YearStarter 2023: Business – What to expect in 2023?

With the rising recession risk in several major economies, Malaysia faces an uphill battle to maintain its growth momentum and consumer sentiment. – Filepic

The rising recession risk in several major economies, especially the United States, has clouded the global macroeconomic outlook for 2023.

As for Malaysia, a small and trade-reliant country, it would be an uphill battle to maintain its growth momentum and consumer sentiment, amid the impact from the crisis.