Photo by Chanaka on Pexels.com
Malaysia’s GDP growth forecast for 2025, initially set at 4.5% to 5.5%, may face a downward revision due to potential tariffs, according to Bank Negara Malaysia (BNM).
BNM Governor Datuk Seri Abdul Rasheed Ghaffour emphasized a cautious approach, noting the need to monitor developments, particularly regarding negotiations and retaliatory tariff measures. Speaking at the IMF Annual and Spring Meetings in Washington, he highlighted that while BNM had accounted for some risks in its March projections, recent developments, spurred by Donald Trump’s announcements, were unexpectedly disruptive.
“Certainly, this (Malaysia’s growth) will need to be marked out. But we are not in a rush to do it because we need to see how it (the reciprocal tariffs) unfolds.”
Government to announce diesel subsidy improvements soon, including simpler applications and family quota transfers, with…
Soaring AI infrastructure capex forces tech giants into debt markets, increasing concentration risks across both…
MBSB raises Malaysia’s 2026 GDP forecast to 5.1%, citing strong trade and domestic demand, but…
Malaysia to expand AI access in Budget 2027, focusing on infrastructure, affordability, and support for…
Selangor launches MamaKerja 2.0, easing childcare costs with RM1,000 aid for working mothers, targeting 10,000…
Malaysia's economy expanded 6.0% in Q2 2026, driven by manufacturing and stable services, reinforcing its…
This website uses cookies.