February 26, 2025 06:07 GMT
MALAYSIA: Country Wrap: Malaysia to Record Steady Growth in 2025.
MALAYSIA
- BNM Governor addressed a luncheon where he touched briefly on Malaysia’s growth outlook. “After a strong performance last year, Malaysia is expected to record steady growth going into 2025 despite the challenging global environment. The diversified export structure will help cushion against external demand shocks. But, more importantly, key factors within the economy, particularly the robust expansion in investment activity and resilient household spending, will be important to drive growth this year.” (source: BNM)
- Malaysia’s property transaction value surged 18% to RM232.30 billion in 2024, the highest annual figure in a decade according to data from the Valuation and Property Services Department (source: The Edge Malaysia)
- Following a decline of over 1% yesterday, the FTSE KLCI has put in a strong performance today rising +0.50%.
- MYR: the ringgit is relatively unchanged today at 4.42
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