OCBC cuts Malaysia’s 2025 GDP forecast to 4.3%

OCBC Bank's Ling said the 4.3% growth projection is based on a 24% reciprocal tariff on Malaysian exports to the United States.

KUALA LUMPUR: OCBC Bank (M) Bhd has revised Malaysia’s gross domestic product (GDP) growth forecast for 2025 to 4.3%, down from 4.5%, due to a weaker external demand outlook.

Chief economist and head of global market research and strategy Selena Ling said the adjustment reflects growing concerns over weakening external demand and persistent global economic headwinds.