PETALING JAYA: CGS International (CGSI) Research sees several “compelling” reasons for a meaningful expansion in forward earnings multiples for corporate Malaysia in 2025, as the country enters the second full year of the Madani Economic framework and fiscal reforms.
In a note yesterday, the research house highlighted key tailwinds for the local market, including a progressive policy backdrop, robust domestic demand, a reversal in currency trends and double-digit earnings growth for the second consecutive year for most companies under its coverage.
