Rising incomes to drive demand for staple goods


Maybank IB said the sector’s core earnings growth is projected to reach 16% in 2025.

PETALING JAYA: The consumer sector in Malaysia is expected to see decent growth next year, underpinned by increased household spending.

According to Maybank Investment Bank Research (Maybank IB), the sector’s core earnings growth is projected to reach 16% in 2025, driven by staple-food manufacturers and retailers catering to the mass-market demographic with low-priced and affordable products.

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