HLIB Research has maintained its 2025 gross domestic product forecast at 4%.
PETALING JAYA: The domestic economy is expected to stay resilient fuelled by consumer demand amid steady loan growth this year despite external challenges such as tariffs and a “waning front-loading effect” from exports weighing on overall growth momentum.
Hong Leong Investment Bank Research (HLIB Research) said domestic consumption will be supported by lower RON95 petrol prices, which have been cut to RM1.99 per litre from RM2.05 per litre which started on Sept 30 for all Malaysians.
