Slower growth expected

Quick Summary:

Economists are downgrading their growth forecasts for the RM1.93 trillion Malaysian economy as the tariff war turns nasty.

However, the biggest tariff victim is China, which was slapped with a 104% tariff following which the world’s second-largest economy retaliated with a higher 84% tariff on American products with immediate effect.

In the event “trade hits hard”, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan told StarBiz “fiscal stimulus may be back on the table”.

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Article Details

Author / Journalist: GANESHWARAN KANA

Category: EconomyBusiness

Markets: MalaysiaCambodiaChinaIndiaNew ZealandPhilippinesSingaporeUnited StatesVietnam

Topics: GlobalRecession TariffWar Tariff Wars /Business/Business News RinggitVolatility Economy FiscalStimulus MalaysiaEconomy GDPForecast TradeTensions

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 00:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 993 words

Reading Time: 6 minutes read

Sentences: 37 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27762674

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 42 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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