Cautious sentiment expected to prevail


Maybank IB said Malaysia is seeing an investment upcycle wave with non-trade growth engines.

PETALING JAYA: Economists are maintaining the general opinion that Malaysia could begin 2025 on a cautious note, casting one eye on the second inauguration of billionaire businessman Donald Trump as US President and the effect his administration will have on domestic growth.

Maybank Investment Bank (Maybank IB) Research said navigating “Trump 2.0” would be a task this year and although Asean will likely not be a priority or a direct target, Malaysia could catch some attention as it has been a beneficiary of trade diversion.

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