Reported about 18 hours ago
In the fourth quarter of 2024, Malaysia's GDP growth slowed to 4.8%, below expectations and marking two consecutive quarters of deceleration, indicating potential economic challenges ahead. The country, which relies heavily on trade, is grappling with uncertainty due to global risks, including the incoming US administration's trade policies and China's economic performance. While the services sector drove growth, manufacturing and agriculture sectors showed declines. Analysts predict Malaysia will continue to grow, but at a muted pace amid these concerns.
Source: YAHOO