KUALA LUMPUR: Global economic growth is projected to stabilise at 3.2% in 2025, slightly below prior periods, with the United States likely to experie...
Choy says promises a mixed economic outlook marked by geopolitical uncertainties, policy shifts and evolving market dynamics.Global economic growth is projected to stabilise at 3.2% in 2025, slightly below prior periods, with the United States likely to experience a slower rate due to the cumulative effects of Federal Reserve interest rate increases, higher unemployment and cooling gross domestic product.
Geopolitical events – such as those unfolding in South Korea and in France – underscore the financial markets’ sensitivity to political stability, he added. “Looking ahead, economic nationalism and protectionist policies could pose both challenges and opportunities,” he said during the MARC’s 360 Outlook 2025 briefing recently.
“While this benefits Vietnam, the US-China trade dynamics and protectionist policies present mixed outcomes for the broader Asian region. They offer advantages but raise long-term concerns about economic nationalism’s persistence,” he said. In China, prolonged rate cuts reflect efforts to counter gross domestic product growth challenges and reallocate capital to higher-yielding investments.
“The ringgit has shown resilience despite October’s capital outflows, maintaining stability compared to historical peaks,”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wave to Earth announces KL leg of 0.03 world tourSouth Korean indie music band set for Malaysian concert in January 2025
Read more »
Malaysian Health Minister Tears Up During Budget 2025 DebateDatuk Seri Dr Dzulkefly Ahmad, the Health Minister of Malaysia, was visibly emotional and shed tears during the Budget 2025 debate at the committee level on Tuesday, November 16. He was particularly affected by stories of inadequate healthcare access shared by several MPs.
Read more »
Malaysian Salaries Projected to Rise by 2025The Malaysian Employers Federation (MEF) forecasts executive and non-executive salaries to increase by 5.50% and 5.41% respectively by 2025, driven by growing optimism in the economy.
Read more »
Economy Ministry to host Malaysian Economic Forum 2025KUALA LUMPUR: The Economy Ministry will host the Malaysian Economic Forum 2025 (FEM2025), focusing on high-impact sectors and Malaysia’s economic pros...
Read more »
Malaysia’s National Service PLKN Returns in 2025 with Updates; Other Malaysian News HighlightsMalaysia’s National Service Programme (PLKN) is set to resume in January 2025 with updates from versions 1.0 to 3.0. Other news includes the Malaysian government acknowledging overpayment for properties in London and Melbourne, a High Court dismissing a defamation suit, and TNB revealing over half a million Malaysian households owe RM1 billion, with Selangor leading the list of defaulters. Additionally, the Ministry of Finance has registered two new credit reporting agencies under the Credit Reporting Agencies Act 2010.
Read more »
These Malaysian States Will Not Observe New Year's Day As A Public Holiday In 2025In 2025, New Year's Day will be a regular working day in several Malaysian states, including Johor, Kedah, Kelantan, Perlis, and Terengganu, following unique cultural and regional practices.
Read more »