Fixed-asset investments fall short

“For now, the private sector is adopting a wait-and-see attitude,” said Lee.

PETALING JAYA: Investments in Malaysian fixed assets have not only remained below pre-pandemic levels but underperformed against neighbouring countries like Singapore and Indonesia in 2022.

With the economy expected to hit a soft patch, fixed asset investments or gross fixed capital formation (GFCF) could potentially grow slower this year following a 6.8% expansion in 2022.