Malaysia's Economy Forecasted to Grow 4.9%

Taiwan's economy is forecasted to grow by 3.22% in 2025, down from 4.3% the previous year, driven by strong exports and domestic demand despite uncertainties from global trade tensions and potential U.S. tariff hikes. The Chung-Hua Institution for Economic Research noted that while exports could rise by 5.56%, tariffs may impact the information and communications sector significantly. In Malaysia, Maybank Investment Bank projects a 4.9% GDP growth for 2025, supported by domestic consumer spending and an investment upcycle, although external factors could influence this outlook. Maybank also expects inflation to remain controlled, despite potential fuel price increases. Meanwhile, CIMB Securities anticipates a 5% GDP growth in Malaysia's fourth quarter of 2024, citing resilient distributive trade and improvement in the labor market. Overall, both Taiwan and Malaysia's economic forecasts reflect cautious optimism amidst global uncertainties.