Bank Negara Malaysia (BNM) said in a statement that this growth will be driven by sustained domestic demand, despite heightened external uncertainties that could lead to a more moderate expansion of exports.

BNM governor Abdul Rasheed Ghaffour said that while uncertainties remain on the global horizon, Malaysia's diversified economic structure and a wide array of policy tools will accord the country the resilience and agility to navigate these headwinds.

"We are confident that the Malaysian economy will remain on a steady growth path, with inflationary pressures to remain broadly manageable," he said.

With favorable domestic conditions expected, Malaysia should continue its pursuit of key structural reforms to ensure sustainable growth for the years to come, he added.

The Malaysian economy registered a growth of 5.1 percent in 2024.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Middle East Star.

More Information

null in null

International Business

Section

Malaysian economy expected to grow between 4.5 pct, 5.5 pct in 2025

This photo taken on Jan. 29, 2024 shows a night view near Petronas Twin Towers in Kuala Lumpur, Malaysia. (Xinhua/Cheng Yiheng) KUALA...

575 publishers from 92 countries to participate in 4th International Booksellers Conference in Sharjah

Sharjah [UAE], March 24 (ANI/WAM): Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Book Authority (SBA), has announced...

IMF rejects Pakistan FBR's request to reduce transaction taxes for property sector

Islamabad [Pakistan], March 24 (ANI): The International Monetary Fund (IMF) has rejected Pakistan's Federal Board of Revenue's (FBR)...

Himachal CM request, HM Amit Shah to release 9,042 crore under PDNA

Shimla (Himachal Pradesh) [India], March 24 (ANI): Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu while interacting with the...

CBUAE issues new AED100 banknote

ABU DHABI, 24th March, 2025 (WAM) -- The Central Bank of the UAE (CBUAE) has launched a new banknote of AED100 denomination, made of...

DAE announces completion of Aeromexico Boeing 737 MAX mandate

DUBAI, 24th March, 2025 (WAM) -- Dubai Aerospace Enterprise (DAE) Ltd announced that it had delivered from its orderbook the sixth...

International

Section