SME Bank projects Malaysia's growth at 4.5%-5% for 2025


KUALA LUMPUR: Malaysia’s growth is projected to range between 4.5 per cent and 5.0 per cent, reflecting positive sentiment in the overall economy, according to the Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank).

Its acting group president and chief executive officer, Datuk Mohammad Hardee Ibrahim said Malaysia’s gross domestic product (GDP) growth accelerated to 5.1 per cent year-on-year (y-o-y) in 2024, which is well within the bank’s in-house estimate of 4.3-5.3 per cent.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Margma urges relief measures amid NBR shortage due to Hormuz blockade
Berjaya Sompo appoints Soo Wai Har as CEO
Golden Destinations eyes RM90mil from ACE market IPO, to allocate RM50mil for new HQ
Philippine central bank holds rate at 4.25% as inflation risks rise
CIMB named best retail, SME bank in Malaysia by The Asian Banker
Stocks slide, oil gains with Mideast ceasefire prospects centre stage
Fresh growth opportunities open for MNCs
George Kent redeems RM132mil sukuk
Aemulus wins RM10.5mil order, marks debut in India
ICT Zone Asia secures RM24.5mil ICT hardware purchase order

Others Also Read